New Era In Crypto? Stablecoin Legislation Could Eclipse Bitcoin ETF Impact – Bitwise CIO

The US Congress could catalyze a more significant shift than introducing spot Bitcoin ETFs. Bitwise Chief Investment Officer Matt Hougan’s view underscores a pivotal moment for the crypto industry. дальше »

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Stablecoin Bill Unlikely to Get Pinned to FAA Reauthorization, Putting Effort On Hold Again

Advocates for long-awaited U.S. stablecoin legislation tried to tie it onto an unrelated must-move reauthorization bill, but leaders in the Senate and House of Representatives are seeking to keep that effort clear of such attachments, according to a Democratic aide. дальше »

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Stablecoin Legislation Must Respect the Dual-Banking System

The Lummis-Gillibrand stablecoin bill subordinates state regulation to federal control, giving Washington too much power as to which entities can issue these important digital assets, say Jack Solowey and Jennifer J. Schulp at the Cato Institute. дальше »

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New UK Law Empowers Authorities to Seize, Freeze, Destroy Crypto

UK's new cryptoasset legislation enables authorities to confiscate items like passwords and memory sticks that could aid criminal inquiries. The post New UK Law Empowers Authorities to Seize, Freeze, Destroy Crypto appeared first on BeInCrypto. дальше »

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UK authorises police to seize illicit crypto without arrests

UK police now have powers to seize, freeze or destroy criminal crypto holdings. It follows new legislation that comes into effect today, April 26, 2024. Reforms to help UK’s national security, said Home Secretary James Cleverly. дальше »

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US Stablecoin Legislation Nears Approval: Rep. Maxine Waters

US Representative Maxine Waters, the ranking member of the Financial Services Committee, has suggested that bipartisan consensus is imminent regarding stablecoin legislation. This development underscores ongoing efforts across party lines and government agencies to establish a regulatory framework for digital assets. дальше »

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Top FSC Democrat says stablecoin bill is imminent

Key Democrat Representative Maxine Waters predicts an imminent deal on legislation to regulate stablecoins after 22 months of negotiation with Republican Patrick McHenry. The post Top FSC Democrat says stablecoin bill is imminent appeared first on Crypto Briefing. дальше »

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Sen. Lummis: It'll Pay to 'Choose Circle Over Tether' Under U.S. Stablecoin Proposal

Circle Internet Financial would have a distinct advantage over global stablecoin leader Tether under U.S. regulations along the lines being suggested by new legislation, according to one of the latest bill's authors, Sen. Cynthia Lummis (R-Wyo.). дальше »

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Arkansas State House passes bills to limit cryptocurrency mining

The Arkansas State House has approved two bills that could see a ban on crypto mining activities within the state. At present, the bills are still under consideration and have yet to progress to full-fledged legislation; they establish the framework… дальше »

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US senators propose bipartisan stablecoin bill opening door to FDIC insurance in US

US senators Cynthia Lummis and Kirsten Gillibrand have jointly unveiled bipartisan legislation aimed at creating a clear regulatory framework for payment stablecoins, according to an April 17 statement. дальше »

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U.S. Senators Lummis, Gillibrand Take on Stablecoin Legislation With New Bill

U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) are taking another swing at crypto-specific legislation, with a narrowly tailored bill seeking to define how stablecoins – cryptocurrencies that maintain a value with some other asset, like the U.S. dollar – will operate in the U.S. дальше »

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New legislation in Arkansas singles out Bitcoin miners introducing targeted state fee

The Arkansas Senate has greenlit a resolution introducing legislation to impose fees on crypto miners for excessive energy consumption, Arkansas Times reported on April 15. The proposed legislation introduces a tiered fee structure to the emerging industry. дальше »

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New UK Legislation To Govern Crypto Staking, Trading, By Mid-2024: What You Need To Know

The United Kingdom is poised to enact new legislation covering stablecoins and various crypto activities, including staking, trading, and custody.  The forthcoming regulations, which are expected to be implemented by June or July 2024, mark a significant milestone as they bring digital assets, such as the operation of exchanges and the custody of customer funds, […] дальше »

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UK to legislate ‘whole host’ of crypto activities starting in the summer

UK Economic Secretary to the Treasury Bim Afolami said the country is working on legislation for crypto regulations permitting several activities. Speaking at the Innovate Finance Global Summit (IFGS) 2024 on April 15, Afolami emphasized the regulatory regime’s far-reaching nature and said the change would bring a “whole host” of crypto activities within regulatory bounds. дальше »

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Stablecoin regulation more likely this year following key discussions among lawmakers

