Republicans propose stablecoin legislation taking away SEC power

A group of House Republicans has introduced a draft bill limiting the power of the Securities and Exchange Commission (SEC) over stablecoins used for payments. The bill, still under negotiation, was made public on April 24 and came as the… дальше »

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

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. дальше »

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

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. дальше »

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MiCA constitutes a new era for crypto, Swarm co-founder Philipp Pieper says

The European Parliament’s approval of the Markets in Crypto Act, MiCA regulation continues to be hailed as a watershed moment for the crypto space, particularly for Europe. Commenting on the development, Philipp Pieper, co-founder of Swarm, a regulated DeFi platform that’s a member of Germany’s Digital Finance Forum, says the legislation is a new beginning […] The post MiCA constitutes a new era for crypto, Swarm co-founder Philipp Pieper says appeared first on CoinJournal. дальше »

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Ripple execs praise EU's move to approve MiCA legislation

Ripple executives praised EU's move to approve MiCA legislation as the firm is struggling to get regulatory clarity in the U.S. Susan Friedman, International Policy Counsel at Ripple, said thatThe post Ripple execs praise EU's move to approve MiCA legislation appeared first on AMBCrypto. дальше »

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The world’s first comprehensive framework for crypto regulation has been approved by lawmakers in the EU.

The European Parliament has passed a comprehensive set of regulations aimed at the cryptocurrency industry, making it the first of its kind in the world. The legislation, known as the Markets in Crypto Act or MiCA, aims to reduce risks for consumers purchasing crypto assets by holding providers liable for any loss of investors’ crypto-assets. дальше »

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Industry Leaders Upbeat as EU Parliament Passes Much-Anticipated MiCA Regulation

In a landmark decision on Thursday, the European Union (EU) Parliament passed the EU Markets in Crypto-Assets (MiCA) regulation, bringing the first-ever EU legislation for policing crypto assets one step closer to becoming law. дальше »

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Ripple Executive Praises EU's Forward-Thinking Approach to Crypto

The European Union has taken a significant step toward creating a crypto-friendly environment, and Ripple executive Susan Friedman has praised the recent passage of the Markets in Crypto-Assets (MiCA) legislation дальше »

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European Parliament finally adopts the Markets in Crypto-Assets Act, MiCA

The MiCA Act was first introduced in 2020. The European Parliament had previously postponed voting on legislation two consecutive times. The MiCA act now awaits approval from the European Council to be published as an effective regulation. дальше »

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The European Parliament adopts crypto-focused MiCA legislation

After that the legislation, introduced for the first time in 2020, should grant approval from the European Council to be published as an effective regulation. дальше »

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Pro-Crypto Congressman Mulls Pushing Legislation to Remove SEC’s Gary Gensler

Crypto-friendly Congressman Warren Davidson is considering a move to push legislation that would remove the current Chairman of the Securities and Exchange Commission (SEC), Gary Gensler, from his position. дальше »

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Successful Bank of England CBDC Pilot Could Speed up UK Crypto Regulation 

Successful U.K. CBDC pilot paves the way for legislation in roughly a year, according to a Treasury official. The post Successful Bank of England CBDC Pilot Could Speed up UK Crypto Regulation  appeared first on BeInCrypto. дальше »

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EU Lawmakers Skeptical on Digital Euro Plans

Members of the European Parliament seem nonplussed as they are set to consider legislation for a central bank digital currency. дальше »

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Arkansas embraces bitcoin mining regulation

Arkansas has recently passed the Arkansas Data Centers Act of 2023, a bill to regulate bitcoin (BTC) mining within the state.  The legislation, now awaiting the governor’s approval, aims to create guidelines for miners, protect them from discriminatory regulations and… дальше »

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

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. дальше »

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Speakers prepare to tell US House Financial Services Committee about stablecoins

Five experts will testify at a hearing titled “Understanding Stablecoins’ Role in Payments and the Need for Legislation,” with two of them releasing their scripts in advance. дальше »

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Coinbase CEO meets with UK Economic Secretary to discuss crypto innovation

Coinbase CEO Brian Armstrong tweeted he had a “great meeting” with U. K. Economic Secretary to the Treasury Andrew Griffiths. The U. K. government seeks to position the country as a crypto hub through legislation encouraging business investment and retail adoption. дальше »

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Congressman advances legislation to fire Gary Gensler, downgrade position

