US Senate panel wants developer safeguards out of crypto bill

The Republican and Democratic Senate Judiciary leaders have called for changes to the market structure bill, arguing it would “weaken” the ability to police money transmitters.

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Senate crypto bill collapses: Is partisan divide or Trump’s digital fortune to blame?

The collapse of a procedural Senate vote on stablecoin legislation (GENIUS Act) Thursday underscores the challenges of keeping cryptocurrency policy bipartisan. Once poised for smooth passage, the bill was derailed after last-minute Democratic objections and a lack of time to…

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Brazil: Senate Commission will analyze the AI bill in 120 days

The bill, aimed at regulating the artificial intelligence in the country, was introduced to the Senate in December 2022.

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The Australian Senate Committee has declined to pass a cryptocurrency bill proposed by Opposition Senator Andrew Bragg.

Сообщение The Australian Senate Committee has declined to pass a cryptocurrency bill proposed by Opposition Senator Andrew Bragg. появились сначала на Coinstelegram.

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Australian lawmakers reject senator Bragg’s crypto bill

The Senate committee advised that further research should be conducted on the subject. The report asserted that the government's approach to digital asset regulation was detrimental to AustraliThe post Australian lawmakers reject senator Bragg’s crypto bill appeared first on AMBCrypto.

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Crypto Regulatory Bill Faces Pushback In Australian Senate: What’s Next?

A recent development has stirred discussion among legislators, crypto enthusiasts, and industry stakeholders in Australia. The nation’s Senate, via its Economic Legislation Committee, has shown resistance against a Bill aiming to regulate the cryptocurrency trading platforms operating within its borders.

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Australia’s Proposed Crypto Bill Rejected by Legislators

The Australian Senate Economic Legislation Committee has rejected a crypto bill proposed by Senator Andrew Bragg, citing the need for further refinement and consultation with industry stakeholders.

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Australian legislators propose changes to crypto bill following review

The Australian Senate Committee has recommended amendments to the "Digital Assets (Market Regulation) Bill 2023"

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Crypto Bill Shot Down by Australian Senate

Rejection of bill comes amid increasing calls for clarity in cryptocurrency regulation, with critics warning that delay could drive investment offshore and expose consumers to risk in unregulated market

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Australia Senate Committee Rejects Crypto Bill From Opposition Senator Andrew Bragg

Bragg said the Labor government had put regulating crypto in the slow lane.

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Stablecoins could face problems with new US defense bill

Stablecoins, such as USDC, could face a complex situation if a new national defense bill approved by the US Senate becomes law. The 2024 National Defense Authorization Act could introduce new KYC and anti-money laundering requirements that stablecoin issuers won’t…

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US passes military spending bill, aims to curb crypto money laundering

The U.S. Senate has approved the 2024 National Defense Authorization Act (NDAA) to enhance oversight and transparency of crypto transactions

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New US Senate Military Bill Comes With A Crypto Provision, But Is It Good

The US Senate recently passed a $886 billion Military Spending Bill which includes some provisions around the cryptocurrency industry. The 2024 National Defense Authorization Act (NDAA), which approved the defense amount to be spent in 2024, included provisions that seek to address crypto as a particularly vulnerable sector for illegal activities and financing terrorists. New […]

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US Senate approves national defense bill that also targets crypto mixers

An amendment in the bill tightens oversight on institutions engaging in crypto trading.

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U.S. Senate Passes $886B Military Spending Bill With Crypto AML Provision

The amendment takes aim at crypto mixers and “anonymity-enhancing” crypto assets.

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Big Win For Crypto as Regulatory Bill Gets House Approval

The US House Financial Services Committee has approved the Financial Innovation and Technology for the 21st Century Act, a major step towards cryptocurrency regulation, despite potential resistance in the Democrat-led Senate.

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SEC reviews Ripple ruling, US bill seeks control over DeFi, and more: Hodler’s Digest, July 16-22

The SEC examines the ruling in the Ripple case, a U.S. Senate bill seeks to regulate DeFi, and the poor performance of altcoins in the second quarter of 2023.

