Senator Warren Blasts Crypto Bills as Handouts, Pushes for Tighter Rules

Senator Warren Blasts Crypto Bills as Handouts, Pushes for Tighter Rules

Senator Elizabeth Warren is once again calling out what she sees as major gaps in the way the U.S. is approaching cryptocurrency regulation. Just before a Senate Banking Committee hearing titled “From Wall Street to Web3”, she laid out a fresh set of standards that she believes should guide how lawmakers handle digital assets going forward. The timing wasn’t random. Two new bills passed by the House—the CLARITY Act and the GENIUS Act—have sparke…

US House passes three key crypto bills; market reaction muted as Bitcoin dips

US House passed all three key crypto bills: the CLARITY Act, GENIUS Act, and Anti-CBDC Surveillance State Act. Despite the “historic” legislative wins, crypto markets remained flat, with Bitcoin down 0.89% to $118,849. The GENIUS Act (stablecoins) is the first major crypto bill to clear both chambers and is now on President Trump’s desk. The US House of Representatives has delivered a week of landmark legislative victories for the cryptocurrency…

Crypto Chaos As Elizabeth Warren Warns CLARITY Act Threatens U.S. Economy

Crypto regulation faces backlash as Warren warns CLARITY Act endangers U.S. financial oversight. The bill allows NYSE-listed firms to tokenize shares, raising fears of unregulated corporate power. Despite the controversy, crypto adoption in the U.S. surges past 55 million users as regulation debates heat up. Cryptocurrency regulation again stands at the center of controversy in Washington. Senator Elizabeth Warren is vigorously criticizing the D…

Cryptocurrency Tax Bill: Key Changes and Impact on Digital Assets

New guidelines are presented by the cryptocurrency tax bill. These provisions apply to digital assets and stablecoins. It brings transparency when it comes to tax reporting and compliance. The governments strive to seal loop holes. Digital asset transactions are the direct targets of the bill. Failure to comply with these rules renders the investors to penalties. Now digital assets, such as Bitcoins and Ethereum are taxable. Case Progression of …

Senator Warren Warns Crypto Could Destroy US Economy

Crypto could be used to blow up entire US economy, Senator Elizabeth Warren suggests

The Bills That Could Change Crypto in The U.S. - Software Unplugged

There are multiple bills before the House that could redefine the way crypto is regulated in the U.S. Those in the crypto industry have been lobbying for the bills, which could lead to less oversight of the industry by the S.E.C. and to more widespread use of stablecoins. David Yaffe-Bellany, a technology reporter for The New York Times, explains. Source link The post The Bills That Could Change Crypto in The U.S. appeared first on Software Unpl…