US Senators Cynthia Lummis and Bernie Moreno have launched a brand new legislative effort geared toward easing the crypto tax remedy of digital belongings. Their proposal comes amid rising considerations that present tax legal guidelines might result in unfair burdens on firms holding cryptocurrency.
Polychain Nets $80M From Celestia Staking Rewards Alone
Polychain earned $78M by selling staking rewards, keeping its full 65M token position untouched. Five wallets sold 6.35M TIA from emissions, accounting for $51M—about 9.77% of each allocation. The emission model drew backlash, enabling insiders to profit without selling vested tokens. Polychain, a crypto investment firm, has earned over $78...
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