ChainCatcher reports that the White House supports the Digital Asset Market Transparency Act, according to Jinshi. The bill aims to enhance transparency and regulation in the digital asset market.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Texas Court Dismisses Lawsuit Challenging Pharos Cryptocurrency Developer's Exemption from Money Transmission Licensing
A Texas court dismissed cryptography developer Michael Lewellen's lawsuit, stating that he failed to demonstrate a credible threat and that the Department of Justice has taken a lenient stance on related litigation. The case was closed with a "dismissal without prejudice," allowing Lewellen to refile an amended complaint.
GateNews4m ago
Bitcoin Depot CEO Change: Multiple State Lawsuits Pending, Revenue Expected to Drop 40%
Bitcoin Depot announces that former MoneyGram CEO Alex Holmes has assumed the role of chief executive officer as the company faces enforcement pressure from multiple states. Holmes will focus on operational stability and regulatory reform, with revenue expected to decline 30% to 40% in 2026. Meanwhile, BTM stock has performed poorly, with cumulative losses exceeding 94%.
MarketWhisper15m ago
Will Taiwan Tax Cryptocurrencies in 2026? EY: Follow Income Tax Law Rules, Risk Penalties for Incorrect Filing
The Ministry of Finance has clarified that capital gains from cryptocurrency transactions will be included in property transaction income, and the National Tax Bureau has identified unreported amounts totaling 129 million yuan, with supplementary tax collection and penalties of approximately 34.03 million yuan. Ernst & Young points out that cryptocurrency transactions will be taxed under the Income Tax Act, but a dedicated tax system has not yet been established, and relevant regulations are still under review.
CryptoCity39m ago
Crypto Case Over Money Transmitter Laws Dismissed by US Judge
In brief
A federal judge has dismissed a lawsuit by a crypto developer seeking clarity on whether his non-custodial software would violate U.S. money-transmitter laws.
The court ruled the developer failed to show a credible threat of prosecution and dismissed the case without prejudice.
T
Decrypt49m ago
Bitcoin Depot Appoints Former MoneyGram Director as CEO Amid Increasing Regulatory Scrutiny
Bitcoin Depot appointed Alex Holmes as CEO and chairman to replace Scott Buchanan, focusing on operational stability and compliance amid increased legal pressures. The company anticipates a 30-40% revenue drop by 2026 due to regulatory challenges.
TapChiBitcoin1h ago
UK Suspends Crypto Political Donations! Starmer: Illegal Financial Risks Force Action
UK Prime Minister Keir Starmer announced a suspension of all cryptocurrency political donations to address illegal financial risks and foreign interference. This temporary measure allows political parties to receive donations before new regulatory rules take effect, but they must fully return received donations after the rules come into force or face criminal penalties. This ban reflects concerns about cryptocurrency donation transparency and protective measures for election integrity.
MarketWhisper1h ago
