Earnst

This is my Crypto Diary Only. Not intended to anything but to keep a timeline of events and thoughts. Don’t follow me, I tend to argue with stupid people.

[Hernan Coronel @Drummer_HC]

🚨 Mientras CLARITY encuentra obstáculos, Estados Unidos avanza por otro frente: los impuestos sobre las criptomonedas.

El Comité de Medios y Arbitrios de la Cámara de Representantes anunció la aprobación de la Digital Asset Tax Certainty Act — H.R. 10357, un proyecto para actualizar el tratamiento fiscal de los activos digitales.

¿Qué busca cambiar?

🔹 Simplificar el uso de determinadas stablecoins en dólares.
🔹 Evitar calcular ganancias o pérdidas por las criptos utilizadas para pagar ciertas comisiones de hasta USD 10, bajo condiciones.
🔹 Dar reglas más claras a los préstamos de criptomonedas, la minería y el staking.
🔹 Extender controles fiscales que ya existen para los activos financieros tradicionales.

Atención: pasó el comité. Todavía tiene que completar el proceso legislativo para convertirse en ley.

Esto es importante porque para que una tecnología se integre a la economía también hay que resolver cuestiones concretas: cómo se contabiliza, cómo se presta, cómo se usa para pagar y qué impuestos genera cada operación.

CLARITY aborda la estructura del mercado y las responsabilidades de los reguladores. Este proyecto trabaja sobre otra pieza: el tratamiento tributario.

La transformación financiera tiene varios procesos en marcha al mismo tiempo. Un obstáculo en uno puede retrasar avances, mientras otros continúan.

Mi lectura es que este proyecto muestra cómo se está preparando el terreno para incorporar los activos digitales a más actividades económicas, con facilidades para operar y también con mayores controles.

Para entender hacia dónde va el dinero, hay que mirar también las reglas que están construyendo alrededor de él.

[SMQKE @SMQKEDQG]

DTCC.

BlackRock.

State Street.

Citi.

Nasdaq.

New York Stock Exchange.

These are the major players in the room today.🏛️

And they are preparing for a fundamentally different financial system.🌐

The SEC is actively moving U.S. equity markets toward 24 hour trading while major market infrastructure firms prepare for the operational changes required to support it.⏰

Why does this matter for blockchain?🙇‍♂️

Because blockchain technology is built to operate 24/7.✅

There is no closing bell.

No weekend shutdown.

No traditional settlement window.

Blockchain enables assets to be issued transferred and settled continuously.

Now the traditional financial system is beginning to move in the same direction.⏩

And today the SEC took another major step by allowing limited trading of tokenized stocks on regulated onchain venues through its Innovation Exemption.☝️

This is bigger than one piece of legislation.

Federal regulators and the largest financial institutions in the world are actively changing the infrastructure of the financial system.🔑

They are preparing markets for continuous trading.

Finalizing plans for Tokenized securities.

Directly placing assets on-chain.

These are signals that confirm blockchain integration into traditional systems is accelerating.💯

The closer these systems move toward 24/7 markets, the closer crypto becomes a major component to the global financial system.🔒

No future administration can undo these massive changes. 🗣️

#InTheRoom💨

[Paul Atkins @SECPaulSAtkins]

For too long, regulatory uncertainty has prevented responsible, yet critical innovation from taking root in the United States.

It has been a priority of my chairmanship to reverse this trend.

Though temporary, the Innovation Exemption is a principled, structured grant of relief designed to resolve genuine legal uncertainty, while providing investor protections and upholding market integrity standards.

Through this order and a number of ongoing initiatives, we will ensure that America remains the world’s premier destination to build the next generation of financial infrastructure.

[Senator Cynthia Lummis @SenLummis]

This afternoon, Senate Democrats proved they were never truly serious about protecting consumers and preserving American leadership. I sat at the table with Senate Democrats working in good faith to get this done while they played games.

For over a year, they presented demands and the second we met them, they made new demands and moved the goal posts. Today they voted against real limitations on politicians’ personal crypto investments. They voted against protecting American consumers from the scammers and fraudsters this bill would have shut down. They voted against American leadership, and handed China and every one of our foreign competitors exactly what they wanted. Democrats chose politics over the American people—again. That’s not leadership on their part, that’s surrender to their radical, socialist base.

