The U.S. House narrowly advanced landmark cryptocurrency legislation Wednesday, including a stablecoin regulatory framework and market structure rules, after a controversial procedural vote. By a 215-211 vote, the House agreed to move forward with the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, which creates federal oversight for stablecoin issuers and could reach […]
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$3B in Revenue Lost as Brazil Defeats Lula-Sponsored Crypto Tax Measure
The Provisional Measure that terminated tax exemptions for small crypto holders was defeated in Congress, being withdrawn from the discussion...