Senators Call for Light Guardrails in Crypto Market Debate

A recent Senate Banking Committee hearing focused on shaping rules for digital asset markets. Senators discussed how to define tokens, assign regulatory roles, and limit conflicts of interest. Republican members emphasized minimal restrictions, while Democrats raised concerns about oversight gaps.…

Senators Call on IRS to Expedite Measures Against Crypto Tax Evasion

In a bid to enhance tax compliance in the cryptocurrency landscape, a group of senators, spearheaded by Democrat Elizabeth Warren and Independent Angus King, is urging US tax officials to expedite the implementation of regulations. These regulations would require crypto…