CRYPTO

Authored by Colin Crossman via BitcoinMagazine.com,

In a landmark decision on June 28, 2024, the Supreme Court of the United States, by a 6-3 vote, overruled the longstanding Chevron doctrine, fundamentally reshaping the landscape of administrative law and judicial review. The case, Loper Bright Enterprises v. Raimondo, signals a significant shift in the balance of power between the judiciary and administrative agencies. This decision not only reinforces judicial independence but also (more…)

Authored by Nik Hoffman via Bitcoin Magazine.com,

Congressman Matt Gaetz (R-FL) has introduced legislation to allow federal income tax payments to be made in Bitcoin.

Exclusively reported first by the Daily Wire, this bill aims to amend the Internal Revenue Code of 1986, instructing the Treasury Secretary to develop a plan for accepting Bitcoin.

According to Gaetz, his proposal aims to modernize the tax payment process by allowing federal income tax to be paid with BTC. (more…)

By Marcel Kasumovich, Deputy CIO, Coinbase Asset Management

Passive investing seems to be dominating the crypto markets, evidenced by significant inflows into exchange-traded products (ETPs). But is it? Institutional engagement has skyrocketed, signaling that crypto is entering the US regulatory mainstream. This has led to a thriving landscape for active management, poised for rapid growth. But the signs are subtle. Exploring volumes and market dispersion reveals a thirst for higher (more…)