Policy

U.S. House's tax committee advances crypto tax bill in wake of Clarity Act loss

The Digital Asset Tax Certainty Act would ease complicated tax burdens for everyday use of cryptocurrencies, though Trump's industry ties spurred some pushback.

U.S. House Ways and Means Committee (Heather Diehl/Getty Images)

Hamas military wing told donors to avoid sending crypto directly from Binance, DOJ filing shows

Hamas’ military wing advised donors not to use Binance to handle funds but rather to use Trust Wallet, Bybit, OKX, Kast and Redotpay to send funds to an external TRON wallet, according to recent U.S. Department of Justice documents.

Hamas, Gaza

Crypto industry reacts after Clarity Act fails Senate vote

One of the most crucial U.S. regulations for crypto markets couldn't secure enough support to clear the Senate's final 60-vote hurdle.

Senator Cynthia Lummis (Senate webcast)
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Democrats send counteroffer to Republicans over Clarity Act provisions

Democratic Senators were said to be meeting late Monday to discuss the latest proposed draft text.

Ruben Gallego (Nikhilesh De/CoinDesk)

U.S. House panel shares crypto tax bill ahead of hearing later this week

The House Ways and Means Committee published a crypto tax bill addressing de minimis transactions, staking and other issues for which the industry's clamored for policies.

CoinDesk

Even if Clarity fails, Wall Street’s crypto push is unlikely to stop

The Clarity Act could give banks, brokers and asset managers a clearer rulebook, but financial firms have already moved far enough into digital assets that failure may slow adoption rather than stop it.

Wall street signs (Lo Lo/Unsplash)

SEC's Atkins backs Clarity Act but says agency will keep pushing crypto rules without it

The SEC chair said crypto issuance, transfer agent modernization and custody will form the backbone of the agency’s regulatory push.

U.S. Securities and Exchange Commission Chairman Paul Atkins (Jesse Hamilton/CoinDesk)

U.S. Senator Lummis says Democrats won't quit asking for more on crypto Clarity Act

One of the top crypto market structure negotiators in Washington says she's run out of gas on new revisions for the bill she's worked on for more than five years.

Senator Cynthia Lummis (Jesse Hamilton/CoinDesk)