US lawmakers publish crypto tax proposal without Bitcoin tax exemption

The bill proposes exempting dollar-pegged stablecoins from gains or losses if the tokens remain tightly pegged to the underlying fiat currency.

The bill proposes exempting dollar-pegged stablecoins from gains or losses if the tokens remain tightly pegged to the underlying fiat currency.

Bitcoin advocate Jack Mallers' Twenty One Capital holds 43,514 BTC in its corporate treasury, now second only to Strategy's 762,099 BTC accumulation.

Onchain commodity-linked perpetuals are gaining traction as traders rotate away from underperforming altcoins, according to a Sygnum report.

The stablecoin issuer was accused of freezing 16 hot wallets linked to operating businesses, including crypto exchanges and online casinos.

Industry executives told US lawmakers that existing investor protection and financial surveillance regulations should apply to tokenized securities.