The White House’s backing of Senator Lummis signifies an important change in U.S. Cryptocurrency regulations. The proposed amendments aim to enhance compliance and reporting processes for digital assets, reflecting the Biden administration’s focus on improving tax measures.
Bitcoin (BTC) currently priced at 107,633.11 USD has shown stability with a 26.57% increase over the past 90 days, despite market volatility. The introduction of these measures suggests an evolving regulatory environment that could shape future investment flows.
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