Company
Trade association founded in 2021 representing crypto and digital-asset firms, lobbying for clear regulation and policy in the U.S. and abroad.
The Senate voted 57-43 to advance the Ratepayer Protection Act, three votes short of the 60 needed on a procedural vote. Even passage would leave state regulators free to decline the cost standard for large data centers.
Reality
A House committee handed crypto users a break on fees of $10 or less and paid for it by importing the anti-abuse rules that govern stocks, and the traders who harvest losses in December are the ones paying.
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FinCEN withdrew its proposal to make about 15,000 institutions report foreign crypto mixer transactions, work it estimated at 1.47 million hours a year. Banks keep their general duty to report suspicious activity, so mixer exposure stays a monitoring job without its own form.
Perspective Coverage
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Illinois agreed to delay its 0.2% crypto transaction tax six months, to July 1, 2027, in a joint motion a judge must still approve. The law stays on the books while two lawsuits proceed, so brokers who must collect it get more time to build for a levy that can still arrive in July.
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The new text defines a non-decentralized trading protocol by who can alter it, then leaves registration, conduct and Bank Secrecy Act questions to rules three agencies have not written. A procedural vote is set for Sept. 15.
Reality
The novel-ETF comment file closed Monday with a16z, Grayscale, Schwab, Chainalysis and Kalshi arguing past each other, and only Schwab attached a number to its ask: 75 days of public filing before effect.
Reality