GM ✅ CoinRank Early Briefing!

DraftKings has launched DraftKings Coin, a standalone app that allows users in select U.S. states to make “pick’em” style price predictions on crypto assets such as Bitcoin and Ethereum, operating under oversight from the Commodity Futures Trading Commission (CFTC).

A bipartisan group of U.S. House lawmakers has unveiled a new crypto tax framework aimed at clarifying how digital assets are treated under U.S. tax law.

U.S. lawmakers have introduced a proposal to create a tax safe harbor for certain stablecoin transactions, seeking to reduce compliance burdens for onchain payments.

Members of the U.S. Congress are discussing a separate proposal that would change how staking rewards are taxed, with taxes applied only when the assets are sold.

Several lawmakers, including PatrickMcHenry, continue to monitor and engage in crypto related legislative efforts, signaling sustained bipartisan interest in digital asset regulation.

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