Crypto Transactions Under $50 May Soon be Exempt From Capital Gains Tax
By / July 26, 2022, 5:01 pm EDT

Users will not have to pay capital gains taxes when the asset appreciates less than $50 for personal transactions

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US Senator Proposes Looser Stablecoin Regulation
By / April 6, 2022, 4:01 pm EDT

Sen. Pat Toomey’s draft bill goes against stablecoin policy recommendations from the President’s Working Group on Financial Markets

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Congressional Action on Stablecoins Could Come as Soon as This Month, Source Says
By / March 8, 2022, 3:00 pm EST

The ongoing conflict in Ukraine could impede progress on the bills

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China Debuts Digital Yuan at Winter Olympics Amid Warnings From US Senator
By / February 7, 2022, 5:15 am EST

The eCNY, or digital yuan, can be used to make purchases within the Olympic Village

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Fed Chair Powell: CBDC and Stablecoins Can Coexist
By / January 11, 2022, 3:46 pm EST

Markets rallied on the news but their overall future remains in limbo with inflation running hot and rate hikes on the horizon

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Powell: We Can Retire the Term ‘Transitory Inflation’
By / November 30, 2021, 12:29 pm EST

The Federal Reserve is considering whether to wrap up the taper of asset purchases months sooner than previously planned.

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US Crypto Tax Crackdown in Congress’ Crosshairs
By / August 6, 2021, 1:01 pm EDT

The White House comes out in support of the original provision which requires digital asset brokers to disclose investors’ gains earned from cryptocurrency. Senate to vote as early as Saturday, August 7.

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