2025-3-27 14:00 |
U. S. Congress votes to repeal DeFi Broker Rule, awaiting Trump’s final approval. Critics warned that repeal might create tax loopholes; the crypto market reacted with mixed sentiment. origin »
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The US Senate has voted to repeal an IRS rule targeting decentralized finance (DeFi) platforms, with President Trump likely to sign the bill into law soon, marking a key moment for the crypto industry.
2025-3-27 08:24 | |
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The House and Senate voted to repeal the IRS DeFi Broker Rule. The repeal would reduce compliance burdens and boost innovation in decentralized finance. After S. J. Res. 3—a resolution to oveThe post U.
2025-3-13 01:00 | |
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A controversial tax rule proposed by the U. S. Internal Revenue Service, requiring decentralized finance brokers to report crypto transactions, could be overturned as lawmakers have pushed to repeal it.
2025-2-28 11:11 | |
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Key Takeaways: SEC cancels SAB 121, a rule that made custodied crypto liabilities of companies be recorded. The repeal was a success for the crypto industry and banks, which argued The post SEC Cancels Controversial Crypto Accounting Rule SAB 121 appeared first on CryptoNinjas.
2025-2-4 09:38 | |
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The repeal of SAB 121 may boost crypto adoption by reducing financial barriers for banks, potentially expanding digital asset services. The post SEC scraps SAB 121 rule, easing crypto custody accounting for banks appeared first on Crypto Briefing.
2025-1-24 07:41 | |
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Republican lawmakers have strongly requested that the U.S. Securities and Exchange Commission repeal a controversial rule for banks that deal with crypto. Yesterday, Sept. 23, a group of more than 40 members of Congress sent signed letters to the heads of…
2024-9-25 01:31 | |
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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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Grayscale GBTC generated more annual revenues than all other U.S. spot BTC ETFs combined. However, GBTC’s BTC has dropped about 70% since its ETF conversion in January 2024. Despite beThe post Bitcoin ETFs: Grayscale’s GBTC is dominating this front - How? appeared first on AMBCrypto.
Bitcoin’s cost basis shows the possibility for a market rally with a new all-time high close if momentum is maintained. A fractal pattern and accumulation of Bitcoin could influence the assetThe post Can Bitcoin hit $131K in October? - THIS 4-year cycle says yes: Here's why appeared first on AMBCrypto.
BTC climbed 11.75% over the past week, reflecting strong bullish momentum. Bitcoin maintained strong upward momentum; however, flipping $96,000 remained crucial for a potential rally. Over tThe post Bitcoin eyes $100K—Could it be closer than we expect? appeared first on AMBCrypto.
Bitcoin’s continued outflows from Coinbase show institutional interest despite recent price declines. Decreased derivatives volume signals cautious sentiment, potentially limiting short-term The post 106K Bitcoin outflows raise questions: Is BTC's price shift imminent? appeared first on AMBCrypto.
Bitcoin surged over 25% as $1. 4B in ETF inflows signal rising institutional demand. BTC decoupled from risk assets, emerging as a safe haven amid strong ETF-driven momentum. Bitcoin [BTC] isThe post Bitcoin ETFs see record $1.
Bitcoin’s MVRV ratio nears a critical breakout as leverage across futures markets surges rapidly. A decisive move above $95,783 could unlock rapid upside, but heavy liquidations still threateThe post Will Bitcoin surge higher? - $95K resistance holds the answer! appeared first on AMBCrypto.
Massive Bitcoin outflows, rising whale transactions, and active addresses pointed to growing volatility. Strong holder profitability and rising Open Interest could fuel a sharp correction beforThe post Bitcoin's 27K outflows signal risk! – Examining odds of a possible correction appeared first on AMBCrypto.