US Senate discussions over President Donald Trump’s mega tax and spending bill could go all night as senators look to tack on amendments, including some that would affect crypto. The Senate’s vote-a-rama — where lawmakers can propose amendments that are rapidly voted on — for the Republicans’ One Big Beautiful Bill Act has been going on…
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Michael Saylor has again hinted that Strategy would buy more Bitcoin, though the company formerly known as MicroStrategy and its top brass were hit with an investor lawsuit over its $5.9 billion first-quarter loss on its Bitcoin holdings. Saylor posted a chart showing Strategy’s past Bitcoin (BTC) purchases to X on Sunday with the caption:…
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Ohio’s House of Representatives has passed a bill that would give a raft of protections for crypto and exempt crypto transactions below $200 from capital gain taxes. State House lawmakers voted 70-26 on Wednesday to pass House Bill 116, titled the Ohio Blockchain Basics Act, which will now head to the state’s Senate before it…
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Gemini Trust claims it was a “selfish desire” by the Commodity Futures Trading Commission’s litigators to advance their careers that allowed “dubious” charges to be brought against the crypto exchange in 2022. In a letter on Friday to CFTC Inspector General Christopher Skinner, Gemini alleged the agency’s Division of Enforcement lawyers relied on a dodgy…
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Public companies buying up Bitcoin should consider sunsetting the tactic altogether if their stock prices drastically drop, according to a VanEck executive who warns that a major Bitcoin-scooping firm is close to being caught out. “As some of these companies raise capital through large at-the-market (ATM) programs to buy BTC, a risk is emerging: If…
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Pakistan has secured another big name to support its crypto pivot after Strategy executive chair Michael Saylor met with the country’s Ministry of Finance to laud its crypto efforts. Saylor met with Pakistan Finance Minister Muhammad Aurangzeb and the country’s State minister on blockchain and crypto, Bilal Bin Saqib, on Sunday and discussed how Bitcoin…
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US crypto-linked stocks rose alongside Bitcoin to close the Monday trading day at a gain as more publicly traded firms added the asset to their treasuries. The country’s four biggest crypto miners and some of its major crypto firms all closed at slight gains on June 10, extending gains after-hours. Nasdaq newcomer and stablecoin issuer…
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The Pacific US territory of the Northern Mariana Islands has passed a bill allowing its small constituent island of Tinian to launch a stablecoin, overriding an earlier veto by the territory’s governor. The 20-member Northern Mariana Islands House voted 14-2 to undo Governor Arnold Palacios’ April 11 veto of the bill, which allows the Tinian…
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US federal prosecutors are pressing ahead with their case against Tornado Cash founder Roman Storm, but will drop a small part of their indictment after the Department of Justice rolled back its crypto enforcement last month. Jay Clayton, the acting US Attorney for Manhattan, told federal court judge Katherine Polk Failla in a May 15…
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The US Senate could pass a key bipartisan stablecoin bill as soon as next week after removing language targeting President Donald Trump and his family’s sprawling crypto interests. Republican Senator Cynthia Lummis said onstage at an event by Coinbase’s lobbying arm, Stand With Crypto, that she thinks it’s a “fair target” to have the Guiding…
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