Trump attended the Blockchain Association Policy Summit and reiterated that he will fully support the development of the blockchain industry in the United States

Blockchain Association Warns IRS That Proposed Tax Rule Change Could Crush U.S. DeFi Industry

The Blockchain Association issues a scathing 33-page comment to the U.S. Treasury and IRS, cautioning that a proposed redefinition of the word "broker" in a federal tax rule could severely impact or force offshore any decentralized finance (DeFi) project in the United States. The proposed change broadens the term "broker" to include any centralized crypto exchange or DeFi project facilitating the transfer of digital assets, subjecting them to the same reporting rules as traditional financial brokers. The Blockchain Association argues that applying this standard to DeFi projects is impractical, could lead to privacy issues, and may drive U.S.-based DeFi projects abroad.

Japan Blockchain Association Seeks Taxation Reform

Last month, the National Tax Agency (NTA) in Japan introduced adjustments to corporate tax rules to exempt firms from year-end unrealized gains taxation on cryptocurrencies they issued.

Blockchain Association demands probe into SEC approval of Prometheum

Prometheum, a company whose co-CEO says that new crypto-specific financial laws are not necessary in the U.S., has become a lightning rod for crypto advocates. The Blockchain Association, a large industry trade group, demanded an internal investigation into approval of the company’s special purpose broker dealer license by the SEC in May.

Blockchain Association Files Another Amicus Brief Supporting Tornado Cash

Blockchain Association, a nonprofit group dedicated to crypto advocacy, is filing a second amicus brief...

Blockchain Association Calls for Revisions to SEC Custody Rule

The Blockchain Association filed a comment letter in response to the SEC’s custody rule on Monday, May 8. 

Crypto Expo Asia Announces Partnerships with Asia Blockchain Association, Asia Blockchain Gaming Alliance, Asosiasi Blockchain Indonesia, Singapore Fintech Association, and More

Swiss Banking Association proposes deposit tokens on public blockchain

They also issued a white paper on deposit tokens this week.

Binance Joins a Sanction Specialist Association

Despite the bear market, Binance is one of the firms that has continued to build and make meaningful partnerships with firms and organizations.

Blockchain Gaming Stands Firm As Crypto Market Staggers

Investments in blockchain initiatives have been patchy, but GameFi is one industry that is sustaining development despite the market's decline. ...

Binance.US leaves Blockchain Association to form own DC government affairs team

The U.S. affiliate of the world’s largest crypto exchange says it’s time for its own voice, and major lobbyist Blockchain Association wished them well.