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Rep. Patrick McHenry Indicates Progress on Stablecoin Legislation Before Election

21.3.2024
U.S. House Financial Services Committee Chair Rep. Patrick McHenry hints at possible advancements in stablecoin legislation, indicating potential progress before the upcoming election day. The post Rep. Patrick McHenry Indicates Progress on Stablecoin Legislation Before Election appeared first...

Bitcoin Mining Not A Threat to Public Safety – Rep Emmer Criticizes OMB’s Abuse of Power

23.2.2024
United States lawmaker Tom Emmer has criticized the Office of Management and Budget’s (OMB) decision to approve the Energy Information Administration (EIA) request to collect data on Bitcoin (BTC) mining firms. The post Bitcoin Mining Not A Threat to Public Safety – Rep Emmer Criticizes...

Blockchain Basics Act Reaches Tennessee, 16 Legislatures Working on Similar Bills

5.2.2024
The Blockchain Basics Act, a bill that seeks to secure the rights of state citizens regarding cryptocurrency ownership, self-custody, and mining, has reached Tennessee. The bill, supported by the Satoshi Action Fund, was introduced to the State House by Rep. Kevin Vaughan and simultaneously to...

US Representative French Hill Optimistic on Progress of Crypto Legislation

31.1.2024
During a panel discussion at the recent Foundation for Defense of Democracies event, Arkansas Republican French Hill shared a positive update on the trajectory of the Financial Innovation and Technology for the 21st Century Act and the Clarity for Payment Stablecoins Act. US Representative French...

Rep. French Hill Voices Optimism for Crypto Legislation Progress in 2024

30.1.2024
U.S. House Representative and Financial Services Subcommittee on Digital Assets Chair French Hill (R-AR) has voiced optimism about the progress of cryptocurrency legislation in 2024. During an event hosted by the Foundation for Defense of Democracies on Jan. 29, Hill discussed the crypto...

Democrat Rep. Maxine Waters Raises Concerns Over Meta’s Continued Crypto Ventures

23.1.2024
Rep. Maxine Waters has expressed significant concerns over Meta’s continued involvement in the digital asset sector. In a detailed letter addressed to Meta CEO Mark Zuckerberg and COO Javier Olivan, the California Democrat, known for her critical stance on Meta’s previous cryptocurrency...

Cryptocurrency Rights Bill Lands in Indiana

15.1.2024
Indiana is adding its name to the list of states that intend to guarantee the cryptocurrency rights of its citizens. A cryptocurrency bill that guarantees the non-intervention of the state government of Indiana in cryptocurrency self-custody, mining, validation, and other issues was recently...

Luetkemeyer’s Exit Sets Up Potentially Crypto-Friendly Turn in House Banking Committee

8.1.2024
Rep. Blaine Luetkemeyer’s retirement at the end of 2024 opens the door for a new era in cryptocurrency regulation, with Rep. French Hill (R-Ark.) poised to lead the charge in the House Financial Services Committee. Shift in House Financial Services Committee Leadership Could Lead to More...

‘Blockchain Basics Act’ Introduced in Missouri Takes the Bitcoin Regulation Battle to State Level

6.1.2024
The Blockchain Basics Act, introduced recently into the Missouri State House, seeks to guarantee crypto-related rights, including self-custody, transacting, mining, and staking, to the state’s people. Proposed by Rep. Phil Christofanelli, the bill aims to take the crypto legislation fight...

Rep. French Hill Estimates Crypto Legislation to Pass in Early 2024

1.12.2023
Representative French Hill, vice-chairman of the House Financial Services Committee, stated intent to bring two crypto regulation bills to the floor and pass them in early 2024. Hill told CNBC that Congress wants to give the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures...

Rep. Tom Emmer proposes to defund SEC’s crusade against crypto

9.11.2023
Rep. Tom Emmer added a provision in the House GOP spending bill that would block the SEC from using government funds to pursue crypto companies until Congress weighs in on who has jurisdiction over crypto

SEC Faces Criticism from Democrat Lawmaker Over Handling of Crypto Accounting Bulletin

3.11.2023
The US Securities and Exchange Commission (SEC) is under scrutiny after Democratic lawmaker Rep. Wiley Nickel from North Carolina criticized the agency’s management of a controversial bulletin concerning the accounting of companies’ crypto holdings. Rep. Nickel has voiced concerns about...

Crypto Advocate Rep. Tom Emmer Enters House Speaker Contest with Eight Competitors

24.10.2023
U.S. Representative Tom Emmer, a Republican from Minnesota known for his support of cryptocurrencies and criticism of regulators, has announced his bid for House Speaker. Emmer is one of nine candidates vying for the position, which also include Representative Byron Donalds from Florida...

Crypto-friendly Rep. Tom Emmer pursues nomination for House speaker

21.10.2023
Tom Emmer has been "making calls" to secure a nomination for the Speaker role, and it could be a boon for the crypto sector if he were to be voted in

Pennsylvania Rep Revises Energy Bill, Drops Crypto Mining Ban

18.10.2023
Greg Vitali, a member of Pennsylvania’s House of Representatives, has revised an energy conservation bill in the state, opting to drop a proposed two-year ban on crypto mining permits. The initial Cryptocurrency Energy Conservation Act, introduced by Vitali, included the mining ban as a response...