2025-3-3 20:10 |
The United States Senate will vote this week on a resolution seeking to overturn the Internal Revenue Service’s crypto reporting rule, which industry players argue threatens the decentralized finance sector. origin »
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Senator Chuck Schumer and 10 Democratic senators sided with Republicans to pass a resolution overturning an SEC rule on banks holding crypto, later vetoed by President Biden.
2024-8-15 21:22 | |
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US Senate's vote to revoke SEC's crypto rule now hinges on Biden's veto, with potential major implications for the crypto sector. The post What happens if Biden vetoes Senate bid to cancel SEC’s crypto rule? appeared first on Crypto Briefing.
2024-5-19 16:00 | |
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The US Senate passes a resolution against the SEC's rule requiring banks to list digital assets, signaling bipartisan support for crypto innovation. The post SEC’s crypto rule overturned by US Senate decision appeared first on Crypto Briefing.
2024-5-19 22:02 | |
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The passage of a resolution to nullify the SEC's controversial SAB 121 rule has been celebrated as a major legislative victory for the cryptocurrency industry
2024-5-16 21:06 | |
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60-38 in the Senate voted in favour of overturning the SEC rule. Bipartisan support signals a potential shift in crypto regulation. Presidential veto possible. In a landmark decision, the US Senate has voted to overturn a key Securities and Exchange Commission (SEC) rule that barred regulated financial firms from holding Bitcoin and other cryptocurrencies.
2024-5-17 21:00 | |
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U.S. President Joe Biden said he intended to veto the joint resolution aimed at overturning an SEC rule requiring banks to keep customers’ digital assets on its balance sheets.
2024-5-17 20:50 | |
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The bill now heads to the President's desk.
2024-5-19 20:18 | |
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US lawmaker Wiley Nickel has urged the Gary Gensler-led Securities and Exchange Commission (SEC) to repeal the Staff Accounting Bulletin 121 (SAB 121) before the impending Senate vote. SAB 121 requires financial institutions custodying crypto to hold these assets on their balance sheets.
2024-5-15 20:19 | |
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Senators Rob Portman and Mark Warner proposed an amendment on Thursday to the crypto tax reporting rule that was tabled days earlier by the senate infrastructural bill’s cryptocurrency provision. The new amendment states briefly that the proposed reporting requirements exclude proof-of-work mining as well as the sale of software and hardware that support hot and […]
2021-8-7 16:55 | |
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U.S. Senator Todd Young of Indiana is calling on the Internal Revenue Service (IRS) to review Biden-era tax guidelines for cryptocurrency rewards.
The White House is reviewing a proposal from the IRS to adopt an international standard for reporting and taxation of digital assets.
Сообщение IRS Crypto Chief Trish Turner Steps Down After Just 3 Months появились сначала на Coinstelegram.
Trish Turner has stepped down from her position leading the Internal Revenue Service’s crypto division. This is after approximately three months in the role. The departure is another leadership change for the agency’s cryptocurrency unit. The agency has also experienced…
U.S. Supreme Court decided not to consider a case from Coinbase user against the IRS.
U.S. crypto investors are receiving IRS warning letters at a dramatically higher rate, with CoinLedger reporting a 758% increase over the past 60 days.
US lawmakers are preparing a Congressional Review Act (CRA) that will challenge the Internal Revenue Service’s (IRS) broker rules, which require DeFi participants to report user data to the agency.