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Crypto Tax Loopholes Closing? A Look Inside 'Bitcoin Senator' Lummis' New Bill
Thursday, July 3, 2025 - 1:29pm | 501Senator Cynthia Lummis (R-WY) has introduced a sweeping digital asset tax reform bill aimed at modernizing how cryptocurrencies are taxed in the United States, renewing her efforts to ease regulatory burdens on digital asset users. What Happened: The legislation, unveiled on July 3, proposes to...
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Donald Trump To Establish A National Bitcoin Reserve? Pros Vs Cons Compared
Wednesday, November 27, 2024 - 1:40pm | 865President-elect Donald Trump is considering a proposal to establish a national Bitcoin reserve, a move that could intertwine cryptocurrency with U.S. fiscal strategy. What Happened: Cryptocurrency executives are rallying behind the idea, advocating for the U.S. government to acquire billions of...
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Senator Schumer Drives Moral Imperative In Marijuana Banking Bill Amidst GOP Uncertainty
Thursday, November 2, 2023 - 4:36pm | 708Senate Majority Leader Chuck Schumer (D-NY) is actively pursuing a bipartisan marijuana banking bill and intends to incorporate "criminal justice provisions" into it. In a letter addressed to Todd Harrison, an investor in the cannabis industry, Schumer expressed his plan to integrate...
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Crypto-Friendly Congress Member Cynthia Lummis Is Getting Big Donations From These Companies
Tuesday, July 19, 2022 - 12:46pm | 496A member of the U.S. Congress who has been bullish and outspoken on cryptocurrencies like Bitcoin (CRYPTO: BTC) is attracting large donations from cryptocurrency companies. What Happened: Executives of cryptocurrency companies and venture capitalists in the space beefed up donations to Cynthia...