News with the tag "Legislation"

BitcoinWorld US Crypto Legislation: Crucial House Votes Set for Pivotal ‘Crypto Week’ Get ready, crypto enthusiasts! The U.S. House of Representatives is gearing up for a truly pivotal moment, dedicating the week of July 14 to what’s being dubbed ‘ Crypto Week ‘. This isn’t just another series of de...

BitcoinWorld Trump Bill: Historic ‘One Big Beautiful Bill Act’ Poised for Signature The halls of Washington D.C. have been buzzing, and now the gavel has fallen on a monumental piece of legislation. The U.S. House of Representatives recently passed what’s being dubbed the “One Big Beautiful Bill Act...

Tax proposals meant to reduce burdens among crypto users, including one that would waive capital-gains calculations for small-scale transactions, didn't make it into President Donald Trump's marquee budget bill but are now being pursued as standalone legislation in the U.S. Senate. Senator Cynthia L...

Arizona has vetoed bill HB 2324 to create Bitcoin Reserve funded by criminal forfeiture, marking the third time the state has blocked a digital asset reserve proposal. In a veto letter to House Speaker Steve Montenegro, Arizona Governor Katie Hobbs has blocked House Bill 2324, which aimed to establi...

BitcoinWorld Cryptocurrency Tax Relief: US Senate Budget Bill Skips Crypto Provisions Are you a cryptocurrency enthusiast keeping a close eye on legislative developments in the United States? If so, you’re likely to find the latest news from the US Senate a significant moment. In a move that has man...

As Republicans rush to pass President Donald Trump’s “One Big Beautiful Bill” budget plan, a timely initiative is emerging in Congress that puts cryptocurrency in the spotlight once more. Lawmakers are seeking to attach amendments aimed at providing significant advantages for cryptocurrency investor...

BitcoinWorld Crypto Tax Break: Crucial Relief on the Horizon with Lummis’s Bold Bill Are you tired of navigating the complexities of crypto taxes for every small transaction? Imagine a world where buying a coffee with Bitcoin or making a minor NFT trade doesn’t trigger a tax nightmare. Well, that wo...