Summer of crypto (regs): State of Crypto (opens original article in a new tab)

The article discusses recent developments in U.S. crypto regulations, including a House committee hearing on tax legislation, CFTC's proposal for prediction market regulation, and legal actions involving Gary Gensler and Sam Bankman-Fried.

• U.S. House Ways and Means Committee held a hearing on crypto tax legislation with substantive questions
• CFTC proposed regulation of prediction markets with public comment period
• Gary Gensler filed an amicus brief against including sports betting under swaps definition