Congress Examines 8 Crypto Tax Proposals as $2T Market Faces Compliance Burden
In recent developments, house tax lawmakers reviewed eight digital asset tax proposals seeking clearer rules for crypto payments, mining, staking, donations, and compliance. The measures aim to reduce paperwork for…
House GOP eyes summer vote on prediction market restrictions for lawmakers
In recent developments, house Republicans plan a summer vote on a congressional stock trading ban and new restrictions on lawmakers’ prediction market activity. Looking closer, market participants highlight key drivers…
House Republicans Open Investigation Into Kalshi, Polymarket Over Insider Tra…
In recent developments, the chair of the powerful House Oversight Committee has requested documents from Polymarket and Kalshi regarding insider trading and war-related markets. Looking closer, market participants highlight key…
House Oversight Committee Launches Probe into Polymarket and Kalshi Over Insi…
In recent developments, rep. James Comer, Chairman of the House Committee on Oversight and Government Reform, sent letters to Polymarket and Kalshi to ascertain the measures these platforms are taking…
Republican lawmakers call for permanent CBDC ban as House vote approaches
In recent developments, tom Emmer, the House majority whip, is also advocating for his Anti-CBDC Surveillance State Act, which has passed the House but has yet to pass the Senate.…
White House confirms Trump to address memecoin gala on Saturday
In recent developments, uS President Donald Trump will appear at an event for holders of the TRUMP memecoin after the White House previously said it wasn’t locked into his schedule.…
White House Study Finds Stablecoin Yield Ban Barely Moves Lending Needle Desp…
In recent developments, white House analysis shows stablecoin yield restrictions deliver minimal lending gains, with banking liquidity largely preserved through reserve recycling, challenging core policy assumptions behind proposed legislation. Key…
UFC Freedom 250 at the White House: Crypto.com Puts up $1 Million CRO Bonus P…
In recent developments, uFC and Crypto.com announced this week that the cryptocurrency platform will co-present UFC Freedom 250, a historic mixed martial arts card scheduled for June 14 on the…
White House warns staff as Iran bets add to growing insider trading concerns
In recent developments, reuters reported that White House staff were warned against using confidential information after suspicious Iran-linked oil futures bets and fresh scrutiny of prediction markets. Looking closer, market…
Stablecoin yields won’t harm banks, White House economists say
In recent developments, white House economists say banning stablecoin yield would add little to bank lending while imposing significant costs on users. Looking closer, market participants highlight key drivers such…
MyTonWallet Rebrands to My Wallet After Expanding to 11 Blockchains
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