Catenaa, Wednesday, July 02, 2025-A key cryptocurrency tax amendment spearheaded by Sen. Cynthia Lummis, R-Wyo., was left out of President Donald Trump’s sweeping “Big, Beautiful Bill” passed by the Senate on Tuesday. The provision aimed to establish a $300 de minimis tax exemption for crypto transactions and clarify how miners and stakers are taxed. Despite […]
Catenaa, Wednesday, May 28, 2025- The dollar rose sharply Tuesday after President Donald Trump postponed higher tariffs on the European Union, a move that steadied global markets and prompted renewed dollar buying, while the yen slipped amid a sharp fall in Japanese bond yields. With US and UK markets reopening after a Monday holiday, currency […]
Catenaa, Wednesday, June 11, 2025 –Japan’s Senate, the House of Councilors, approved a significant amendment to the Payment Services Act on June 6, loosening regulations for crypto brokerage firms and creating a new legal category called “intermediary businesses.” The move aims to give these firms greater operational freedom while maintaining customer protections. Currently, crypto brokerages […]
Catenaa, Tuesday, January 28, 2025 – The US Senate has confirmed Scott Bessent as Treasury secretary in a 68-29 vote, securing a pivotal role for the pro-crypto advocate in shaping the nation’s economic and regulatory policies. Bessent succeeds Janet Yellen in the position. Bessent, a billionaire hedge fund manager and vocal supporter of cryptocurrency, has […]
Catenaa, Friday, May 23, 2025- Securities and Exchange Commission (SEC) Chair Paul Atkins faced sharp questioning from lawmakers Tuesday over the agency’s paused case against crypto mogul Justin Sun and his reported connections to a meme coin linked to former President Donald Trump. The scrutiny came during a House Appropriations Committee hearing on federal oversight […]
Catenaa, Wednesday, May 21, 2025- The Senate’s long-stalled stablecoin legislation, known as the GENIUS Act, surged back to life Monday evening, clearing a critical procedural vote and setting the stage for a full floor. The bill, which would create a federal framework for issuing stablecoins, passed the 60-vote threshold needed for cloture after several key […]
Catenaa, Wednesday, June 25, 2025- A group of senior Senate Republicans led by Sen. Tim Scott on Tuesday unveiled a comprehensive framework for regulating digital asset markets in the United States, marking the Senate’s most significant push yet to shape crypto legislation. The proposal outlines principles to clarify regulatory jurisdiction between the Securities and Exchange […]
Catenaa, Friday, May 09, 2025-The US Senate voted Thursday to stall progress on a bipartisan bill aimed at regulating stablecoins, as tensions flared over former President Donald Trump’s deepening involvement in cryptocurrency ventures. The bill remains in limbo as lawmakers continue closed-door negotiations. Senators voted in a procedural cloture move that effectively paused the bill. […]
Catenaa, Tuesday, May 06, 2025-The future of a major US. stablecoin bill is uncertain after nine Senate Democrats, including four who had previously supported the measure, reversed their stance just days before a critical vote. The bipartisan GENIUS Act – Guiding and Establishing National Innovation for US Stablecoins -was poised to hit the Senate floor […]
Catenaa, Wednesdy, March 12, 2025-The US Senate Banking Committee is set to vote this week on a bipartisan stablecoin regulation bill, the GENIUS Act, which aims to enhance consumer protection and clarify the regulatory framework for stablecoins.Introduced by Senators Bill Hagerty (R-TN) and Tim Scott (R-SC), the bill includes provisions on reserve requirements, audits, transparency, […]
Catenaa, Tuesday, June 17, 2025-The US Senate is set to vote Tuesday on the GENIUS Act, a major piece of legislation aimed at regulating the fast-growing stablecoin sector, as lawmakers wrestle with concerns over President Donald Trump’s family ties to a leading crypto firm. The Guiding and Establishing National Innovation for US Stablecoins Act advanced […]
Catenaa, Friday, March 28, 2025-The US Senate has voted to repeal a controversial IRS rule on crypto taxation, with President Donald Trump expected to sign the measure, lawmakers said Wednesday. The resolution, introduced by Sen. Ted Cruz, R-Texas, and Rep. Mike Carey, R-Ohio, seeks to roll back reporting requirements imposed on decentralized finance (DeFi) entities. […]
Catenaa, Friday, March 14, 2025-Senator Cynthia Lummis (R-WY) reintroduced the BITCOIN Act on Tuesday, aiming to establish a Strategic Bitcoin Reserve and integrate Bitcoin into U.S. financial strategy. The proposal aligns with President Donald Trump’s recent directive to develop a federal Bitcoin reserve. The “Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act” seeks […]
Catenaa, Friday, March 28, 2025- US senators grilled SEC chair nominee Paul Atkins about his past consulting ties to bankrupt crypto exchange FTX and criticized the agency’s handling of crypto regulation. During a Senate Banking Committee hearing, Chair Tim Scott questioned Atkins about SEC missteps, including the controversial Debt Box case. Sen. Elizabeth Warren pressed […]
Catenaa, Thursday, February 06, 2025 – US lawmakers announced Tuesday the formation of a bipartisan working group to draft regulations for digital assets and stablecoins, aiming to establish a clear federal framework for the crypto industry. Led by key members from Senate and House committees, the group includes Senate Banking Committee Chair Tim Scott (R-S.C.), […]
Catenaa, Tuesday, February 25, 2025-The US Senate Banking Committee, led by Sen. Cynthia Lummis, will hold a hearing tomorrow, Wednesday February 26 to debate bipartisan cryptocurrency legislation, marking a renewed effort to establish clear regulations in the digital asset sector. The session, titled “Exploring Bipartisan Legislative Frameworks for Digital Assets,” will include industry experts, lawmakers […]
Catenaa, Wednesday, March 05, 2025-The US Senate has voted to overturn a controversial tax reporting rule imposed by the Internal Revenue Service (IRS), which required brokers to report gross proceeds from digital asset sales. The resolution, introduced under the Congressional Review Act, passed with strong bipartisan support by a vote of 70-27. Many Republicans rallied […]