Senate Passes Trump Bill Without Crypto Tax Breaks The recent decision by the Senate to pass the Trump bill without including crypto tax breaks has sparked mixed reactions among the cryptocurrency community. One of the proposed changes that were left out of the bill was the taxation of staking rewards only upon sale. Additionally, there […]
Senate clears $3.3T Trump bill with massive defense boost, healthcare and energy cuts
Senate Clears $3.3T Trump Bill with Massive Defense Boost, Healthcare and Energy Cuts The Republican-controlled U.S. Senate passed President Donald Trump’s sweeping tax-and-spending bill on Tuesday, locking in a $3.3 trillion package that includes significant increases in defense spending while making cuts to healthcare and energy sectors. This move signals a major shift in the […]
Senate passes the GENIUS Act to regulate stablecoins
Senate Passes the GENIUS Act to Regulate Stablecoins The United States Senate recently made a groundbreaking decision by passing the GENIUS Act, a significant piece of legislation aimed at regulating stablecoins. This move comes in response to the growing popularity of stablecoins in the digital currency market and the need to establish clear guidelines to […]
Senate edges closer to GENIUS Act
Senate Nears Final Approval of GENIUS Act The United States Senate is on the brink of a significant legislative milestone with the potential final approval of the bipartisan-backed GENIUS Act. This legislation, aimed at regulating stablecoins, has been making waves in the financial and technological sectors as it moves closer to becoming law. If all […]
Democrats shift stance on GENIUS Act
Democrats Shift Stance on GENIUS Act: Senate Advances Bipartisan Deal on Stablecoin Rules In a surprising turn of events, Democrats in the Senate have shifted their stance on the GENIUS Act, leading to the advancement of the bill after reaching a bipartisan deal on new stablecoin rules. This move marks a significant shift in the […]
Senator Labels China-Linked Hack on US Telecoms as Historic Breach
In a stunning revelation, U.S. authorities have reported a massive cyberattack on American telecommunications, which they characterize as the most significant breach in the nation’s history. This sophisticated hack, attributed to Chinese cyber operators, targeted several telecom companies, leading to the unauthorized interception of surveillance data intended for American law enforcement. The ramifications of this […]