Avinash Nimmakayala pfp
Avinash Nimmakayala
@avinashn6
U.S. Policy Developments SEC Nomination: President Donald Trump's nominee for SEC Chair, Paul Atkins, emphasized a pro-crypto stance during his Senate confirmation hearing, advocating for rational regulatory frameworks to foster industry growth. MARKETWATCH IRS Rule Repeal: The Senate passed a resolution to repeal an IRS rule that expanded the definition of "broker" for tax reporting, aiming to alleviate regulatory burdens on the blockchain industry. AXIOS Strategic Bitcoin Reserve: President Trump signed an executive order establishing a Strategic Bitcoin Reserve, positioning Bitcoin as a national reserve asset and signaling a shift towards embracing digital currencies. WIKIPEDIA
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