Crypto Tax Bill Clears House Committee After Clarity Act Setback
In brief The House Ways and Means Committee approved the Digital Asset Tax Certainty Act. The proposal covers transaction fees, stablecoins, mining, staking and lending.…
In brief The House Ways and Means Committee approved the Digital Asset Tax Certainty Act. The proposal covers transaction fees, stablecoins, mining, staking and lending.…
In brief Meta plans to release a camera-free smart glasses model, internally code-named Luna, as soon as October. Luna reportedly swaps the camera for six…
Digital Sovereignty Alliance managing director Adrian Wall said senators from both parties are considering another attempt to advance the crypto market structure bill before the…
In brief Independent researcher Jonas Wiedermann-Moeller found that OpenAI’s rogue agents hijacked two Hugging Face accounts and probed the platform’s network as early as May…
In brief The Fed raised its benchmark rate 25 basis points to a 3.75%-4.00% range in a unanimous vote, its first hike since 2023. Warsh…
The UK Financial Conduct Authority has issued final guidance outlining when crypto activities may require authorization under the country’s incoming regulatory regime. The guidance covers activities such as issuing…
The hackers behind a data breach at Revolut are demanding $3 million worth of monero (XMR) within 24 hours, threatening to sell the stolen customer…
In brief Developers are targeting October 10 for the final release. The update speeds up some block checks and changes a transaction format used by…
The US House Ways and Means Committee passed the Digital Asset Tax Certainty Act with bipartisan support on Wednesday, advancing legislation aimed at reshaping the…
The U.S. Federal Reserve tightened monetary policy for the first time in more than three years on Wednesday. In a nearly-universally anticipated move, the central…