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Belo Horizonte to Become ‘Bitcoin Capital’ With New Bill


The city of Belo Horizonte has turned into a bitcoin capital after lawmakers passed a new bill that seeks to transform it into an innovation hub for crypto and bitcoin companies. The bill, which was passed on Wednesday amid a heated argument between lawmakers, establishes incentives for businesses...

North Carolina Eyes 10% of Public Funds for Bitcoin Reserve Under New Bill


The U.S. state of North Carolina may allocate up to 10% of public funds to bitcoin, aiming to establish a strategic reserve and embrace cryptocurrency as part of its financial strategy. North Carolina’s Senate Bill 327 Seeks to Invest 10% of Public Funds in Bitcoin North Carolina lawmakers...

Russia’s New Bill Forces Banks and Merchants to Embrace Digital Ruble


Russia is set to make the digital ruble mandatory for banks and large merchants by 2025, pushing widespread adoption through universal QR code payments. Russia Moves to Mandate Digital Ruble for Banks and Merchants A bill has been introduced to Russia’s State Duma that seeks to make the use of...

Ohio Senator Pushes for Cryptocurrency Tax Payments With New Bill


Ohio State Senator Niraj Antani has introduced a bill to legalize cryptocurrency payments for state and local taxes. Emphasizing the importance of cryptocurrency in the present economy, the bill requires Ohio to accept digital currencies like bitcoin and allows state retirement systems to invest...

New Bill Seeks Collaboration Between SEC and CFTC on Digital Assets


A U.S. congressman has introduced the Bridging Regulation and Innovation for Digital Global and Electronic Digital Assets Act (BRIDGE Act), aimed at improving collaboration between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) on digital asset...

U.S. Senators Lummis, Gillibrand Take on Stablecoin Legislation With New Bill


U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) are taking another swing at crypto-specific legislation, with a narrowly tailored bill seeking to define how stablecoins – cryptocurrencies that maintain a value with some other asset, like the U.S. dollar – will operate in...

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