2024-5-22 13:50 |
The U.S. House of Representatives is set to vote on the Financial Innovation and Technology for the 21st Century Act (HR 4763), commonly referred to as FIT21, by the end of this month. According to a letter from a16z, this… origin »
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The White House under President Joe Biden’s administration will not veto for or against the Financial Innovation and Technology for the 21st Century Act.
2024-5-23 18:32 | |
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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..."
2024-5-12 17:06 | |
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The Financial Innovation and Technology for the 21st Century Act passed out of committee in July 2023 but could be headed for a full floor vote in the U.S. House of Representatives.
2024-5-11 23:25 | |
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This strategic initiative aims to expand Laos’ Digital Gold user base. Solana will act as the blockchain settlement layer. Velo will be responsible for securely validating transactions. Velo and the Solana Foundation have signed a Memorandum of Understanding (MOU) to establish a clearing house for transactions related to Laos’ Digital Gold.
2024-4-8 18:49 | |
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Powell also said a CBDC would need Congress' approval before the Federal Reserve will act.
2024-2-16 16:59 | |
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Jared Huffman, a United States House of Representatives member, has reportedly queried some U. S. federal agencies’ unwillingness or reluctance to respond to recommendations in a recently released White House report on cryptocurrency mining.
2022-10-6 05:00 | |
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Two U.S. Republican senators, Marsha Blackburn of Tennessee and Cynthia Lummis of Wyoming, have introduced a bill that, if passed by the Senate and House, could see crypto companies legally reporting and sharing with federal and state authorities and among themselves any cyber threat indicators, activities, individuals/companies, and information they may deem as a cyber-security […]
2022-9-30 23:17 | |
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Arthur Hayes has been sentenced to two years of probation plus six months of home confinement for violating the U.S. Bank Secrecy Act. Hayes Sentenced A U.S. court in New...
2022-5-21 00:44 | |
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The Republican congressman is supporting Sen. Tommy Tuberville’s Senate bill and financial services companies that want to include crypto in their 401(k) product offerings.
2022-5-21 00:25 | |
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A member of the U.S. House of Representatives has introduced a bill to ensure that Bitcoin is permitted in 401(k) retirement plans. Bill Supports the Financial Freedom Act On Friday,...
2022-5-21 22:36 | |
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Republican House Financial Services Committee members are resisting proposed changes to the 1934 Exchange Act in a letter to the Securities Exchange Commission.
2022-4-19 00:15 | |
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The bi-partisan Accountability for Cryptocurrency in El Salvador (ACES) Act mirrors legislation that advanced out of a Senate committee last month.
2022-4-6 17:37 | |
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Members of the U.S. House of Representatives including Rep. Stephen Lynch (D-Mass), Rep. Jesus G. Chuy Garcia (D-Ill.), Rashida Tlaib (D.Mich.), and others, have on March 28, 2022, introduced the Electronic Currency and Secure Hardware (ECASH) Act. The proposal is…
2022-3-30 02:00 | |
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The US Senate passed its “Accountability for Cryptocurrency in El Salvador (ACES) Act” through committee on Wednesday, and the bill is set to be voted on by the house
2022-3-24 13:40 | |
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A provision originally included in the bill had critics saying the Treasury Secretary would not have had limits on surveilling crypto firms suspected of illicit transactions, nor open the matter to include public feedback.
2022-2-5 01:25 | |
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10 members of the US Congress have voiced their dissatisfaction with the Infrastructure Investment and Jobs Act. The group expressed their dissatisfaction with the legislation in a strongly worded letter to the Speaker of the House of Representatives A part of the law is widely believed to have unfair negative effects on the cryptocurrency industry. […]
2021-11-18 17:05 | |
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Meanwhile, a top Republican in the House of Representatives is proposing a safe harbor bill, “Clarity for Digital Tokens Act of 2021,” to “provide the necessary legal certainty to digital asset projects when they launch.
2021-10-6 16:36 | |
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The Consumer Safety Technology Act passed quickly in the House, and if enacted would require the study of blockchain tech and digital tokens.
2021-6-24 07:22 | |
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The House passed the Eliminate Barriers to Innovation Act (20 April 2021). The passed act requires the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to establish a working group with the goal of clarifying in which cases the jurisdiction over a certain token belongs to SEC and in which to CFTC.
