Auto Added by WPeMatico

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?

Bitcoin Reclaims $64K Despite Strategy’s New Sale and Resumed US-Iran Strikes: Weekly Recap

It was another eventful week in the cryptocurrency markets, dominated by negative news, but BTC has somehow managed to stay afloat and mark some gains. Recall that bitcoin began its…

Continue ReadingBitcoin Reclaims $64K Despite Strategy’s New Sale and Resumed US-Iran Strikes: Weekly Recap

Ripple CLO Stuart Alderoty: 67 Million Crypto Owners Are Not a ‘Rounding Error’

Ripple’s Chief Legal Officer Stuart Alderoty has criticized Politico over its interpretation of a recent opinion poll, where the publication framed support for crypto legislation as “only 27%,” arguing that…

Continue ReadingRipple CLO Stuart Alderoty: 67 Million Crypto Owners Are Not a ‘Rounding Error’