Cryptocurrency

US House Advances GENIUS Act, CLARITY Act Crypto Bills

US House Advances GENIUS Act, CLARITY Act Crypto Bills

In a historic move for crypto regulation, the U.S. House of Representatives advanced the GENIUS and CLARITY Acts on Wednesday. Lawmakers pushed both bills forward after a record-breaking 10-hour procedural voting session that tested bipartisan cooperation and stamina. The GENIUS Act aims to boost innovation in blockchain and digital assets by providing clearer legal frameworks US House Advances GENIUS Act, CLARITY Act Crypto Bills

Trish Turner Appointed as Lead of IRS Digital Assets Division

IRS names Trish Turner as Lead of Digital Assets Division

The Internal Revenue Service (IRS) has named Trish Turner as the new head of the Digital Assets division. This appointment comes after the exit of two key crypto-focused executives, Sulolit “Raj” Mukherjee and Seth Wilks, from the agency. Both Wilk and Mukherjee were brought into the Digital Assets division due to their expertise in crypto. Trish Turner Appointed as Lead of IRS Digital Assets Division

US Secretary of Commerce Lutnick Bullish on Bitcoin Future

US Secretary of Commerce Howard Lutnick featured image

U.S. Secretary of Commerce Howard Lutnick voiced strong support for Bitcoin’s future in the American economy this week. In a recent White House interview, Lutnick shared a vision for regulatory clarity and energy independence for Bitcoin miners. He also pushed for Bitcoin’s official recognition in national economic reports. He highlighted new initiatives like the Commerce US Secretary of Commerce Lutnick Bullish on Bitcoin Future

SEC Chair Atkins Vows Clearer Crypto Regulations

SEC Chairman Paul Atkins

Paul Atkins, the new SEC Chair, has promised to introduce clear and fair rules for the cryptocurrency industry. This move signals a departure from the agency’s earlier enforcement-led strategy. “Those involved in this technology deserve clear rules,” Atkins said during his first public comments at the SEC’s crypto roundtable. Atkins criticized the prior administration’s regulatory SEC Chair Atkins Vows Clearer Crypto Regulations