The post Senate, IRS, and SEC Present Key Crypto Regulatory Updates appeared on BitcoinEthereumNews.com. Timothy Morano Nov 29, 2025 02:13 The U.S. Senate, IRS, and SEC have unveiled significant developments affecting the cryptocurrency market, including a market structure draft, staking tax guidance, and a project focusing on crypto framework. The cryptocurrency sector is witnessing substantial regulatory shifts as the U.S. Senate, the Internal Revenue Service (IRS), and the Securities and Exchange Commission (SEC) introduce new frameworks and guidelines. These developments aim to streamline the rapidly evolving digital asset landscape, according to a16z crypto Regulatory Team. Senate’s Market Structure Draft The U.S. Senate Committee on Agriculture, Nutrition, and Forestry, led by Chairman John Boozman and Senator Cory Booker, unveiled a bipartisan draft for digital asset market structure legislation. This draft aims to establish a comprehensive framework to govern the trading and regulation of digital assets, addressing the concerns of both market participants and regulators. IRS Guidance on Staking In a notable move, the IRS issued a revenue procedure outlining a safe harbor for trusts engaged in digital asset staking. This guidance allows qualifying investment trusts to stake their digital assets without compromising their tax status, providing much-needed clarity to stakeholders involved in staking activities. SEC’s ‘Project Crypto’ Framework SEC Chairman Paul S. Atkins presented the commission’s approach to digital assets through ‘Project Crypto.’ This initiative focuses on defining a clear token taxonomy, reassessing the application of the Howey Test to recognize the conclusion of investment contracts, and delineating implications for innovators and investors. The framework also identifies three non-security token categories: digital commodities, digital collectibles, and digital tools. Additional Regulatory Developments Beyond these federal initiatives, various regulatory bodies have been active. The Commodity Futures Trading Commission (CFTC) discussed its Crypto Sprint, while the Department of Justice (DOJ) reported on multiple enforcement actions against illicit activities involving cryptocurrencies,… The post Senate, IRS, and SEC Present Key Crypto Regulatory Updates appeared on BitcoinEthereumNews.com. Timothy Morano Nov 29, 2025 02:13 The U.S. Senate, IRS, and SEC have unveiled significant developments affecting the cryptocurrency market, including a market structure draft, staking tax guidance, and a project focusing on crypto framework. The cryptocurrency sector is witnessing substantial regulatory shifts as the U.S. Senate, the Internal Revenue Service (IRS), and the Securities and Exchange Commission (SEC) introduce new frameworks and guidelines. These developments aim to streamline the rapidly evolving digital asset landscape, according to a16z crypto Regulatory Team. Senate’s Market Structure Draft The U.S. Senate Committee on Agriculture, Nutrition, and Forestry, led by Chairman John Boozman and Senator Cory Booker, unveiled a bipartisan draft for digital asset market structure legislation. This draft aims to establish a comprehensive framework to govern the trading and regulation of digital assets, addressing the concerns of both market participants and regulators. IRS Guidance on Staking In a notable move, the IRS issued a revenue procedure outlining a safe harbor for trusts engaged in digital asset staking. This guidance allows qualifying investment trusts to stake their digital assets without compromising their tax status, providing much-needed clarity to stakeholders involved in staking activities. SEC’s ‘Project Crypto’ Framework SEC Chairman Paul S. Atkins presented the commission’s approach to digital assets through ‘Project Crypto.’ This initiative focuses on defining a clear token taxonomy, reassessing the application of the Howey Test to recognize the conclusion of investment contracts, and delineating implications for innovators and investors. The framework also identifies three non-security token categories: digital commodities, digital collectibles, and digital tools. Additional Regulatory Developments Beyond these federal initiatives, various regulatory bodies have been active. The Commodity Futures Trading Commission (CFTC) discussed its Crypto Sprint, while the Department of Justice (DOJ) reported on multiple enforcement actions against illicit activities involving cryptocurrencies,…

                                                                               Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle.                     Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more