Odaily Planet Daily reports that crypto journalist Eleanor Terrett announced on X that another major advocate for cryptocurrency tax reform in the U.S. Senate will not seek re-election. Senators Lummis and Steve Daines have confirmed they will not run again, and if Marsha Blackburn is elected Tennessee governor, she will also leave the Senate.
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
Will MrBeast Push Crypto on Kids? Senator Warren Raises Alarm Over Banking App
In brief
Sen. Elizabeth Warren urged Beast Industries to move cautiously as the firm created by MrBeast considers crypto for Step, a teen-focused mobile banking app.
Before the company was acquired by Beast Industries, the senator argued that it pressured kids into asking their parents for p
Decrypt1h ago
Brazil Pauses Crypto Tax Talks Ahead of October Vote
Brazil has postponed its crypto tax consultation to 2027 due to election pressures, despite implementing a 17.5% capital gains tax and classifying stablecoins as foreign exchange. Crypto adoption remains robust, with significant inflows and growth.
CryptoFrontNews2h ago
US SEC Submits Digital Asset and Hedge Fund Disclosure Rules to White House, Proposes Introducing "Innovation Exemption"
The U.S. Securities and Exchange Commission submitted two new regulatory reviews to the White House on March 20, involving digital asset and hedge fund information disclosure. These include registration exemptions for digital asset companies and adjustments to Form PF reporting.
GateNews6h ago
CFTC Sets 20% Capital Charge for Bitcoin and Ethereum Collateral
The Commodity Futures Trading Commission (CFTC) has taken a clear step toward integrating cryptocurrencies into traditional finance. In its latest guidance, the regulator allows Bitcoin and Ethereum to be used as collateral in derivatives trading while applying a 20% capital charge to manage
Coinfomania9h ago
SEC and CFTC Establish Crypto Taxonomy With Five Key Categories
U.S. regulators established a framework to classify digital assets into five groups, enhancing jurisdiction clarity. This includes commodities overseen by the CFTC and securities by the SEC, with special treatment for stablecoins and utility tokens based on usage.
CryptoFrontNews9h ago
