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US Senate passes resolution to kill ‘unworkable’ IRS DeFi broker rule

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The resolution repealing the IRS rule will need to pass the House and, if successful, will be sent to US President Donald Trump, who has signaled he’ll support killing the rule.

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Coin Market

Bitcoiners cast doubt on the US military’s understanding of the network

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Bitcoin advocate Matthew Kratter said US Navy Admiral Samuel Paparo’s Senate testimony on Tuesday sounded like it was written by an “intern.”

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CFTC sues New York over bid to apply gambling laws to prediction markets

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The CFTC has filed suit to block New York from enforcing gambling laws on prediction platforms, arguing federal regulators have sole authority over event-based contracts.

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Bitcoin traders eye $73K next as weekly trend line holds price hostage

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Bitcoin market participants favored a short-term return to $73,000 as resistance stayed in place, with some analysis seeing even lower levels.

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