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Arizona Senator Launches Bill to Make Bitcoin Legal Tender


A senator in the U.S. state of Arizona has introduced a set of cryptocurrency bills, one of which seeks to make bitcoin legal tender. “Centralized digital money controlled by the central bankers is slavery. Decentralized bitcoin is freedom,” the lawmaker said. Arizona Lawmaker Wants...

Central African Republic Sets Up Committee Tasked With Drafting Crypto Bill


The Central African Republic (CAR) president, Faustin-Archange Touadéra, recently said his government has established a 15-member committee tasked with creating a comprehensive legal framework that governs the use of cryptocurrencies. According to an official document issued by the CAR cabinet,...

Russia’s Crypto Mining Bill ‘Has Stalled,’ Says Finance Ministry


Russia’s crypto mining legalization bill has hit a last-minute obstacle, and the draft law’s progress has now “stalled,” the nation’s Ministry of Finance conceded. Per Finmarket, the nation’s Deputy Finance Minister Alexei Moiseev told reporters on Wednesday that the long-awaited bill – which...

Bill Gates Props Up AI Against Metaverse and Web3 Tech


Bill Gates, the co-founder of Microsoft, has given his opinion about the relevance of Web3, metaverse, and AI (artificial intelligence), a set of technologies in development today. Gates stated that AI was “the big” revolutionary technology that is comparable to what the internet was...

Bill on Digital Ruble Submitted to Russian Parliament


A draft law devoted to the digital ruble has been filed with the State Duma, the lower house of Russian parliament. The legislation introduces rules determining how the new form of national fiat will be issued and amends a series of legal acts to facilitate its implementation. Bank of Russia to...

US Government Delays Tax Reporting Rules for Cryptocurrency Brokers


The enforcement of a requirement for brokers to report gains made by crypto investors has been postponed by the U.S. Treasury Department and the IRS. The new tax rules, incorporated into the $1 trillion infrastructure bill passed by the U.S. Congress in 2021, were to be imposed in 2023. Crypto...

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