Auto Added by WPeMatico

Democrats Reject Latest CLARITY Act Draft Over Ethics, Illicit Finance Concerns

A group of Senate Democrats who generally support crypto legislation has said the latest draft of the CLARITY Act still falls short, raising objections to its ethics, consumer protection, illicit…

Continue ReadingDemocrats Reject Latest CLARITY Act Draft Over Ethics, Illicit Finance Concerns

Crypto Industry Launches First Major Legal Challenge to Illinois’ Digital Asset Tax

The Digital Chamber has filed a lawsuit to block Illinois’ upcoming crypto tax. The industry advocacy group argues that the tax unlawfully targets blockchain transactions for discriminatory reasons. Illinois Faces…

Continue ReadingCrypto Industry Launches First Major Legal Challenge to Illinois’ Digital Asset Tax

CLARITY Act Odds Crash to 31% After Trump Push Fails to Break Senate Deadlock

Donald Trump’s 2024 presidential campaign had a strong focus on the cryptocurrency industry. While trying to lure donations and votes, he promised favorable regulatory frameworks that could help it flourish.…

Continue ReadingCLARITY Act Odds Crash to 31% After Trump Push Fails to Break Senate Deadlock

Trump’s New Iran Strategy Revealed: Will Bitcoin Pay the Price Again?

Bitcoin’s price charted impressive gains on Tuesday and Wednesday after the lower-than-expected US CPI numbers for June, spiking to a multi-week peak of $65,000. However, this progress is in danger…

Continue ReadingTrump’s New Iran Strategy Revealed: Will Bitcoin Pay the Price Again?