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Nalezeno "us bill": 2608

Draft bill suggests separating legislation on payment stablecoins and digital asset markets

24.4.2023
The draft bill no longer included aspects of an earlier version that included legislation of custodial service providers and algorithmic stablecoins, as well as a CBDC study

House Republicans Make Case on Stablecoin Bill After Democrats Called for Do-Over

24.4.2023
Republicans on the House Financial Services Committee are taking another swing at stablecoin legislation with a discussion draft revealed Monday afternoon, which may mark a new starting point for negotiations with Democrats

White House Economist Warns China Wants to Weaken US Dollar’s Reserve Currency Status — Senator Says Biggest Threat Comes From Within

22.4.2023
In a congressional hearing, White House economist Jared Bernstein says there’s “some evidence” that China wants the U.S. dollar to lose its status as the world’s reserve currency. However, U.S. Senator Bill Hagerty stressed that the biggest threat to the USD dominance comes from within. China Wants...

‘Proof of Reserve’ bill passes in Texas House of Representatives

21.4.2023
Digital asset providers would be restricted from comingling customer funds with any other type of operational capital

Arkansas Makes Gold, Silver Legal Tender; 23 States Involved in Similar Legislation to Establish US Dollar Alternatives

21.4.2023
A bill signed into law on April 11 has made gold and silver legal tender in the U.S. state of Arkansas, allowing citizens to use gold and silver coins to pay debts. The bill also clarifies that gold and silver “specie” (coins) will not be considered property for tax purposes,...

Crypto Lender Maple Finance Opens U.S. Treasury Bill Pool for Cash Management

19.4.2023
Maple’s new lending pool offers accredited investors, crypto firms and DAO treasuries a way to earn yield on their idle stablecoin holdings by investing in one-month U.S. Treasury bills

Crypto firm Mawson sells Texas sites for $8.5M ahead of vote on anti-mining bill

19.4.2023
A Singapore-based fund manager will purchase Mawson Infrastructure Group's Texas subsidiary and said it will participate in the state energy grid’s load response program

Democrats Blast Draft Stablecoin Bill in First 2023 Hearing on Issue

19.4.2023
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

US Lawmaker Introducing Legislation to Remove SEC Chairman Due to ‘Long Series of Abuses’

19.4.2023
A U.S. lawmaker has announced that he is introducing legislation to remove the Securities and Exchange Commission (SEC) chairman in order to “correct a long series of abuses.” The SEC, under Chair Gary Gensler, has been heavily criticized for its enforcement-centric approach to regulating...

What’s in the House Financial Services Committee’s Stablecoin Bill?

19.4.2023
The House Financial Services Committee has finally unveiled its stablecoin legislation, proposing a framework for stablecoin issuers such as Circle and Tether to define how their offerings can be regulated by state and federal entities, while calling for a temporary ban on algorithmic stablecoins

Draft U.S. Stablecoin Bill Shows Major Difference Between Stablecoins and CBDCs

17.4.2023

Elon Musk reaffirms AI's potential to destroy civilization

16.4.2023
Speaking about artificial intelligence's potential for civilizational destruction, Musk said, “Anyone who thinks this risk is 0% is an idiot.”

U.S. Congress to introduce new draft bill for stablecoins

15.4.2023
Failure to register as a stablecoin issuer could result in up to five years in prison and a fine of $1 million. Issuers out of the United States would have to seek registration to operate in the country

US House Committee Publishes Draft Stablecoin Bill

15.4.2023
The stablecoin is the first major piece of crypto legislation in 2023

Arizona Governor Vetoes Bill to Limit Local Regulations and Taxes on Blockchain Node Operators

14.4.2023
Arizona Governor Katie Hobbs has vetoed legislation that would have barred municipalities from taxing cryptocurrency mining operations. In a Wednesday letter, Hobbs said that the bill SB 1236 seeks to tie the hands of local stakeholders in regard to crypto mining policymaking. She said: "The bill...