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Lawmaker Introduces Defi Bill — Calls Decentralized Finance ‘Essential to Future of Markets’

Lawmaker Introduces Defi Bill — Calls Decentralized Finance ‘Essential to Future of Markets’Congressman Warren Davidson has introduced the Evaluating Defi Opportunities Act to foster data-driven regulations for decentralized finance (defi). He stressed the importance of safeguarding innovation and user privacy while addressing concerns over potential overregulation. This proposed study by key financial regulators seeks to balance defi’s growth with oversight, ensuring the sector’s competitive edge and resilience […]

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Ripple Legal Chief Discusses Potential SEC Appeal After Final Ruling in XRP Case

Ripple Legal Chief Discusses Potential SEC Appeal After Final Ruling in XRP CaseRipple’s chief legal officer has addressed the possibility of an appeal by the U.S. Securities and Exchange Commission (SEC) following the $125 million final judgment in the XRP case. He suggested that if the Biden-Harris administration is committed to resetting its stance on crypto, the securities regulator should not seek to appeal. He noted that […]

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Treasury and IRS Announce Digital Asset Tax Reporting Regulations

Treasury and IRS Announce Digital Asset Tax Reporting RegulationsThe U.S. Department of the Treasury and the IRS have released final regulations for tax reporting on digital asset sales, as part of the Biden-Harris administration’s implementation of the Infrastructure Investment and Jobs Act. Additionally, the Treasury and the IRS revealed that they anticipate issuing further rules later this year to establish reporting requirements for […]

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal