State of Stablecoins After GENIUS Act: Expert Insights

State of Stablecoins After GENIUS Act: Expert Insights
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2025-8-1 18:23

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Top altcoin to buy as US Republicans declare ‘crypto week’ to mull 3 crypto bills

US Republicans are igniting fresh momentum in the crypto market, designating July 14-18 as ‘Crypto Week’ to evaluate three pivotal bills.  House leaders, including Speaker Mike Johnson, are pushing the GENIUS Act for stablecoin regulation, the CLARITY Act for market structure, and the Anti-CBDC Surveillance State Act to block central bank digital currencies. This legislative […]

2025-7-7 12:31


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Ohio becomes latest state to propose Bitcoin treasury to protect funds from US dollar devaluation

Ohio lawmaker Derek Merrin introduced a groundbreaking bill to establish a Strategic Bitcoin Reserve within the state treasury, according to a Dec. 17 statement. The proposed legislation, known as the Ohio Bitcoin Reserve Act, seeks to empower the state treasurer with the authority to invest in Bitcoin, aligning with the growing trend of adopting it […] The post Ohio becomes latest state to propose Bitcoin treasury to protect funds from US dollar devaluation appeared first on CryptoSlate.

2024-12-18 16:40


New York Attorney General Proposes New Crypto Regulatory Act

New York Attorney General (AG) Letitia James has proposed a new state bill to regulate the cryptocurrency industry further, as she believes the space is enduring “rampant fraud and dysfunction”. This new set of crypto regulations would impose independent public audits of crypto exchanges, ensuring that New York residents do not lose their cryptocurrency investments to deceptive business practices.

2023-5-6 12:40


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Lawmakers Propose Bill To Include Crypto In Cybersecurity Act

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


Crypto miners strike gold in Oklahoma as state introduces new tax incentives

Oklahoma lawmakers are in the final stages of introducing legislation that would make the state the new cryptocurrency mining hub in the United States Called the “Commercial Digital Asset Mining Act of 2022,” the proposed bill would see the state provide various incentives to businesses in “innovative technological industries” that set up shop in Oklahoma.

2022-4-5 22:00


Bukele tells U.S Senators El Salvador’s Bitcoin Law is not their concern

President Bukele reacted to a U. S Senate bill on El Salvador’s Bitcoin Law by saying, “stay out of our internal affairs. ” The bill, titled “Accountability for Cryptocurrency in El Salvador (ACES) Act,” calls for the State Department to assess El Salvador’s adoption of Bitcoin with a view to “mitigate potential risks” to the United States financial […] The post Bukele tells U.

2022-2-17 17:30


Bank of Thailand Declares Terra-based Thai Baht Stablecoin THT Illegal & In Violation of Currency Act

The Bank of Thailand (BoT) has declared THT, a Baht-pegged stablecoin on Luna-powered Tera, in violation of the Currency Act of 1958, which gives the state exclusive authority to issue money. Pruettipong Srimachand, Assistant Governor of the Legal Group at the central bank, reported on the development around stablecoins in the private sector.

2021-3-18 19:31


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Uganda Crypto Ponzi Scammers Beware, Gov’t Plans New Sanctions

The Ugandan Ministry of Finance have once again issued a warning about investing in crypto-assets, over concerns of rising Ponzi and pyramid schemes. Local sources say the Government is now updating its Penal Code Act to outlaw these types of scams Crypto Ponzi schemes are pilfering Ugandan investors Uganda’s State Minister of Finance, David Bahati, spoke to Uganda’s Parliament yesterday, and asked the government to publish public warnings to Ugandan investors about the risks ofRead More The post appeared first on Bitcoinist.com.

2020-2-6 05:00


Illinois ‘Blockchain Technology Act’ Is Now In Effect, Smart Contracts Will Be Legally Binding

The State of Illinois is on the forefront of implementing blockchain regulation as the “Blockchain Technology Act” sponsored by Rep. Keith Wheeler (R), took effect on Jan 1, 2020. The new laws will govern the development of blockchain technologies, purchase and transfer of digital currencies and governing smart contracts. The new laws opens up the […]

2020-1-10 16:30