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Coinbase Concerned About 'Ongoing Regulation by Enforcement' in Australia, Despite 'Healthy' Regulator Talks

[Jul 31, 2024 12:04 PM] Coinbase (COIN) is concerned about “ongoing regulation through enforcement” which is not “helpful to the overall direction of the industry” in Australia ahead of expected draft legislation, senior executives of the cryptocurrency exchange told…

England’s Law Commission proposes new property category for crypto assets

[Jul 31, 2024 8:56 AM] The Law Commission’s final report advocates for legal reforms to better protect the unique features of digital assets.

Trump's Talk of Bitcoin Reserve for the U.S. Leaves Industry Waiting for More Details

[Jul 29, 2024 8:17 PM] Former President Donald Trump, a sitting U.S. senator and some of the biggest names in bitcoin {{BTC}} investing all seem to agree that the U.S. should begin building a reserve of the most prominent crypto token. But concrete details are few, and…

India to Release Its Crypto Policy Stance by September After Stakeholder Consultations: Report

[Jul 25, 2024 1:29 AM] India plans to put out a discussion paper outlining its policy stance on cryptocurrencies before September, according to Indian news outlet Moneycontrol citing an interview with Senior Finance Ministry Official Ajay Seth.

U.S. House Passes Crypto Illicit Finance Bill That's Likely to be Rebuffed in Senate

[Jul 22, 2024 3:52 PM] The U.S. House of Representatives has approved another piece of cryptocurrency legislation with a routine voice vote, though the bill to set up a government working group to assess how to keep bad actors from using digital assets isn't likely to…

Arthur Hayes on Bitcoin’s Political Clout: Can Crypto Voters Influence the 2024 Election?

[Jul 12, 2024 11:21 AM] Arthur Hayes, co-founder of Bitmex, argues that the upcoming U.S. presidential election presents a unique opportunity for crypto advocates to leverage their voting power. With both major political parties vying for a narrow margin of swing voters…

Senate Committee Discusses Strong Federal Oversight of Crypto Markets

[Jul 10, 2024 6:31 PM] The Senate Committee on Agriculture, Nutrition, and Forestry held a hearing on Wednesday where Chairwoman Senator Debbie Stabenow stressed the urgent need for robust regulation in the crypto market. The discussion focused on investor protection…

As the U.S. Commodities Regulator Urges Fast Crypto Action, Senators Still Scrambling

[Jul 10, 2024 10:16 AM] While Senate Agriculture Committee Chairwoman Debbie Stabenow (D-Mich.) said that her latest legislative proposal for overseeing the crypto markets is on the way to her panel's fellow members this week, the committee's top Republican said his…

North Carolina's CBDC ban bill vetoed by governor

[Jul 6, 2024 10:16 PM] Governor Roy Cooper was slammed for not putting "partisan politics aside” to support a law that would benefit all North Carolina residents.

From Louisiana to New Hampshire, crypto advocates are winning

[Jul 3, 2024 4:59 PM] It might come as a surprise if you only follow Congress, but a raft of state measures have shown legislators moving in the right direction on crypto.

US Lawmaker Pushes Bill to Allow Bitcoin Payments for Federal Income Taxes, Citing El Salvador’s Success

[Jun 26, 2024 2:30 PM] U.S. Congressman Matt Gaetz has introduced a bill to allow federal income taxes to be paid with bitcoin. Inspired by El Salvador’s success with the cryptocurrency, the lawmaker believes this move will modernize the U.S. tax system, promote…

Senate Bill Could Open Crypto to U.S. Sanctions, but Industry Trying to Head It Off

[Jun 10, 2024 10:11 AM] A piece of legislation with heavy implications for the digital assets sector made it through the Senate Select Committee on Intelligence's funding package recently without most in the industry – and many in Congress – apparently aware of it, but…

Implementing FIT21 could be a ‘slow, slow process’ — CFTC Commissioner

[May 30, 2024 1:50 PM] Summer Mersinger anticipates extensive coordination and potential delays in the implementation of FIT21 across U.S. regulatory agencies if it is enacted.

U.S. Lawmaker at Center of Crypto Negotiation Predicts Digital Assets Law by Next Year

[May 29, 2024 4:55 PM] Rep. Patrick McHenry (R-N.C.) vowed the crypto industry won't have long to wait to get U.S. regulations, now that the U.S. House of Representatives has shown the way.

Rep. Emmer says crypto is nonpartisan, opponents are ‘fading’

[May 29, 2024 2:39 PM] The House majority whip and crypto advocate thinks the FIT21 may pass in the current Congressional session.

