| Mobile Web

Search results for CLARITY bill

Crypto

Blockchain Association urges U.S. Congress to overhaul crypto tax rules

The Blockchain Association urged U.S. lawmakers to overhaul digital asset tax rules, calling for exemptions for small transactions and for stablecoins to be treated as cash for tax purposes. It also sought taxation of mining and staking rewards when they are sold, and limits on broker reporting duties to intermediaries that custody or control customer assets. The group did not endorse specific legislation and said it would continue discussions as bills move forward.

Crypto

Blockchain.com says \'crypto spring\' has arrived as institutions dominate market and options trading expands

Blockchain.com has launched options trading, and its co-CEO Lane Kasselman (레인 카셀먼) said the cryptocurrency market has entered an institution-led \"crypto spring\" phase. He pointed to shifting U.S. political and regulatory conditions ahead of midterm elections and growing bipartisan support for digital assets. He also cited ongoing rulemaking by the SEC and CFTC, state money-transmitter licensing as a hurdle, and differing wallet preferences by country. He also discussed tokenisation and potential AI-agent payments in stablecoins or bitcoin.

Crypto

Billionaire Kevin O\'Leary says stablecoins are safest cryptocurrency

Billionaire investor Kevin O\'Leary said stablecoins are the safest assets in the cryptocurrency market, citing a U.S. regulatory framework for payment stablecoins. He said stablecoins are designed to be relatively stable but are not risk-free, with safety varying by reserve quality, issuer credibility and redemption terms. O\'Leary described Bitcoin as speculative and still facing legal uncertainty, and said blockchain tokens such as Ethereum should be assessed by real-world adoption.