Senate Confirms Howard Lutnick, a former chief executive of Cantor Fitzgerald, to lead the Commerce Department. The U.S. Senate voted 51-45 to confirm Howard Lutnick as the 41st Secretary of Commerce. Lutnick will lead President Donald Trump’s global trade and economic agenda. Given his strong protectionist stance, his confirmation marks
Senator-elect Bernie Moreno, a Republican from Ohio, has been assigned to the Senate Banking Committee. Incoming Republican Senate Majority Leader John Thune announced the appointment. This committee oversees two critical agencies, the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Moreno’s appointment is seen as
The excitement for new announcements and developments, particularly President-elect Donald Trump, pushes the Bitcoin market to new highs. Today, the market reacted to another level with Senator Cynthia Lummis’s new statement linking Trump to pro-Bitcoin initiatives. Sharing a video on Twitter, Lummis claimed, “President Trump is assembling an army to
President-elect Donald Trump has nominated Florida Congressman Matt Gaetz as the next U.S. Attorney General. Known for his strong stance on justice reform and cryptocurrency advocacy, Gaetz has gained attention for his criticisms of the Department of Justice (DOJ) under the Biden administration. If confirmed, he is expected to focus
Senator Cynthia Lummis of Wyoming is reportedly preparing to unveil groundbreaking legislation at the upcoming Bitcoin 2024 conference in Nashville, aiming to elevate Bitcoin to a strategic reserve asset on par with gold. This move could change U.S. monetary policy and significantly elevate Bitcoin’s status in the financial landscape. The
US Senators Proposed a tax-free bill for small crypto transactions. The bill demands cryptocurrency transactions less than $50 be exempt from taxation. Famed US Senators have proposed a new bill that would exempt modest crypto transactions from capital gains taxes. A proposed bill attempts to exempt Americans from keeping track
El-Salvador’s BTC legal tender possesses issues for the U.S trade. U.S lawmakers on pursuit for mitigatory plans. Nayib Bukele completely against the remarks made by the U.S. Ever since the Bitcoin (BTC) has been made as one of the legal tenders in El-Salvador, controversies are nevertheless. Apart from the world
Carla Sands states the US should be the BTC capital of the world. U.S. senate candidate confident on BTC. Urges BTC miners to come to the US. Though the war of Russia on Ukraine has been so far a week, yet, U.S senate candidates take on the talk of crypto
In recent times, there were a lot of controversial statements revolving in the U.S regulations for crypto taxations. The U.S provision targets to achieve $28 billion for bipartisan infrastructure and uses a smart idea to raise the fund through the tax amount of cryptocurrencies. Besides, the U.S Senate is against
The Senate advances a bipartisan infrastructure plan to collect extra taxes from the crypto investors and fund a $550 billion investment for transports and other utilities. The crypto-market is already dealing with issues from regulators in many countries, and now it is being burdened with additional-taxes. As the crypto industry
