News with the tag "US Senate"

BitcoinWorld AI Regulation: US Senate Delivers Landmark Victory by Stripping Controversial AI Moratorium The intersection of artificial intelligence and policy decisions often has ripple effects across various sectors, including the fast-evolving world of cryptocurrency. A recent pivotal development...

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...

Trump’s “big, beautiful bill” passed the Senate, but without any provisions related to the crypto industry. Trump’s budget bill passed the Senate, but the crypto industry has little to celebrate. On Tuesday, June 1, the U.S. Senate passed the sweeping budget bill, with a razor-thin margin. Yet, desp...

U.S. Senator Cynthia Lummis is seeking to slip a significant crypto tax measure into the massive budget bill that backs much of President Donald Trump's agenda, trying to reduce tax consequences stemming from fundamental cryptocurrency activities. Lummis sought on Monday to insert language into Cong...