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Senator Lummis Unveils Bill To Clarify Cryptocurrency Tax Obligations

Senator Cynthia Lummis has introduced a digital asset tax legislation to rewrite unfair digital asset tax obligations in the US.
Lummis’s new bill ultimately aims to promote innovation in the US by unburdening digital asset users from archaic tax policies.
As America aims to become the global
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US Senator Lummis Calls For Removal Of Double Taxation In Bitcoin And Crypto

Senator Cynthia Lummis continues to push for legislation to address the double taxation on Bitcoin miners and crypto stakers.
Proposals for the integration of a provision addressing the issue failed to get incorporated into the “One Big Beautiful Bill Act.”
Despite the setback, the rumor mill is
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Rule Of Law On Trial: Ripple Vs. Custodia In The Fed Master Account Showdown

Ripple recently announced its application for a Federal Reserve Master Account, an account that allows access to the Central Bank’s payment systems.
Custodia Bank’s application for the same account was denied in 2023.
Many consider a potential approval of Ripple’s application before Custodia Bank
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ECB Proceeds With Two-Pronged Approach For CBDC, Launch Set Before End Of 2026

The ECB plans to launch a Digital Euro CBDC by the end of 2026, focusing on a wholesale version for institutional transactions while encouraging public input on its implementation amid global interest in CBDCs.
ai-iconThe abstract is generated by AI
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Getting The Facts Straight: Did Ripple CEO Brad Garlinghouse Confirm An American Express Partnership This 2025?

The ongoing upgrades in American Express are generating speculations that it may be working in secret with Ripple to integrate blockchain into its cross-border payments network.
Ripple and American Express announced a partnership for that exact purpose in 2017.
The crypto social media circle is b
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Understanding crypto wallets: what they are and how they work

As the world of digital assets grows, understanding the role of a crypto wallet becomes essential for anyone interested in buying, selling, trading, or swapping crypto. These wallets do far more than simply “hold coins”—they offer robust features focused on crypto wallet security,
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Ripple Ends Appeal To Focus On Building Internet Of Value Via XRP Ledger

Ripple said it would comply with the District Court’s ruling and abandon its appeal to focus on building Internet of Value through XRP Ledger.
A survey revealed that almost 74% favored Ripple dropping its appeal in the SEC case.
Judge Analisa Torres of the Second District Court of New York
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Financial Advisor Recommends Holding 10%-40% Crypto In Portfolio

Financial advisor and author Ric Edelman recommended investors to allocate at least 10% to 40% in crypto to their portfolio.
He explained that regulatory progress has significantly contributed to the viability
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Has The Bitcoin Supercycle Already Begun? – The End Of The Classic Four-Year Cycles

Since Bitcoin was introduced, the market has been characterized by a regularly recurring four-year cycle – fueled by the so-called “halving,” in which the reward for mining new Bitcoins is halved. These cycles were relatively predictable: a sharp price increase was usually followed by a long
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When Is XRP Price Breaking Out Beyond The $3.38 ATH?

A technical analyst confirmed that XRP could emulate its 2017-2018 rally to a record-high price by July or September this year.
Bitcoin (BTC) has been experiencing a series of new all-time highs (ATHs) since November last year. Despite its price riding on this development, XRP has come up a few ce
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Nano Labs To Acquire BNB With $500M Convertible Notes Offering

Nano Labs announced a $500 million convertible notes offering to fund its acquisition of 5-10% of BNB's circulating supply. The plan aims to build a cryptocurrency treasury reserve, with shares rising over 180% on the news.
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Major Shift In Fed Policy: No More Reputation Risk In Bank Regulation

The US Federal Reserve Board has eliminated Reputational Risk from its supervision criteria for banks, marking a monumental win over debanking.
The Fed’s recent activities signal a more progressive approach towards banking regulation that promotes crypto and financial innovation
On Monday, the Fe
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Metaplanet Loads Up 1,111 Bitcoin Last Week For $118.2M

Metaplanet has purchased an additional 1,111 Bitcoin for $118.2 million, raising its total to 11,111 BTC. This acquisition positions it eighth among publicly traded Bitcoin holders and aligns with its goal of reaching 210,000 BTC by 2027.
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Is The Four-Year Bitcoin Cycle Coming To An End?

Bitcoin has been notorious for over a decade for its sharp price fluctuations and associated four-year cycles. These cycles were characterized by halvings, parabolic price rises, and subsequent massive corrections. However, there are now growing signs that this rhythm is changing – not by chance,
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