Odaily Planet Daily reports that crypto journalist Eleanor Terrett announced on X that another major advocate for cryptocurrency tax reform in the U.S. Senate will not seek re-election. Senators Lummis and Steve Daines have confirmed they will not run again, and if Marsha Blackburn is elected Tennessee governor, she will also leave the Senate.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Circle Urges EU to Accelerate DLT Reforms, Proposes Introduction of Dynamic Threshold Mechanism
Circle submitted feedback to the European Union regarding the "Market Integration Plan," urging the acceleration of digital asset regulatory reforms. While supporting the modernization of capital markets, Circle highlighted that the existing mechanisms impose limitations on liquidity and institutional participation, and recommended implementing dynamic threshold mechanisms along with clarifying the regulatory transition pathway.
GateNews31m ago
US Senator Warren Requests MrBeast to Disclose Plans for Teen Financial and Cryptocurrency Business
U.S. Senator Elizabeth Warren sent a letter to prominent YouTuber MrBeast and his company, inquiring about their future plans in adolescent financial services and the cryptocurrency sector, emphasizing the need to comply with laws and address financial risks and consumer protection issues.
GateNews1h ago
Will MrBeast Push Crypto on Kids? Senator Warren Raises Alarm Over Banking App
In brief
Sen. Elizabeth Warren urged Beast Industries to move cautiously as the firm created by MrBeast considers crypto for Step, a teen-focused mobile banking app.
Before the company was acquired by Beast Industries, the senator argued that it pressured kids into asking their parents for p
Decrypt5h ago
Brazil Pauses Crypto Tax Talks Ahead of October Vote
Brazil has postponed its crypto tax consultation to 2027 due to election pressures, despite implementing a 17.5% capital gains tax and classifying stablecoins as foreign exchange. Crypto adoption remains robust, with significant inflows and growth.
CryptoFrontNews5h ago
US SEC Submits Digital Asset and Hedge Fund Disclosure Rules to White House, Proposes Introducing "Innovation Exemption"
The U.S. Securities and Exchange Commission submitted two new regulatory reviews to the White House on March 20, involving digital asset and hedge fund information disclosure. These include registration exemptions for digital asset companies and adjustments to Form PF reporting.
GateNews9h ago