recent legislative developments related to blockchain and cryptocurrency:
- Crypto ATM Fraud Prevention Act: This act aims to combat fraud and scams associated with crypto ATMs by implementing transaction limits, verification requirements, and refund policies for scam victims.
- FIT 21, GENIUS Act, and BITCOIN Act: These legislative frameworks focus on providing regulatory clarity for digital assets, addressing issues such as anti-money laundering, Know Your Customer programs, consumer protection, and financial stability.
- Congressional Crypto Caucus: A bipartisan group formed to advance crypto-friendly policies in the House, focusing on stablecoin and market structure bills.
- IRS DeFi Broker Rule Repeal: The House and Senate have introduced resolutions to repeal the IRS DeFi Broker Rule, which expanded the definition of "broker" to include software that allows users to access DeFi protocols
Posted Mar 7, 2025, 9:45 PM UTC
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