Senate Crushes IRS DeFi Rule, Crypto Industry Cheers as House Vote Looms
Senate shatters IRS crypto regulations 70-27 with unexpected Democratic support. Bitcoin jumps 3.85% while DeFi platforms celebrate. The White House response hangs in balance.
SEC Abruptly Drops Kraken Lawsuit—No Fines, No Guilt, No Changes Required
In a stunning reversal, SEC abruptly abandons its lawsuit against Kraken—no fines, no admission of guilt, no required changes. The crypto industry celebrates while regulators retreat.