U.S. House panel shares crypto tax bill ahead of hearing later this week
The House Ways and Means Committee published a crypto tax bill addressing de minimis transactions, staking and other issues for which the industry's clamored…
Bitcoin slips to $77,800 as Senate Clarity Act vote nears and oil prices climb
Bitcoin pulls back from $79,000 as the Senate prepares to vote on the Clarity Act and oil prices rise. Source:CoinDesk
Even if Clarity fails, Wall Street’s crypto push is unlikely to stop
The Clarity Act could give banks, brokers and asset managers a clearer rulebook, but financial firms have already moved far enough into digital assets that…
SEC's Atkins backs Clarity Act but says agency will keep pushing crypto rules without it
The SEC chair said crypto issuance, transfer agent modernization and custody will form the backbone of the agency’s regulatory push. Source:CoinDesk
U.S. Senator Lummis says Democrats won't quit asking for more on crypto Clarity Act
One of the top crypto market structure negotiators in Washington says she's run out of gas on new revisions for the bill she's worked on for more than five…
The murky AI milestone that has some of the industry’s leading voices increasingly on edge
Anthropic CEO Dario Amodei and others are warning that AI models may be able to build on themselves, without the help of humans. It’s a concept known as…
The oil market is sending an increasingly loud warning about gas prices at the pump
Oil buyers are paying much more to get a barrel of crude oil immediately as the Iran conflict threatens global supplies. Source:MarketWatch
Chip stocks were a safe AI play. Now they’ve turned into the market’s pain trade.
A slowdown in the pace of AI development wouldn’t necessary dent spending, but there are other reasons semiconductor investors may want to take a measured…
Robinhood plans share redemptions, voting rights for stock tokens, after criticism
CEO Vlad Tenev said more shareholder features are coming as Robinhood’s offshore stock tokens draw scrutiny over ownership rights. Source:CoinDesk
The 10 most overvalued housing markets in America
As home prices remain near record highs, about 81% of housing markets in America are overvalued, a new ratingsagency report says, with the Northeast leading…
Saudi Arabia may be just days away from not being able to export much oil
The oil exporting kingdom is now dealing with the shutdown of its EastWest pipeline. Energy prices ‘are only going to rise on the back of this.’…
UK regulators to develop tokenization roadmap after industry feedback
The FCA received 123 responses to its wholesale tokenization consultation, with most respondents identifying posttrade processes as the main opportunity for…