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The FIT Act Is the Most Comprehensive Crypto Regulation Ever Voted on by Congress

16.8.2023

US House Democratic coalition creates AI working group

16.8.2023
Representative Derek Kilmer will chair the Artificial Intelligence Working Group, which is aimed at introducing “sensible, bipartisan” policies for AI technology

Crypto Mining Gets Its Own Lobbying Voice in Washington

15.8.2023
Crypto miners are establishing a new voice in U.S. policy, starting up the Digital Energy Council to lobby for friendly policy as regulators and Congress are wrestling with the next steps in crypto regulation

Brazil's Congress moves to levy higher taxes on cryptocurrencies

12.8.2023
If approved, the legislation would place crypto assets held by Brazilians overseas subject to the same tax rules governing traditional assets

Congresswoman Maxine Waters Criticizes PayPal's Entry into Dollar-Pegged Stablecoin Arena Without Federal Regulatory Approval

10.8.2023
On Wednesday, Democratic Congresswoman Maxine Waters (D-CA) criticized PayPal's launch of its new dollar-backed stablecoin, PYUSD, as she believed the company should have waited for federal regulatory approval before proceeding. "I am deeply concerned that PayPal has chosen to launch...

US Representative Patrick McHenry: Stablecoins ‘Hold Promise as a Pillar of Our 21st-Century Payments System’

8.8.2023
Representative Patrick McHenry, chairman of the House Financial Services Committee, weighed in positively on the launch of PYUSD, a dollar-pegged stablecoin issued by Paypal, a U.S.-based payments company. McHenry stated that if properly regulated, stablecoins “hold promise as a pillar of...

Congress, Not the SEC, Should Set U.S. Digital Asset Policy

7.8.2023

Poll: Majority of Americans See US Economy in Decline

3.8.2023
Despite months of increasingly positive economic indicators, a majority of Americans still believe the economy is worsening, according to a new CNN poll. CNN Poll Reveals Majority See Worsening Economy The survey of 1,279 adults found that 51% think the U.S. economy remains in a downturn that...

Is Sam Bankman-Fried Going to Jail?

3.8.2023
Federal prosecutors said they were “seeking detention” for Sam Bankman-Fried, asking a judge to revoke his bond after he shared documents with the New York Times that they allege were meant to harass a fellow executive from the FTX empire and potentially influence her testimony

Don’t Pop the Champagne on U.S. Crypto Bills – Progress in Congress Has Been Costly

1.8.2023
The crypto industry has never made it this far in its quest for a new system of U.S. oversight for digital assets, but the recent flurry of legislative progress may still be too contentious for it to become law

US Congress reviews crypto bill, will regulatory clarity boost DeFi & pump QUBE to the moon?

1.8.2023
As the US Congress turns its attention to the regulation of cryptocurrencies, stakeholders across the globe are watching closely. The introduction of clear legal guidelines could drastically shift the landscape of this dynamic sector. Amidst this anticipation, one project is capturing the attention...

4 Crypto Bills Pass US House Committee

1.8.2023
The U.S. House Financial Services Committee has passed four crypto bills. “Congress is asserting its authority to design a regulatory framework, rather than allowing overzealous federal agencies to fill the gap with enforcement actions,” said the CEO of Blockchain Association. US House Committee...

First major success in US Congress for two crypto bills: Law Decoded

31.7.2023
In a 35–15 vote, the House Financial Services Committee approved the Financial Innovation and Technology for the 21st Century Act

US Representatives Bilirakis and Schakowsky Inquire About Apple’s Policies on Blockchain and NFTs

30.7.2023
Representatives Gus Bilirakis and Jan Schakowsky, part of the House Innovation, Data, and Commerce Subcommittee, have sent a letter to Apple requiring information and documents regarding Apple’s iOS Appstore policies on blockchain, non-fungible tokens (NFTs), and distributed ledger...

US House Committee Passes ‘Keep Your Coins Act’ to Protect Right to Self-Custody Crypto

30.7.2023
The U.S. House Committee on Financial Services has passed the Keep Your Coins Act of 2023 to protect the self-custody of crypto. “Those attacking self-custody oppose individual freedom. They want someone they control to control your assets,” said Congressman Warren Davidson who introduced the bill....

Lawmakers probe Apple's App Store policies on blockchain, NFTs

29.7.2023
Their letter aimed to explore whether these guidelines might inadvertently hinder the progress and growth of cutting-edge innovations

US Lawmakers Advance ‘FIT for the 21st Century Act’ to Establish Crypto Framework

29.7.2023
U.S. lawmakers have advanced the Financial Innovation and Technology (FIT) for the 21st Century Act that establishes a regulatory framework for the crypto market. “Our bill establishes clear principles to ensure financial security and certainty as digital asset developers continue to innovate,”...