Brazil's Congress moves to levy higher taxes on cryptocurrencies
If approved, the legislation would place crypto assets held by Brazilians overseas subject to the same tax rules governi...
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First major success in US Congress for two crypto bills: Law Decoded
In a 35–15 vote, the House Financial Services Committee approved the Financial Innovation and Technology for the 21st Ce...
Circle CEO spells doom scenario for US dollar in warning to Congress
Jeremy Allaire claimed the U.S. dollar is “under threat” and urged lawmakers to pass stablecoin regulation to “build tru...
Binance faces scrutiny in Brazil, exec summoned to testify before Congress
This development comes amid a global regulatory crackdown on Binance, which is facing investigations in multiple countri...
‘Who the hell’ is Prometheum and what did it say to Congress about SEC compliance?
A testimony given at a U.S. House hearing by the blockchain firm’s co-founder Aaron Kaplan has drawn the attention of th...
Coinbase, Robinhood, CFTC to testify in Congress over draft crypto bill
Paul Grewal reiterated that the “U.S. is falling behind” and is at risk of driving jobs, innovation and investment overs...
Stablecoin issuers have spent over $1.3M lobbying Congress since 2022
Tether and Circle have been leading lobbying efforts among stablecoin issuers as they push for legislation and regulatio...
OpenAI CEO to testify before Congress alongside ‘AI pause’ advocate and IBM exec
AI experts from IBM, NYU, and OpenAI will testify before the U.S. Senate on May 16 in a hearing entitled “Oversight of A...
U.S. Congress to introduce new draft bill for stablecoins
Failure to register as a stablecoin issuer could result in up to five years in prison and a fine of $1 million. Issuers...
SEC chief Gary Gensler to face Congress grilling over crypto policy
The chair of the Financial Services Committee said its primary focus would be setting the groundwork for crypto regulati...
