Crypto Is a 'Purple Issue': Circle's Jeremy Allaire

The Circle CEO cited prior bi-partisan work on stablecoin legislation and FIT21 as proof crypto doesn't belong to a particular political party дальше »

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Crypto Industry Committing $12M to Dethrone Sen. Brown in Ohio, PAC Says

Crypto interests are planning to go after Sen. Sherrod Brown (D-Ohio) in their biggest-ever single campaign, setting aside $12 million to support the Republican candidate seeking to snatch the Senate seat from the current chairman of the Senate Banking Committee, who has been highly critical of the digital assets sector and reluctant to embrace crypto legislation. дальше »

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Senator Lummis Formally Introduces Bitcoin Strategic Reserve Bill Seeking To Strengthen US’s Global Financial Position

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Coinbase Concerned About 'Ongoing Regulation by Enforcement' in Australia, Despite 'Healthy' Regulator Talks

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. дальше »

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The U.S. Government May Begin Hoarding Bitcoin, But How and Why?

Proposed legislation regarding a strategic reserve of bitcoin for the U.S. government poses far more questions than answers at the moment. дальше »

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Senator Cynthia Lummis Announces Bill for US To Buy 1 Million Bitcoin

Senator Cynthia Lummis announced legislation directing the U.S. government to acquire 1 million Bitcoin worth over $68 billion. Lummis said purchasing Bitcoin as a strategic reserve would stabilize the dollar and counter inflation. дальше »

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United States government holds $12B in Bitcoin — Arkham Intelligence

Pro-crypto Senator Cynthia Lummis recently announced legislation establishing a strategic Bitcoin reserve for the United States.

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Bill targeting illicit use of crypto passes US House: Law Decoded

Legislation focuses on preventing illicit cryptocurrency activities while safeguarding consumer choice.

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US Senator Lummis unveils Bitcoin reserve legislation following Trump’s keynote

At Bitcoin 2024, Senator Cynthia Lummis proposed a more detailed plan for a strategic Bitcoin reserve to bolster the U.S. dollar and cement America’s global financial leadership. After days of anticipation, United States Senator Cynthia Lummis finally announced her proposed… дальше »

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Lummis introduces legislation to establish 1 million Bitcoin strategic reserve for the US

Senator Cynthia Lummis introduced new legislation that aims to establish a Bitcoin strategic reserve for the US totaling at least 1 million BTC — 5% of the total supply. Lummis announced the new bill at the Bitcoin2024 conference on July 27 following former President Donald J. дальше »

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US Senator plans to announce legislation for Strategic Bitcoin Reserve at Bitcoin 2024 

Sen. Cynthia Lummis of Wyoming is poised to announce legislation that could establish Bitcoin as a mainstream financial asset in the United States. дальше »

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US house representative passes new bill targeting crypto-related illicit finance

The US House of Representatives has approved a new cryptocurrency bill aimed at curbing its use for illegal finance. Introduced by Representative Zach Nunn (R-Iowa) on Monday, July 22, the legislation seeks to establish a governmental working group to assess… дальше »

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U.S. House Passes Crypto Illicit Finance Bill That's Likely to be Rebuffed in Senate

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. дальше »

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Donald Trump picks crypto-friendly JD Vance as running mate

The Ohio senator reported holding up to $250,000 worth of Bitcoin in 2022 and has supported specific pro-crypto legislation.

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US House fails to overturn Biden’s veto on SEC crypto rule

US House voted 228-184 in favor of overriding President Joe Biden’s veto of H. J. Res. 109 on SAB 121. The vote however fell short of required two-thirds majority. The US House of Representatives has failed to override US president Joe Biden’s veto on legislation that sought to nullify SEC’s Staff Accounting Bulletin (SAB) 121. дальше »

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CFTC chairman: 70-80% of cryptos are non-securities

CFTC chairman Rostin Behnam wants more funding and regulatory authority to oversee cryptocurrency spot markets as lawmakers edge closer to comprehensive legislation. дальше »

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U.S. House vote to overturn Biden’s SAB 121 veto set for Wednesday

The U.S. House will vote on a resolution to overturn President Joe Biden’s veto on a bill that had struck down the Securities and Exchange Commission (SEC)’s Staff Accounting Bulletin 121, or SAB 121. Biden vetoed the legislation after the… дальше »

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France Votes for Hung Parliament as Major Parties Fall Short of Majority

The absence of an outright majority could hamper the passing of new legislation, including crypto regulations. дальше »

