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White House Economist Warns China Wants to Weaken US Dollar’s Reserve Currency Status — Senator Says Biggest Threat Comes From Within
22.4.2023
In a congressional hearing, White House economist Jared Bernstein says there’s “some evidence” that China wants the U.S. dollar to lose its status as the world’s reserve currency. However, U.S. Senator Bill Hagerty stressed that the biggest threat to the USD dominance comes from within. China Wants...
‘Proof of Reserve’ bill passes in Texas House of Representatives
21.4.2023
Digital asset providers would be restricted from comingling customer funds with any other type of operational capital
House Lawmakers Rekindle Stablecoin Regulation Debate, Revealing Partisan Rifts
20.4.2023
Lawmakers in the US House of Representatives are again looking at regulations on stablecoins under new Republican leadership, but partisan differences and bickering between the two sides may delay the passing of any new law on the topic....
Read More: House Lawmakers Rekindle Stablecoin Regulation...
Democrats Blast Draft Stablecoin Bill in First 2023 Hearing on Issue
19.4.2023
Despite Republican House committee leaders publishing a draft bill and talking about progress, it hasn't been on the bipartisan level required for an eventual law, lawmakers said in a hearing Wednesday
SEC Chair Gensler Declines to Say if Ether Is a Security in Contentious Congressional Hearing
19.4.2023
Securities and Exchange Commission Chair Gary Gensler refused to say whether ether, the second-largest cryptocurrency by market cap, was a security during a nearly five-hour hearing Tuesday
What’s in the House Financial Services Committee’s Stablecoin Bill?
19.4.2023
The House Financial Services Committee has finally unveiled its stablecoin legislation, proposing a framework for stablecoin issuers such as Circle and Tether to define how their offerings can be regulated by state and federal entities, while calling for a temporary ban on algorithmic stablecoins
Speakers prepare to tell US House Financial Services Committee about stablecoins
18.4.2023
Five experts will testify at a hearing titled “Understanding Stablecoins’ Role in Payments and the Need for Legislation,” with two of them releasing their scripts in advance
US House committee chair repeatedly presses SEC chair: 'Is Ether a commodity or a security?'
18.4.2023
Securities and Exchange Commission chair Gary Gensler has said the SEC considers Bitcoin a commodity, but refused to pin down Ether at an oversight hearing
Congressional Republicans Criticize SEC Chair Gary Gensler's Crypto Approach Ahead of Hearing
18.4.2023
Republicans on the House Financial Services Committee sent a letter criticizing Securities and Exchange Commission Chair Gary Gensler and his repeated entreaties to crypto companies to "come in and register" moments before a congressional hearing on his agency
Video of SEC chair praising Algorand resurfaces after recently deeming it a security
18.4.2023
Members of the crypto community have called out the SEC Chairman for “shilling” Algorand
SEC Lays Its Cards on the Table With Assertion That DeFi Falls Under Securities Rules
17.4.2023
The U.S. Securities and Exchange Commission's (SEC) warning shot last week that decentralized finance (DeFi) could be thrown into its expanding definition of what makes a securities exchange is the latest move to formalize what Chairman Gary Gensler has been saying: Crypto belongs in the securities...
Sotheby's Auction House Revives Glitch Art Auction, New Gamer Uncovers $50,000 NFT
17.4.2023
Auction house Sotheby's has revived its “Glitch: Beyond Binary” NFT auction after facing backlash over lack of diversity with the initial launch.
The art sale will open on April 19 and feature 34 lots of digital art from different artists involved in the "glitch art" movement, the auction house...
U.S. Congress to introduce new draft bill for stablecoins
15.4.2023
Failure to register as a stablecoin issuer could result in up to five years in prison and a fine of $1 million. Issuers out of the United States would have to seek registration to operate in the country
US House Committee Publishes Draft Stablecoin Bill
15.4.2023
The stablecoin is the first major piece of crypto legislation in 2023
London Stock Exchange’s LCH SA to Clear Bitcoin Futures and Options on GFO-X Through New Service
13.4.2023
On April 13, 2023, the London Stock Exchange’s LCH division, a clearing house group serving major international exchanges and a wide range of over-the-counter (OTC) markets, announced its plans to offer clearing of bitcoin index futures and options contracts traded on GFO-X. Frank Soussan...
House of Lee touches over 10,000 mints
13.4.2023
Bruce Lee tragically left the world in 1973, leaving behind his family that now continues his legacy. There is a lot to talk about in that direction, but the focus, for now, is on the House of Lee. The NFT by the Lee Family in collaboration with Shibuya and pplpleasr. According to the announcement...
Montana ‘right to mine’ crypto bill passes the House
13.4.2023
The legislation has already passed through Senate voting in February and will now make it to the table of Governor Greg Gianforte
Bill limiting incentives for crypto miners passes Texas Senate, moves to House
12.4.2023
Senate Bill 1751 will next move to the Texas House of Representatives, which is scheduled to meet and discuss legislation on April 13
Google ChatGPT rival AI faces in-house resistance: Report
10.4.2023
A new report reveals that two former Google employees were vocal about their concerns for society over the release of the company’s new AI chatbot
Bill protecting Bitcoin mining rights passes in Arkansas Senate and House
8.4.2023
The Arkansas Data Centers Act is moving now to the governor's office for approval. It grants crypto miners in the State the same rights as data centers