US Senate passes Trump’s budget bill without provision on crypto taxes

Wyoming Senator Cynthia Lummis had proposed that the legislation address double taxation for cryptocurrency miners and stakers.
Wyoming Senator Cynthia Lummis had proposed that the legislation address double taxation for cryptocurrency miners and stakers.
New York Attorney General Letitia James sounded the alarm on the U.S. Senate’s stablecoin bill, warning Congress on Monday that the Guiding and Establishing National Innovation for U.S. Stablecoins of 2025 (GENIUS) Act — at least as it currently stands — “do[es]
With the U.S. Senate’s passage of the bill meant to carry forward the bulk of President Donald Trump’s policy agenda, last-minute changes to the “One Big Beautiful Bill” didn’t include a proposal to clarify and ease crypto taxation. Though Senator Cynthia Lummis
Are you ready for Q-Day? Do you even know what Q-Day is? If you don’t, you’re sleepwalking into a digital apocalypse that’s not coming—it’s already here. Q-Day isn’t some distant theoretical event. It’s the moment quantum computing shatters every lock, breaks every
Litecoin (LTC) has traded sideways over the last 24-hours, after coming down from a two-week high above the $88 mark. The token has been bouncing between $85 and $87 in today’s trading session, underlining a tug-of-war between dip-buyers and sellers who treat
Mastercard is deepening its push into crypto with plans to hire two senior leaders focused on digital assets and blockchain. The payments giant is recruiting for a Vice President, Head of Digital Assets Ecosystem Growth, and a Vice President, Head of Financial
AI-focused NEAR token is down by 2% on Tuesday to reflect broader altcoin market weakness and a negative response to a governance proposal by trading firm DWF Labs. DWF proposed to cut NEAR’s inflation from 5% to 2.5%. While this might have
Global trade tensions and shifting monetary policies continue to influence cryptocurrency markets, with ATOM showing notable volatility in recent trading. During the 24-hour period from 30 June 15:00 to 1 July 14:00, ATOM-USD traded within a 5.1% range, facing consistent selling pressure
Pakistan’s crypto czar, Bilal Bin Saqib, isn’t content letting the nation’s Bitcoin stash sit idle — he wants it generating returns.
Bitcoin’s BTC offshoot bitcoin cash BCH chalked out impressive gains in the past 24 hours, bucking the weakness in BTC and the broader market. BCH has gained over 5% from $491.25 to $516 in 24 hours, with trading volume tripling at one