US Senator Cynthia Lummis drafts standalone crypto tax bill
The Wyoming Senator seeks to end double taxation and add clarity to the tax treatment of crypto staking, mining, and lending transactions.
The Wyoming Senator seeks to end double taxation and add clarity to the tax treatment of crypto staking, mining, and lending transactions.
Original source
Read on CointelegraphRelated market context
Sky Governance Proposal Seeks To Double USDC PSM Buffer To $800 Million
TL;DR BA Labs has proposed doubling key LITE-PSM-USDC-A parameters in the Sky stablecoin system from 400 million to 800 million. T...
Ripple CEO criticizes JPMorgan’s Jamie Dimon over Clarity Act bill
The debate highlights the tension between traditional banking and emerging digital asset regulations, impacting future financial l...
Crypto News, June 12: Bitcoin Pump and Dump As Trump Says Iran Peace Deal “Closing” for The 40th time, Clarity Act Heats Up at SpaceX IPO Day
Trump is stirring the news and crypto with a fresh Iran peace deal, again. Also, we are in to witness SpaceX IPO as it kicks off w...
Ripple CEO Takes Aim at JPMorgan's Jamie Dimon Over Clarity Act Crypto Bill Criticism
Ripple's Brad Garlinghouse spoke out against JPMorgan CEO Jamie Dimon and his comments on the key piece of crypto legislation.
Ripple CEO Accused Jamie Dimon of Lying About CLARITY Act And Called Out $20Bn Reason Why
Ripple CEO Brad Garlinghouse went directly at JPMorgan chief Jamie Dimon on Fox Business Wednesday, accusing him of ‘intentional m...
Ripple chases AI’s machine economy as XRPL stablecoins near $1 billion
Stablecoin liquidity on the XRP Ledger (XRPL) has nearly doubled over the past month, putting the network within reach of a $1 bil...