Crypto community unites to protect industry amid Senate ban threat. Elizabeth Warren's push for a ban causes market uncertainty. Regulatory battle ensues, impacting investors, businesses, and exchanges.
US House Committee unanimously approves Blockchain Support Act to boost American competitiveness, signaling growing recognition of technology's potential.
The IRS's proposed crypto reporting rules face backlash as industry stakeholders deem them overly broad and unfeasible. Industry experts advocate for clearer definitions, considerations for stablecoins and NFTs, and blockchain-based reporting solutions. The timeline for implementation remains uncertain, as revisions and feedback are anticipated. The crypto community awaits more precise guidelines that accommodate the unique characteristics of digital assets while facilitating efficient tax reporting.
Explore the latest developments in the crypto industry, including lawsuits, legal victories, and high-profile resignations that have impacted the market. Gain insights into the regulatory scrutiny faced by crypto firms and the implications for the future.
Discover Jon Stewart's insights on Wall Street's corruption and covert influence on cryptocurrency. Learn about the rise and fall of former FTX CEO SBF, the lack of transparency, and the potential risks for the evolving crypto market.
Explore the latest developments in the crypto industry, including lawsuits, legal victories, and high-profile resignations that have impacted the market. Gain insights into the regulatory scrutiny faced by crypto firms and the implications for the future.
US Congressman calls for removal of SEC Chair after Grayscale ruling | Concerns rise over Gensler's regulatory actions | Bitcoin ETF approval uncertain