2021-6-23 23:44 | |
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The U. S. House of Representatives passed H. R. 1602, the “Eliminate Barriers to Innovation Act of 2021,” last week, sending it to the Senate. The senate subsequently referred it to the Senate Banking Committee.
2021-5-1 23:00 | |
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The United States House of Representatives has passed a bill that aims to provide regulatory clarity to Bitcoin. The bill called “The Eliminate Barriers to Innovation Act of 2021” was first introduced to the Financial Services Committee in March by ranking Member Patrick McHenry (R-NC).
2021-4-22 20:32 | |
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The crypto community was slammed with news earlier this week that United States House representatives are looking to crack down on stablecoins. The post Ethereum community explodes over proposed stablecoin act from U.
2020-12-5 16:22 | |
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Following a two-week debate in the U. S. Congressional House, the Consumer Technology Act, which covers the Digital Taxonomy Act and the Blockchain Innovation Act, passed on Tuesday. The Act will now head to the Senate for debate.
2020-10-1 21:06 | |
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The U. S House of Representatives has approved two blockchain-affiliated Acts through its Committee on Energy and Commerce; this marks the furthest a blockchain bill has come in the 116th Congress.
2020-9-12 19:38 | |
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The Consumer Safety Technology Act will now be debated in the House of Representatives.
2020-9-10 16:34 | |
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The U. S military could soon be using blockchain technology after a unanimous decision by the House of Representatives to amend the National Defense Authorization Act (NDAA). The amendments were introduced to the House by Rep.
2020-7-25 00:10 | |
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A virtual currency business licensing bill (HB701) sponsored by state Rep. Mark Wright was cleared unanimously by the state House of Representatives and now has been forwarded to the Senate Committee on Commerce, International Affairs, and Consumer Protection.
2020-5-24 19:22 | |
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The global digital technology integration race is on with leading states in Europe and Asia taking the first step in developing national blockchain strategies. With the U.S. lagging behind, U.S. Representative for Kentucky's 2nd congressional district, Brett Guthrie, presented a bill titled “Advancing Blockchain Act” to the Federal Trade Commission (FTC) to enhance the study […]
2020-5-23 18:10 | |
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The U.S government has begun distributing the COVID-19 stimulus checks in a bid to boost the economy. In a new development in the Lower House, Representative Rashida Tlaib (D-MI) is looking to introduce a digital wallet in the new bill titled, ‘Automatic Boost to Communities Act (ABC)” to which the $2000 extended monthly payment will […]
2020-4-19 23:40 | |
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The latest US coronavirus-related bill submitted to the House of Representatives included mentions of the digital dollar, but it seems these mentions have been stripped. The latest version of the House Democrats’ Take Responsibility for Workers and Families Act was revealed on March 23, but it no longer contains anything about the digital dollar in […]
2020-3-24 19:51 | |
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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.
2020-3-17 04:10 | |
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Ted Budd, a Republican Congressman from North Carolina, has recently decided to reintroduce a crypto tax bill this week. The law will be a move to the Ways & Means Committee of the House of Representatives soon.
2019-8-8 23:55 | |
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House Financial Services Committee Chairwoman Maxine Waters has been on a crusade against Facebook’s entry into cryptocurrency via the Libra project. Her rampage continued on Wednesday during a second day of congressional hearings devoted to Libra.
2019-7-18 20:40 | |
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A recent bill, “Keep Big Tech Out Of Finance Act,” recommends prohibiting giant tech firms from serving as financial institutions or launching their own cryptocurrency. Likely geared toward Facebook, the bill was reviewed by Democrats that oversee the House Financial Services Committee.
2019-7-16 18:38 | |
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Speaking at the U. S. House Ways and Means Committee on June 4, 2019, U. S. Republican Congressman Ted Budd mentioned two crypto specific bills he hopes would witness unanimous support from the Congress.
2019-6-11 23:00 | |
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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 […]
2019-6-7 04:44 | |
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Russia’s Central Bank could be considering a gold-pegged cryptocurrency, according to a report by Russian news agency, RIA on May 23, 2019. However, the apex bank states that virtual currency would not act as a substitute for the Russian Ruble.
