Illinois Crypto Tax: 0.2% Levy Sparks Industry Backlash
Illinois lawmakers have passed a 0.2% tax on crypto transactions. Discover the potential impact on…
Tag: Regulation
US Congress Debates New Crypto Tax Rules and Exemptions
US lawmakers are debating seven draft bills aimed at simplifying crypto tax regulations, including "de…
Texas Shuts Down Massive Crypto MLM Scheme Promising 60% Returns
Texas securities regulators have issued an emergency cease-and-desist order against BG Wealth Sharing and DSJ…
US Senate Faces Tight Window for Digital Asset Clarity Act
Senator Cynthia Lummis warns that if the Digital Asset Market Clarity Act fails to pass…
OCC Chief Denies Being ‘Trump Fixer’ in Crypto Hearing
OCC Comptroller Jonathan Gould clashed with Rep. Gregory Meeks over World Liberty Financial's national trust…
Congress Stock Ban Bill to Target Polymarket, Kalshi
US lawmakers plan to expand the Congressional stock ban bill to include prediction markets like…
Israel Crypto Tax Scheme Fails to Attract Investors
Israel's voluntary crypto tax disclosure program has flopped, drawing only 58 filers and $50 million…
CLARITY Act Loophole: How Coinbase and Ethena Bypass Yield Ban
Coinbase and Ethena partner to bypass the CLARITY Act's ban on passive stablecoin interest, threatening…
Defend Developers PAC Launches to Shield Crypto Creators
A new hybrid political action committee, Defend Developers PAC, has launched to support US lawmakers…
Ripple Launches RLUSD Stablecoin in Turkey for Institutional Use
Ripple expands its compliance-first stablecoin RLUSD to Turkey, partnering with BiLira, Bitexen, and Bitlo to…