Tag: crypto bill
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US Senate to vote on advancing landmark crypto bill
Sept 15 : The U.S. Senate is set to vote on Tuesday on whether to advance once-in-a-generation cryptocurrency legislation, potentially determining the fate of the bill as Republican Senate leaders grapple with a limited calendar in a busy election year.The bill, dubbed the Clarity Act, would create a regulat
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US Senate Republicans release new crypto bill text ahead of critical vote
WASHINGTON, Sept 14 : U.S. Senate Republicans on Monday released a revised draft of major cryptocurrency legislation which they said addressed Democrats’ concerns over ethics provisions, as well as banking industry concerns that the bill could hurt lending, ahead of a key vote on Tuesday. The Clarity Act, whi
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Senate Republicans’ new crypto bill text adds new ethics language
WASHINGTON, Sept 14 : U.S. Senate Republicans released a revised draft of major cryptocurrency legislation on Monday that includes new ethics language approved by President Donald Trump, senators said in a statement. Here are the details: • The final text of the Clarity Act includes new ethics la
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Trump calls for Congress to pass crypto bill at White House event
Aug 19 : U.S. President Donald Trump on Wednesday called on Congress to pass a bill that would bring clearer definitions to the growing cryptocurrency sector, a top priority for industry executives who had gathered for an event at the White House with the president. Trump, who has earned more than $1.4 billio
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US Senate advances landmark crypto bill before heading on August recess
WASHINGTON, Aug 8 : U.S. Senate Majority Leader John Thune moved on Saturday to advance a major bill that would create a regulatory framework for cryptocurrencies which, if passed, would mark a huge victory for U.S. President Donald Trump and the crypto industry.Thune, a Republican, early Saturday morning fil
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Trump could net big tax windfall in crypto bill divestiture plan, Bloomberg News reports
Aug 6 : The bipartisan ethics proposal senators have pitched to President Donald Trump to get landmark crypto legislation over the line in Congress could trigger a significant tax benefit for the president, Bloomberg News reported on Thursday.The benefit will include the ability to defer capital gains levies
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