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2025-06-12

02:43

Republican senators consider setting SALT cap in Trump tax law

Jin10 Data reported on June 12 that a key Republican negotiator indicated that Republican senators are considering setting a $30,000 cap on State and Local Tax (SALT) deductions as a compromise between the current law and the more generous limits in the House version of the Trump tax law. Moderate Republican Senator Thom Tillis, who is involved in the negotiations, stated that Republican senators are trying to reduce the $40,000 SALT cap passed by the House to at least $30,000.

TRUMP1.44%

00:14

US Senator Cynthia Lummis: The legislative window for encryption is shrinking, but some bills may still be passed this year.

U.S. senators say that 2024 will be the time window for encryption legislation to pass, and some bills may still be passed this year. Senators are calling for more support for the encryption industry's interests from the Republican Party than the Democratic Party, and may establish a digital asset subcommittee to promote the passage of relevant legislation.

BTC-0.91%

2025-05-21

12:01

The Speaker of the U.S. House of Representatives stated that an agreement has been reached on the $40,000 cap for state and local tax deductions.

U.S. House Republican Speaker Johnson stated that a consensus has been reached to raise the State and Local Tax (SALT) deduction to $40,000, addressing one of the issues that hindered Trump's economic plan. The $40,000 SALT cap will be gradually eliminated, which is considered a significant step forward.

22:13

Financial Institution is accelerating exploration of BTC collateralized loans, and its rise is rapid

Ledn platform processed approximately $1.16 billion in cryptocurrency loans, with the majority coming from financial institutions. The BTC collateralized loan market is currently around $8.5 billion and is expected to grow to $45 billion by 2030. With more regulated cryptocurrency custodians entering the market, the field is rapidly developing.

BTC-0.91%

ARCH1.14%

2024-11-12

02:45

$CHZ price pump 5.38%, its founder hinted in a post that there will be a SALT airdrop next year. gate News: Chiliz founder Alexandre Dreyfus wrote on X, "If you like the PEPPER Token Airdrop in the Chiliz ecosystem, then the SALT Airdrop in 2025 is also worth looking forward to." After the announcement, the $CHZ price rose by more than 5%. gate data shows that the price of $CHZ has pumped by 5.38% in the past 24 hours, with the current price at $0.7134, Market Cap$$645.73M, and 24-hour volume at $11.82M.

CHZ-1.96%

X-1.95%

2024-10-12

06:52

On-chain venture capital platform Fission Labs completes $1.6 million Pre-Seed round of financing.

Fission Labs raised $1.6 million in Pre-Seed round led by SALT Fund and Kraynos Capital, with the participation of Anthony Scaramucci, founder of SkyBridge. Fission Labs intends to bring venture capital into on-chain Decentralized Finance applications, launching a testnet on the Ethereum network to support investment and trading of Token supported by private sale equity.

Republican senators consider setting SALT cap in Trump tax law

US Senator Cynthia Lummis: The legislative window for encryption is shrinking, but some bills may still be passed this year.

The Speaker of the U.S. House of Representatives stated that an agreement has been reached on the $40,000 cap for state and local tax deductions.

Financial Institution is accelerating exploration of BTC collateralized loans, and its rise is rapid

On-chain venture capital platform Fission Labs completes $1.6 million Pre-Seed round of financing.

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