This is one of the most anti-crypto laws in the U.S. It taxes the exchange, transfer, or storage of digital assets—you buy BTC, you pay a tax; you hold your BTC on Coinbase, you pay a tax; and so on. There is effectively no comparable state financial transaction tax on stocks, bonds, or derivatives anywhere in the country. That means crypto is being singled out in violation of several federal laws. Further, the approach makes little sense—you aren’t taxed if you exchange a stock, bond, or derivative in paper form, but you are taxed if they happen to be recorded on a blockchain? That’s like taxing email. So, rather than embracing innovation and the cost efficiencies blockchains can deliver for ordinary people in Illinois, the state is poised to punish its entrepreneurs and citizens that want to use crypto. This is a shame—it was only just recently that Illinois embraced a constructive approach to blockchain technology through the adoption of the effectively-scoped Digital Assets and Consumer Protection Act. This new tax is a complete 180. When states adopt discriminatory, asset-specific taxes that drive builders and users elsewhere, we all lose.

The Real Cowboys of Crypto: Wyoming Ropes a $1 Stablecoin bloomberg.com/news/features/…

Under the Clarity Act, the SEC and CFTC finally have defined lanes. No more jurisdictional limbo. No more legislating by enforcement.

🇺🇸 The White House wants crypto's regulatory framework signed into law by July 4th, 2026, on U.S. 250th birthday. The CLARITY Act has already passed the House and cleared the Senate Banking Committee. The finish line is close. The finish line is close, but the packed Senate calendar has killed plenty before. Crypto regulatory clarity could still land in weeks. Source: @WatcherGuru / Writer: Lucas

JUST IN: JPMorgan, Citi and major US banks to launch new tokenized deposit system to compete with crypto.

BREAKING: The first Federal National Mortgage Association-backed mortgage using Bitcoin in the US just closed using Coinbase 🇺🇸 The homebuyer said: “We closed on our home and my Bitcoin stayed intact. We didn’t have to liquidate, didn’t have to time the market” 🙌

CLARITY Act will be the biggest financial regulatory bill since Dodd-Frank, Coinbase exec says | video.foxbusiness.com/v/6397… @MorningsMaria @FoxBusiness

Today, Texas Comptroller of Public Accounts @KHancock4TX announced the members of the Texas Strategic Bitcoin Reserve Advisory Committee, established under SB 21, which was signed into law in June 2025. We are proud to congratulate two TBC member companies whose representatives were appointed to the committee: @CormintInc , Inc., represented by Founder and CEO @jamesmcavity . Cormint is a leading Texas Bitcoin miner and one of the world's most efficient producers. Jamie brings deep expertise in Bitcoin mining, energy-optimized infrastructure, and Texas energy markets. Cormint's Fort Stockton facility consistently ranks among the most efficient mining operations in the world. @CleanSpark_Inc represented by President and CFO @GaryVec , CPA. CleanSpark is a TBC member company with an institutional-grade Digital Asset Management program that Gary built from the ground up. He brings more than 20 years of senior finance and public company leadership to this role. A bit of background on what this committee does: SB 21 established the Texas Strategic Bitcoin Reserve, a special fund outside the state treasury that authorizes the Comptroller to invest in Bitcoin as a hedge against inflation and economic volatility. Texas was the first state to commit public funds to a dedicated Bitcoin holding structure. The five-member Advisory Committee advises the Comptroller on asset valuation, investment policy, and reserve management. It shapes how Texas approaches Bitcoin as a long-term state financial asset. Two of the three cryptocurrency expert seats on the committee went to representatives of TBC member companies. Congratulations to Cormint, CleanSpark, Jamie, and Gary. Texas is building its Bitcoin future, and our members are helping lead the way. Read the Acting Comptroller's full announcement: comptroller.texas.gov/about/…

JOB OPENING Fidelity, Merrimack Director, Digital Assets Operations jobs.fidelity.com/en/jobs/21…

Fox Business: The Trump administration wants to make purchasing a home with bitcoin "the real estate norm." A $4.2 million home already sold with bitcoin and closed faster than most traditional transactions.

JUST IN: 🇺🇸 Pro-crypto Kevin Warsh officially sworn in as Federal Reserve Chair, replacing Jerome Powell.

16 years ago, Laszlo Hanyecz spent 10,000 #bitcoin worth $30 on two Papa John's pizzas. Today, that 10,000 BTC is worth $773,361,294. Legend! 🙌

From two pizzas to a global movement 🍕₿ Bitcoin Pizza Day is a reminder that innovation often starts small before changing the world. Happy Bitcoin Pizza Day from the Live Free or Die state.

"Organizations like the New Hampshire Blockchain Council are working to ensure that our state does more than talk about innovation. They are focused on connecting policymakers, business leaders, and technologists to turn ideas into practical solutions that benefit New Hampshire." — Matt Ping, Manchester (@mping603) unionleader.com/opinion/op-e…

🚨Congressman Nick Begich just introduced landmark Strategic Bitcoin Reserve legislation. ARMA — the American Reserve Modernization Act — would put the U.S. Strategic Bitcoin Reserve on permanent legal footing: requiring 20 year long-term Bitcoin holdings, budget-neutral acquisition strategies, and federal custody standards. This is a major step forward for sound Bitcoin Policy in the U.S. It is long overdue to professionalize our custody and treat Bitcoin the same as other strategic assets. Full Breakdown coming soon.

Credit Unions are embracing digital assets and know that they can now offer a wider array of services and opportunities to their members. It's the future!

🇺🇸 JUST IN: The Fed has issued a request for comment on a proposed rulemaking for "skinny master accounts" that could allow eligible fintech and crypto firms access to its payments system.

NH Doubles Down on Crypto With Bitcoin-Backed Municipal Bond Plan via @BusinessNHMag businessnhmagazine.com/artic…

LATEST: South Carolina enacts a pro-crypto law banning state taxes on crypto payments, protecting self-custody rights, and prohibiting state agencies from accepting or testing CBDCs.

Within three months.