@Bragato18 9 June 2022 more from that month

The Responsible Financial Innovation Act, comes to us from Republican Senator Cynthia Lummis and Democrat Kirsten Gillibrand. - Transactions under US$200 to be capital gains exempt. 👍 👍 - Mining and staking income will not be taxable until the asset is sold. 👍 👍 - Stablecoins will be required to have at least 100% of their issued capital in cash reserves. No surprise there. - More clearly defined rules as to whether a token is a commodity or a security – with a preference for the former – and how to make the transition from one to the other. - Increased reporting, compliance and customer protection requirements for tokens. (Basically, anyone in the US releasing a DeFi protocol named WogaWogaRugPull with 1000% APYs, will also have to release a Terms of Service document explaining exactly how WogaWogaRugPull expects to provide such returns and what sort of protections you can expect when everything goes to hell.