The U.S. House of Representatives is working on a draft cryptocurrency tax bill called the Digital Asset PARITY Act, which would exempt stablecoin transactions under $200 from capital gains tax, with a five-year tax-deferred option for staking and mining rewards.
Arkham officials posted on the X platform that the US government transferred another $7,500,000 in cryptocurrency this morning. The US government transferred $300,000 in NEXO, $3,000,000 in WETH, and $4,200,000 in TRX in the past 24 hours. Of these, NEXO and TRX were confiscated from Alameda between 2022 and 2024, while WETH was confiscated from Bitfinex hacker Ilya Lichstan between 2022 and 2024.
According to Cointelegraph, Tim Scott, chairperson of the US Senate Banking Committee, said that the crypto market structure bill is planned to be flagged in December, with the goal of sending it to President Trump for signature in early 2026 to make the United States the "cryptocurrency capital of the world". The bill aims to clarify the crypto regulatory powers of the CFTC and SEC.
According to Onchain Lens, the US government has transferred more seized FTX-Alameda assets. In the past 3 hours, they have transferred: • 47,063 TRX worth $13,770; • 39,396 BUSD; • 8,686 REPV2s worth $12,770.
According to crypto journalist Eleanor Terrett, citing sources, John Boozman (R-Arkansas), chairperson of the U.S. Senate Agriculture Committee, said in an interview with Bloomberg that his committee is planning to move forward with the markup of the Digital Asset Market Structure Act in early December. Boozman pointed out that due to the impact of the government shutdown, the progress has been slightly delayed, but "the committee is still committed to complete the progress in early December".
The U.S. Senate has taken a key step toward reopening the government after a group of moderate U.S. Democrats broke party lines and voted in favor of a deal to end the record-breaking government shutdown. On Sunday night local time, the Senate passed a procedural motion by a vote of 60 to 40 to advance the bill. The Senate has not yet scheduled a final vote. The House of Representatives also needs to approve the package before it can be submitted to President Trump for signature. Under the deal,...
On November 10, the US Senate officially passed a new continuing funding bill that will fund the government until January 30 to end the government shutdown. All votes have been counted, with 60 votes in favor and 40 votes against.
According to CCTV news, on October 28 local time, the US Senate will vote for the 13th time on the "clean version" of the government funding bill passed by the House of Representatives, which aims to temporarily resume government operations at the current level of funding. Previously, the procedural motion has been rejected in the Senate for 12 consecutive times, because it needs at least 60 votes (including the support of some Democratic lawmakers) to pass. It is expected that the result of the...
According to CCTV news, on October 22 local time, the US Senate failed to pass the temporary appropriation bill proposed by the Republican Party, and the government "shutdown" deadlock continued. It is reported that this is the 12th time the Senate has voted to reject the temporary appropriation bill after the recent US government "shutdown".
According to Bitcoin News, the 15,965 bitcoins transferred today related to the sanctioned wallet are still controlled by Chen Zhi, the leader of the criminal group Prince Group, and were transferred on the chain for the first time after three years. It is worth noting that this part of the bitcoin does not belong to the 127,000 BTC that the United States announced last week was seized from its operations.