“If Washington D.C. can ruin something, it likely will. And it is certainly ruining the US Dollar,” said Senator Deevers after introducing the bill.
Switzerland’s Federal Chancellery has approved the formal submission of the “Bitcoin Initiative,” a proposed constitutional amendment that would require the Swiss National Bank to hold part of its reserves in Bitcoin (BTC). The measure now moves closer to a nationwide referendum and comes amid growing interest in sovereign adoption of the flagship asset. The initiative, […]
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Ohio lawmaker Derek Merrin introduced a groundbreaking bill to establish a Strategic Bitcoin Reserve within the state treasury, according to a Dec. 17 statement. The proposed legislation, known as the Ohio Bitcoin Reserve Act, seeks to empower the state treasurer with the authority to invest in Bitcoin, aligning with the growing trend of adopting it […]
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Senator Tim Scott said the Senate will tackle crypto bills, and the incoming chair of the House Financial Services Committee said he hopes to pass them in 2025.
Years ago, a Supreme Court decision opened the door for more corporate money in politics, and a trio of crypto companies has blasted that door off its hinges.
U.S. Senator Elizabeth Warren has long been held up as the crypto industry's chief opponent in Congress, and she's now ascending to the role as the top Democrat in the Senate Banking Committee, where she'll be heard from on the digital assets legislation that likely needs a sign-off from that panel.
Ireland’s finance minister wants to act quickly before the EU enacts strict Anti-Money Laundering legislation.
Earlier this month, Senate Majority Leader Chuck Schumer (D-N.Y.) told the audience at a "Crypto4Harris" virtual event that he hoped to shepherd crypto legislation through Congress and have President Joe Biden sign the bill into law by the end of 2024. It was a bold promise, one that on first blush seems like a hard pledge to fulfill.
Crypto VC giant a16z claims the AI legislation will “burden startups because of its arbitrary and shifting thresholds.”
Coinbase (COIN) is concerned about “ongoing regulation through enforcement” which is not “helpful to the overall direction of the industry” in Australia ahead of expected draft legislation, senior executives of the cryptocurrency exchange told CoinDesk.
The U.S. House of Representatives has approved another piece of cryptocurrency legislation with a routine voice vote, though the bill to set up a government working group to assess how to keep bad actors from using digital assets isn't likely to become a law as-is.
Governor Roy Cooper was slammed for not putting “partisan politics aside” to support a law that would benefit all North Carolina residents.
A piece of legislation with heavy implications for the digital assets sector made it through the Senate Select Committee on Intelligence's funding package recently without most in the industry – and many in Congress – apparently aware of it, but industry insiders consider its chances for survival to be limited.
The Financial Innovation and Technology for the 21st Century Act would hurt investors and hamper the U.S. Securities and Exchange Commission's work, SEC Chair Gary Gensler said Wednesday.
The most comprehensive U.S. cryptocurrency legislation to so far make it through a congressional committee will get even further, with the entire House of Representatives set to vote on whether to approve it soon, according to Rep. Patrick McHenry (R-N.C.), the chairman of the House Financial Services Committee.
Advocates for long-awaited U.S. stablecoin legislation tried to tie it onto an unrelated must-move reauthorization bill, but leaders in the Senate and House of Representatives are seeking to keep that effort clear of such attachments, according to a Democratic aide.
Canada is aiming to have the OECD standard for crypto asset tax reporting in place by 2027, as agreed with 46 other countries.
U.S. Deputy Treasury Secretary Adewale Adeyemo told the Senate Banking Committee that terrorists prefer cash, but the department is worried about crypto’s growth.
The retiring chair of the U.S. House Financial Services Committee is optimistic about digital asset legislation now before Congress.
Another group of Republican lawmakers has introduced legislation to block efforts to introduce a digital dollar.
The Law Commission also called for evidence on its project on digital assets and electronic trade documents in private international law.
UK Economic Secretary to the Treasury Bim Afolami has said the UK government was "pushing very hard" to bring legislation for stablecoins and staking services for crypto assets within six months, according to a Bloomberg report.
The proposal allocates a yearly general fund of $22,048 and $17,192, respectively, to the two newly formed commissions on artificial intelligence and cryptocurrency in the state of Virginia.
Hiring policy is none of the senator’s business and lobbying is freedom of speech, Coin Center director Jerry Brito reminded her.
Legislation will crack down on terrorist organizations like Hamas by applying sanctions to foreign parties that facilitate financial transactions with terrorists.
Republican Rep. French Hill and Democrat Rep. Jim Himes see potential future floor votes for crypto bills being key to convincing the Democrat-controlled Senate to play ball.