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Bipartisan senators are discussing an ethics proposal for U.S. President Donald Trump that could include a provision allowing him to defer capital gains taxes on his crypto assets as part of efforts to advance the Clarity Act, Bloomberg reported. According to ChainCatcher, the proposal also calls foā¦
Bitwise Chief Investment Officer Matt Hougan said crypto will continue to march ahead even if the U.S. Clarity Act fails to pass this week ā a deadline widely seen as a critical juncture before Congress takes its August recess.The Senate is scheduled to begin its summer break from Aug. 10 to Sept. 1ā¦
Trump Media & Technology Group, the company behind Truth Social, has made another major move involving its Bitcoin holdings, extending a series of recent sales.The company sold 2,628 Bitcoin (BTC) worth about $165 million through transfers to Crypto.com, blockchain analytics platform Lookonchain saiā¦
Two US senators from opposite parties have reportedly sent revised ethics guidelines to the White House as part of discussions over a cryptocurrency market structure bill in Congress. According to Cointelegraph, Senator Thom Tillis and Senator Ruben Gallego submitted a counteroffer to the Trump admiā¦
By Elizabeth HowcroftCryptocurrency exchange HTX was sanctioned by the European Union on Thursday as part of the bloc's latest effort to tighten pressure on Russia's financial system.HTX, formerly known as Huobi and founded in China, is one of the world's largest crypto platforms. Hong Kong-based biā¦
Democratic Senator Ruben Gallego says he will be working with Republicans to come up with a counterproposal to White House-approved ethics provisions in the CLARITY Act, saying the draft released this week was ānot a serious effort.āOn Wednesday, Senate Republicans released the proposed text for theā¦
Newly approved ethics language signed by President Donald Trump would prohibit federal officials from issuing cryptocurrencies, and would put the Justice Department in charge of enforcing it, not states, which could become a sore spot in trying to pass broader cryptocurrency legislation.Talk of the ā¦
Traders balked on Bitcoin (BTC) at $65,000 on Monday as crypto and risk-assets remained under pressure.Key points:Bitcoin staged several unsuccessful attempts to break and hold $65,000.US stocks face pressure from both the Iran war and an ongoing institutional tech sell-off.Bitcoin traders stay posiā¦
CFTC Chair Mike Selig said the United States has become the "global crypto capital" one year after the GENIUS Act became law. According to ChainCatcher, he credited U.S. President Donald Trump and Senator Bill Hagerty for leadership that helped achieve the goal.
The United States has conducted its eighth consecutive night of airstrikes against Iran, according to a statement from Centcom. These ongoing operations are part of the 2026 Iran conflict, primarily focused on degrading Iranian military capabilities and targeting air defenses, logistics, and missileā¦