Taxes
French MPs back crypto tax, and stablecoin swaps take the hit
The October 16 first-reading votes advance a proposal covering MiCA e-money tokens, with a January 2027 start conditional on enactment.
Liam 'Akiba' Wright 2 min read
Legislation News
Follow crypto legislation news, proposed bills, lawmaker debates, and policy frameworks shaping the future of digital assets.
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Top Legislation Stories
Politics
Crypto doesn’t need your party to win, just its candidates
Crypto's election spending crosses party lines because the industry needs allies wherever financial rules get written.
People
Trump’s crypto bill loses its White House negotiator as Patrick Witt exits
Patrick Witt has confirmed his departure while the CLARITY Act remains stalled. The SEC and CFTC are pursuing crypto rules under their existing powers.
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Regulation
EU targets MiCA loophole that lets crypto exchanges serve 27 countries with one license
The proposed overhaul would put major crypto firms under direct European supervision following concerns over inconsistent national licensing standards.
Taxes
Senate tax bill frees stablecoin spending while Bitcoin stays on IRS forms
The ADAPT Act would make qualifying stablecoin purchases tax-neutral in 2027 while Bitcoin payments keep existing tax treatment.
Memecoins
California signs into law restrictions banning public officers from issuing crypto meme coins
AB 2409 also limits listings for California residents of official-linked coins issued on or after Jan. 1, 2027.
Legislation
CLARITY Act needs 11 more Senate votes, but 4 of the 49 it already has want the bill changed
Cornyn, Curtis, Hyde-Smith and Murkowski backed the failed procedural vote while also supporting tougher restrictions on stablecoin yield.
Regulation
CLARITY Act needs 3 more senators and a race against the clock for a 2026 revival
Seven Democratic switches plus Tillis would still leave the bill below 60, with ethics, stablecoins and House alignment unresolved.
Taxes
Crypto’s first big tax win comes with a catch for stakers and everyday payments
The House package offers new safe harbors and compliance relief, but industry groups say lawmakers still need to address reward timing and small transactions.
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Price Watch
XRP falls hard after CLARITY vote as Ripple’s regulatory advantage faces a new test
Regulation
The UK just quietly carved out a massive stablecoin loophole while crushing crypto lending
Taxes
Congress wants to make crypto easier to use and still collect $500 million more in taxes
Legislation