Recent discussions between House leaders and Senate Majority Leader Chuck Schumer may lead to action on stablecoin legislation during this summer’s session or in the year-end lame-duck session, according to investment bank TD Cowen. дальше »

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UK to implement new crypto, stablecoin legislation by Q3

The British government plans to introduce new regulations for stablecoins and other crypto services, such as staking, exchange, and custody, by mid-year. дальше »

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UK to Issue New Crypto, Stablecoin Legislation by July, Minister Says

The country passed a landmark bill in June that laid the foundation for stablecoins and other crypto to be treated as regulated financial activities. дальше »

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Vietnam’s minister advocates for crypto regulations, not ban

The deputy director of the Economic and Civil Legislation Department in Vietnam, Cao Dang Vinh, has clarified that cryptocurrencies are not banned in the country, but there is a need for a comprehensive legal framework. дальше »

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Top U.S. House Lawmakers Meet on Stablecoin Bill Strategy: Punchbowl

The U.S. congressional effort to establish regulations for stablecoins has become an increasing longshot for passage this year, but the lawmakers who've pushed legislation the farthest reportedly had a meeting with Senate Majority Leader Chuck Schumer about it, Punchbowl News reported. дальше »

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US senators to unveil bipartisan stablecoin legislation

Senator Kirsten Gillibrand revealed ongoing discussions about forthcoming stablecoin regulation дальше »

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US Senators Gillibrand and Lummis Set to Unveil a New Stablecoin Legislation

Senators Gillibrand and Lummis's upcoming stablecoin legislation marks a crucial step towards integrating cryptocurrencies into the financial mainstream, promising innovation and regulatory balance. дальше »

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'Pass stablecoin legislation now:' Exec on concerns over illicit financing 

Coinbase CLO urges swift action to address illicit finance concerns. U.S. Treasury Deputy Secretary highlights increasing terrorist reliance on virtual assets. Stablecoins play a pivotal rolThe post 'Pass stablecoin legislation now:' Exec on concerns over illicit financing  appeared first on AMBCrypto. дальше »

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Key Congressman McHenry Is Bullish U.S. Stablecoin Law Will Pass This Year

The window is narrowing for legislation to set up rules for stablecoin issuers in 2024, but the retiring chairman of the House Financial Services Committee says it can be done. дальше »

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IMF urges Ukraine to complete crypto regulation update by end-2024, official says

The IMF has urged Ukraine to complete virtual asset legislation by the end of 2024 due to regulatory concerns and economic potential. The International Monetary Fund (IMF) has urged Ukraine to finalize its update of legislation regarding virtual assets by… дальше »

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Argentinians Buy Bitcoin to Combat Inflation, Pass Friendly Legislation

Argentina’s plummeting economy has seen citizens turn to Bitcoin as a store of value. The legislature passes friendly laws as the pro-Bitcoin president has his hands full with the crisis. дальше »

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Crypto Users Beware: EU’s New Anti-Money Laundering Legislation Explained

The new regulation prohibits anonymous crypto transactions, aiming to enhance transparency and combat illicit financial activities. The post Crypto Users Beware: EU’s New Anti-Money Laundering Legislation Explained appeared first on BeInCrypto. дальше »

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European Union Advances Legislation to Regulate Cryptocurrency Transactions

Сообщение European Union Advances Legislation to Regulate Cryptocurrency Transactions появились сначала на Coinstelegram.

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Estonia’s crypto service providers face new regulations as government approves bill

The Estonian government has passed a bill that would see crypto service providers subject to new requirements. Under the proposed legislation, crypto firms would be supervised by Estonia’s Financial Supervision Authority (FSA). дальше »

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Estonia passes legislation to regulate crypto service providers

The government of Estonia has enacted a bill that introduces stringent legal requirements for digital assets service providers, local media reported on March 21. The legislation — approved on March 20 — is part of the country’s efforts to regulate the crypto industry and enhance its reliability. дальше »

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US Lawmakers believe crypto regulation could become law by Election Day

Congressman Patrick McHenry and Senator Cynthia Lummis recently expressed optimism regarding the passage of critical crypto legislation before the upcoming election in November, according to media reports on March 20. дальше »

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Key U.S. Lawmaker McHenry Says House Has 'Workable' Stablecoin Bill

U.S. Rep. Patrick McHenry (R-N.C.) said some of the recent chaos in Congress derailed crypto legislation for a while, but a stablecoin bill is largely worked out in the House of Representatives and just needs a schedule floor vote. дальше »

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Crypto Fan Won Ohio Senate Primary That Could Alter the Industry's U.S. Destiny