Rep. Warren Davidson (R-Ohio) announced legislation to remove Securities and Exchange Commission (SEC) chair Gary Gensler in a tweet on April 16. Davidson announces anti-Gensler legislation On Twitter, Davidson wrote: “To correct a long series of abuses, I am introducing legislation that removes the Chairman of the [SEC] and replaces the role with an Executive […] The post Congressman advances legislation to fire Gary Gensler, downgrade position appeared first on CryptoSlate. дальше »

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US congressmen want Gensler out for overprotective crypto rules

Congressman Rep. Davidson is planning on filing a legislation to dismiss SEC's chair Gensler from office. This comes amid Gensler's recent proposal on echange's legislation revision. дальше »

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Circle exec to join US Congressional committee hearing on stablecoin payments, legislation

The Financial Services Committee issued a memorandum to announce an upcoming hearing titled “Understanding Stablecoins’ Role in Payments and the Need for Legislation.” дальше »

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U.S. House Committee Publishes Draft Stablecoin Bill

The stablecoin is the first major piece of crypto legislation in 2023. дальше »

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Arizona governor Katie Hobbs vetoes crypto mining and tax bills 

Governor of Arizona Katie Hobbs has vetoed the blockchain technology tax fee prohibition bill SB 1236 introduced by senator Wendy Rogers because the legislation will hamper policymaking regarding the state’s web3 space. дальше »

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Arizona governor vetoes bill banning local taxes, fees on crypto mining

Arizona Governor Katie Hobbs vetoed legislation that aims to prevent local governments from taxing crypto mining operations in a letter published on April 12. Veto aims to allow crypto mining taxes, fees Hobbs’ letter indicates that she has vetoed a bill designated SB 1236. дальше »

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Montana ‘right to mine’ crypto bill passes the House

The legislation had already passed in the Senate in February and will now make it to the table of Governor Greg Gianforte.

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Bill limiting incentives for crypto miners passes Texas Senate, moves to House

Senate Bill 1751 will next move to the Texas House of Representatives, which is scheduled to meet and discuss legislation on April 13. дальше »

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An Open Letter To Texas State Senator Lois Kolkhorst

"We encourage you to engage further with bitcoin miners to better understand the matter generally and the consequences of your legislation." дальше »

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Bitcoin (BTC) Price Edges Higher Despite Harmful Legislation

The short-term Bitcoin (BTC) price readings do not align with the long-term ones.

The post Bitcoin (BTC) Price Edges Higher Despite Harmful Legislation appeared first on BeInCrypto.

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Texas Senate committee moves forward on bill removing incentives for crypto miners

Under the proposed legislation, certain crypto mining firms participating in a program to reduce the load on Texas’ energy grid would not receive an abatement on state taxes. дальше »

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EU lawmakers push for stricter rules on anonymous crypto transfers

The legislation was one of several laws designed to combat money laundering and terrorist financing, receiving 99 votes in favor, eight votes against and six abstentions. дальше »

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EU Money Laundering Law Won’t Prevent Crypto Payments, Lead Lawmaker Says

The new legislation, which will be put to vote on Tuesday, is set to impose new restrictions on transactions from self-hosted wallets. дальше »

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El Salvador to remove taxes on technological advancements

El Salvador President, Nayib Bukele, said he intends to eliminate all taxes on technological advances, including income, property, capital gains taxes, and import duties. He added that he would send legislation to Congress the following week. Aiding innovation undoubtedly offers… дальше »

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Texas Senator Ted Cruz Introduces Anti-CBDC Bill

Ted Cruz has joined a myriad of politicians in demonstrating their contempt for CBDCs in America — but what about pro-Bitcoin legislation? дальше »

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Bill to block retail CBDCs in Texas? Senator Ted Cruz suggests...

