Blockchain Association urges House Ways and Means Committee to pass Tax Clarity for Mining and Staking Act

The U.S. Department of Justice has rejected warnings from four major law enforcement organizations, arguing that the CLARITY Act would not weaken criminal investigations and that claims about enforcement loopholes are factually incorrect. According to the Blockchain Association, a DOJ…

The Blockchain Association brought member executives to Capitol Hill this week, reporting meetings with more than half the Senate as it presses lawmakers to preserve the BRCA developer-protection provision of the CLARITY Act before an August recess deadline.

Financial institutions must choose between proprietary systems or embracing open blockchain technologies for future growth. The post Carlos Domingo: The DTCC is repeating telecom’s mistakes, banks need the Clarity Act more than crypto, and stablecoins set the benchmark for tokenized assets | The Wolf Of All Streets appeared first on Crypto Briefing.

Kristin Smith, President of the Solana Policy Institute and CEO at the Blockchain Association, urged the US Senate to pass the anticipated CLARITY Act on Tuesday, while emphasizing four specific priorities she said must be addressed before the bill receives a full vote.  Protect Developers, Target Bad Actors Speaking on social media site X (formerly […]

Democrats' cautious stance on crypto tax reforms may delay regulatory clarity, impacting industry growth and investor confidence in the sector. The post House Ways and Means Committee Democrats skeptical on crypto tax legislation appeared first on Crypto Briefing.

The hearing could lead to significant crypto tax reforms, impacting everyday transactions and aligning U.S. policy with global standards. The post House Ways and Means Committee holds hearing on digital asset tax bill appeared first on Crypto Briefing.

U.S. lawmakers have reopened debate on digital asset taxation through seven separate crypto tax proposals while Senate negotiators continue work on the CLARITY Act ahead of a possible floor vote before August. According to the House Ways and Means Committee,…

The proposed crypto tax reforms could significantly ease compliance burdens, fostering broader adoption and reshaping digital asset economics. The post House Ways and Means Committee circulates seven digital asset tax bills ahead of June 9 hearing appeared first on Crypto Briefing.