Ohio's U.S. Senate race may be the biggest congressional contest this year for the crypto industry, now pitting a digital assets booster against Sen. Sherrod Brown (D-Ohio), the sitting Senate Banking Committee chairman who has stood in the way of the development of regulatory legislation. дальше »

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Worldcoin claims its business completely legal, WLD faces 10% drop

Worldcoin's team claims its activities are entirely legal and comply with current legislation in the countries where the coin is represented. дальше »

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U.S. Government Study Concludes No NFT-Specific Legislation Needed, Current Copyright Laws Adequate

The current intellectual property laws are adequate to deal with concerns about copyright and trademark infringement associated with non-fungible tokens (NFTs). дальше »

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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 »

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CFTC chair urges Congress to issue legislation for crypto regulations

CFTC chair Rostin Behnam told Congress there is an urgent need for legislation that can provide regulatory clarity for the crypto industry to ensure investors are appropriately protected. Behnam made the statement during his testimony before the House Agriculture Committee on March 6 that primarily focused on the C FTC’s fiscal year 2025 budget request. дальше »

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England’s Law Commission suggests recognizing crypto as property

The Law Commission of England and Wales initiated a consultation on proposed legislation to classify cryptocurrencies and NFTs as property. дальше »

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England's Law Commission Seeks Views on Draft Legislation to Label Crypto as Property

The Law Commission also called for evidence on its project on digital assets and electronic trade documents in private international law. дальше »

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UK Is Pushing Hard To Have Stablecoin And Staking Rules Ready Within Next Six Months: Report

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UK Minister Expects Stablecoin and Staking Legislation Within Six Months: Bloomberg

UK Economic Secretary to the Treasury Bim Afolami has said the UK government was "pushing very hard" to bring legislation for stablecoins and staking services for crypto assets within six months, according to a Bloomberg report. дальше »

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New UK Rules Cause Consternation for Bitcoiners

“Positive frictions” placed by regulators on British Bitcoin users have caused widespread backlash. Government’s overall vision supports friendlier legislation. дальше »

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From Missouri to Texas: Southern US Becomes Bitcoin Mining Hotspot

Missouri is gunning to become a hub for Bitcoin mining, thanks to a new bill by State Rep. Phil Christofanelli. This legislation, aiming to integrate cryptocurrency miners into the energy economy, joins CleanSpark's expansion in Mississippi and Riot's massive investment in Texas, signaling a significant shift in the Southern US towards embracing digital asset ventures. дальше »

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SEC vs Yellen? Ripple Lawyer Questions Crypto Rules

A top Ripple lawyer has spotlighted a contradiction between the SEC's assertion of authority over cryptocurrencies and Treasury Secretary Janet Yellen's calls for new legislation to fill regulatory gaps дальше »

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Yellen Calls for Urgent Crypto Regulation

Treasury Secretary Janet Yellen has called on Congress to swiftly enact new legislation to oversee the digital asset markets дальше »

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California senator proposes new legislation to ‘democratize’ AI resources

Senator Steve Padilla (D-San Diego) proposed new legislation in the form of Senate Bills 892 and 893 to establish a robust and ethical AI framework in California, according to a Jan. 3 press release. дальше »

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UK Government Accelerates Plans to Establish Digital Asset Legislation, Navigating Towards Global Crypto Hub Status

Сообщение UK Government Accelerates Plans to Establish Digital Asset Legislation, Navigating Towards Global Crypto Hub Status появились сначала на Coinstelegram.

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New Legislation Promises Improved Protection for South Korean Crypto Investors

Explore the upcoming regulations from South Korea's Financial Supervisory Service (FSS) aimed at bolstering virtual asset investor security. The post New Legislation Promises Improved Protection for South Korean Crypto Investors appeared first on BeInCrypto. дальше »

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Crypto Industry In The US Sets Sights On Record Lobbying Expenditure In 2023

According to a Reuters report, the cryptocurrency industry has witnessed a surge in lobbying spending as companies strive to repair their reputations and advocate for favorable legislation.  Despite facing regulatory scrutiny and high-profile scandals and lawsuits from the US Securities and Exchange Commission (SEC), which has taken the lead in enforcing the industry, Reuters has […] дальше »

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A Law Drafted by ChatGPT Was Unanimously Approved in Brazil

A law drafted by ChatGPT was unanimously approved in Brazil, marking a milestone in the history of legislation and artificial intelligence. дальше »

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U.S. crypto industry lobbying efforts hit record high in 2023

OpenSecrets researchers have found that the cryptocurrency industry is on track to set a new record for federal lobbying spending. The record spending comes after a year in which firms struggled to rebuild their reputations and push for friendlire legislation,… дальше »

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