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US CBDC, FIT21 crypto bills: 'A lip service' or balanced regulation?
The US House passed the FIT21 Act to set regulatory clarity for crypto. Next on the line is the US CBDC bill and how the US Senate handles both. US crypto regulation has recorded signifiThe post US CBDC, FIT21 crypto bills: 'A lip service' or balanced regulation? appeared first on AMBCrypto. дальше »
2024-5-23 16:00 | |
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US Lawmaker Brad Sherman Express Worries About FIT21 Crypto Bill’s Approach
The cryptocurrency industry has witnessed a monumental development, following a vote to pass the Financial Innovation and Technology for the 21st Century Act (FIT21) Crypto bill. However, United States Congressman Brad Sherman has voiced concerns regarding the proposed bill, which aims to establish a comprehensive regulatory framework for these digital assets. The pro-crypto bill was […] дальше »
2024-5-23 13:37 | |
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US House Delivers Surprise Knockout: Sweeping FIT21 Crypto Bill Passes
The US House of Representatives passed the Financial Innovation and Technology for the 21st Century Act (FIT21) by a resounding 279 to 136 vote. The bill, seen as a major win for the crypto industry, aims to establish a long-awaited regulatory framework for digital assets in the US. дальше »
2024-5-23 11:06 | |
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House passes FIT21 crypto bill with majority bipartisan support
The US House of Representatives passed the Financial Innovation and Technology for the 21st Century Act (FIT21) on May 22. In all, 279 representatives voted yes, 136 voted no, and 15 abstained from voting on the proposed crypto legislation. дальше »
2024-5-23 04:10 | |
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US House passes landmark FIT21 crypto bill with bipartisan support
The US House of Representatives has approved the Financial Innovation and Technology for the 21st Century Act (FIT21), a wide-reaching crypto regulation bill, with significant bipartisan support despite opposition from the White House and SEC. дальше »
2024-5-23 01:19 | |
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FIT21 bill passed by US House of Representatives
The U.S. House of Representatives approved bill FIT21 by a majority of 279 to 136, pushing it to the Senate. This initial approval of the Financial Innovation and Technology for the 21st Century Act (FIT21) could significantly impact the cryptocurrency… дальше »
2024-5-23 00:54 | |
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White House opposes FIT21, citing concerns over lack of investor protection
Biden opposes the House crypto bill but won't veto it. The White House cites a lack of investor protections in the FIT21 Act. The post White House opposes FIT21, citing concerns over lack of investor protection appeared first on Crypto Briefing. дальше »
2024-5-23 18:11 | |
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FIT21 Act opposed by SEC’s Gensler, cites risks to investors and markets
In a statement released Wednesday, Gary Gensler publicly expressed his dissent against the Financial Innovation and Technology for the 21st Century Act. Gensler’s statement highlighted the potential consequences of the FIT21 bill, stating that it “would create new regulatory gaps… дальше »
2024-5-23 17:58 | |
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Biden Does Not Threaten Veto Against House Crypto Market Structure Bill, But 'Opposes Passage'
U.S President Joe Biden's White House published a statement of administrative policy Wednesday saying the administration opposed the passage of the Financial Innovation and Technology for the 21st Century Act, but without threatening to veto the bill. дальше »
2024-5-23 17:30 | |
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SEC Chair Gensler opposes today’s FIT21 vote yet White House calls no ‘veto’
Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC), issued a statement on May 22 expressing strong opposition to the Financial Innovation and Technology for the 21st Century (FIT21) Act. дальше »
2024-5-23 17:22 | |
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SEC's tough stance on crypto continues: Gary Gensler slams 'FIT 21' Act
Gary Gensler has opposed the “FIT 21” Act, citing regulatory gaps and risks to investors. SEC's crypto stance before the 2024 elections could majorly sway voter sentiment. As former PresThe post SEC's tough stance on crypto continues: Gary Gensler slams 'FIT 21' Act appeared first on AMBCrypto. дальше »
2024-5-22 16:30 | |
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Sources hint at Nancy Pelosi’s support for the FIT21 crypto bill
Nancy Pelosi, the former United States House of Representatives Speaker, could be backing the Financial Innovation and Technology for the 21st Century Act (FIT21), a Republican-led crypto bill. According to sources familiar with Pelosi’s approach, Pelosi could support the bill,… дальше »
