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Reintroduced Congressional Bill Would Call for Feds to Study Terrorist Uses for Crypto
27.4.2023
A bipartisan bill introduced simultaneously to the House and Senate would call for federal agencies to study the possible criminal uses for crypto, and provide a report with recommendations on how to address these concerns
South Korea’s sweeping crypto bill passes first regulatory hurdles
26.4.2023
Legislators in South Korea passed a first phase review of proposed cryptocurrency regulations that include relatively harsh sentencing recommendations
Bitcoin advocates rally at Texas State Capitol to oppose bill cutting mining incentives
25.4.2023
“When you target one industry the way they are with this bill, that’s bad policy no matter what the industry you’re targeting,” said Satoshi Action Fund CEO Dennis Porter
Draft bill suggests separating legislation on payment stablecoins and digital asset markets
24.4.2023
The draft bill no longer included aspects of an earlier version that included legislation of custodial service providers and algorithmic stablecoins, as well as a CBDC study
House Republicans Make Case on Stablecoin Bill After Democrats Called for Do-Over
24.4.2023
Republicans on the House Financial Services Committee are taking another swing at stablecoin legislation with a discussion draft revealed Monday afternoon, which may mark a new starting point for negotiations with Democrats
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
Arkansas Makes Gold, Silver Legal Tender; 23 States Involved in Similar Legislation to Establish US Dollar Alternatives
21.4.2023
A bill signed into law on April 11 has made gold and silver legal tender in the U.S. state of Arkansas, allowing citizens to use gold and silver coins to pay debts. The bill also clarifies that gold and silver “specie” (coins) will not be considered property for tax purposes,...
Crypto Lender Maple Finance Opens U.S. Treasury Bill Pool for Cash Management
19.4.2023
Maple’s new lending pool offers accredited investors, crypto firms and DAO treasuries a way to earn yield on their idle stablecoin holdings by investing in one-month U.S. Treasury bills
Crypto firm Mawson sells Texas sites for $8.5M ahead of vote on anti-mining bill
19.4.2023
A Singapore-based fund manager will purchase Mawson Infrastructure Group's Texas subsidiary and said it will participate in the state energy grid’s load response program
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
US Lawmaker Introducing Legislation to Remove SEC Chairman Due to ‘Long Series of Abuses’
19.4.2023
A U.S. lawmaker has announced that he is introducing legislation to remove the Securities and Exchange Commission (SEC) chairman in order to “correct a long series of abuses.” The SEC, under Chair Gary Gensler, has been heavily criticized for its enforcement-centric approach to regulating...
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
Draft U.S. Stablecoin Bill Shows Major Difference Between Stablecoins and CBDCs
17.4.2023
Elon Musk reaffirms AI's potential to destroy civilization
16.4.2023
Speaking about artificial intelligence's potential for civilizational destruction, Musk said, “Anyone who thinks this risk is 0% is an idiot.”
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
Arizona Governor Vetoes Bill to Limit Local Regulations and Taxes on Blockchain Node Operators
14.4.2023
Arizona Governor Katie Hobbs has vetoed legislation that would have barred municipalities from taxing cryptocurrency mining operations.
In a Wednesday letter, Hobbs said that the bill SB 1236 seeks to tie the hands of local stakeholders in regard to crypto mining policymaking. She said:
"The bill...
Arizona governor vetoes bill targeting taxes on blockchain node hosts
14.4.2023
The bill aimed to have only state authorities impose regulations and taxes on individuals and businesses running blockchain nodes, as opposed to those at the city and county level
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