U. S. Senator Ted Cruz introduced legislation to block the Federal Reserve from issuing a retail CBDC. The Texas lawmaker has argued that such a CBDC would violate the financial privacy of U. дальше »

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EU Banking Authority to Hire Crypto Experts as It Prepares for MiCA Law

The Paris-based agency will have to supervise large stablecoins and make rules under the landmark licensing legislation дальше »

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CFTC Commissioner Says Congress Must Order Crypto Regulators to Cooperate 

CFTC Commissioner Summer Mersinger calls for mandate that allows regulators to coordinate over crypto legislation. The post CFTC Commissioner Says Congress Must Order Crypto Regulators to Cooperate  appeared first on BeInCrypto. дальше »

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CryptoWallet renews Virtual Asset Provider License after new Estonian legislation

Estonia’s Financial Investigation Unit (FIU) has introduced new crypto legislation. 90% of platforms are at risk of losing their license or being forced to relocate under the new laws. Among other things, cryptocurrency providers must have a local base in Estonia. дальше »

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India’s Central Bank Seeking Privacy Legislation for Retail CBDC Users

India's central bank is advocating for legislation that will allow users of its retail central bank digital currency (CBDC) to delete any transactions in order to maintain anonymity. дальше »

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Florida CBDC ban: Governor cites 'reckless adoption' of digital dollar

Florida Governor Ron DeSantis has called for a state-wide CBDC ban. DeSantis stated that he hoped to have CBDC legislation on his desk for approval by 2023. Florida Governor Ron DeSantis, a The post Florida CBDC ban: Governor cites 'reckless adoption' of digital dollar appeared first on AMBCrypto. дальше »

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CBDC Ban: Florida Governor Opposes Federal Issuance Of Digital Currency

Governor Ron DeSantis of Florida has proposed legislation that aims to protect residents of the state from the potential risks associated with a central bank digital currency (CBDC) and the increased government surveillance that may come with it. дальше »

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Taiwan readies for new crypto regulations as Metacade presale enters 7th stage

The chairman of Taiwan’s Financial Supervisory Commission Huang Tien-mu has confirmed that Taiwan will soon get special legislation to regulate the crypto space in the country. Huang confirmed this to lawmakers during a hearing about global banking stability in parliament. дальше »

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U.S. Lawmakers Digging Through Crypto Legislation for Bipartisan Winners: Senator

Ideas have been gathered from the Senate and House, and lawmakers are trying to figure out what can get bipartisan support, said Senate Banking Committee member Thom Tillis. дальше »

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South Dakota governor vetoes bill excluding cryptos from definition of money

South Dakota Governor Kristi Noem has formally rejected legislation that would have excluded bitcoin (BTC) and other cryptocurrencies from the definition of money. дальше »

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US lawmakers push for new crypto legislation

U.S. lawmakers are pushing for the reintroduction of the bill responsible for reforming how digital assets are evaluated for tax purposes. дальше »

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Lawmakers should check the SEC’s wartime consigliere with legislation

Securities and Exchange Commission Chair Gary Gensler has a lot in common with The Godfather’s Michael Corleone, according to the Cato Institute’s Jack Solowey and Jennifer Schulp. дальше »

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Australia’s crypto regulations may be delayed until 2024, details inside

Crypto legislation in Australia may be delayed until 2024 or later, as the government is looking to get a complete picture of the industry. Treasury anticipates that some stakeholders such as cThe post Australia’s crypto regulations may be delayed until 2024, details inside appeared first on AMBCrypto. дальше »

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Internal documents reveal Australia’s potential timeline for crypto legislation: Report

Internal documents from the Australian Treasury Department have revealed crypto legislation in the country could be a year away at the very least. дальше »

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US lawmaker behind crypto mining legislation urges Zuck not to offer metaverse to teenagers

A letter from two U.S. senators cited reports of Instagram being behind many teenagers experiencing suicidal thoughts, and Meta's failure to stop harmful ads aimed at young adults. дальше »

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Digital Currency Trader’s Alliance Lobbies Retail Investors to Oppose SEC Crackdown

A new consumer advocacy group is asking retail crypto investors to promote pro-crypto legislation to their Congressional representatives. The post Digital Currency Trader’s Alliance Lobbies Retail Investors to Oppose SEC Crackdown appeared first on BeInCrypto. дальше »

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Anti-CBDC bill in the US, no algo stablecoins for Canada: Law Decoded, Feb. 20–27

United States Representative Tom Emmer introduced legislation in the U.S. House of Representatives that could prevent the Federal Reserve from issuing a central bank digital currency. дальше »

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Existing Virtual Asset Operators Given Transitional Period To Comply With Proposed Legislation In Hong Kong

Effective June 1, 2023, all new Virtual Asset (VA) trading platforms conducting business or targeting investors in Hong Kong must be licensed and regulated by the Securities and Futures Commission (SFC). дальше »

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