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Senate Coalition Grows to Crack Down on Crypto’s Use in Illicit Finance


U.S. Senator Elizabeth Warren’s bill to crack down on crypto’s use in illicit finance has gained more support among lawmakers. “The Treasury Department is making clear that we need new laws to crack down on crypto’s use in enabling terrorist groups, rogue nations, drug lords...

U.S. Congress Excludes Crypto Provisions in Final Defense Bill


U.S. Congress released the National Defense Authorization Act for 2024 this week, but failed to include crypto provisions in the critical piece of legislation. A “must-pass” bill The National Defense Authorization Act for the Fiscal Year of 2024, or FY24 NDAA, missed the boat in regards...

House Committee Unanimously Passes Pro-Blockchain Bill


The House Committee on Energy has voted unanimously to approve a new piece of legislation entitled the “Deploying American Blockchains Act.” What the bill entails According to the brief, the bill would “direct the Secretary of Commerce to promote the competitiveness of the United States related to...

Mexican Senator Kempis Faces Opposition Over Bitcoin Bill


Long-time tech and blockchain advocate Mexican Senator Indira Kempis said that her Bitcoin (BTC) bill is seeing more positive attention but is also facing increasing opposition. Kempis proposed a central bank digital currency (CBDC) last year, which now also includes accepting bitcoin as legal...

Argentina’s Central Bank Kicks off Efforts Toward Digital Peso Bill


Much has been said about the potential Central Bank Digital Currency (CBDC) of Argentina in recent times following a suggestion by Economic Minister Sergio Massa to utilize the technology for fiscal growth.  The Central Bank of Argentina has revealed plans to push for the implementation of...

Nine Senate Dems Drum Support for Warren’s Crypto Bill


Senator Elizabeth Warren has garnered further support in the Senate for her soon-to-be-released Digital Asset Anti-Money Laundering Bill. This is contained in a press release from Warren's office. According to the document, nine democratic senators have pitched their tents with Warren.  The...

Senator Elizabeth Warren’s Crypto Bill Gains Support Among US Lawmakers


Nine U.S. lawmakers have thrown their support behind the Digital Asset Anti-Money Laundering Act, recently reintroduced in Congress by Senators Elizabeth Warren, Roger Marshall, Joe Manchin, and Lindsey Graham. Experts have warned that this crypto bill is the most direct attack on the privacy...

Circle CEO Allaire Puts Pressure on House Lawmakers To Pass a Stablecoin Bill


The CEO of stablecoin issuer Circle put the pressure on lawmakers to pass a stablecoin bill and get it signed by President Joe Biden as other countries forge ahead. Delivering a stablecoin bill to “President Biden’s desk should be a national priority,” said CEO Jeremy Allaire in his prepared...

Texas Lawmakers Pass Proof-of-Reserves Cryptocurrency Bill


The Texas legislature passed a bill this week requiring cryptocurrency exchanges to provide a “proof of reserves,” the latest move by the lone star state.  HB-1666, co-sponsored by state Republicans Rep. Giovanni Capriglione and Sen. Tan Parker, applies to digital asset service providers that...

CBDCs Banned in Florida as Governor Ron DeSantis Signs New Bill


Florida Governor Ron DeSantis has signed a new bill banning central bank digital currencies (CBDCs) in the state.  The bill, dubbed SB-7054, bans the use of a CBDC as money within the state of Florida. It also prohibits the use of CBDCs issued by other governments and calls on other states to...

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