Poland’s lower house backs sanctions bill covering crypto freezes
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Crypto Liquidations Top $1 Billion as Bitcoin Tests 11-Week Low
Bitcoin fell toward $75,500 after AI stocks plunged, and over $1 billion in the crypto derivatives market has been wiped out.
French Senate adopts bill for automatic sharing of crypto tax data
The French Senate adopted a bill authorizing the automatic exchange of crypto-asset tax information between international tax authorities, pending completion of the legislative process.
Senate Democrat Probes Tether Payments to Ex-White House Crypto Adviser’s Firm
Sen. Richard Blumenthal demanded Tether’s records on payments to Nxum, a firm co-owned by former White House crypto adviser Bo Hines.
Made an ‘honest’ mistake with crypto taxes? New bill offers way out
A proposed US bill would let crypto investors correct past tax reporting mistakes through a dedicated disclosure program, with reduced penalties for eligible taxpayers.
Bitcoin Whipsaws as Crypto Liquidations Near $1 Billion
Hot inflation data revived Fed rate-hike bets, and leveraged bulls paid the bill as nearly $1 billion in crypto positions were liquidated.
White House crypto council chief Patrick Witt steps down
Witt’s departure leaves a leadership gap at the White House Crypto Council and marks the fourth high-profile exit from the advisory group.