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Ron Wyden on FISA Reform and Crypto

Sen. Ron Wyden (D-Ore. ) has been a long-standing member of the U. S. Senate, and was a sponsor or co-sponsor of several key pieces of legislation enabling broad adoption of the internet. More recently, he voted in favor of a House Resolution overturning the Securities and Exchange Commission's Staff Accounting Bulletin 121, and questioned threats to personal and financial privacy online. дальше »

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US Congressman introduces bill to allow IRS accept Bitcoin for tax payments

US Congressman Matt Gaetz has introduced legislation that would require the IRS to accept tax paid with Bitcoin. If enacted into law, American taxpayers will have the option to pay taxes in BTC. US Representative Matt Gaetz (R-FL),has introduced a new bill that could see Americans pay their income tax with Bitcoin. дальше »

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Bill seeks to allow Bitcoin payments for federal income tax

Rep. Matt Gaetz has introduced legislation to allow Americans to pay federal income taxes with Bitcoin and integrate crypto into the system. The post Bill seeks to allow Bitcoin payments for federal income tax appeared first on Crypto Briefing. дальше »

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Italy considers $5.4m in penalties for crypto insider trading: report

Italy is reportedly considering increasing fines for crypto crimes as part of measures to reduce market manipulations. Italy‘s government is mulling tougher penalties for those who manipulate the crypto market, Reuters has learned, citing a draft decree. The proposed legislation,… дальше »

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Jump Crypto Adds $10M to Industry's U.S. Political War Chest, Raising PAC to $169M

Jump Crypto put another $10 million into the U.S. political action committee (PAC) that's seeking to rush as many pro-crypto members into Congress as possible to achieve legislation the industry is after, a spokesman for the PAC confirmed. дальше »

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Congressman Massie says support for legislation to abolish Federal Reserve has grown 10x

US Congressman Thomas Massie has reintroduced legislation aimed at abolishing the Federal Reserve, a move he says was inspired by a seminal book on Bitcoin. The bill, known as the “Federal Reserve Board Abolition Act,” marks the first attempt in a decade to dismantle the nation’s central banking system. дальше »

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EU Body Publishes Final Draft Technical Standards for Prudential Matters: MiCA

The European Banking Authority (EBA) published on Thursday the final draft technical standards on prudential matters for firms to comply with that fall under the markets in crypto assets (MICA) legislation. дальше »

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EU Vote See Reelection of Some Officials With Key Roles in Bloc's Crypto Journey

Among the MEPs retaining their seats is Stefan Berger, who steered the landmark MiCA legislation. дальше »

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Senate Bill Could Open Crypto to U.S. Sanctions, but Industry Trying to Head It Off

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. дальше »

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Crypto Remains Sidelined as EU Election Kicks Off

The election for new members of the European Parliament starts June 6, with results expected on June 9. The more than 700 MEPs shape and decide on new laws, and will be voted in as the EU's landmark Markets in Crypto Assets legislation starts coming into effect. дальше »

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FIT21 bill a ‘watershed moment’ for crypto despite CFTC-SEC friction

FIT21 is the first bipartisan legislation of its kind to pass in either chamber of Congress, but is its dual-agency model workable? дальше »

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Senator Lummis says crypto will play important role in US economy post-elections

Senator Cynthia Lummis recently said the crypto market will play a significant role in the US economy unless the opportunity is squandered. Lummis, a vocal advocate for pro-crypto legislation, believes that recent victories in Congress signal a promising future for the sector. дальше »

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U.S. House's Emmer Says Best Hope For Crypto Legislation Is Year-End Session

Despite the crypto industry's high-profile recent wins in Congress, major legislation faces a massive practical roadblock in the Senate, U.S. Rep. Tom Emmer (R-Minn.) acknowledged Wednesday, saying that chamber will want its own say in a big crypto bill, leaving little time in the waning congressional session. дальше »

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U.S. House's Emmer Says Best Hope for Crypto Legislation Is Year-End Session

Despite the crypto industry's high-profile recent wins in Congress, major legislation faces a massive practical roadblock in the Senate, U.S. Rep. Tom Emmer (R-Minn.) acknowledged Wednesday, saying that chamber will want its own say in a big crypto bill, leaving little time in the waning congressional session. дальше »

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Is the House’s FIT21 Bill Really the Legislation That Crypto Needs?