2019-5-26 01:00 | |
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Minnesota Congressional Representative Tom Emmer has announced plans to reintroduce a bill meant to “provide temporary safe harbor for the tax treatment of hard forks of convertible virtual currency in the absence of administrative guidance.
2019-5-17 18:34 | |
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Cryptocurrencies being characterized as securities may soon fade away, courtesy of the reintroduction of the Token Taxonomy Act in the United States House of Representatives. Proponents of the decentralized currency realm have long contested decentralized currencies being labeled with the securities tag.
2019-4-11 01:30 | |
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The U. S. Senate voted today to block President Donald Trump’s emergency declaration at the United States-Mexico border. Following a weeks-long government shutdown and stalemate with House Democrats over funding to reinforce barriers on the southern border, Donald Trump invoked the Nixon-era National Emergencies Act of 1976.
2019-3-15 00:15 | |
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According to a recent report from the Intergovernmental Panel on Climate Change, the human race has just 12 years to curb carbon emissions before climate change becomes an irreversible, catastrophic event.
2019-3-4 01:20 | |
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The US House of Representatives passed the Financial Technology Protection Act last week. Its part of a bundle of legislation aimed at "outsmarting" terrorists and criminals who use crypto.
2019-2-6 03:31 | |
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On January 28, 2019, U. S. Congress passed a bill to commission an investigation into the role played by cryptocurrency and online markets in global sex trafficking. Following the Trail On January 28, 2019, the Fight Illicit Networks and Detect (FIND) Trafficking Act of 2019 (H.
2019-1-31 11:00 | |
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A bill to begin a study into how cryptocurrencies and the general online marketplace can be used in the proliferation of sex and drug trafficking has been passed by the United States House of Representatives.
2019-1-30 02:58 | |
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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.
2019-1-24 20:28 | |
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Kate Rooney, CNBC’s markets reporter, has revealed that two congressmen are working on a bill to remove crypto from the 72-year-old U. S. securities law. The representatives, Warren Davidson and Darren Soto, are calling it the “Token Taxonomy Act” and will be presenting their ideas to the House within the next few months.
2018-12-24 21:38 | |
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Shortly after the attacks of September 11th, the United States passed legislation giving the federal government sweeping powers. The Patriot Act was designed to be a temporary measure to prevent terrorism in the new age that America found itself in.
2018-11-29 01:14 | |
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Following the 2018 midterm elections, the U. S. will see two new pro-Bitcoin governors sworn into office. Jared Polis (D-CO) and Gavin Newsom (D-CA) both won out against their respective Republican contenders last night, November 6, 2018.
2018-11-7 20:44 | |
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The recently passed bill would create a task force to monitor and develop tools that combat terrorist use of cryptocurrency.
2018-9-29 20:10 | |
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Optimistic signs of a de-escalation in the U.S.-Iran conflict pushed the Nasdaq Composite and S&P 500 to new record highs on Wednesday as Bitcoin moved toward the $75,000 mark. Yahoo Finance data shows the tech-heavy Nasdaq Composite climbed 1.59% to…
US Iran talks bitcoin and oil markets are watching their most consequential diplomatic moment yet as American and Iranian officials meet face-to-face for the first time, with WTI crude at $92 a barrel and BTC at $74,000. US Iran talks…
Kevin Warsh crypto holdings in more than 20 blockchain companies are now public record after Trump’s Fed chair nominee filed a 69-page financial disclosure with the U.S. Office of Government Ethics, with his Senate confirmation hearing set for April 21.…
X is transforming its interface into a financial dashboard with the launch of “smart cashtags” for iPhone users in the US and Canada. According to an announcement from X’s head of product, Nikita Bier, the feature allows users to select…
The crypto regulation standoff over the CLARITY Act shifted Monday when White House crypto adviser Patrick Witt told an interviewer that negotiations have cleared most remaining obstacles and that he is confident the final issues can be resolved, saying “we’re…
A bipartisan effort to bridge the divide between Wall Street and the digital asset industry could see a breakthrough as early as this week. Politico reports that Senator Thom Tillis (R-N.C.) is preparing to unveil a draft agreement aimed at…
The Digital Asset Market Clarity Act is gaining fresh momentum in the U.S. Senate as negotiators work to solidify a bipartisan compromise on stablecoin regulations. Patrick Witt, the executive director of the President’s Council of Advisors for Digital Assets, told…