The Blockchain Association and Crypto Council for Innovation filed a lawsuit seeking to bar the State of Illinois from enforcing the Digital Asset Tax Act before it takes effect on Jan. 1, 2027. Th...
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Between Sept. 8, 2023, and Dec. 31, 2025, approximately $12.7 billion in financial activity was tied to suspected digital asset investment scams, according to the U.S. Department of the Treasury’s F...
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The Crypto Council for Innovation and the Blockchain Association filed a lawsuit challenging the State of Illinois’s Digital Asset Tax Act. The Digital Asset Tax Act imposes a 0.2 percent tax on ...
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The Securities and Exchange Commission SEC) has proposed new rules that would create a clear framework for certain investment contracts involving crypto assets. This proposal, dubbed titled Regulat...
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The U.S. Department of the Treasury is seeking public comment on a proposed rule that outlines the Treasury’s implementation of section 3 of the Guiding and Establishing National Innovation for U.S....
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The Minority Staff of the Senate Banking, Housing, and Urban Affairs Committee released an analysis that contends that the Digital Asset Market Clarity Act would weaken law enforcement tools for decen...
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The Crypto Council for Innovation, Blockchain Association, and The Digital Chamber recently sent a letter to Majority Leader John Thune (R-SD) and Minority Leader Chuck Schumer (D-NY), expressing stro...
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Federal agencies jointly charged with overseeing stablecoin are asking for public comment on a proposed rule for permittee payment stablecoin issuers. The Financial Crimes Enforcement Network (Fin...
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U.S. Rep. Jodey Arrington (R-TX) introduced legislation last week that seeks to close tax loopholes in the digital asset market. The Applying Existing Tax Anti-Abuse Rules to Digital Assets Act (H....
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U.S. Reps. Sean Casten (D-IL) and Maria Salazar (R-FL) introduced legislation recently that would provide strong protections for potential fraud victims and require crypto ATM companies to comply with...
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