US House Lawmakers Pass Two Key Blockchain Legislation; Bills Headed To Senate

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.

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U.S Senate Sanctions Following the Hong Kong Security Law Could Affect Crypto Brokerages

The U. S Senate sanctions that were passed in response to the Hong Kong security law might affect crypto brokerage operations. Dubbed the ‘Hong Kong Autonomy Act,' this senate bill aims to reprimand China for eroding the city's autonomy, which had long favored its position as a financial hub.

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New legislation could cause Bitcoin major problems in the US

The US Senate’s LAED Act could put a de facto end to Bitcoin use...

The post New legislation could cause Bitcoin major problems in the US appeared first on Coin Journal.

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Louisiana Senate Proposes Virtual Currency Businesses Act; Crypto Companies Would Need to Register

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.

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US Senate Mulls Granting the FBI Access to Web-Browsing History Without a Warrant

In the US, there is always a proposal on the table to erode consumer privacy in one way or another. A new amendment to the 2001 Patriot Act can have very dire consequences indeed.   It is expected that the 2001 Patriot Act will be renewed by the US Senate later today.

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Senate hostile towards Libra, Facebook suggests regulators must act or risk losing US dollar dominance to Bitcoin

The focus of the hearing between Facebook’s David Marcus and the Senate on the Libra cryptocurrency was trust—or the lack thereof. Marcus, the head of Calibra, strongly suggested that if the U. S.

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US Senate Committee Of Science, Commerce And Transportation Passes Blockchain Promotion Act

The US Senate is making positive progress on a crucial piece of legislation that will lay the ground for a regulatory framework for blockchain technology and how the government can benefit from the technology.

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American senator pleads for children’s protection in anti-lootbox bill

American government officials have finally taken their shot at video game lootboxes. Specifically, Senator Josh Hawley of Missouri announced his intention to introduce the “The Protecting Children from Abusive Games Act” to the US Senate.

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Senate Republicans Mutiny, Deliver Devastating Rebuke to Lawless Trump

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.

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Google is Banning Political Ads in Canada, But the Tech Giant Cannot Be Trusted

Alphabet Inc. ’s Google is banning political advertising in Canada just in time to apply to the 2019 Federal elections. The prohibition came in the wake of the Elections Modernization Act, passed by the Canadian Senate this December, which requires online advertising platforms to monitor and report all political and partisan ads.

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Senate of Utah May Offer Reprieve from Money Transmitter Act for Blockchain Tech Companies

Blockchain technology is still trying to find its place in the US economy, and there has been many regulations that outline what it can and can’t do. Tax laws and other regulations have been customized to promote innovation, but a new bill has been brought to the Utah Senate that would provide them with another […]

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Washington State Recognizes the Validity of Blockchain Technology in New Bill

The Washington State Senate introduced bill SB 5638, an act that recognizes the validity of distributed ledger technology and aims to provide the legal recognition that blockchains were missing, the State’s authorities announced on January 28, 2019.

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Washington State Introduces Bill Encouraging Development of Blockchain and DLT

The Washington State Senate introduced a bill that would—through amending existing legislation—encourage the development of distributed ledger and blockchain technology. The bill appears to codify blockchain-enabled digital signatures and licenses and provide the legal recognition necessary to enforce these standards.

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Fear The Legal Creep: US Blacklists BTC Address Used in Ransomware

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.

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Crypto Task Force Bill Passes House of Representatives, Moves to Senate

A bill that seeks to create a task force to combat the use of cryptocurrency in financing terrorism has just passed the House of Representatives. House Resolution 5036 (H.

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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.

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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.

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