A 600-page document proposes changes to the definition of an exchange that could extend to include DeFi protocols.
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America COMPETES Act passes House without ‘disastrous’ provision on crypto
A provision originally included in the bill had critics saying the Treasury Secretary would not have had limits on surveilling crypto firms suspected of illicit
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US lawmakers issue warnings about digital yuan as Winter Olympics kicks off
“Do not accept any digital yuan,” said Minnesota Representative Tom Emmer in a tweet aimed at Team USA athletes competing in China.
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PoS validator turns down IRS tax refund offer, pushes for clear policy on staking taxation
The Tezos validator who took the IRS to court argues that staking rewards should be treated as created property rather than income.
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Law Decoded: Russia flounders, America competes, IMF keeps fuming, Jan. 24–31
Uncertainty about crypto regulation can engender internal disagreement even within seemingly monolithic governments.
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Averted a year ago, controversial transaction monitoring rule is back on Treasury’s radar
The Treasury will consider imposing KYC regulations on transactions involving self-custodied wallets.
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