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CoinCenter, other advocacy groups condemn CANSEE bill for overreach on DeFi

CoinCenter and other crypto advocacy groups have criticized a Senate bill that would impose strict regulations on individuals involved in decentralized finance (DeFi). The bill in question is titled the Crypto-Asset National Security Enhancement and Enforcement Act (CANSEE).

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Arkansas Senator Calls For Reversal Of Controversial New Crypto Mining Law

In April 2023, Arkansas made history by becoming the first state to pass the ‘Right to Mine’ Bitcoin bill in both the House and Senate. However, the “Right to Mine” law in Arkansas is encountering increasing opposition as it relaxes regulations on commercial crypto mining.

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US Senate’s new bill proposes “unworkable obligations for DeFi”, Crypto Council says

The Crypto Council for Innovation says the new AML bill provides no workable framework for illicit finance in DeFi. According to the crypto alliance, the bill’s proposals go “in the opposite direction” to what the proper approach should be.

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DeFi Platforms And Bitcoin ATMs Face Major KYC Hurdles With New US Bill

A new bill introduced into the US Senate proposes to tighten Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations for decentralized finance (DeFi) services.  The Crypto-Asset National Security Enhancement and Enforcement (CANSEE) Act aims to prevent money laundering, stop crypto-facilitated crime and sanctions violations, and ensure that DeFi services meet the same AML and […]

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DeFi bill introduced in Senate would hold major investors responsible for illegal use

Senators Jack Reed (D-RI) and Mark Warner (D-VA) have introduced a new bill that aims to combat illicit financial activity like money laundering and terrorism financing in decentralized finance (DeFi), Bloomberg News reported on July 19.

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The US Senate plans to introduce AML into the segment of decentralized finance

US lawmakers have decided to make another attempt to create an effective regulatory framework for the digital asset segment. Against this background, a new bill was ratified, which provides for strict requirements for combating money laundering (AML) in the segment of decentralized finance (DeFi).

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Bipartisan bill to regulate DeFi, crypto security risks introduced into US Senate

The bill was introduced in the evening and has not been published yet, but it is already causing a stir. Crypto Twitter calls it a “nonstarter.”

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US Senate introduces bill seeking to regulate DeFi like traditional banks

The bill aims at ensuring DeFi protocol operating in the US imposes strict controls on their users. The controls proposed in the bill resemble those that apply to traditional banks. The bill also places identity verification requirements on crypto kiosks.

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New U.S. Senate Bill Wants to Regulate DeFi Like a Bank

A new bill from Sen. Jack Reed would impose strict requirements on DeFi protocols under the guise of national security.

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North Carolina House Advances Bill To Study Virtual Currency Including Bitcoin

A North Carolina House bill now going to the Senate would see the state treasury study virtual currency.

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Crypto scams on the rise, government institutions call for regulatory clarity| Weekly recap

Government institutions continue to push for regulatory clarity, with the US Senate introducing a bill to differentiate securities from commodities

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Crypto reform subject of draft bill from US Senate

The U.S. Senate is working on a draft bill shifting digital assets initially classified as securities to be regulated as commodities.

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Senate Approves Bill to Suspend $31 Trillion US Debt Ceiling Until January 2025

Coinspeaker Senate Approves Bill to Suspend $31 Trillion US Debt Ceiling Until January 2025 The Senate has sent an approved bill to President Biden, allowing the government to borrow without a debt ceiling for nearly 2 years.

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Elizabeth Warren highlights crypto’s role in fentanyl trade; plans to combat with bill

Senator Elizabeth Warren said during a May 31 Senate hearing that she aims to combat cryptocurrency’s role in the illegal fentanyl trade. Fentanyl trade Warren said to the Senate Banking Committee: “Crypto is supposedly banned in China … but more than 90 companies based in China are raking in tens of millions of dollars worth […] The post Elizabeth Warren highlights crypto’s role in fentanyl trade; plans to combat with bill appeared first on CryptoSlate.

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US Senators Reintroduce Bill To Investigate Bitcoin Adoption In El Salvador

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Texas embraces greener Bitcoin mining with approval of flare gas emission bill

The Texas House and Senate have passed House Bill 591 – paving the way for Bitcoin miners to use flare gas emissions. Good for the environment In a message from the Texas Blockchain Council, posted by the Documenting Bitcoin Twitter, it was explained that the bill “clarifies” the sale of flare emissions for use by […] The post Texas embraces greener Bitcoin mining with approval of flare gas emission bill appeared first on CryptoSlate.

