Dueling Digital Dollar Bills Debated in Congressional Hearing on U.S. CBDC

2023-9-15 19:24

The idea of a digital dollar in the U. S. is so egregious to Republican lawmakers that it’s become a presidential campaign talking point and the subject of multiple bills to strangle it before it takes a first breath.

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Источник: coindesk.com

digital bills → Результатов: 93

Digital Yuan Can Now Be Used to Pay for Electricity Bills

The digital Yuan can be touted as the most advanced central bank digital currency (CBDC) yet. After developing the state-backed cryptocurrency for years, China continues to add new sectors where residents can spend their digital money, and the latest seems to be electricity bills.

2021-7-24 21:00	Digital Yuan
digital bills yuan electricity new sectors years

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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.

2020-10-1 21:06	Legal & Regulation
act senate debate house blockchain digital taxonomy

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Legislation on blockchain in commerce to hit Congress floor

US legislators approve two bills in the blockchain and digital asset space that will... The post Legislation on blockchain in commerce to hit Congress floor appeared first on Coin Journal.

2020-9-10 14:09	blockchain
blockchain legislation congress floor commerce hit space

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Putin Approves Cryptocurrency Bill, Stopping Russians From Using Bitcoin for Payments

On Friday, Vladimir Putin, Russia’s president, signed one of the two digital assets bills into law, Russian media outlet RIA reports. The new law was passed by Russia’s parliament, Duma, last week and states that firms can provide virtual securities on blockchain platforms provided they are well registered with the country’s central bank, Bank of […]

2020-7-31 22:04	Legal & Regulation
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Putin Signs Russian Crypto Bill Into Law

Russia's president signed the first of two bills on digital assets into law on Friday.

2020-8-1 18:24	Regulation
law two bills friday assets digital signed

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US Congress Banking Committee Discusses The Development Of Digital Money and Payments Systems

With over 32 bills on digital currencies and payment systems introduced in the 116th U. S Congress, these new technologies got yet another day in the lawmakers’ chambers. According to a remote hearing earlier today, the U.

2020-7-1 21:58	Legal & Regulation
digital systems congress yet another got new

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U.S.: 32 Crypto and Blockchain Bills Before Congress Could Shape America’s Digital Future

Crypto regulations in the United States may become clearer in the coming years as the country’s legislature is examining more than 30 bills related to the emerging digital economy. Focus on Crypto Regulation and Tax Laws According to a Forbes report, the U.

2020-4-29 17:00
crypto digital bills related emerging examining economy

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How a Flurry of ‘Digital Dollar’ Proposals Made It to Congress

Law professors who've long pushed for a digital dollar worked with Congress to bring the concept to a series of coronavirus relief bills earlier this week.

2020-3-27 20:30	COVID-19
congress dollar digital series concept coronavirus bring

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Shelter-in-Place for Cash? 2 Bills Submitted by US Congress Mention ‘Digital Dollars’

During the last few days, members of the U. S. Congress have been trying to pen a stimulus plan to help the American economy. Since then, a few bills have been submitted by representatives and two particular proposals House democrats have tabled talk about a “digital dollar” and “digital ledger entries.

2020-3-25 22:10
digital congress bills submitted proposals two representatives

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3 Reasons Why Bitcoin Price is Bullish Right Now

Bitcoin price has jumped over 15% during the last 24 hours, currently trading above $6,700. Here are three main reasons behind the surge: Congress Discuss Digital Dollar by Fed to Fight Crisis House Democrats proposed two bills that revolve around the creation of a digital dollar and digital wallets, so that the Federal Reserve (Fed) could transfer digital cash directly to individuals and businesses.

2020-3-25 16:00
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House Stimulus Bills Envision ‘Digital Dollar’ to Ease Coronavirus Recession (Updated)

Proposed legislation meant to shore up the U.S. economy during the coronavirus pandemic includes a recommendation to create a digital dollar.

2020-3-25 00:05
dollar coronavirus digital economy shore recommendation includes

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House Stimulus Bills Envision ‘Digital Dollar’ to Ease Coronavirus Recession

Proposed legislation meant to shore up the U.S. economy during the coronavirus pandemic includes a recommendation to create a digital dollar.

2020-3-24 00:05
dollar coronavirus digital economy shore recommendation includes

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Russia Regulates Digital Rights, Advances Other Crypto-Related Bills

After much deliberation in the past months and years, Moscow has recently taken important steps toward regulating the crypto space. These are part of the efforts to open the way for the development of the Russian digital economy.

