Crypto Council for Innovation
Coverage of Crypto Council for Innovation in the Nexus archive.
- Crypto Industry Unites Behind Bill to Fix Tax Rules for Miners and Stakers
The three largest U.S. crypto trade associations support H.R. 9175, a bill aiming to defer tax on mining and staking rewards until sale. The bill addresses IRS rules requiring immediate taxation of mined or staked assets, which industry groups argue discourages domestic activity and favors foreign competitors. The legislation allows miners and stakers to choose tax deferral and includes provisions for institutional trust structures.
- Crypto Council for Innovation launches coalition to push for regulatory clarity on vaults
The Crypto Council for Innovation has launched a coalition aimed at promoting regulatory clarity for crypto vaults. These vaults are an increasingly popular method for depositing digital assets and generating yield.
- 100+ Crypto Firms Urge Senate to Advance Clarity Act, Warn of Innovation Moving Offshore
Over 100 crypto firms and industry groups urged the U.S. Senate to advance the Clarity Act, a bill to establish a federal framework for digital assets. They warned that regulatory uncertainty risks pushing innovation offshore, citing the EU's Markets in Crypto-Assets (MiCA) regulation as a competitive alternative.
- Crypto Council for Innovation gains Digital Energy Council as its first energy-focused acquisition
The Crypto Council for Innovation (CCI) has acquired the Digital Energy Council, marking its first energy-focused member dedicated to digital energy policy. This move expands CCI's scope into energy-related initiatives.