Senators Propose $32 Billion Investment Plan to Boost US Tech Growth
Schumer-led bipartisan senators propose a $32 billion investment over three years to develop AI and enforce safeguards, aligning with recent bipartisan efforts in AI regulation and promotion. Four senators representing both parties are guided by Majority Leader Chuck Schumer in a bipartisan group. Their recommendation is that Congress allocate a minimum of $32 billion over […]
Swiss Leaders Aim to Implement Global Crypto Reporting Framework
Switzerland’s Federal Council proposes adopting global standards for crypto tax reporting through a public consultation to ensure parity with traditional assets and enhance tax transparency. In an effort to “ensure equal treatment” with conventional assets, Switzerland’s highest authority has issued a public consultation regarding its intentions to adopt global standards for crypto tax reporting. The […]
New Crypto Law in Oklahoma Safeguards Miners
Oklahoma Governor Kevin Stitt signed a resolution establishing a legal framework for digital assets and blockchain technology. The aforementioned legislation makes it unlawful for the state of Oklahoma to impose limitations on the utilization of digital assets for lawful transactions or for self-custody. In addition, it establishes that payment for digital assets must not incur […]