The CLARITY Act is gaining backing from law enforcement and crypto advocates alike, with supporters arguing it could reduce regulatory chaos, improve compliance, and make digital asset crime easier to trace. Critics say the bill still leaves gaps, but it may be a real step toward sane U.S. crypto rules.
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U.S. crypto groups are backing a bill to let miners and stakers choose when rewards are taxed, arguing the IRS shouldn’t demand cash taxes on illiquid tokens. Critics warn it could become a loophole for big players.
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Crypto groups are pressing Congress to fix the tax gray zone around Bitcoin mining and staking rewards. H.R. 9175 could bring long-overdue clarity, cut compliance chaos, and help keep crypto infrastructure in the U.S. instead of chasing friendlier shores.
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Blockchain Association Challenges Senate on Stablecoin Yield Restrictions The future of money is under siege, and the Blockchain Association is drawing a line in the sand. Representing over 125 crypto and fintech powerhouses, the group has fired off a bold letter to Senate Banking leaders, rejecting a push to slap tighter restrictions on stablecoin yields […]
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CFTC’s Mersinger: Crypto Perpetual Futures Could Soon Trade in the U.S. Summer Mersinger, the outgoing commissioner of the Commodity Futures Trading Commission (CFTC), has sparked excitement in the crypto community with her recent statements on Bloomberg TV. As she gears up to lead the Blockchain Association as CEO, Mersinger is confident that crypto perpetual futures […]
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Crypto Industry Fights Back Against IRS Overreach on DeFi The cryptocurrency sector, backed by the Blockchain Association and Senator Ted Cruz, is rallying against a new IRS rule threatening to stifle decentralized finance (DeFi) innovation. This contentious regulation, quietly dropped during the holiday season, could drive DeFi development offshore and compromise U.S. leadership in blockchain […]
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Dan Morehead Investigated for $850M Crypto Tax Exemptions: Puerto Rico’s Act 60 Under Scrutiny Dan Morehead, the mastermind behind Pantera Capital, finds himself in the crosshairs of the U.S. Senate Finance Committee for leveraging Puerto Rico’s Act 60 to claim tax exemptions on a staggering $850 million in cryptocurrency profits. As new IRS regulations loom, […]
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Blockchain Association Challenges IRS Over Crypto Broker Rules The battle for the soul of decentralized finance (DeFi) has reached a boiling point as the Blockchain Association and the Texas Blockchain Council take on the IRS in a lawsuit that could redefine the future of crypto. These new regulations, set to take effect in 2027, expand […]
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