Search

Nalezeno "act": 1119

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....

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,”...

US House Financial Services Committee Passes Stablecoin Legislation ‘After a Few Fireworks’

28.7.2023
The U.S. House Financial Services Committee has passed Chairman Patrick McHenry’s Clarity for Payment Stablecoins Act with bipartisan support. McHenry said committee members, unlike the White House, understood the urgency and importance of providing clarity for payment stablecoins. Sheila...

'Historic week' as stablecoin, self-custody bills advance to House floor

28.7.2023
The bills aim to create a regulatory framework for payment stablecoins and enshrine rights for crypto users to self-custody digital assets

Mining Bitcoin Is an Act of Freedom

27.7.2023

House Financial Services Committee Votes in Favor of Crypto, Blockchain Bills

27.7.2023
The House Financial Services Committee advanced a set of crypto bills after a landmark markup on Wednesday

US crypto's future could fall on these 4 digital asset bills

25.7.2023
The crypto bills could hand power to the purportedly more crypto-friendly CFTC and better define the SEC’s jurisdiction

Bitcoin ETFs Can ‘Act as a Gateway to Crypto for Many’ — Mintlayer CEO Enrico Rubboli

22.7.2023
According to Enrico Rubboli, the CEO of Mintlayer, Bitcoin exchange-traded funds (ETFs) can potentially act as “a gateway to crypto” for users who are likely to eventually show greater interest in the underlying asset. Rubboli argued that while bitcoin maximalists may view Blackrock...

US House Republicans Introduce Landmark Bill for Regulating Crypto: The Financial Innovation and Technology for the 21st Century Act

21.7.2023
On Thursday, Senior House Republicans presented legislation to resolve the regulatory ambiguity surrounding the digital asset industry. The proposed bill calls for mandatory definitions of "blockchain" and "digital asset" to be included within the existing financial laws by market regulators....

EU's Data Act Final Draft Still Contains Controversial Smart Contract Kill Switch

17.7.2023
Lawmakers appear to have largely ignored pleas from organizations linked to Polygon, NEAR and Cardano about the kill-switch, according to a final version of the text seen by CoinDesk

Report: Zimbabwe Central Bank Begins Gold-Backed Digital Currency ‘Dry Run’

8.7.2023
According to a report, the Reserve Bank of Zimbabwe has commenced trials, or the “dry run” test, for the viability of launching a gold-backed digital currency. Nelson Mupunga, the director of economic research at the central bank, reportedly said the digital currency will act as...

Saxo Bank Ordered to Liquidate Its Portfolio of Crypto Assets by Danish Financial Regulator

6.7.2023
According to a July 4, 2023 press release from the Danish Financial Supervisory Authority, Denmark’s Saxo Bank has been instructed to liquidate its holdings of cryptocurrency assets. The financial regulator maintains that Saxo Bank’s portfolio of crypto assets falls “outside...

US Representative Warren Davidson: ‘CBDC Corrupts Money Into a Tool for Coercion’

5.7.2023
Warren Davidson, U.S. representative and part of the House Committee on Financial Services, has disregarded issuing a central bank digital currency (CBDC) in the country. Davidson explained that CBDCs corrupt money into a “tool for coercion” and detailed that there was no legal way...

EU finalizes Data Act with a kill switch for smart contracts: Law Decoded, June 27–July 3

3.7.2023
European Union lawmakers have agreed to move ahead with the controversial European Data Act, which has previously drawn criticism from the crypto community

EU finalizes controversial smart contract kill switch rules under Data Act

28.6.2023
The Data Act was first proposed in early 2022 and passed by the European parliament on March 14

Circle CEO Jeremy Allaire: ‘Other Governments Are Regulating Digital Dollars Before the US’

26.6.2023
Jeremy Allaire, CEO of Circle, the company behind the issuance of usd coin (USDC), has expressed his worries about the state of stablecoin regulation in the U.S. In a congressional hearing, Allaire stated that other governments were already regulating the issuance of digital dollars (dollar-backed...

Tanzanian Central Bank Says Quoting Prices in Foreign Currency Against the Law

24.6.2023
The Bank of Tanzania (BOT) has reiterated that shillings remain the East African country’s sole legal tender. The apex bank said residents quoting prices in foreign currency or those refusing payment in Tanzanian shillings are in violation of the Bank of Tanzania Act 2006. The central bank...