The American Dream is no longer just a house with a white picket fence. Now? It’s not just a matter of financial literacy, it’s the financial freedom and the building of wealth in a world that is often rigged against you. And that’s where crypto, and more specifically the GENIUS...
Here's the thing about good intentions. Sometimes, like in the case of social risk, you open these unintended consequences when you pave roads. These moves come as Congress begins a new bipartisan push to advance crypto legislation. Needless to say, the BITCOIN Act and the GENIUS Act are causing a...
It’s time for Congress to move at lightning speed. She’s hoping they will clear the crypto market structure bill before the end of the year. Lummis joined with fellow Senator Tim Scott to push brand new legislation. Their stated aim is to provide more certainty as to whether digital assets...
Cryptocurrency is at an exciting yet precarious inflection point. U.S. legislators are racing to develop a set of wide-reaching rules. Wyoming Senator Cynthia Lummis has been at the forefront of advancing this type of foundational crypto legislation. She has fought hard to pass it, looking to see it passed before...
The crypto world is bracing for a potential shakeup as Congress considers the GENIUS Act, a bill aimed at regulating stablecoins. Stablecoins are a form of cryptocurrency that aims to maintain a stable value against a known asset, like the U.S. dollar. Their popularity is skyrocketing in the burgeoning digital...
Congress has successfully overturned the Biden administration's digital asset reporting rule, signaling a notable shift in Washington’s approach to cryptocurrency regulation. This judicial action exhibits what many in our movement know to be true: the growing clout of the cryptocurrency industry to influence public policy. Then, in December 2024, regulators...
DeFi's shackles are off. The recent bipartisan repeal of the digital asset reporting obligations for DeFi brokers, embedded within the Infrastructure Investment and Jobs Act (IIJA), isn't just a minor tweak. It's a seismic shift. It’s analogous to taking the governor off of a really amazing high-performance engine and just...
The space of decentralized finance (DeFi) has undergone an exciting reformation just a few months ago. Congress has done a great job in repealing IRS crypto reporting requirements aimed directly at DeFi platforms. As you might expect, this decision has sent shockwaves across the crypto community. It has fueled an...
The shackles are off. Innovation wins. And frankly, about time. Congress’s repeal of those suffocating tax reporting requirements for noncustodial DeFi brokers isn't just a policy change. It's a declaration of independence for the decentralized finance movement. In deed, this is a truly bold move which saves the DeFi.Innovation Thrives...
The decentralized finance (DeFi) space is moving at lightning speed, and so is the regulatory environment surrounding it. BlockTraderHub.com is your essential source to stay ahead of the curve with real-time intelligence on how these changes affect you. Recently, Congress made a significant move by repealing certain crypto reporting rules,...
