Senator Lummis proposes crypto tax amendment to major US budget bill
Senator Cynthia Lummis is trying to add a major crypto tax measure to Trump’s “Big Beautiful Bill.” The amendment seeks to end “double taxation” on staking/mining rewards, taxing them only…
Michigan proposes investments in Crypto as Bitcoin Pepe’s presale nears $2m
Key takeaways Michigan has joined the wave of other states in the U.S. looking to invest in cryptocurrencies. Bitcoin Pepe’s presale approaches $2m two days after launch. Michigan proposes crypto…
The state of Utah proposes investing public funds in crypto
Utah bill aims to allow state funds in crypto. The bill limits investments to high-cap or stablecoins. Security is assured through encrypted key storage. In a groundbreaking move towards embracing…
Vancouver mayor proposes Bitcoin as city reserve asset for stability
Vancouver Mayor Ken Sim proposes Bitcoin as a reserve asset to protect purchasing power. Jeff Booth supports Ken Sim’s proposal, recognizing Bitcoin’s potential as a strategic asset. Former USA CFTC…
Artificial Superintelligence Alliance proposes merger with CUDOS
Artificial Superintelligence Alliance revealed a proposal for a merger with CUDOS. The native token of CUDOS, an AI compute platform, will convert to FET if proposal passes a community vote.…
Threshold community proposes merger to safeguard WBTC amid growing concerns
Threshold community proposes merging tBTC with WBTC. The proposal is driven by concerns over WBTC’s stability due to Justin Sun’s involvement. According to the proposal, BitGo will receive T tokens,…
Aave Labs proposes to integrate BlackRock’s BUIDL into GHO Stability Module
Aave Labs proposes integrating BlackRock’s BUIDL with the GHO Stability Module. The update aims to enhance capital efficiency and expand real-world asset yield. BUIDL integration allows 1:1 USDC swaps, monthly…
Curve founder Michael Egorov proposes 21m CRV funding for Swiss Stake AG
Michael Egorov’s proposal seeks new funding for Swiss Stake AG, the organisation building Curve. The Curve founder says a 21 million CRV grant will help fund the DeFi protocol’s research…
Mango Markets DAO proposes to offer the US SEC a settlement deal
Mango Markets DAO proposes a $223,228 SEC settlement. The proposal aims to resolve SEC charges after a $110M exploit in October 2022. Mango DAO will destroy MNGO tokens, cease US…
Franklin Templeton proposes a 0.19% fee in its amended Spot Ethereum ETF S-1
Franklin Templeton files amended S-1 for spot Ethereum ETF with 0.19% fee. SEC requires all spot Ethereum ETF issuers to file amended S-1 forms by Friday. Franklin Templeton’s spot Bitcoin…