Key Highlights: Vault12 completed or formally abandoned every commitment in its 2018 token sale white paper, yet its VGT token has never been listed on any exchange due to unresolved regulatory uncertainty. Exchanges approached by Vault12 about listing VGT repeatedly demanded assurance that the SEC would not retroactively challenge the token’s legal status, a guarantee ...
Key Highlights: Illinois may delay its 0.2% crypto tax for six months, potentially pushing back its January 1 start date. The Digital Chamber and Illinois Blockchain Association negotiated the delay with Illinois officials. The agreement still requires approval from a Sangamon County circuit court judge. Illinois Crypto Tax Could Be Delayed by Six Months Illinois ...
CLARITY Act Faces Critical Senate Vote as Industry Warns of Regulatory Vacuum With the Senate vote on the CLARITY Act just days away, Digital Chamber CEO Cody Carbone outlined the likely scenarios if the legislation fails to pass—and he isn’t sugarcoating the odds of a quick legislative fix. Don’t Expect a Lame-Duck Save Asked whether ...