Crypto Tax Bill Clears House Committee After Clarity Act Setback

The bill would exempt qualifying crypto fees from gain-or-loss calculations and restrict tax-loss deductions on tokens sold and quickly repurchased.
Source: decrypt.co

The bill would exempt qualifying crypto fees from gain-or-loss calculations and restrict tax-loss deductions on tokens sold and quickly repurchased.
Source: decrypt.co
Solana Foundation is trying to turn pro-trader subsidies into chain-level market structure. With Frontier Traders, the Foundation introduced a program on June 17 that aggregates activity across Solana venues, offers VIP rebates, and covers priority infrastructure for qualified users. The package moves Solana’s pitch closer to the way large trading venues compete for serious flow:…
Grayscale’s proposed Zcash ETF would carry a 2.5% annual fee. Under one dated ownership calculation, a DCG affiliate could receive about 34% of the fund. If effective, the Aug. 21 SEC amendment would rename the existing trust “The Zcash ETF” and list it on NYSE Arca under ZCSH. The registration remains preliminary. The securities cannot…
Private credit has crossed into a dangerous phase. After rumblings last month, the pressure point is no longer confined to underwriting quality, isolated borrower stress, or a few awkward redemption notices buried in fund updates. The market is now dealing with something more consequential: a live collision between illiquid assets, semi-liquid fund structures, and investors…