Members of Congress urge revisions to Treasury’s ‘unworkable’ digital asset tax rules
Several American lawmakers voiced their concerns to the U.S. Treasury regarding a proposed taxation scheme for digital assets in a...
Congress
Deputy Treasurer Urges Congress: Regulate Illicit Crypto Use
In a recent address, Deputy Treasury Secretary Wally Adeyemo called on Congress to bolster the Biden administration’s efforts to combat...
Bankman-Fried’s Trial Exposed Crypto Fraud but Congress Has Not Been Eager to Regulate the Industry
PALM SPRINGS, Calif. (AP) — The conviction of former cryptocurrency mogul Sam Bankman-Fried for stealing at least $10 billion from...
Brazilian Congress puts Binance CEO CZ in crosshairs for indictment
A Brazilian congressional committee has recommended local law enforcement move to indict Binance CEO Changpeng “CZ” and three other Binance...
SEC Told to Approve Bitcoin Spot ETF 'Immediately' by Congress – Crypto Briefing
Congress accuses SEC of unfair bitcoin ETF policies, demanding equal treatment of spot and futures funds after court ruling against...
US Congress Bans Federal Reserve from Creating CBDC
Today, the United States Financial Services Committee passed the first anti-CBDC (Central Bank Digital Currency) bill. The initiative echoes sentiments...
Congress is back, and Gensler is making the rounds
As members of Congress make their way back to Washington this month, crypto companies and investors have an eye on...
SEC Chair Gary Gensler to testify before Congress twice this September
Securities and Exchange Commission (SEC) Chairman Gary Gensler is poised to testify before Congress twice this September — once before...
Brazil’s Congress moves to levy higher taxes on cryptocurrencies
Brazilian lawmakers are moving forward with a legislation that would raise taxes on cryptocurrencies held overseas. According to local reports,...
The SEC is exceeding its authority and encroaching on Congress’ lawmaking: Senator Lummis
U.S. Senator Cynthia Lummis filed an amicus brief on August 11 supporting Coinbase’s motion to dismiss against the U.S. Securities...