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US House Committee Passes Bill to Block Digital Dollar Launch


A bill designed to block the potential launch of a US central bank digital currency (CBDC) has progressed to the floor of the US House of Representatives following the house committee approval on Wednesday.  The bill, spearheaded by Republicans within the House Financial Services Committee,...

Maxine Waters Slams Republican Bill Hindering U.S. Progress on CBDC


The U.S. House Financial Services Committee is currently a battleground for discussions concerning the possible launch of a Central Bank Digital Currency (CBDC) by the Federal Reserve.  Today, Maxine Waters, a Democratic representative from California, sharply criticized a bill reintroduced...

Brazil Debates Bill To Protect Debtors’ Digital Assets


Brazilian lawmakers make moves to include cryptocurrencies in the list of debtors-protected assets on behalf of creditors following their recognition as tradable property. In recent months, Brazil has embarked on a major change to reduce the seizures of debtors' assets which is meant to settle...

UK Passes Bill to Seize Crypto from Illicit Activities


The United Kingdom’s House of Lords has pushed The Economic Crime and Corporate Transparency bill to its final stages of approval. The bill was introduced in September 2022 with a bid to expand the powers of financial authorities in the country to confiscate monetary proceeds from financial crimes...

Circle CEO Jeremy Allaire: Stablecoin Bill Unlikely to Be Signed Into Law


Jeremy Allaire, CEO of Circle, the issuer of USDC, the second-largest stablecoin in the market, has shared his skepticism about the passing of a stablecoin law anytime soon. On Laura Shin’s podcast, Unchained, Allaire explained that, while there is a consensus about the importance...

Nine Senate Dems Drum Support for Warren’s Crypto Bill


Senator Elizabeth Warren has garnered further support in the Senate for her soon-to-be-released Digital Asset Anti-Money Laundering Bill. This is contained in a press release from Warren's office. According to the document, nine democratic senators have pitched their tents with Warren.  The...

Bitcoin Price Prediction: Kiyosaki's Nod, FTX Recovers, Warren's Bill Rises


In a vibrant start to the week, Bitcoin is registering a modest increase of nearly 0.50%, trading at $26,647. This uptick coincides with notable developments in the crypto landscape.  Financial educator Robert Kiyosaki has voiced his strong reservations about traditional fiat currency, going...

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