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Tanzeel Akhtar

US Crypto Oversight, California Billionaire Tax Proposal and Key Legal Shifts Shape 2026 Outlook

As 2026 begins, US crypto policy is being reshaped by congressional oversight moves, state-level tax proposals and court decisions affecting industry participants. Lawmakers are pressing the SEC over its enforcement posture, California's planned billionaire tax has triggered fears of a high‑net‑worth exodus, and a federal judge has dismissed a lawsuit targeting Mark Cuban over Voyager promotions. These developments, along with scrutiny of a Trump-linked crypto firm's auditor and the retirement of senior SEC official Cicely LaMothe, underscore the regulatory uncertainty facing digital asset businesses and investors.
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