Darren Soto News

30.07 / 00:35

regulation white house Science Job Specialist Chips bill provides for blockchain specialist position in White House science office

The United States House of Representatives passed the Chips and Science Act on Thursday by a vote of 243 to 187. The bill, which was introduced into the Senate over a year ago, provides grants and incentives to the semiconductor industry and encourages research. It also creates a blockchain and cryptocurrency specialist position in the White House Office of Science and Technology Policy (OSTP).

09.09 / 15:39

Blockchain Election community President innovations donates Features Senator Chuck Schumer’s Latest Bipartisan Agenda Sidesteps Crypto

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

31.07 / 20:05

Binance CFTC regulation SEC First major success in US Congress for two crypto bills: Law Decoded

Last week, the United States took a step closer to regulatory clarity for its crypto industry. In a 35–15 vote, the House Financial Services Committee (FSC) approved the Financial Innovation and Technology for the 21st Century Act. The bill is intended to establish rules for crypto firms on when to register with either the Commodity Futures Trading Commission (CFTC) or the Securities and Exchange Commission (SEC).

27.07 / 08:55

Blockchain Provident Digital Waters Framework us house services committee Financial regulatory US House Financial Services Committee Approves First Crypto Regulatory Framework Bill

A key US House Committee on Wednesday passed a bipartisan bill to ensure regulatory clarity for cryptocurrencies.

27.07 / 02:15

Blockchain Law Adoption regulation white house committee Crypto bills pass congressional committee in 'huge win' for US crypto

A key United States House panel has approved a pair of bills that will be key to developing a regulatory framework for cryptocurrencies, reducing regulatory red tape for crypto, and setting clearer rules for the industry.

19.05 / 00:41

Provident Digital SEC CEO lawmakers US lawmakers US Lawmakers Reintroduce Securities Clarity Act Which Coins New Term

US lawmakers introduced a bill on Thursday that aims to clarify how digital assets are labeled, in part through a new term coined an “investment contract asset.”

07.03 / 20:39

Government Law regulation Congress lawmakers US lawmakers US lawmakers planning to reintroduce bill aimed at fixing crypto reporting requirements: Report

A group of United States lawmakers is reportedly planning to reintroduce legislation to change the reporting requirements for certain taxpayers involved in crypto transactions.

15.12 / 06:51

regulation us government FTX Senate Rep. Tom Emmer mulls bringing back bill aimed at reducing crypto red tape

Crypto-friendly Congressman Tom Emmer is considering re-floating a bipartisan bill that would lift the requirement for certain crypto businesses and projects to register as Virtual Asset Service Providers (VASPs) in the wake of the FTX collapse.

29.04 / 05:45

Stablecoin CFTC Congress Bipartisan bill to give CFTC authority over exchanges and stablecoins

A bipartisan group of lawmakers in D.C. introduced an updated bill on April 28 to regulate cryptocurrency developers, dealers, exchanges, and stablecoin providers, bringing them under the regulatory control of the United States Commodity Futures Trading Commission (CFTC).

17.02 / 21:35

ETF SEC Bitcoin Future Sec Chair spot bitcoin bitcoin etfs spot bitcoin ETFs SEC chair hints at no spot Bitcoin ETFs yet, but cites 'careful consideration' for future

Gary Gensler, chair of the U.S. Securities and Exchange Commission, has responded to a letter from lawmakers calling the regulator denying approval of Bitcoin spot exchange-traded funds “unacceptable.”

04.02 / 21:00

Digital Citizens United States: Bill to reduce crypto tax on transactions reintroduced as use cases increase

As the asset class has gone considerably mainstream over the past few years, countries worldwide are struggling with the formation of a clear crypto tax regime, especially as the dynamics and use cases of the industry continue to evolve.

03.02 / 20:51

Government IRS Taxes lawmakers US lawmakers US lawmakers reintroduce bill to stop IRS from taxing crypto transactions under $200

A bill previously introduced by Washington Representative Suzan DelBene aims to exempt crypto users from paying taxes on transactions under $200.

18.11 / 06:41

regulation taxation lawmakers Lawmakers push back on crypto provisions in Infrastructure Bill

Lawmakers from both sides of the aisle are fighting back against changes to tax reporting rules for crypto brokers and transactions over $10,000 in the newly passed Infrastructure Bill.

04.11 / 01:12

Government Blockchain ETF SEC Sec Chair Spot ETFs Congressmen Emmer & Soto to SEC Chair Gensler: We want BTC Spot ETFs

Congressmen Todd Emmer and Darren Soto sent a bipartisan letter to Securities & Exchange Commission Chair Gary Gensler on Wednesday, strongly questioning why the agency has denied approval for the creation of a Bitcoin spot ETF while allowing Bitcoin Futures ETFs to begin trading.

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