By Aaron Watts Key highlights: Blockchain Builders Fund closes $28M Fund I, backing 40 early-stage crypto ventures across AI, DeFi, and infrastructure. The fund is led by Stanford grads and integrates with university programs like MS&E 447 and the Blockchain Accelerator. Expansion plans include partnerships with IC3-Cornell and collaborations with Ethereum Foundation, Solana, and Coinbase’s […]
Tag: IRS
By coinspy A widening gap between U.S. tax policy and digital-asset innovation has triggered urgent calls for change on Capitol Hill. Senators Cynthia Lummis and Bernie Moreno say the 15 % Corporate Alternative Minimum Tax (CAMT) could saddle crypto companies with bills on paper-only gains. CAMT applies to firms posting average adjusted financial-statement income (AFSI) […]
By Chayanika Deka In a landmark move, US President Donald Trump on April 10 signed into law a resolution repealing the IRS’s controversial “DeFi Broker Rule” and effectively blocked expanded tax reporting requirements for decentralized finance platforms. The measure, introduced by Representative Mike Carey (R-Ohio) and supported in the Senate by Senator Ted Cruz (R-Texas), […]