Polish President Karol Nawrocki has vetoed a cryptocurrency regulatory bill for the third time, delaying Poland's adherence to the EU's Markets in Crypto Assets Regulation (MiCA). The latest veto has sparked outrage from government officials, including Prime Minister Donald Tusk, amid concerns over crypto oversight in Poland. With the July...
Author: Quinn Taylor
Upcoming House Hearing: Unpacking the Game-Changing Crypto Tax Proposals
Highlights US House Ways and Means Committee introduces seven drafts aimed at simplifying digital asset taxation. Advocates push for reduced tax burdens on crypto transactions, mining, and staking, including a proposed “de minimis” exception. Illinois moves towards a 0.2% tax on crypto transactions as part of its latest state budget....
Sui Tackles Three Network Outages with Game-Changing Upgrade!
Highlights Major upgrade implemented by the Sui Foundation addresses outages that plagued the Sui Network for over 15 hours. Recent outages were linked to bugs introduced in the software update; however, no user funds were compromised. The SUI token has seen an 11% decline post-outages, reflecting market concerns and volatility....
Senate Crypto Bill Could Make Waves by August, According to NYDIG Insights!
Highlights The U.S. Senate’s crypto market structure bill faces significant delays and risks not passing before the midterm elections. Congressional negotiations have highlighted bipartisan concerns over provisions related to stablecoins and regulatory clarity for crypto assets. The outcome of the bill could fundamentally change the landscape for institutional investment in...
