Global #US Treasury

In a bold move signaling a pro-crypto future under the leadership of newly elected President Donald Trump, Senator Cynthia Lummis has hinted at introducing a landmark Bitcoin Strategic Reserve bill.

In a recent video analysis, Aaron Arnold of Altcoin Daily delves into the potential impact of the Bitcoin Strategic Reserve bill, spearheaded by Senator Cynthia Lummis.

Tether, the prominent stablecoin issuer behind the USDT token, has announced a remarkable financial performance for the first half of 2024, reporting record-breaking profits of $5.2 billion. This impressive figure reflects the company’s robust financial health and growing influence in the digital asset market.

In a surprising turn of events, former President Donald Trump is reportedly poised to address an upcoming Bitcoin event, fueling speculation about a groundbreaking policy shift.

The US Treasury Department has recently finalized a new set of tax rules for cryptocurrencies, aligning them more closely with existing tax reporting requirements for traditional financial instruments like stocks and bonds.