The effort from Senator Cynthia Lummis is one of several crypto tax provisions in an amendment aimed at reducing tax burdens in core areas of the industry.
A federal trust charter would bring Circle under direct federal bank regulator oversight, aligning it with how traditional financial institutions are overseen.
HBAR rose 2.1% to $0.1519 as ecosystem updates — including an AI toolkit, gaming expansion, and council additions — have kept Hedera in focus this month.
Crypto stayed flat in a volatile first half of the year thanks to bitcoin. Meanwhile, Ethereum's ETH, Solana's SOL and small caps endured steep losses.
Ten years into the project, we still haven’t seen an on-chain Amazon or eBay. Our blockchains simply can’t handle the throughput, says Carter Feldman, CEO of Psy Protocol.
The development introduces Ethereum Virtual Machine-compatible smart contracts to the XRP Ledger, enabling developers to deploy their Ethereum-based apps.
The tokenized versions of U.S.-listed stocks and ETFs will first be available to EU users and issued on Arbitrum, with future plans to deploy them on on Robinhood's own blockchain.