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
U.S. Stablecoin Yield Regulation Negotiations Near Consensus, Proposal Would Ban Idle Balance Yields but Permit Trading Rewards
At the DC Blockchain Summit in Washington, the crypto and banking industries reached a consensus on stablecoin yield regulation, favoring a ban on idle balance yields while allowing transaction-based rewards. Senators Thom Tillis and Angela Alsobrooks were key drivers, and if an agreement is reached, it would accelerate resolution of DeFi and token classification disputes.
GateNews21m ago
Crypto regulation clarified as Japan 10-year claim checked
Did FSA propose a 10-year prison term for unregistered cryptocurrency sales? No
There is no credible evidence that Japan’s Financial Services Agency proposed a 10-year prison term for unregistered cryptocurrency sales. Public materials do not show any draft, notice, or Diet bill to that
CoincuInsights55m ago
SEC and CFTC Join Forces to Create a Unified Crypto Regulatory Framework
The SEC and CFTC are collaborating to regulate cryptocurrency, enhancing coordination and communication. A memorandum outlines joint efforts to clarify digital asset definitions and update regulatory frameworks, signaling significant changes in oversight.
TheNewsCrypto56m ago
Australian Senate Supports Crypto Management Bill, Requires Platforms to Obtain Financial License
An Australian Senate committee recommends passing the *Corporations Amendment (Digital Assets Framework) Bill 2025*, requiring digital asset platforms to obtain financial licenses for operation. The bill aims to enhance the legal framework for digital assets and user protection as part of broader regulatory efforts.
TapChiBitcoin1h ago
Japan's Financial Services Agency Proposes Increasing Maximum Prison Sentence to 10 Years for Unregistered Cryptocurrency Sales
Japan's Financial Services Agency plans to strengthen regulation of unregistered cryptocurrency operators by transferring relevant provisions from the Funds Settlement Act to the Financial Instruments and Exchange Act, while increasing criminal penalties and strengthening investor protection.
GateNews1h ago
Senator Elizabeth Warren Opposes Permanent Ban On CBDC
House Representative Anna Paulina Luna and crypto lawyer John Deaton highlighted Senator Elizabeth Warren's strong support for a Central Bank Digital Currency (CBDC), arguing it threatens financial freedom and increases government control. Public response reflects concerns over Warren's motives and perceived hypocrisy.
Blockzeit2h ago
