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Hong Kong Passes Landmark Stablecoin Bill, Reshaping Digital Finance


Hong Kong just turbocharged its digital finance ambitions, locking in a game-changing stablecoin law that mandates licenses, enforces full compliance, and ignites the city’s crypto leadership. Hong Kong Enacts Licensing Law for Stablecoin Issuers, Ushering in New Era for Crypto Assets The Hong Kong...

US lawmaker reintroduces bill amid pushback on Trump's crypto ties


A Democratic representative in the US Congress will support a blockchain bill at a time when many left-leaning lawmakers are blocking crypto-related pieces of legislation due to concerns with President Donald Trump’s potential conflicts of interest.In a May 21 notice, Minnesota Representative...

Texas House passes strategic Bitcoin reserve bill


The Texas House of Representatives has passed the third reading of SB 21, a bill that seeks to establish a strategic Bitcoin reserve in the state. The bill passed in a 101-42 vote and will now go to Texas Governor Greg Abbott to either sign into law or veto.SB 21, authored by state Senator Charles...

Bitwise CIO: Stablecoin Bill May Spark Multi-Year Crypto Bull Run 


A Senate vote to advance a bill regulating stablecoins is being hailed as a pivotal moment for the cryptocurrency industry. Bitwise’s Matt Hougan Says GENIUS Act Lays Groundwork for Institutional Adoption Hougan’s latest analysis explained that the U.S. Senate voted 66–32 on Monday to move...

Hong Kong passes stablecoin bill, set to open licensing by year-end


Hong Kong’s Legislative Council has passed the Stablecoin Bill, paving the way for a regulated framework that could position the region as a global leader in digital assets and Web3 development. In a May 21 post on X, Legislative Council member Johnny Ng Kit-Chong said the bill passed...

Russia Prepares Bill to Streamline Confiscation of Digital Assets


Russia is preparing a bill that would specify the requirements and procedures for the confiscation of digital assets, taking into account the specific circumstances surrounding these actions. The Russian Ministry of Justice emphasized that anonymity and the lack of centralized control over these...

Trump signs bill criminalizing nonsensenual AI deepfake porn


US President Donald Trump has signed a bill criminalizing nonconsensual artificial intelligence-generated deepfake porn, which also requires websites to take down any illicit images within 48 hours.Trump signed the bill into law on May 19, known as the TAKE IT DOWN Act, an acronym for Tools...

US Senate moves forward with GENIUS stablecoin bill


The US Senate has voted to advance a key stablecoin-regulating bill after Democrat Senators blocked an attempt to move the bill forward earlier in May over concerns about President Donald Trump’s sprawling crypto empire.A key procedural vote on the Guiding and Establishing National Innovation...

Trump’s ‘Big, Beautiful Bill’ Could Push Millions to Crypto


If Trump’s bill is passed as it stands, it would introduce a 5% tax on remittances affecting over 40 million people. Analysts warn that this could spur the use of alternative options, such as crypto, to ensure these funds reach their destination while avoiding the proposed tax. ‘Big...

US Senate will pass Stablecoin bill — Digital Chamber chief


The stalling of key stablecoin legislation in the United States Senate was a minor setback, and the bill will pass in the coming weeks, said Cody Carbone, CEO of Digital Chamber, a Washington, DC,-based blockchain trade association and advocacy group.Speaking to Cointelegraph at Consensus 2025...

US Senate will pass Stablecoin bill — Digital Chamber chief


The stalling of key stablecoin legislation in the United States Senate was a minor setback, and the bill will pass in the coming weeks, said Cody Carbone, CEO of Digital Chamber, a Washington, DC,-based blockchain trade association and advocacy group.Speaking to Cointelegraph at Consensus 2025...

Stablecoin bill passes in Northern Marianas as House overrides veto


The Pacific US territory of the Northern Mariana Islands has passed a bill allowing its small constituent island of Tinian to launch a stablecoin, overriding an earlier veto by the territory’s governor.The 20-member Northern Mariana Islands House voted 14-2 to undo Governor Arnold...

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