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A bipartisan group of U.S. lawmakers is convening a closed-door session to push crypto tax reform forward, with new legislation on the table that could reshape how digital asset holders pay taxes on staking, trading, and everyday payments. PARITY Act Would Defer Staking Taxes The House Ways and Means Committee is set to hold a … Read more
Patrick Witt, executive director of the President’s Council of Advisors for Digital Assets, told attendees at Bitcoin 2026 that the White House will make a “big announcement” on the U.S. Strategic Bitcoin Reserve within the coming weeks. Key Takeaways: White House crypto adviser Patrick Witt said news on the Strategic Bitcoin Reserve, covering its operations … Read more
Yield-bearing stablecoins are intensifying pressure on traditional banking by raising concerns over deposit outflows and lending capacity, as policymakers and industry groups clash over how to balance financial stability with innovation in a rapidly evolving digital asset market. Key Takeaways: American Bankers Association warns stablecoin growth to $2 trillion could drive deposit outflows. White House … Read more
White House analysis shows stablecoin yield restrictions deliver minimal lending gains, with banking liquidity largely preserved through reserve recycling, challenging core policy assumptions behind proposed legislation. Key Takeaways: White House analysis finds stablecoin yield ban lifts lending by only 0.02%, indicating limited real-world impact. Analysis shows only about 12% of reserves could be constrained under … Read more
UFC and Crypto.com announced this week that the cryptocurrency platform will co-present UFC Freedom 250, a historic mixed martial arts card scheduled for June 14 on the grounds of the White House to mark the 250th anniversary of the United States. Key Takeaways: UFC and Crypto.com will hold Freedom 250 at the White House on … Read more
President-elect Trump promised the establishment of a strategic Bitcoin ‘stockpile’ during the Bitcoin 2024 event in Nashville Tennessee. Go to Source
The role would be the first-ever crypto-specific White House role and may report directly to Trump, Bloomberg reported. Go to Source
According to Polymarket’s post on the social platform X, former President Donald Trump is nearing his largest lead since Vice President Kamala Harris joined the race. As of 12:11 p.m. EDT, Trump is in front with a 53% chance, while Harris follows closely with 46.4%. Trump Grabs Strong Lead Over Harris in Presidential Race, Polymarket … Read more
According to a Goldman Sachs report, the demand for electrical power in the United States will grow approximately 2.4% by 2030. Go to Source
Senior White House officials have reportedly engaged with cryptocurrency leaders to discuss industry concerns, facilitated by Representative Ro Khanna. This initiative continues the Biden-Harris administration’s efforts to engage with the crypto sector. Additionally, the Democrats have launched a “Crypto for Harris” initiative to help Vice President Kamala Harris gain support from the cryptocurrency community. Biden-Harris … Read more