Bipartisan Drive For Crypto Regulation Signals White House-Congress Collaboration

In the lead-up to the November elections, cryptocurrencies have become a prominent topic in the race for the White House. Notably, the Biden administration has changed its approach to digital asset regulation, likely influenced by former President Donald Trump’s support for the nascent industry.

152 +

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.

45 +

House passes resolution overturning SEC rule on crypto and digital asset custody

The US House passes bipartisan resolution H.J.Res.

The post House passes resolution overturning SEC rule on crypto and digital asset custody appeared first on Crypto Briefing.

143 +

U.S. House Lawmakers Push SEC’s Gensler to Approve Spot Bitcoin ETF ‘Immediately’

The U.S. Securities and Exchange Commission (SEC) should listen to the courts and give up its efforts to block exchange traded funds (ETFs) holding bitcoins, a bipartisan group of lawmakers argued in a letter to SEC Chair Gary Gensler.

79 +

US House Democratic coalition creates AI working group

Representative Derek Kilmer will chair the Artificial Intelligence Working Group, which is aimed at introducing “sensible, bipartisan” policies for AI technology.

158 +

US Congressman McHenry Praises Stablecoins, Calls Them Vital To 21st-Century Payments

In a notable move that highlights the growing acceptance and potential of stablecoins in modern payment systems, PayPal has announced the launch of its payment stablecoin PYUSD.  This development comes shortly after the House Financial Services Committee passed the Clarity for Payment Stablecoins Act, a bipartisan legislation that paves the way for regulated stablecoin issuers, […]

233 +

U.S. Stablecoin Bill Takes Big Step Despite Fight From Democrats, White House

House lawmakers cleared stablecoins legislation for the next step in its route through Congress on Thursday, though the House Financial Services Committee moved the bill toward a potential floor vote without bipartisan support as Chair Patrick McHenry (R-N.

189 +

Landmark Victory: US Congress Committee Passes Historic Crypto Bill

In a landmark victory for the crypto industry, the US House Financial Services Committee has achieved a landmark victory by advancing a bipartisan bill aimed at establishing a regulatory framework for Bitcoin and cryptocurrencies yesterday.

196 +

US House Financial Services Committee passes bill for clear crypto regulation

A vital US House meeting has passed a bipartisan bill that might finally ensure the sought-after regulatory clarity for cryptocurrency businesses. On Wednesday, 26 July, most United States watchdogs voted to advance two cryptocurrency regulation bills, approving the 21st Century Act to safeguard customers and ensure decisive rules for the digital asset sector.

226 +

New Era For Crypto: Bipartisan Stablecoin Bill Emerges In US House Committee

As the digital asset industry continues to evolve, so too do the regulations designed to govern it. In a recent development, the US House Financial Services Committee has unveiled a revised draft of a stablecoin bill, a product of bipartisan collaboration, and a potential harbinger of comprehensive US crypto regulation. The bill is the result […]

218 +

A House Bill Would Make It Harder for the SEC to Argue Crypto Tokens Are Securities

The five-page, bipartisan Securities Clarity Act by Representatives Tom Emmer and Darren Soto would significantly reduce uncertainty for both crypto investors and issuers, write Bain Capital Crypto’s Tuongvy Le and Khurram Dara.

95 +

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.

190 +

Democrats Blast Draft Stablecoin Bill in First 2023 Hearing on Issue

Despite Republican House committee leaders publishing a draft bill and talking about progress, it hasn't been on the bipartisan level required for an eventual law, lawmakers said in a hearing Wednesday.

164 +

U.S. Lawmakers Digging Through Crypto Legislation for Bipartisan Winners: Senator

Ideas have been gathered from the Senate and House, and lawmakers are trying to figure out what can get bipartisan support, said Senate Banking Committee member Thom Tillis.

208 +

US Tech Bill Creates White House Blockchain Adviser Role

Bipartisan legislation approved by Congress to help out computer-chip manufacturing will also establish a new digital assets expert to advise the president.