2024-5-23 14:00 | |
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SEC's Gensler Says House Bill Would 'Undermine' Regulator's Crypto, Capital Markets Oversight
The Financial Innovation and Technology for the 21st Century Act would hurt investors and hamper the U.S. Securities and Exchange Commission's work, SEC Chair Gary Gensler said Wednesday. дальше »
2024-5-23 12:00 | |
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US House to vote on FIT21 Act, aiming to clarify US crypto regulations
The U.S. House of Representatives is set to vote on the Financial Innovation and Technology for the 21st Century Act (HR 4763), commonly referred to as FIT21, by the end of this month. According to a letter from a16z, this… дальше »
2024-5-22 13:50 | |
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Bitcoin’s realized profit/loss ratio shows market satisfaction with current price levels
Bitcoin’s yearly realized profit/loss ratio measures the proportion of realized profits to realized losses over a rolling one-year period. It’s an underused but significant metric as it can act as an indicator of market sentiment. дальше »
2024-5-15 18:15 | |
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Taiwan revises money laundering act to include digital assets
Taiwan is bolstering its anti-money laundering regulations through amendments to its Money Laundering Control Act, as the island aligns its laws with international standards set by the Asia/Pacific Group on Money Laundering (APG). дальше »
2024-5-9 16:07 | |
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Ex-Digitex Futures Exchange CEO pleads guilty to violating Bank Secrecy Act
U.S. authorities indicted former Digitex CEO Adam Todd in February for failure to implement and maintain an effective Anti-Money Laundering program at the exchange. дальше »
2024-5-8 00:59 | |
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South Korea excludes cryptocurrency in recently updated Donation Act
In a significant legislative update, South Korea has revised its Donation Act for the first time since 2006, broadening the scope of acceptable donation assets but notably excluding cryptocurrencies like Bitcoin. дальше »
2024-5-6 16:04 | |
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New stablecoins law proposed in US — but what are the pros and cons?
Elements of the Payment Stablecoin Act have the potential to be beneficial for American consumers — but critics claim other parts are “unconstitutional.” Republican Cynthia Lummis and Democrat Kirsten Gillibrand have become something of a bipartisan, pro-crypto double act in… дальше »
2024-5-6 15:10 | |
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New US bill aims to eliminate double taxation on crypto staking rewards
Two U.S. lawmakers have proposed a bill that clarifies the taxation framework for cryptocurrency staking rewards. Bipartisan lawmakers Reps. Wiley Nickel, D-N.C., and Drew Ferguson, R-Ga, introduced the Providing Tax Clarity for Digital Assets Act on May 1 to clarify… дальше »
2024-5-2 12:09 | |
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Binance Founder Changpeng Zhao Sentenced to 4 Months in Prison
Changpeng "CZ" Zhao, the founder of cryptocurrency giant Binance, has been sentenced to two years in prison after pleading guilty to violating the Bank Secrecy Act, reflecting heightened regulatory scrutiny in the crypto sector. дальше »
2024-5-1 22:00 | |
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Changpeng ‘CZ’ Zhao faces reduced jail time as judge rejects DOJ request
The judge has diverged from DOJ’s 36-month proposal. Some believe the judge is leaning towards a 10 to 16-month sentence. Changpeng ‘CZ’ Zhao is accused of violating the Bank Secrecy Act. дальше »
2024-5-1 21:57 | |
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Binance Founder Changpeng Zhao Faces 3 Years In Jail
Changpeng Zhao, the founder and CEO of Binance, the largest cryptocurrency exchange globally, faces a sentencing recommendation of three years imprisonment from the US Department of Justice (DOJ). This follows his guilty plea last year to charges concerning severe lapses in the company’s anti-money laundering (AML) controls, as mandated by the US Bank Secrecy Act. […] дальше »
2024-4-24 13:30 | |
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Binance slapped with a new class-action lawsuit in Canada
Cryptocurrency exchange Binance is embroiled in a legal battle in Canada as it faces a class-action lawsuit for allegedly breaching local securities laws. The lawsuit, filed in Ontario’s Superior Court of Justice, accuses Binance of selling crypto derivative products to retail investors without proper registration, contravening the Ontario Securities Act (OSA) and federal law. The […] дальше »
2024-4-24 12:09 | |
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Fetch.AI’s Bullish Trend: Further Rally on the Horizon?