U.S. House's Emmer Says Best Hope For Crypto Legislation Is Year-End Session

[May 29, 2024 11:56 AM] Despite the crypto industry's high-profile recent wins in Congress, major legislation faces a massive practical roadblock in the Senate, U.S. Rep. Tom Emmer (R-Minn.) acknowledged Wednesday, saying that chamber will want its own say in a big crypto…

Coinbase Seeks Immediate Appellate Review in SEC Lawsuit, Citing Recent Legislation

[May 25, 2024 8:34 AM] As Coinbase seeks an interlocutory appeal in its legal dispute with the U.S. Securities and Exchange Commission (SEC), recent legislative developments have highlighted a growing discord between U.S. Congress and the SEC over digital asset…

U.S. House Approves Crypto FIT21 Bill With Wave of Democratic Support

[May 22, 2024 3:42 PM] The crypto industry recorded its biggest-ever U.S. policy win on Wednesday when the House of Representatives approved a wide-reaching bill to establish regulations for digital assets markets, recording a 279-136 vote that saw Democrats crossing…

SEC's Gensler Going Rogue in Solo Quest to Stop U.S. Crypto Legislation?

[May 22, 2024 1:15 PM] The White House is "eager" to work on a crypto bill. That was the sentiment of its latest statement on Wednesday, putting the administration on-the-record again about wanting new digital assets policies to protect investors. But U.S. Securities and…

U.S. House Set to Vote for First Standalone Crypto Market Structure Bill

[May 22, 2024 12:19 PM] The U.S. House of Representatives is poised to vote in favor of a crypto market structure bill as a standalone piece of legislation for the first time.

SEC's Gensler Says House Bill Would 'Undermine' Regulator's Crypto, Capital Markets Oversight

[May 22, 2024 3:00 AM] 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.

Several U.S. House Democrats Petition Colleagues to Join Yes Side on Crypto Bill

[May 21, 2024 1:36 PM] The U.S. House of Representatives is on the verge of a vote on Wednesday that is widely expected to approve comprehensive cryptocurrency legislation with bipartisan support – a major milestone for the industry – and several Democrats there are…

US Lawmaker Introduces Bill to Dismantle Fed’s Board of Governors and Abolish the Central Bank

[May 17, 2024 2:36 PM] Following the policymaker’s survey, U.S. Representative Thomas Massie (R-Ky.) announced the introduction of H.R. 8421, known as the “Federal Reserve Board Abolition Act.” This legislation aims to dismantle the Board of Governors of the…

Crypto Industry Rallies Behind House Bill as It Heads Toward Final Vote

[May 17, 2024 8:44 AM] The U.S. House of Representatives is on the verge of a vote that will represent the closest the cryptocurrency industry has ever been toward finally winning regulation in the U.S., and the sector's associations and top businesses are encouraging…

Tens of Thousands Show Overwhelming Support for Abolishing the Fed, US Policymaker’s Poll Reveals

[May 16, 2024 7:16 AM] On May 15, Thomas Massie, a Republican member of the United States House of Representatives, posted on X, inquiring whether he should introduce legislation to abolish the U.S. Federal Reserve. The poll garnered over 115,000 votes, with a…

U.S. House's McHenry Says Senate May Be Swayed if Many Democrats Back Crypto Bill

[May 15, 2024 2:06 PM] The result of next week's expected vote on U.S. legislation to regulate the cryptocurrency industry will strongly influence the odds the U.S. Senate gets on board, said Rep. Patrick McHenry (R-N.C.), the chairman of the House Financial Services…

U.S. House's McHenry Says Bill on Crypto Market Structure Will Get Floor Vote

[May 10, 2024 2:42 PM] The most comprehensive U.S. cryptocurrency legislation to so far make it through a congressional committee will get even further, with the entire House of Representatives set to vote on whether to approve it soon, according to Rep. Patrick McHenry…

Crypto Mixers Targeted in U.S. House Democrats' Effort to 'Clamp Down' on Money Laundering

[May 7, 2024 11:23 AM] Several Democrats on the House Financial Services Committee have a bill coming this week to target money laundering through cryptocurrency mixing services, said Rep. Sean Casten (D-Ill.), one of its backers.

Turkish crypto bill: 5 things to know before it’s introduced

[May 6, 2024 6:18 AM] Turkey was expected to introduce crypto legislation in early 2024, but the local parliament is yet to report on the process.

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

[Apr 30, 2024 1:49 PM] 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…