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Bessent Announces IRS Guidance Clearing Tax Hurdle for Crypto ETP Staking
The IRS safe harbor preserves favorable investment trust tax status for crypto ETPs that stake proof-of-stake assets like Ethereum and Solana. Key Notes: SEC cleared operational…
Senate Ag Committee Grants CFTC Authority Over Crypto Spot Markets
The draft, released Nov. 10, protects self-custody rights but leaves DeFi provisions unresolved, according to the committee. Key Takeaways: The bipartisan draft gives the CFTC exclusive…
Ledger Launches $400K Sui Rewards Program in Wallet App
Ledger launches a $400,000 SUI rewards program with swap-to-win prizes and wallet verification required before Phase 2 staking.
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