2023-10-4 15:50 |
The crypto-friendly U.S. Representative Patrick McHenry has become Speaker pro tempore of the House of Representatives
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House Majority Leader Steve Scalise has slated the bill, previously vetoed by President Joe Biden in May, for reconsideration on July 9 or later.
The House of Representatives voted to maintain Congressional power over any present or future CBDC issuance.
A new draft bill that provides a stablecoin framework in the United States will see private issuers such as Circle placed under the Federal Reserve (Fed) oversight
The proposed legislation seeks to reduce friction in the usage of bitcoin as a daily currency.
In a recent interview, U.S. House Minority Leader Kevin McCarthy said lawmakers should not ignore bitcoin, but understand its future role.
Reintroduced cryptocurrency tax legislation is taking aim at the IRS's current code