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Tag: Congress

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Congress Targets Crypto ATMs After Americans Lose $333M to Scams
Lawmakers are seeking to curb crypto ATM fraud with a bipartisan bill that would set transaction limits, mandate scam warnings, and require transaction records and updated kiosk location records. The proposal follows FBI-cited losses of more than $333 million, with… Read full article
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Congress Examines 8 Crypto Tax Proposals as $2T Market Faces Compliance Burden
House tax lawmakers reviewed eight digital asset tax proposals seeking clearer rules for crypto payments, mining, staking, donations, and compliance. The measures aim to reduce paperwork for digital asset users while establishing clearer tax treatment for key activities across the… Read full article
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