208 +

US stablecoin bill delayed until after congressional recess

The bipartisan bill on stablecoin regulation in the United States has been pushed back by the House Financial Services Committee, according to a statement issued by committee Chairwoman Rep. Maxine Waters (D-CA).

91 +

$3.5 Billion In Crypto Accounted for 93% of All Assets Seized by IRS in 2021: Report

The agency expects to seize billions of dollars worth of crypto in the coming year after getting more ability to surveil crypto transactions in the infrastructure package, to counter which a comprehensive bipartisan bill has been introduced in the House.

169 +

US Senators Introduce Legislation to Limit ‘Broker’ Definition in Infrastructure Bill Signed by President Biden

On Monday, President Joe Biden signed the $1 trillion infrastructure bill that contains the controversial over-reaching cryptocurrency tax definition. The bill-signing ceremony was held on the White House South Lawn, where members of both parties came as a bipartisan show of support for the new legislation.

189 +

House Passes $1 Trillion Infrastructure Bill; Implications For U.S. Crypto Community

The U. S. House of Representatives, on Friday, passed the $1. 2 trillion bipartisan infrastructure bill. With a final vote of 228-206, thirteen Republicans voted with the majority of Democrats in favor of the bill.

133 +

US House of Representatives Passes Bipartisan Crypto Bill For The Second Time

The United States House of Representatives has passed a bipartisan bill that proposes the study of the use of blockchain technology and digital tokens. Within a week of introduction, the bill passed the 117th Congress with a resounding 325 votes in favor of, and 103 votes against.

254 +

Bipartisan bill to study blockchain and crypto passes US House of Representatives

The Consumer Safety Technology Act passed quickly in the House, and if enacted would require the study of blockchain tech and digital tokens.

122 +

US President Biden Pushes for More Stimulus, One Million ‘Plus-up’ Payments Go out This Week

U. S. politicians are talking about stimulus again in order to bolster American jobs and President Joe Biden’s infrastructure plan. At the end of last week, White House press secretary Jen Psaki explained that Biden would meet with bipartisan members of Congress on Monday in order to push his proposal.

227 +

Representatives Introduce Anti-Terrorism Financing Bill to US Congress

In a bid to combat the use of digital currencies as means of financing terrorism, a group of representatives from the Republican and Democratic Parties has introduced a bipartisan bill to the House on Jan 13, which seeks to create a task force focused on preventing the usage of cryptocurrencies in sponsoring terrorism.  Bill AgainstRead More

271 +

Crypto anti-terrorism bill introduced in the US House of Representatives

A bipartisan group of representatives has introduced a bill to the House that seeks to create a task force focused on combating terrorist financing via cryptocurrencies.

144 +

Bitcoin Tilts Higher as Pelosi Signals Stimulus Bill by Year’s End

Bitcoin posted modest gains on Thursday as Democratic leaders signaled to reach an agreement with Republicans to pass the second round of COVID-19 stimulus by year’s end. House Speaker Nanci Pelosi (D-Califonia) said on Wednesday that a new bipartisan $908 billion relief package should serve as the basis of their months of negotiations with White […]

288 +

Trump/Pelosi Bipartisan Relief Act Could Stabilize Bitcoin, Stock Markets

The customary infighting between Democrats and Republicans took a break Saturday. House Speaker Nancy Pelosi (D-CA) carried a bill through the House of Representatives with the approval of President Donald Trump.

281 +

US Lawmakers Try Again on Tax Relief for Small Crypto Payments

House Representatives’ bipartisan legislation would exempt realized crypto gains under $200 from taxation.

