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13:43
The U.S. House Ways and Means Committee Proposes Comprehensive Reform of Cryptocurrency Taxation Framework
BlockBeats News, June 5th, according to crypto journalist Eleanor Terrett's report, the U.S. House Committee on Ways and Means is circulating 7 draft discussion documents on digital asset taxation, aiming to comprehensively reform the U.S. cryptocurrency tax framework. The relevant topics cover stablecoin payments, small-value transaction tax exemptions, mining and staking income recognition, cryptocurrency lending, wash sale rules, charitable donation tax treatment, and a voluntary disclosure program for taxpayers with past reporting issues. The above-mentioned drafts are expected to feature prominently in this Tuesday's Ways and Means Committee cryptocurrency tax hearing.
13:39
Nasdaq 100 Index Declines by 1.5%
On June 5, the Nasdaq 100 index futures fell by 1.5%.
13:39
Goldman Sachs: Employment is Not an Issue, Iran War Will Determine Fed's Next Move
On June 5, Lindsey Rosner, head of multi-sector fixed income investment at Goldman Sachs Asset Management, commented on U.S. non-farm payrolls: Recent data indicates that we are increasingly confident that the Federal Reserve does not need to worry about labor market issues. The Fed will 'focus on inflation issues, and ultimately, the duration of this (Iran) war will determine the Fed's next actions.'
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