The super rich use 401(k)s and IRAs to sidestep taxes on millions of dollars. This proposed law would cut them off.
More than 200 individuals had a total of more than $85 billion in taxsheltered retirement accounts Source：MarketWatch
Here’s how to use salary-transparency laws to get paid more
Virginia and Maine are the latest states pushing employers to disclose salary in their job listings. Source：MarketWatch
SEC’s Peirce says crypto vaults and onchain lending may fall under securities laws
The SEC commissioner said crypto vaults, onchain lending products and other asset management tools may trigger US securities laws depending on how they are…
Digital Chamber sues Illinois officials over new state 0.2% crypto tax
The group alleged that the tax signed into law in June “discriminates against people who transact in digital assets“ and should be blocked from implementation…
New Clarity Act emerges that's a start on the final draft, makes ethics rule temporary
Lawmakers have circulated text of the latest draft that will be pushed toward a Senate finish line, but they're still debating a core governmentethics piece.…
SEC's Peirce warns some DeFi vaults, onchain lending may fall under securities laws
The commissioner said onchain vaults and lending strategies could resemble investment funds or advisers, depending on how they are structured. Source：CoinDesk
SecondFi to wind down after $2.6M ADA theft linked to wallet flaw
SecondFi will wind down after a $2.6 million ADA theft, while users still await recovery tools that were initially expected within weeks of the exploit.…
CLARITY Act could help CFTC deal with prediction markets: Lawyer
According to one lawyer testifying before a House subcommittee hearing, the CLARITY Act could grant the CFTC the authority it needs to address the “explosive…
Russia’s parliament passes crypto market law with $3,800 annual cap for retail investors
While citizens still cannot use Bitcoin to buy groceries, the Kremlin is officially letting companies use digital tokens to bypass sanctions and other global…
Russian parliament passes law regulating crypto market
The State Duma legislation creates a regulated framework for crypto market participants and now moves to President Vladimir Putin for his signature before…
Democrats added certain consumer protection rules to CLARITY: Coinbase exec
Coinbase vice chair Ryan VanGrack said that Democratic lawmakers had added provisions on customer protection to a digital asset market structure bill under…
It’s getting easier for terminally ill people to end their own lives. What to know as laws change.
Patients must meet three conditions to qualify for Medical Aid in Dying. Source：MarketWatch