2019-10-5 23:32	Russia
digital russia bills advances rights regulates crypto-related

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Taxation Isn’t Just Theft – It’s Bad for Crypto Adoption

Crypto awareness is reaching levels almost unimaginable just years ago, with telecommunications giants, big banks, mainstream media, and even professional sports teams now discussing and flouting digital assets.

2019-9-19 00:14
crypto bitcoin taxation adoption theft bad isn

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Accept Direct Crypto Payments Using the Rocketr Gateway

It’s in the best interest of businesses to offer their customers a variety of payment options. Cryptocurrencies can undoubtedly bring more buyers and many merchants have introduced support for digital assets.

2019-6-16 13:20
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Piixpay Lets You Pay Bills and Invoices With Cryptocurrency

If you need to regularly cover fiat payments but prefer to use your digital assets, a platform like Piixpay can be very helpful. The payment provider allows you to use cryptocurrencies to pay invoices, bills and make other recurring payments to recipients that still accept only traditional money.

2019-6-15 17:20	transactions
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Australian Civil Servant Caught Mining Crypto With Government Hardware

The Australian Federal Police (AFP) has charged a government employee alleged to have misused government IT infrastructure for personal cryptomining operations, per a press release.

2019-5-22 18:47	Law & justice
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With Latest Partnership, Ledger Vault Offers a Fix to Crypto’s Custody Problem

Within the sphere of traditional finance, at least, crypto has a custody problem. The problem? Crypto is complicated, security is tricky and — if we’re being frank — the suits don’t know a bit from a byte (or a blockchain from a cloud server).

2019-4-12 22:03	Bitcoin
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‘Bitcoin Bank’ Silvergate Says Crypto Client Base Climbed 122% in 2018

Silvergate Bank, which bills itself as the “leading provider of innovative financial infrastructure solutions and services to participants in the digital currency industry,” has disclosed in a preliminary prospectus filed with the U.

2019-3-21 00:30
silvergate crypto bank 122 bitcoin 2018 client

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Op Ed: Hanging Money Launderers Out to Dry: The Role of KYC/AML in Blockchain

Crime isn’t supposed to pay, but sometimes the wages of sin are paid in bitcoin. Last week, Japanese police reported that 2018 saw a tenfold increase of cryptocurrency money laundering.

2019-3-20 16:49	Op-ed
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Homeland Security Bill is Overkill, Bitcoin Isn’t Good For Terrorists, Here’s Why

As the 116th Congress gets underway, a wide range of proposals affecting blockchain technology are on the agenda. Some of the bills would provide greater regulatory clarity for operators within the space.

2019-3-13 18:18	Bitcoin
security homeland terrorists good bill overkill bitcoin

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Proposed Texas Bill Would Require ID Verification for Crypto Use

A bill proposed by the Texas legislature will require that all receivers of cryptocurrency in regular transactions verify the identity of the cryptocurrency sender before accepting any payment.

2019-3-12 01:04	Regulation
cryptocurrency bill texas person payment digital currency

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Blockchain Advocacy Coalition Sponsors Bill to Allow Crypto for Legal Cannabis Tax

Activist group Blockchain Advocacy Coalition (BAC) has sponsored a bill in California’s 19th State Assembly District, set to allow legal cannabis businesses in the district to pay their state taxes using cryptocurrency.

2019-3-1 20:16	Regulation
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New Aave app allows users to pay bills with cryptocurrency

Tech company Aave is bringing cryptocurrency another step closer to mainstream adoption with the launch today of Aave Pay, an app through which consumers can use a wide range of digital currency holdings to pay their bills. Cryptocurrency holders can... Source

2019-2-28 05:31
pay aave cryptocurrency bills app use consumers

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The State of Wyoming Passes Three Bills for the Crypto Industry

CoinSpeaker The State of Wyoming Passes Three Bills for the Crypto Industry The new bill by Wyoming classifies digital assets as property while legalizing its uses in other blockchain-based financial services.

2019-2-20 17:41
wyoming crypto bills industry three state passes

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Wyoming Passes New Friendly Regulations for Crypto Assets

The Wyoming state government has been expanding its status as a hub for crypto and blockchain technology by passing several new bills this February. According to Wyoming-based blockchain advocate Caitlin Long, the state of Wyoming has recently passed resolution SF0125 on February 14, 2019, claiming that Wyoming “law recognizes property rights in the direct ownership of digital assets.

2019-2-15 22:18	Regulation
wyoming assets blockchain crypto digital bill property

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Paris Fintech Forum Reportedly Over Crypto — But Who Really Cares?

It’s no secret that the Bitcoin and the cryptocurrency industry it spawned are currently experiencing the depths of what many are now calling ‘The Crypto Winter’ — a fact reportedly evidenced by this year’s Paris Fintech Forum.