157 +

Zuckerberg’s Congressional Testimony Includes Zero References to Crypto or Bitcoin

CEO Mark Zuckerberg will be the next Facebook executive to face a bipartisan grilling when he testifies before the US House Committee on Financial Services tomorrow. The committee published a transcript of Zuckerberg’s prepared testimony ahead of the hearing, and there was one thing noticeably absent from his statement: any reference to bitcoin, cryptocurrency, or […] The post Zuckerberg’s Congressional Testimony Includes Zero References to Crypto or Bitcoin appeared first on CCN.com

169 +

Facebook COO Faces Bipartisan Congressional Grilling Over Libra in October

Facebook will get yet another chance to try to win over the support of US lawmakers with regards to its Libra cryptocurrency project and other matters next month. According to Bloomberg, the social media giant’s Chief Operating Officer Sheryl Sandberg will testify before the U.

163 +

Zuckerberg, Bezos and Cook are About to Get Their Emails Raided by Congress

Leaders of Silicon Valley’s powerful elite have been ordered by Congress to hand over reams of documents including emails and financial statements as part of a widening bipartisan probe of the technology industry.

150 +

North Carolina Congressman Talks About the Crypto Tax Fairness Act and Virtual Value Tax Fix Bills

Ted Budd, a congressman from the state of North Carolina, has recently spoken at the House Ways and Means Committee. There, he defended the blockchain technology and highlighted two bills which he is hoping that will be able to gather some bipartisan support in order to be approved. These bills are the Virtual Value Tax […]

182 +

Colorado Lawmakers Eye Blockchain Farming House Bill 1247 To Department Of Agriculture

Colorado Lawmakers Eye Blockchain Agriculture Bill Blockchain has been embraced for a variety of uses, from supply chain to the finance world and is now finding use in Agriculture. A number of lawmakers in the state of Colorado in the United States have put forward a bipartisan house bill 1247 which would promote Blockchain use […]

173 +

Nancy Pelosi Would Fail Spectacularly if She Tried to Impeach Donald Trump

In an explosive interview with The Washington Post, House Speaker Nancy Pelosi said she won’t move to impeach Donald Trump. Despite calling Trump “unfit” to be president, she said impeachment is too divisive and Trump is “not worth it.

162 +

Sex, Drugs & Bitcoin: New U.S. Bill To Study Impact of Crypto on Trafficking

Bitcoin (BTC), Cryptocurrency, United States–In the midst of the most recent market selloff, which saw most top cryptocurrencies fall to their relative low for 2019, the United States Congress has passed a new bill with interesting stipulations into the study of digital assets.

193 +

Elections Canada Consults With Political Parties on Crypto Donations

According to Elections Canada, the agency that runs federal elections in Canada, there has been “a growing interest” in cryptocurrency donations. This trend has prompted some political parties to ask for a ruling on how best to manage bitcoin and other cryptocurrency political donations and how to navigate the various reporting systems required by both Elections Canada and the parties so that they comply with the Canada Elections Act.

692 +

Bipartisan Lawmakers Seek Crypto Regulations That Make the US Competitive an Protect Consumers

The US Congress is looking more seriously into the regulation of the cryptocurrency market. Members of the House will table two new bills that could help in consumer protection and make the US market more competitive.

193 +

US Lawmakers Push for 'Blockchain' Definition in New Congressional Bill

A bipartisan bill introduced to the U.S. House of Representatives this week proposes creating a "consensus-based definition of blockchain."

150 +

Op Ed: New Bermuda Legislation Will Create a Novel Class of Bank to Service Fintech Companies

As we reported on July 19, 2018, Bermuda is determined to establish itself as the leading jurisdiction for fintech entrepreneurs, in particular those involved in initial coin offerings (ICOs), digital assets and virtual currencies.

418 +

DOJ, U.S. Agencies Seize Over $12M Bitcoin in a Slew of Dark Web Busts

The U. S. Department of Justice, in cooperation with the Immigration and Customs Enforcement’s Homeland Security Investigations (HSI), the Secret Service (USSS), the Postal Inspection Service (USPIS) and the Drug Enforcement Administration (DEA), have apprehended more than 35 dark web drugs and arms dealers in a nation-wide bust.

565 +