Illinois Goverrnor slams Trump and passes two new crypto bills

2025-8-19 10:10

Illinois Governor J.B Pritzker criticized Trump for letting “crypto bros” write federal policy as he passes two new crypto-related bills in the Democratic stronghold state. In a recent press release, Illinois Governor Pritzker has enacted two new bills that would… origin »

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French Hill voted in to chair US House Financial Services Committee next year

Hill won after a second round vote, beating three other crypto-friendly Republicans Current Chair Patrick McHenry is retiring in on January 25, 2025 Hill has championed several crypto bills, including legislation to regulate digital assets Crypto-friendly French Hill will take over as Chair of the US House Financial Services Committee in next year’s new Congress.

2024-12-14 12:06


Ripple Prepares To Shake Up $150B Market With Imminent Launch Of New Stablecoin

In a notable development, blockchain developer Ripple Labs recently announced its plans to launch a stablecoin pegged 1:1 to the US dollar (USD).   Ripple Enters Booming Stablecoin Market According to the company’s announcement on Thursday, the stablecoin’s reserves will consist of US dollar deposits, short-term US Treasury bills, and other undisclosed cash equivalents.

2024-4-4 17:15


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The UK Is Set To Promote Crypto Adoption And Crackdown On Ransomware Attacks Following Queen’s Speech

While regulatory uncertainty plagues crypto markets in developed economies, the UK looks set to turn this around. Following the “Queen’s Speech” to kick off the new parliamentary session, the UK plans to introduce 2 bills to allow for increased crypto adoption and measures to tackle ransomware attacks.

2022-5-15 15:53


Kentucky Governor Signs Two Bills to Provide Tax Breaks to Crypto Mining into Law

Two bills relating to the taxation of the commercial mining of cryptocurrency have been signed into law this week by the Kentucky governor. As per the bill, a new section of KRS 139 has been created, which defines various terms relating to commercial mining of cryptocurrency using blockchain technology and provide sales and use tax […] The post Kentucky Governor Signs Two Bills to Provide Tax Breaks to Crypto Mining into Law first appeared on BitcoinExchangeGuide.

2021-3-27 17:17


Putin Approves Cryptocurrency Bill, Stopping Russians From Using Bitcoin for Payments

On Friday, Vladimir Putin, Russia’s president, signed one of the two digital assets bills into law, Russian media outlet RIA reports. The new law was passed by Russia’s parliament, Duma, last week and states that firms can provide virtual securities on blockchain platforms provided they are well registered with the country’s central bank, Bank of […]

2020-7-31 22:04


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Russia Proposes Law That Criminalizes Buying Bitcoin With Cash, Offenders Face 7 Years in Jail

Russian lawmakers have proposed new laws that seek to ban the use of bitcoin (BTC) and other cryptocurrencies in the country, local media reported. According to draft bills submitted by a group of deputies to the Russian parliament recently, individuals may face up to seven years in prison and fines of up to $7,000 for […] The post Russia Proposes Law That Criminalizes Buying Bitcoin With Cash, Offenders Face 7 Years in Jail appeared first on Bitcoin News.

2020-5-24 04:05


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Russian Government Set to Impose Fines and Imprisonment for Illegal Crypto Activities

The crypto landscape in Russia may soon be facing harsh laws as authorities have proposed new draft bills that seek to fine and imprison the illegal use of cryptocurrencies in the country.   Crypto Violations Attract $28,000 Fine and 7 Years Imprisonment According to a report by the local news outlet RBC on Thursday (May 21,Read MoreRead More.

2020-5-23 16:00