2019-2-4 23:00
fintech paris crypto reportedly cryptocurrency event year

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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.

2019-1-24 20:28	Regulation
canada elections bitcoin donations political cryptocurrencies crypto

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Russian Parliament to Focus on Digital Economy Bills in Next Session, Says Chairman

The chairman of the lower chamber of the Russian parliament, Vyacheslav Volodin, has prioritized digital economy bills, including one on crypto

2019-1-11 00:40	Cryptocurrencies
russian chairman economy bills digital parliament volodin

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Why Ohio’s State Treasurer Backs Decision to Accept BTC For Tax Payments

As tax season is rapidly approaching, some states, like Ohio, have decided to set a new standard for the rest of the country to follow. Back in November, Ohio became the first state in the U.

2019-1-3 20:53	Adoption & community
ohio state pay taxes mandel bitcoin cryptocurrency

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Pan-African Bitcoin Exchange Kubitx Goes Live, Launches OTC Wallet

Kubitx, a pan-African digital asset exchange, went live on Dec. 20 after completing its beta test. The Malta-registered trading platform has also released what it calls a “hybrid over-the-counter (OTC) wallet” allowing users to buy and sell cryptocurrencies including BTC and BCH as well as to pay bills.

2018-12-21 07:00	Zimbabwe
wallet pan-african otc live bitcoin exchange kubitx

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British Lawmaker Proposes Tax and Utility Bill Payments in Bitcoin

U. K. lawmaker Eddie Hughes has proposed that taxpayers should have the option to pay council tax and utility bills in cryptocurrencies such as BTC. The 50 year-old conservative legislator for the Walsall North constituency said the move would place the country at the forefront of digital currency adoption in Europe.

2018-12-12 23:55
bitcoin utility tax lawmaker british payments bill

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Bipartisan Bitcoin Bills to Step up Consumer Protection in the U.S.

Two United States congressmen have introduced two pieces of legislation to help prevent alleged cryptocurrency price manipulation while aiming to position the U. S. at the forefront of innovation within the digital asset industry.

2018-12-8 10:12
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Wyoming Passes Bill to Secure Banking Relations for Blockchain Companies

The state of Wyoming has passed a blockchain bill that allows banks to provide banking services to blockchain companies in the state. According to the legislative document, the new bill would create a new banking category called the Special Purpose Depository Bank, a group of financial institutions in the state that provide banking services to blockchain-based businesses.

2018-12-3 19:48	blockchain
blockchain state banking wyoming banks bill services

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Ivy and Hiveex Launch Ivypay to Facilitate Consumer Bill Payments in Australia

Ivypay, a cryptocurrency-based payments platform, was launched in Australia on Nov. 19. The service — built by blockchain company Ivy in partnership with Hiveex, a cryptocurrency broker — allows Australians to use digital currencies to pay bills and transfer money directly into their bank accounts.

2018-11-19 15:30
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Is Russia on Its Way to Adopting Its Own State-Backed CryptoRuble?

Russia may be on the way to adopting its own central bank digital currency, according to Anatoly Aksakov, chair of the State Duma’s Financial Market Committee. The Russian Parliament is studying three bills, introduced in March, to regulate smart contracts, digital currencies, cryptocurrency mining, and initial coin offerings (ICOs).

2018-11-9 02:00
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Op Ed: Bitcoin’s Energy Consumption Is Neither Frivolous Nor Excessive

As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency.

2018-11-1 23:35	Op-ed
bitcoin energy mining currency use world traditional

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Bitcoin Is Too Eccentric For Traditional Banks

The crypto world seems to be on a different planet to the regular banking world. The companies behind the various digital currencies and their products are almost out of a futuristic science fiction movie.

2018-10-11 13:00	Bitcoin
traditional crypto banking business atb banks world

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Dubai Set to Introduce Cryptocurrency Payments

Dubai will enable its citizens and residents to make digital payments for retail purchases, bills, and even school fees with a state-backed cryptocurrency thanks to a partnership between Emcredit – Dubai’s Credi Bureau and two blockchain-related firms.

2018-10-9 13:00
dubai cryptocurrency bills payments purchases retail using

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Minnesota Congressman Introduces Three Bills Backing Blockchain

On Friday, Sept. 21st, Minnesota Congressman Tom Emmer announced that he intends to introduce three pieces of legislation in support of blockchain technology and digital currencies. Great support for #blockchain by @RepTomEmmer spearheading 3 pieces of legislation to bring vision and clarity to the industry! https://t.

