Crypto's Sisyphean struggleProgress will effectively reset when the new Congress is sworn in, because key senators who quarterbacked the bill will not be on the ballot again, writes the Cato Institute's Ryan Chan-Wei.CoinDesk3d agoWhole story →EconomyGovernmentHR 3633crypto regulation bill fails
Democrats killed the Clarity ActDemocrats should remember the people they represent and do what's best for them, not what's best for their political calculus, consultants, and special interests, writes Sen. Tim Scott (R-S.C.).CoinDesk7d agoWhole story →EconomyTechnologyTim Scottclarity act vote
Bitcoin nears $87,000, Zcash zooms 10% as U.S. bitcoin reserve bill clears committeeFalling oil eased inflation worries through the Asian session, while a bill to make the government's bitcoin stockpile permanent moved further through Congress than any before it.CoinDesk13d agoWhole story →EconomyPlanetHR 8957bitcoin reserve bill markup
Crypto market structure can't wait for shot at post-election Clarity Act surge: White HouseWhite House and U.S. Treasury officials agree that despite some hope that Congress' "lame duck" session could see the bill again, the work's in regulators' hands.CoinDesk14d agoWhole story →GovernmentTechnologyHR 3633lame duck session
Bitcoin survived brutal week of market shocks. Still, analysts are deeply split on what happens next.Despite absorbing a Federal Reserve rate hike and the failure of U.S. market-structure legislation, Bitcoin held the $75,000 level while broader derivatives markets faced steep liquidations.CoinDesk16d agoWhole story →EconomyTechnologyclarity act senate vote
Kevin O’Leary says Congress will revisit Clarity next year as crypto tax bill advancesThe Shark Tank investor says Congress will face pressure to revive crypto market structure legislation as it moves to establish tax rules for digital assets.CoinDesk19d agoWhole story →EconomyTechnologyHR 10357crypto tax bill advances
To ensure permanent economic innovation, we must pass the Clarity Act nowCongress needs 60 Senators willing to put innovation first and provide critical relief to the digital asset industry, argues Rep. Shri Thanedar (D-Mich.)CoinDesk21d agoWhole story →EconomyTechnologyShri Thanedardigital asset regulation debate
U.S. House panel shares crypto tax bill ahead of hearing later this weekThe 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.CoinDesk22d agoWhole story →EconomyTechnologyHR 3633HR 10357crypto tax bill markup
Bitcoin, XRP, SOL drop as Senate Clarity Act vote nearsBitcoin retreats as a Senate vote on the Clarity Act nears, while rising oil prices and hawkish Fed expectations weigh on crypto markets.CoinDesk22d agoWhole story →EconomyGovernmentHR 3633clarity act vote