1 / 1 Relevant items tagged with #Veto

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North Carolina Rejects Federal Digital Currency, Overrides Governor’s Veto

[Sep 11 1:30 AM] The North Carolina General Assembly has overridden Governor Roy Cooper’s veto to enact a bill prohibiting a central bank digital currency (CBDC) in the state. The Senate voted 27-17, securing the required supermajority. The bill bars payments using…

North Carolina Senate overrides governor veto to pass Fed CBDC ban bill

[Sep 10 1:39 AM] A Senate veto-busting vote saw 12 Democrats who initially voted for North Carolina’s CBDC banning bill switch to backing Governor Roy Cooper’s veto.

North Carolina's CBDC ban bill vetoed by governor

[Jul 6 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.

North Carolina Governor Vetoes Bill Banning State Use of Central Bank Digital Currencies

[Jul 6 7:41 PM] The governor of the U.S. state of North Carolina has vetoed House Bill 690, which seeks to ban state payments using central bank digital currencies (CBDCs) and the state’s participation in the Federal Reserve’s CBDC testing. The…

US House may vote to overturn Biden's SAB 121 veto next week

[Jul 5 7:35 PM] While the House and Senate already voted to overturn SAB 121, it will need a two-thirds majority vote from both chambers to invalidate Biden’s veto.

3 reasons why Bitcoin failed to break above $72K

[Jun 5 2:16 PM] Regulatory uncertainty and volatile macroeconomic events may weaken further upside in the BTC price in the near term.

SEC Commissioner Advocates for Withdrawal of SAB 121 — Says Biden’s Veto Was Unfortunate

[Jun 5 12:15 PM] U.S. Securities and Exchange Commission (SEC) Commissioner Mark Uyeda advocates for the withdrawal of Staff Accounting Bulletin 121 (SAB 121), which sets guidelines for accounting crypto liabilities. He argues that the method of its issuance…

US political change could expose crypto to $20T industry: Bitwise

[Jun 4 11:13 PM] Regulatory uncertainty is holding back the $20 trillion dollar financial advisory industry from investing more in crypto, claims Bitwise investment head Matt Hougan.

Crypto Voter Backlash: How Biden’s Veto May Have Cost Him the 2024 Election

[Jun 2 1:32 PM] After a period of intense scrutiny of the cryptocurrency industry, many speculated that the Biden administration had reversed its stance by allowing the U.S. Securities and Exchange Commission (SEC) to approve several spot ethereum exchange-traded…

President Biden Vetoes SEC SAB 121 Repeal Resolution

[May 31 6:02 PM] U.S. President Joe Biden issued a veto against H.J.Res. 109, a resolution that would disapprove of the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin No. 121 (SAB 121). In its veto document, Bides states that the approval of…

Deadline Looms for Biden to Veto Congressional Overturn of SEC’s Crypto Rules

[May 26 3:20 PM] The deadline for President Joe Biden to decide whether to veto or sign a resolution overturning the U.S. Securities and Exchange Commission (SEC)’s controversial crypto rules is approaching. The resolution passed both the House of…

US Senate overturns SEC’s anti-crypto resolution, but will Biden veto? Law Decoded

[May 20 1:05 PM] The U.S. president remains the last barrier to recalling the problematic anti-crypto resolution by the SEC.

SEC custody rule made crypto regulation a ‘political football’ — Rep. Nickel

[May 15 7:20 PM] The SEC’s proposed crypto custody rule and its “hostility” to the industry isn’t in Joe Biden’s “best interests,” Representative Wiley Nickel told Gary Gensler.

House Approves Resolution to Overturn SEC’s Crypto Rules — Biden Threatens to Veto

[May 9 9:15 AM] The U.S. House of Representatives has passed H.J. Res. 109, a resolution aimed at overturning the Securities and Exchange Commission’s SAB 121 regulations on digital assets. The resolution seeks to reduce regulatory burdens and promote safer…

Paraguay to Become Top Bitcoin Mining Hub in Latam According to Insight Group

[Feb 22, 2023 6:30 AM] Paraguay, one of the smallest countries in Latam, has the conditions needed to become the next Bitcoin mining hub in the region, according to mining insight group Hashrate Index. The company notes there are many elements in favor of Paraguay…

Biden Vows to Veto House Republicans’ ‘Fair Tax Act’ Proposing Elimination of IRS

[Jan 13, 2023 9:00 AM] Several U.S. House of Representatives Republicans have proposed legislation that would significantly decrease funding for the Internal Revenue Service (IRS). The move comes after the newly elected Speaker, Kevin McCarthy, stated that he would…