Washington’s favourite dance, the pork barrel fandango, includes crypto as reconciliation (I never understood this) means more stuffing into a bill than less… Anyway, Trump’s Big Beautiful Bill In Overtime As Senators Jam Crypto Clauses (Cointelegraph). Republican Senator Cynthia Lummis has suggested an amendment she claims will end “unfair tax treatment” of crypto to “ensure Americans can use digital assets without fear of tax violations.” Senator Lummis Seeks To Waive US Taxes On Small-Scale Crypto Activity In Budget Bill (CoinDesk).
Also in tax, Trump Admin Beats Coinbase, Privacy Advocates In Supreme Court IRS Showdown (Decrypt) / US Supreme Court Will Not Review IRS Case Involving Coinbase User Data (Cointelegraph).
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