[May 4, 2023 3:25 PM] Now headed to the state Senate, HB690 rectifies language that previously encompassed Bitcoin in its goal of restricting CBDC usage.The North Carolina House of Representatives has unanimously passed House Bill 690, which prohibits the use of central…
[May 4, 2023 9:30 AM] In the wake of Florida Governor Ron DeSantis’ remarks in Jacksonville on Tuesday, both the Florida House of Representatives and Senate have approved the state’s anti-central bank digital currency (CBDC) legislation, dubbed SB 7054. The…
[May 3, 2023 11:35 AM] After a public hearing, Buncombe County voted to approve a moratorium on bitcoin mining in order to craft zoning standards and regulations for special land use. As first covered in Bitcoin Magazine on April 6, Buncombe County, North Carolina…
[Apr 27, 2023 8:00 AM] A bipartisan bill introduced simultaneously to the House and Senate would call for federal agencies to study the possible criminal uses for crypto, and provide a report with recommendations on how to address these concerns.
[Apr 24, 2023 2:00 PM] 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.
[Apr 23, 2023 3:30 AM] Officials have revealed that Ukraine intends to implement the crypto market rules approved by the European Parliament. While the government is already moving in that direction, the tax service has issued a clarification regarding the taxation of…
[Apr 21, 2023 1:52 PM] House Bill 690, “No Cryptocurrency Payments to State,” would stop citizens of North Carolina from paying the state using bitcoin.The General Assembly of North Carolina has introduced a bill that would ban the usage of bitcoin as payment to the…
[Apr 21, 2023 8:00 AM] Members of the European Parliament gave their final approval to a package of EU-wide regulations for crypto assets. The legislators also backed the introduction of mechanisms allowing the tracing of cryptocurrency transactions which will also apply…
[Apr 18, 2023 4:00 AM] While bitcoin’s effect on the environment has been discussed at length over the last two years, the latest trend of artificial intelligence (AI) software is now being criticized for its carbon footprint. According to several headlines and…
[Apr 16, 2023 1:30 AM] The Financial Services Committee issued a memorandum to announce an upcoming hearing titled “Understanding Stablecoins’ Role in Payments and the Need for Legislation.”
[Apr 13, 2023 10:59 AM] The Bitcoin-focused policy group aims to educate policymakers on the benefits Bitcoin can provide.Bitcoin Policy UK has launched with the stated aim of unlocking the potential of Bitcoin for the UK economy. According to a press release sent to…
[Apr 11, 2023 11:30 AM] In 2018, nearly 40% of all crypto developers were based in the United States, whereas in 2022, this figure had fallen to less than 30%.
[Apr 10, 2023 5:53 PM] "We encourage you to engage further with bitcoin miners to better understand the matter generally and the consequences of your legislation."This letter was originally published on bitcoiner.ghost.io.Dear Senator Kolkhorst,As native Texans, we are…
[Apr 8, 2023 1:30 PM] Two Republican lawmakers from Texas, senator Bryan Hughes and representative Mark Dorazio, have introduced legislation to create a gold-backed digital currency that could be enacted by the state legislature. The policymakers believe that this…
[Apr 7, 2023 1:11 PM] Arkansas has taken the next step to approve a bill that protects the right to mine Bitcoin, which now heads to the governor’s office.The Arkansas State House has passed a bill aimed at regulating the Bitcoin mining industry in the state. Already…
[Apr 6, 2023 2:00 PM] Buncombe County's plan to halt bitcoin mining for a year would be the latest setback for an industry facing regulatory pressures.Buncombe County commissioners are pushing forward with a plan to impose a one-year pause on Bitcoin and cryptocurrency…
[Apr 5, 2023 5:30 PM] Roughly 26 days ago and in the following days, the U.S. witnessed two significant bank failures when Silicon Valley Bank and Signature Bank collapsed. After speaking at an event on Monday at Yale University, Janet Yellen, the current U.S. Treasury…
[Apr 4, 2023 1:27 PM] Texas is a major hub for bitcoin miners, many of whom have taken advantage of demand response programs, which the bill looks to curb.
[Mar 29, 2023 2:00 PM] On Tuesday, the U.S. Senate Committee on Banking, Housing, and Urban Affairs, also known as the Senate Banking Committee, held a hearing to discuss the recent bank collapses in the United States and the regulatory response. Throughout the…
[Mar 29, 2023 12:51 PM] Pierre Rochard, VP of research at Riot Platforms testified yesterday that Bitcoin is a net positive for the state.The Senate Committee on Business and Commerce heard testimony in regards to a Texas bill that would prohibit flexible load agreements…
[Mar 22, 2023 2:35 PM] Ted Cruz has joined a myriad of politicians in demonstrating their contempt for CBDCs in America — but what about pro-Bitcoin legislation? Texas Governor Ted Cruz has joined a growing group of politicians who have come out in support of anti-CBDC…
[Mar 22, 2023 11:30 AM] According to the U.S. Federal Reserve, the central bank’s Fednow payment service will start operating in July, and participants will be certified in April to leverage the Fednow Pilot Program. Ken Montgomery, the Fednow program executive, is…
[Mar 22, 2023 9:02 AM] The effort by the Texas senator adds to a similar state-level measure proposed earlier this week by Florida Governor Ron DeSantis.
[Mar 21, 2023 11:08 AM] A new bill introduced in the Texas House could set the state up to be the nucleus of Bitcoin development in the United States.A bill that would fully protect and “welcome the Bitcoin economy.” has been introduced to the Texas State House of…
[Mar 18, 2023 1:30 AM] Russian lawmakers have approved a draft law facilitating the implementation of the digital version of the national currency, the ruble. The legislation amends various other acts to introduce definitions and establish procedures related to the…
[Mar 17, 2023 10:30 PM] The organization representing Russia’s crypto sector has asked the government in Moscow to clarify a proposal to introduce criminal liability for “gray” miners. The draft legislation seeks to punish those who fail to report their income to…
[Mar 12, 2023 2:30 AM] A draft law designed to regulate crypto mining in Russia introduces harsh penalties for miners failing to report digital assets to the state. In its latest revision, the bill also threatens to punish those who organize illegal trading of…
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