PANews reported on December 26 that according to The Block, the U.S. Congress may promote cryptocurrency legislation in 2025, and it is expected to be the most supportive of the crypto industry so far. Trump has repeatedly promised to support cryptocurrencies after being elected president. Key issues include the Stablecoin Act and the FIT21 Act, which focus on regulatory frameworks and decentralized standards respectively. Tax issues will be key, including adjustments to staking reward tax rules. At the same time, a Wyoming senator proposed the establishment of a national Bitcoin reserve, but it lacks broad support. Senate Democrat Elizabeth Warren's opposition may pose a challenge to the legislative process.
Key issues for U.S. crypto legislation in 2025 include the Stablecoin Act and the FIT21 Act
- 2024-12-27
Important information from last night and this morning (December 26-December 27)
- 2024-12-27
10 charts to look back at the crypto market in 2024
- 2024-12-27
French AMF: Cryptocurrency scams cause French financial fraud losses of €500 million per year
- 2024-12-27
Tether Invests $2 Million in Arcanum Capital’s Tokenized Investment Vehicle
- 2024-12-27
Strive, a Trump-related asset management company, applies for a "Bitcoin bond" ETF
- 2024-12-27
69 outrageous moments in the crypto world in 2024