The once-proud Democratic party is anti-consumer and pro-illicit finance, anti-ethics, anti-free enterprise, anti-worker, anti-livable wage jobs, and pro-socialism. The Democrats are now anti-American. Sad!

[JackTheRippler ©️ @RippleXrpie]

💥WOW! 🇺🇸 7 to 10 DEMOCRATS have agreed to VOTE in favor of the Crypto CLARITY Act.

Translation: Republicans will secure enough votes to PASS the BILL in the Senate next week.

IT'S HAPPENING!🔥

[Senator Cynthia Lummis @SenLummis]

If the Clarity Act fails, Democrats own what comes next: more 100 Democratic-directed changes wasted, consumers with zero federal protection, no disclosure rules, no delisting requirements for bad actors, stuck in the same unregulated system that has already cost Americans billions. They wrote the fix. They must pass it.

[Patrick Witt @patrickjwitt]

Bad day to be a Clarity Act doomer.

[Jacob Coxon @hilbertspaess]

I resigned from Anthropic today. I spent the last three years doing pretraining research at both OpenAI and Anthropic. Neither company is acting responsibly. They are racing straight to self-improving superintelligence and gambling with our lives. More thoughts below.

[ItscoachFO @itscoachfo]

Object of sanctions: Digital Assets.

Only two options:

-Bitcoin
-Tether

Any other I might be missing?

[Michael Saylor @saylor]

Send more ₿ears.

[Earnst @CryptoEarnst]

@elkutxo @Arteymas_ ¡Ah como de que no!
No me creas, velo por ti mismo.
Ni Cristiano, ni Messi, ni nadie…
Récord único e irrepetible, el mejor rematador de la historia; todos nos moriremos, morirán los nietos de nuestros nietos y el récord permanecerá.
¡Grande Hugol! ⚽️🇲🇽

https://t.co/UjOf5tmWgp

[Mike Selig @ChairmanSelig]

If CLARITY continues to stall because of Democratic obstruction, the @CFTC will utilize its existing authorities to begin establishing a regime for crypto asset markets. We owe it to the American people to do so.

Here's how we'll get it done ⬇️

[Paul Atkins @SECPaulSAtkins]

With our new proposal, the SEC is taking the most historic step yet to modernize federal securities regulations for crypto assets.

As the Crypto Capital of the World, the U.S. must and will lead. Regulation Crypto Assets will ensure that we do. 🇺🇸

[Mike Selig @ChairmanSelig]

The United States has a choice. We can either write the rules that define the next generation of financial markets, or we can let other countries write them for us.

Under @POTUS' leadership, we’ve made our choice: America will lead.

[Senator Cynthia Lummis @SenLummis]

My statement on Clarity Act⬇️⬇️

[Senator Cynthia Lummis @SenLummis]

The Big Bank Lobby is trying to say that all of Wall Street is opposed to the Clarity Act. That's completely false.

Supporting:
✅BlackRock
✅Goldman Sachs
✅Fidelity
✅Franklin Templeton
✅SoFi
https://t.co/DN07qic4Oe

[Eleanor Terrett @EleanorTerrett]

🚨NEW: A group of pro-crypto Democrats say they’re unhappy not only with the Clarity Act’s ethics provisions as they currently stand, but also with several other areas of the bill, including its illicit finance and conflicts of interest provisions.

The bill’s path to 60 votes remains challenging.

[Brian Armstrong @brian_armstrong]

The Clarity Act is ready for a full Senate floor vote.

The bill represents a true bipartisan compromise with thousands of hours of work on both sides, and it couldn't come at a better time. The status quo in the U.S. isn't working. There's no federal framework, so bad actors like FTX can harm U.S. customers and much of the industry has gone offshore totally outside U.S. purview. This bill fixes that with strong consumer protections, real tools for law enforcement, and a path for America to lead in this industry.

Crypto can't be uninvented at this point, so whether you love crypto or hate crypto, you should want clear federal laws. And it's also simply good politics: 70% of American voters say the U.S. should have already passed comprehensive crypto legislation.

Let's finish this!

Special thanks to the @standwithcrypto members who sent 950k contacts to their representatives in congress. Keep it up.

[Senator Cynthia Lummis @SenLummis]

History will remember this as the moment a president chose a higher standard of ethics than the law required of him. This agreement bans ALL federal officials — including the President — from issuing or sponsoring a digital asset for profit, with real enforcement and real penalties.

Thank you, @POTUS! Let's get the Clarity Act passed NOW.