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North Carolina House Passes Bill Prohibiting State Payments With CBDCs

Now headed to the state Senate, HB690 rectifies language that previously encompassed Bitcoin in its goal of restricting CBDC usage.

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Bill on combating the financing of terrorism through cryptocurrencies has been submitted to the US Senate

The United States Senate has taken a significant step towards combating the financing of terrorism through cryptocurrencies by submitting a new bill to Congress. The bill, named the “Combating the Financing of Terrorism Act,” seeks to address the growing concern of terrorist organizations using digital currencies to fund their operations.

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Reintroduced Congressional Bill Would Call for Feds to Study Terrorist Uses for Crypto

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.

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Montana ‘right to mine’ crypto bill passes the House

The legislation had already passed in the Senate in February and will now make it to the table of Governor Greg Gianforte.

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Bill limiting incentives for crypto miners passes Texas Senate, moves to House

Senate Bill 1751 will next move to the Texas House of Representatives, which is scheduled to meet and discuss legislation on April 13.

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Nevada senate committee proposes crypto recovery fund to combat scams

In a recent legislative meeting held by the Nevada Senate Committee on Commerce and Labor, members discussed a cryptocurrency bill aiming to establish a recovery fund.

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Texas Senate Passes Bill to Limit Bitcoin Miners' Participation in Demand Response Programs

Bitcoin miners in Texas get paid in power credits to power off during times of peak demand.

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Texas Blockchain Council launches campaign to block anti-mining bill

The Texas Blockchain Council — a trade advocacy group — launched a campaign to denounce a recent bill seeking to eliminate various incentives available for Bitcoin miners in the state. The campaign — called “Don’t Mess With Texas Innovation” — intends to block the bill, which is due for voting by the state Senate.

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Arkansas passes right-to-mine bill

The U. S. state of Arkansas has passed a bill that aims to protect the local right to mine cryptocurrency, as seen in state legislature records. Those records indicate that the bill was passed by the House and Senate on April 6.

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Arkansas House And Senate Pass Bill Protecting Right To Mine Bitcoin, Goes To Governor For Approval

Arkansas has taken the next step to approve a bill that protects the right to mine Bitcoin, which now heads to the governor’s office.

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Breaking: The State of Arkansas offers a much-need crypto boost via its latest bill

The State of Arkansas passed a 'Right to Mine' bill in the House and Senate as of 7 April. The bill comes as a notable development in the cryptocurrency market especially after the uncertainty that haThe post Breaking: The State of Arkansas offers a much-need crypto boost via its latest bill appeared first on AMBCrypto.

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Texas Senate Committee Approves Infamous Anti-Bitcoin Mining Bill

Texas regulators take a step toward sharply restricting Bitcoin miners' operations. The post Texas Senate Committee Approves Infamous Anti-Bitcoin Mining Bill appeared first on BeInCrypto.

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Texas Senate committee moves forward on bill removing incentives for crypto miners

Under the proposed legislation, certain crypto mining firms participating in a program to reduce the load on Texas’ energy grid would not receive an abatement on state taxes.

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Anti-Bitcoin mining bill gets unanimous approval from Texas Senate committee

The Texas Senate Committee passed the anti-Bitcoin (BTC) mining bill on April 4, according to Satoshi Act Fund’s founder Dennis Porter. The post Anti-Bitcoin mining bill gets unanimous approval from Texas Senate committee appeared first on CryptoSlate.

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Texas Senate Committee Hears Testimony On Bill That Would Ban Certain Energy Arrangements With Bitcoin Miners

Pierre Rochard, VP of research at Riot Platforms testified yesterday that Bitcoin is a net positive for the state.

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Texas bill seeks to eliminate incentives for Bitcoin miners

A new Texas Senate bill is looking to eliminate the incentives put in place to attract cryptocurrency miners to the Lone Star state. The post Texas bill seeks to eliminate incentives for Bitcoin miners appeared first on CryptoSlate.

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