Crypto News

Kentucky Senator Rand Paul is pressing Congress to reclaim its taxing authority, arguing that President Donald Trump’s reliance on emergency powers to impose tariffs on dozens of countries violates both economic logic and the Constitution. Rand Paul Warns Emergency Tariffs Could Hand ‘Karl Marx’ Future Powers Paul on Tuesday touted a joint resolution that wouldSource link

The Crypto Council for Innovation is making a case with the U.S. Securities and Exchange Commission that staking is not only a virtue for digital asset markets, but it should be hands-off for the securities regulator.The group — a coalition of staking interests, including Kraken, a16z, Lido, Galaxy, Figment, Polychain and Paradigm — argued in a letter to the agency's crypto task force that the logic behind the SEC staff's recent statement that "proof-of-work" crypto mining isn't a securities transaction under the agency's jurisdiction, should extend to the practice of staking, pulling it out of the securities bucket."Stakers, like PoW miners, are compensated based on protocol-defined outcomes, not managerial actions or profit-sharing arrangements," according to the letter reviewed by CoinDesk.When...

The Trump Organization's executive vice president, described the SWIFT international payments network as an "absolute disaster." Source link

Bitcoin ETFs continued their winning streak with an eighth consecutive day of inflows, bringing in $173 million as Blackrock’s IBIT remained the dominant force. Ether ETFs held firm, notching their fourth straight day of inflows, led by Fidelity’s FETH. Bitcoin and Ether ETFs Keep Momentum With $191 Million Combined Inflows The crypto exchange-traded funds (ETF)Source link

Economists fear Trump's tariffs will weigh on economic growth while adding to inflation.Source link