A “tailored regulatory approach” for areas including securities laws and removing “obstacles in banking” is a priority for US lawmakers with “more upside” for the industry, Erder told Cointelegraph.“The new Trump administration is clearly all in on crypto and is taking steps that we could have only dreamed about a few years ago (including during his first term),” he said.“It seems likely that crypto regulation will be able to have it all and get much more clear and rational regulation in all areas, including tax.”Still, Erder noted there are limits to what President Donald Trump can accomplish through executive orders and regulatory agency action alone.“At some point, the laws themselves will need to change, and for that, he will need Congress,” he said.
Cork Protocol co-founder Phil Fogel shared the video and commented that “so much” of his professional life and net worth depend on Buterin but reiterated that the entertaining interaction makes him “bullish.”Source: RinorPseudonymous crypto trader Scott Crypto Warrior shared the video with his 514,300 X followers and said, “Pray for our ETH bags.” The short clip shows Buterin on his knees, gesturing at a four-legged robot and letting out what sounds like a “meow” before patting it on the head.
Stablecoin rules needed in US before crypto tax reform, experts sayUnited States cryptocurrency regulations need more clarity on stablecoins and banking relationships before lawmakers prioritize tax reform, according to industry leaders and legal experts.“In my view, tax isn’t necessarily the priority for upgrading US crypto regulation,” according to Mattan Erder, general counsel at layer-3 decentralized blockchain network Orbs.
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Author / Journalist: Cointelegraph by Cointelegraph
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