While many in the industry cheered the passing of the Financial Innovation and Technology for the 21st Century Act yesterday, many other raised criticisms and concerns. дальше »

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House of Representatives halts Fed’s CBDC plans with new legislation

House passes bill to block Federal Reserve from issuing a CBDC, citing privacy and Fourth Amendment concerns. The post House of Representatives halts Fed’s CBDC plans with new legislation appeared first on Crypto Briefing. дальше »

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Grassroots Policy Advocates Are Key to Seeding Crypto Innovation

Here are some ways users and developers, the lifeblood of crypto, can help move better legislation through Congress, writes Rebecca Rettig, Chief Legal & Policy Officer at Polygon Labs. дальше »

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House passes FIT21 crypto bill with majority bipartisan support

The US House of Representatives passed the Financial Innovation and Technology for the 21st Century Act (FIT21) on May 22. In all, 279 representatives voted yes, 136 voted no, and 15 abstained from voting on the proposed crypto legislation. дальше »

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SEC's Gensler Going Rogue in Solo Quest to Stop U.S. Crypto Legislation?

The White House is "eager" to work on a crypto bill. That was the sentiment of its latest statement on Wednesday, putting the administration on-the-record again about wanting new digital assets policies to protect investors. дальше »

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U.S. House Set to Vote for First Standalone Crypto Market Structure Bill

The U.S. House of Representatives is poised to vote in favor of a crypto market structure bill as a standalone piece of legislation for the first time. дальше »

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Nancy Pelosi mulls supporting Republican’s FIT21 crypto bill: Report

The former House Speaker is reportedly considering support for the Republican crypto legislation, breaking from ranking Democrats. дальше »

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Several U.S. House Democrats Petition Colleagues to Join Yes Side on Crypto Bill

The U.S. House of Representatives is on the verge of a vote on Wednesday that is widely expected to approve comprehensive cryptocurrency legislation with bipartisan support – a major milestone for the industry – and several Democrats there are pushing their colleagues to vote yes. дальше »

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Congress passes landmark crypto legislation to overturn SEC’s SAB 121

Congress passes its first standalone crypto bill to repeal SEC’s SAB 121, amid strong opposition from President Biden. дальше »

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Oklahoma enacts landmark legislation establishing rights to self-custody crypto

Oklahoma has become the first US state to legally protect the right to self-custody Bitcoin after passing a new bill.  The newly signed legislation ensures that residents can hold, control, and use digital assets without state interference. дальше »

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US state declares over $160 million investment in BlackRock, Grayscale’s Bitcoin ETF, what to expect

The State of Wisconsin’s Investment Board (SWIB) created in 1951 has invested over $160 million in BlackRock’s spot Bitcoin ETF IBIT and Grayscale’s GBTC. The investment marks a move by the US state to adopt the asset alongside other investment vehicles for public pensions and trust funds. дальше »

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House considers legislation for digital asset regulatory clarity

House Financial Services Committee Chair Patrick McHenry emphasized the importance of the FIT21 Act: "For far too long, the U.S. digital asset ecosystem has been plagued by regulatory uncertainty..." дальше »

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US Congress to potentially vote on new legislation for crypto industry by end of May

House Financial Services Committee Chairman Patrick McHenry said new legislation that will give the crypto industry greater clarity regarding regulatory oversight is set for a potential House floor vote by the end of May. дальше »

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U.S. House's McHenry Says Bill on Crypto Market Structure Will Get Floor Vote

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. дальше »

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UK Plans to Regulate Staking and Stablecoins

Economic Secretary Bim Afolami emphasizes the need for immediate legislation on stablecoins and staking in the UK, highlighting the urgency with looming elections. The post UK Plans to Regulate Staking and Stablecoins appeared first on BeInCrypto. дальше »

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President Joe Biden Will Veto Legislation Allowing Financial Firms to Custody Bitcoin: White House

This announcement comes amidst debates and discussions in Congress today regarding the regulation and oversight of digital assets. дальше »

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UK Minister Says Government Only Has Time to Implement Stablecoin, Staking Legislation

Economic Secretary Bim Afolami said that the government could put through stablecoin and staking legislation in the coming weeks but will outline was is coming later. дальше »

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New Era In Crypto? Stablecoin Legislation Could Eclipse Bitcoin ETF Impact – Bitwise CIO

The US Congress could catalyze a more significant shift than introducing spot Bitcoin ETFs. Bitwise Chief Investment Officer Matt Hougan’s view underscores a pivotal moment for the crypto industry. дальше »

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