DeFI News by Thebittimes.Com

Coinbase CEO Brian Armstrong says that the next major crypto bill, the Digital Asset Market Clarity Act of 2025, also called the CLARITY Act, is a “freight train leaving the station,” adding that this is the most bullish he has ever been on the bill. In a video posted to X, the CEO said that there is a good chance that the bill will pass. This is after he attended discussions with lawmakers “on both sides of the aisle,” and added that the bill has bipartisan support.  “The Senate is strongly supportive of getting this done; the members I met with on both sides of the aisle are ready to get this legislation passed,”  Armstrong said in the video. Armstrong Says New Bill Will Ensure There Is Not Another Gary Gensler The bill was introduced in May this year, and seeks to create a comprehensive market-structure framework for digital assets. It also draws a line between US Securities and Exchange Commission (SEC) and the Commodity Futures Tra...

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US President-elect Donald Trump is considering creating the first-ever White House role dedicated entirely to crypto policy, according to a Nov. 20 Bloomberg report. The report said that Trump is in the process of engaging with industry executives to decide whether or not the new role is necessary. He is reportedly vetting possible candidates for the role as well. Crypto Advocates Want The New Role To Report Directly To Donald Trump It is still unclear whether the role will be another White House staff position or if a “crypto czar” will be established to coordinate policy between federal agencies. Regardless, crypto advocates want the new role to report directly to Trump. According to the report, the person appointed for the potential role will direct a small staff while simultaneously mediating between Trump, Congress and numerous other federal agencies. These federal agencies include the US Securities and Exchange Commission (SEC) and the US Commodity Futures Trading...

Bitcoin (BTC), the top cryptocurrency, might reshape the US economy through a new proposal. Lawmakers are considering a plan to create a crypto tax-free zone. This idea might solve old problems with digital assets and help the US economy. This is a big change in economic policy, recognizing digital assets are becoming more important worldwide. It tries to solve problems with market swings and unclear rules that have troubled crypto and Bitcoin for a long time. Also Read: Solana: How Much SOL Is Needed To Have $1 Million By 2030? Exploring the Impact of a Crypto Tax-Free Zone on the US Economy The USABTC Proposal: A New Frontier for Digital Economy The USABTC policy group has proposed a bold plan to create a Bitcoin (BTC) tax-free Digital Economic Zone (DEZ) in the United States. This proposal aims to make the country a world leader in the digital economy while keeping the dollar’s key role. In this plan, traders would not pay capital gains tax on Bitcoin trades within the DEZ. How...