Global crypto regulation updates, enforcement actions, and compliance developments.
The new Digital Asset PARITY Act draft would extend wash-sale rules to digital assets while shielding certain regulated payment stablecoins from routine gain-or-loss recognition.
Korshain believes Trump's support for Bitcoin will lead to a more favorable regulatory environment and boost prices.
The Committee also amended the framework to "tighten criteria" for which stablecoins can receive "preferential regulatory treatment."
