BITPRISMIA
A New York State Assembly Democrat has proposed Assembly Bill 8966, which seeks to impose a 0.2% excise tax on the sale and transfer of digital assets and NFTs, potentially setting a precedent for crypto taxation.
Wall Street bankers and consumer advocates are calling for revisions to the GENIUS Act, a stablecoin law, arguing it bypasses state licensing and oversight, with broader crypto market regulation still pending.
French MPs propose using surplus nuclear energy to mine Bitcoin, citing it as a secure and profitable solution, with similar initiatives already underway in other countries.
Andreessen Horowitz (a16z) advocates for clearer digital asset regulation, particularly opposing the ambiguous 'ancillary asset' definition in the CLARITY Act and supporting a 'digital commodity' framework for better investor protection and innovation.
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U.S. Senator Cynthia Lummis has introduced a bill to include cryptocurrency as part of a borrower's financial standing for home loans, potentially revolutionizing crypto mortgages and integrating digital assets into mainstream finance.
A survey of South Korean investors reveals that progress on U.S. crypto legislation is the primary driver behind the recent XRP rally, with 34% of respondents citing it as the key factor.
South Korea is advancing legislation for Security Token Offerings (STOs) and a won-pegged stablecoin, led by lawmaker Min Byeong-dug, to create a regulated digital asset framework and enhance the country's digital economy.