Fetch.ai's price is noting a bullish reversal pattern that could send the altcoin rallying provided Bitcoin continues to act bullish. The post Fetch.AI’s Bullish Trend: Further Rally on the Horizon? appeared first on BeInCrypto. дальше »
2024-4-23 00:30 | |
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Coin Center Opposes ‘Unconstitutional’ Stablecoin Bill – Details
Pro-crypto organization Coin Center is pushing against a new legislative bill targeted at regulating stablecoin use and operations. In a public statement released on Friday, the US-based advocacy group heavily criticized the Lummis-Gillibrand Payment Stablecoin Act, describing it as “unconstitutional” and anti-innovation. дальше »
2024-4-21 06:00 | |
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'Legitimizes Ethereum like never before:' All about the new Stablecoin Act
Berckmans sees potential for Ethereum's legitimacy and market growth. Debate ensues over the bill's impact on stablecoin regulation and Ethereum's ecosystem. Amidst buzz about the recently iThe post 'Legitimizes Ethereum like never before:' All about the new Stablecoin Act appeared first on AMBCrypto. дальше »
2024-4-19 04:00 | |
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US Senate bill would ban algorithmic stablecoins like Ethena USDe
Senators Kirsten Gillibrand and Cynthia Lummis released their much anticipated stablecoin regulation bill this week. Known as the Lummis-Gillibrand Responsible Financial Innovation Act, the bill aims to streamline the stablecoin industry and reduce the risks of another Terra collapse. дальше »
2024-4-18 16:01 | |
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Сенаторы США представили новый законопроект о регулировании стейблкоинов
Сенаторы из штатов Нью-Йорк и Вайоминг, Кирстен Джиллибранд (Kirsten Gillibrand) и Синтия Ламмис (Cynthia Lummis), представили в Сенате обновленный законопроект Payment Stablecoin Act, направленный на регулирование стейблкоинов. дальше »
2024-4-18 15:59 | |
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Has Bitcoin (BTC) & other cryptos stabilized despite heightening tensions between Israel and Iran?
Israel versus Iran faceoff takes a fresh turn after Iran launched dozens of drones in an act of retaliation The possible situation of a war breakout has resulted in the entire crypto-market takThe post Has Bitcoin (BTC) & other cryptos stabilized despite heightening tensions between Israel and Iran? appeared first on AMBCrypto. дальше »
2024-4-14 01:47 | |
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Coinbase Scores Knockout! Court Says Crypto Sales Aren’t Securities
A recent court decision in the United States has offered a mixed verdict for cryptocurrency regulation, with implications for both crypto exchanges like Coinbase and investors nationwide. The US Court of Appeals for the Second Circuit ruled that secondary sales of cryptocurrencies on Coinbase do not fall under the purview of the Securities Exchange Act […] дальше »
2024-4-9 23:00 | |
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Velo and Solana partner to establish a clearing house for Laos’ Digital Gold
This strategic initiative aims to expand Laos’ Digital Gold user base. Solana will act as the blockchain settlement layer. Velo will be responsible for securely validating transactions. Velo and the Solana Foundation have signed a Memorandum of Understanding (MOU) to establish a clearing house for transactions related to Laos’ Digital Gold. дальше »
2024-4-8 18:49 | |
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Tornado Cash co-founder seeks dismissal of US crypto-laundering charges
Roman Storm, co-founder of Tornado Cash, seeks to dismiss charges accusing him of running a money laundering operation and violating the International Emergency Economic Powers Act. дальше »
2024-3-31 17:19 | |
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Is Bitbot a buy after BlackRock dubbed BTC not a ‘risk-on’ asset?
Bitcoin is not really a “risk-on asset” – it is, instead, more like digital gold, says Robert Mitchnick of BlackRock Inc. What Mitchnick said at the Bitcoin Investor Day conference Mitchnick agrees the world’s largest cryptocurrency does sometimes act similar to a high-risk tech stocks. дальше »
2024-3-27 17:39 | |
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QUBIC, SEI, Cellframe (CELL), and These 5 Tokens Have Upcoming Events That Could Make Them 100x
As the crypto market gears up for a potential new bull cycle, analysts are keeping a close watch on several altcoin projects with significant upcoming events that could act as catalysts for exponential price growth. дальше »
2024-3-22 23:15 | |
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Dogecoin Whale Dumps Substantial Holdings On The Market – Here’s How Much
A Dogecoin (DOGE) whale recently offloaded significant portions of their DOGE holdings in an act of profit-taking. This action has negatively affected the meme coin’s price, which has been on a downward trend since then. дальше »
2024-3-17 20:30 | |
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MicroStrategy set to buy more Bitcoin, to raise $500m via convertible notes
MicroStrategy® Incorporated (Nasdaq: MSTR) on Wednesday said it will raise $500 million by offering convertible senior notes due 2031 in a private sale targeted at qualified institutional buyers, as per Rule 144A of the Securities Act of 1933. дальше »
2024-3-14 01:31 | |
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Crypto’s New Frontier: Wyoming Shatters Barriers With New DAO Legislation
According to a report by Fortune Magazine, the state of Wyoming is looking to solidify its position as a crypto-friendly state with the recent signing of the Decentralized Unincorporated Nonprofit Association Act. дальше »
2024-3-10 04:30 | |
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Wyoming to recognize DAOs as legal entities under newly passed law
Wyoming has passed a law recognizing blockchain-based decentralized autonomous organizations (DAOs) as legal entities. The bill — titled the Decentralized Unincorporated Nonprofit Association Act (DUNA) — was signed by the state’s Governor on March 7 and will be effective starting July 1. дальше »
2024-3-9 02:45 | |
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