Cynthia Lummis, one of Wyoming’s two US senators, who announced plans to leave the chamber in 2027, has revived a push for a de minimis tax exclusion on small cryptocurrencies transactions as the Senate debates […]
Former Binance CEO Changpeng “CZ” Zhao said centralized crypto exchanges have “zero motive” to assist terrorists after a US court dismissed a lawsuit accusing the exchange of facilitating terrorist financing. In a post on X, […]
Florida lawmakers have approved a state-level framework regulating payment stablecoins, moving the legislation to Governor Ron DeSantis’ desk for final approval. In a Friday post on X, Samuel Armes, founder of the Florida Blockchain Business […]
Nevin Shetty was convicted of wire fraud related to secretly moving $35 million in funds from a Seattle startup to his own crypto platform in 2022 to use for DeFi investments. A Seattle judge has […]
The US Internal Revenue Service (IRS) is seeking to require electronic delivery of tax forms to crypto exchange users. Under the current rules, exchanges are required to provide paper copies of tax form 1099-DA, the […]
The US Senate will soon vote on Donald Trump’s nominee to head the US Federal Reserve after the president picked Kevin Warsh, who has previously expressed pro-Bitcoin views, to replace Fed chair Jerome Powell. In […]
SEC Chair Paul Atkins and CFTC Chair Michael Selig addressed market structure, prediction markets and perpetual futures at a Tuesday event. Michael Selig, chair of the US Commodity Futures Trading Commission (CFTC), said the agency […]
While US Senate lawmakers have been working to pass a comprehensive digital asset market structure bill since July, some industry observers in Washington say progress could be “on hold” due to government gridlock. Since the […]
Six Polymarket traders earned roughly $1 million after accurately betting that the United States would strike Iran before the end of February, triggering insider trading suspicions. The six wallets were all created in February and […]
A group of 11 US senators has asked federal authorities to investigate whether crypto exchange Binance is complying with US sanctions and Anti-Money Laundering (AML) requirements, citing recent reports. In a letter on Friday to […]
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