2018-9-26 19:00	United States
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U.S. Congressman Tom Emmer to Lead Pro-Blockchain and Crypto Legislation

Mr. Tom Emmer, US Congressman for Minnesota’s 6th District announced his intention to promote and protect the implementation of these technologies by elaborating several revolutionary legal instruments.

2018-9-24 07:58
congressman tom emmer announced legislation crypto pro-blockchain

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Three Pro-Cryptocurrency Bills to Be Introduced to Congress

Three pieces of legislation will be brought before Congress by the co-chair of the Congressional Blockchain Caucus. Their intent is to streamline the growing industry by introducing concise and transparent guidelines for businesses and investors, while also providing a safe harbor for taxpayers who use cryptocurrencies.

2018-9-23 02:00
three blockchain congress bills introducing pro-cryptocurrency introduced

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U.S. Congressman Drafts Blockchain Development Bills

The newly elected co-chair of the Congressional Blockchain Caucus, U. S. Representative Tom Emmer, has introduced a trio of blockchain-focused bills in support of the development and use of blockchain technology and digital assets.

2018-9-22 18:10	Regulation
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Alternative Crypto Bills Presented in Ukraine and Russia

Draft laws employing alternative approaches to regulating digital currencies have been introduced in Ukraine and Russia. In Kiev, a bill that classifies cryptocurrency as an asset, unit of exchange and store of value has been filed in the Rada and it’s supported by both deputies and representatives of the industry.

2018-9-16 03:35
alternative russia ukraine crypto presented bills both

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Malta Stock Exchange and Binance to Launch Tokens Platform

MSX PLC, the digital asset arm of the Malta Stock Exchange, has signed a Memorandum of Understanding (MoU) with Binance to launch a digital exchange for trading security tokens, per its press release.

2018-9-12 00:01	Adoption & community
malta binance exchange blockchain security tokens stock

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XRP Price Analysis: XRP Prices Lag as Technicals and Fundamentals Diverge

Brad Garlinghouse remains a dedicated Ripple and XRP ambassador. Recently, he admitted that citizens are far from using XRP for buying coffee or settling normal bills. That’s why he considers XRP a “digital asset” which the company—as acknowledged by Mitsubishi UFJ Financial Group—is using to build a convenient, secure and cheap remittance solution for companies.

2018-9-5 05:00
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Cointree-Gobbill Partnership Enables Australians to Pay Utility Bills With Cryptocurrencies

Cryptocurrency exchange and digital wallet Cointree has partnered with artificial intelligence financial assistant Gobbill so that Australian users can now pay their bills with digital assets.

2018-8-21 18:00	#neo
pay bills cryptocurrencies partnership cointree assets gobbill

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Australian Fintech Startups to Let Locals Pay Bills with Crypto

Australians will be able to settle their bills with digital currencies thanks to a partnership between crypto marketplace Cointree and billing platform Gobbill.

2018-8-21 17:01	News
crypto bills between partnership thanks currencies marketplace

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Australians Can Pay Utility Bills With Bitcoin (BTC)

Bitcoin (BTC)–In terms of adoption for cryptocurrency, being able to pay for real world goods and services with the digital currency has long been viewed as the gold standard. The bear market of 2018 has led to a shift in focus away from the fundamentals of crypto and the usability of blockchain transactions in favor […] The post Australians Can Pay Utility Bills With Bitcoin (BTC) appeared first on Ethereum World News.

2018-8-21 01:48	Cryptocurrency News
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Digital Dollar May Pose 'Significant Risk,' Fed Governor Bowman Says

Governor Michelle Bowman suggests other payments services, including FedNow, may do a CBDC's job better, and she's also suspicious of the dangers of stablecoins.

Fed Governor Bowman Says U.S. CBDC May Pose 'Significant Risk'

Governor Michelle Bowman suggests other payments services, including FedNow, may do a CBDC's job better, and she's also suspicious of the dangers of stablecoins.

U.S. CBDC Efforts Opposed in Legislation Advanced by House Republicans

A crypto-related bill meant to stifle a future U.S. central bank digital currency is now heading toward consideration on the floor of the U.S. House of Representatives after committee approval Wednesday, marking further progress for digital assets legislation in Congress.

US lawmakers advance legislation blocking the digital dollar

On Sep. 20 the House Financial Services Committee will mark up two bills blocking a potential digital dollar in the United States.

Dueling CBDC Bills Heading for U.S. Digital Dollar Debate in Congressional Hearing

House committee will reopen discussions on digital dollar in Sept. 14 hearing

Following an August recess, members of the House Financial Services Committee will gather for a “Digital Dollar Dilemma” hearing on Sept. 14.

2023-9-15 19:24

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