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Rep. Maxine Waters Ushers In Stablecoin Bill Ahead of Thursday House Hearing
17.5.2023
Rep. Maxine Waters is ushering in a draft bill to regulate stablecoins ahead of a House hearing this week.
The California Democrat’s draft bill would “provide requirements for payment stablecoin issuers, research on a digital dollar, and for other purposes,” according to a committee memo...
CBDCs Banned in Florida as Governor Ron DeSantis Signs New Bill
13.5.2023
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...
Governor Ron DeSantis Signs Bill Prohibiting Use of Central Bank Digital Currencies in Florida
13.5.2023
On Friday Florida’s governor Ron DeSantis signed legislation that bans the use of a central bank digital currency (CBDC) in the state. Following the bill SB 7054 being signed into law, Florida’s Uniform Commercial Code (UCC) now explicitly forbids the use of a federally adopted CBDC as money....
US lawmakers target perceived risks of crypto adoption in El Salvador with reintroduced bill
12.5.2023
The legislation appeared to be another attempt at the Accountability for Cryptocurrency in El Salvador Act, originally introduced after the country's Bitcoin Law was enacted
House Democrats Consider New Stablecoin Bill Proposal: Source
12.5.2023
House Democrats on the Financial Services Committee are considering a new version of proposed stablecoin bill weeks after Republicans on the committee introduced their own discussion draft
Florida governor signs CBDC bill into law, restricting some uses of US and foreign CBDCs
12.5.2023
The new law, signed by Governor Ron DeSantis, also urges other states to take action against the potential introduction of CBDCs through their commercial codes
Texas votes to add crypto into state’s bill of rights
12.5.2023
Texas lawmakers vote to add digital currency to the state's Bill of Rights, granting individuals the right to use digital currencies like Bitcoin for trading
Alameda’s $38B IRS bill, Do Kwon kicked in the assets, Milady frenzy: Asia Express
12.5.2023
IRS wants $38B in unpaid taxes from Alameda, Milady token surges 3,000%, restraining order for Arthur Hayes over 3AC “threatening” words
Texas Lawmakers Vote To Cement Digital Currencies in Lone State’s Bill of Rights
11.5.2023
Texas lawmakers voted almost unanimously to change the state’s bill of rights to include the right of its residents to own, hold and use digital currency.
The joint resolution was passed through a 139-2 vote on Wednesday....
Read More: Texas Lawmakers Vote To Cement Digital Currencies in Lone...
Today in Crypto: NY Proposes Bill to Allow Stablecoin Payments for Bail Bonds, Franklin Templeton Plans Second Blockchain Fund, Circle Won't Hold Treasurys Past June, Bittrex Allowed to Borrow $7M
11.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: NY Proposes Bill to Allow Stablecoin Payments for Bail Bonds, Franklin Templeton Plans Second Blockchain...
Fiat-backed stablecoins could be used to post bail in New York under proposed bill
11.5.2023
A New York lawmaker has introduced a new bill that proposes to allow certain stablecoins to be accepted as payment for bail
Republican House Majority Whip Alleges Secret Democratic Backing for CBDC Bill
9.5.2023
Tom Emmer, the Republican Party whip in the US House of Representatives, has claimed that some Democrats secretly supports his anti-central bank digital currency (CBDC) bill.
According to Emmer, many members of Congress are opposed to introducing a CBDC in the US, with many of them being worried...
Ripple CEO Says Company Spends $200 Million Fighting SEC Lawsuit Over XRP, Ruling Could Come in 3 Months
9.5.2023
Ripple CEO Brad Garlinghouse has revealed that his company is spending $200 million defending itself against the SEC in its lawsuit over xrp. The executive expects a decision on the lawsuit in three to six months. “If we win the lawsuit, it’ll be clear what xrp is, but the rest of...
Billionaire Bill Ackman on US Banking Crisis: We Are Running Out of Time to Fix This Problem
7.5.2023
Billionaire Bill Ackman has warned that “We are running out of time” to fix the problem that led to the collapses of regional banks. “How many more unnecessary bank failures do we need to watch before the FDIC, U.S. Treasury, and our government wake up?” he stressed, adding that “We need...
Texas House Advances Gold-Backed Digital Currency Bill
6.5.2023
Texas has taken its first steps in order to approve a bill that would issue a 100% gold-backed digital currency. If enacted as law, the bill, which is being discussed by a Texas House committee, would create an electronic system for users to transact and pay with this digital currency and would...
Sen. Warren Plans To Reintroduce Crypto Bill To Crack Down on National Security Risks
5.5.2023
Democratic Sen. Elizabeth Warren has plans to reintroduce a cryptocurrency bill to crack down on money laundering and terrorist financing.
The long-standing crypto critic said she planned to reintroduce that legislation during a Senate Armed Services Committee hearing on Thursday....
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NY Attorney General Proposes Bill To Rein In Cryptocurrency Industry
5.5.2023
New York Attorney General Letitia James proposed legislation that would require refunds of customers and audits of cryptocurrency exchanges in her latest move to rein in the industry.
James’ program bill proposes the “strongest and most comprehensive set of regulations on cryptocurrency in...
Montana governor signs pro-cryptocurrency mining bill into law
4.5.2023
The legislation included revisions to laws aimed at prohibiting discriminatory electrical rates for mining firms, and not allowing taxation for crypto used as a method of payment
North Carolina House Passes Bill Banning State Agencies From Accepting CBDCs
4.5.2023
The North Carolina House of Representatives passed a bill that would ban state agencies from accepting payments in central bank digital currencies.
Lawmakers passed that bill 118-0 on Wednesday.
The bill would encompass “any institution, bureau, board, commission, officer, or political...
North Carolina House passes bill banning CBDC payments to the state
4.5.2023
The latest version of the legislation included limiting the Federal Reserve from using the U.S. state as a potential testing ground for its own CBDC pilot