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A bill clarifying that property laws apply to crypto was given royal assent in the UK, with advocates hailing the move as giving crypto “a much clearer legal footing.” The UK has passed a bill into law that treats digital assets, such as cryptocurrencies and stablecoins, as property, which advocates say will better protect crypto…
Coinbase CEO Brian Armstrong said he has never been more bullish about the Digital Asset Market Clarity Act being passed after his time in Washington, DC this week. Coinbase CEO Brian Armstrong says that critical legislation to advance crypto in the US has “a good chance of getting done” after witnessing strong bipartisan support for…
DeFi Education Fund called on the Senate Banking Committee to frame a key crypto market bill in a more tech-neutral way and strengthen crypto developer protections in a recent letter. Crypto lobby group DeFi Education Fund has called on the US Senate Banking Committee to rethink how it plans to regulate the decentralized finance industry…
US Republican leaders say the House will look to pass bills on stablecoins, crypto market structure and CBDCs in mid-July in what they’ve dubbed “Crypto Week.” US Republican House leaders have pledged to consider three key crypto bills starting in mid-July as part of a regulatory “Crypto Week.” House Finance Committee Chair French Hill, House…
The Arizona Senate has voted to revive House Bill 2324, a Bitcoin reserve bill that initially failed in the House. One of Arizona’s Bitcoin reserve bills has been revived after the state’s Senate passed a motion to reconsider the bill on Thursday. House Bill 2324 was initially voted down in the House during its third…
The California State Assembly passed a bill that would allow state agencies to accept crypto for payment in a unanimous 68-0 vote, which will now head to the Senate. California has taken a step closer toward embracing crypto after a bill allowing state departments to accept digital currencies sailed through the state’s lower house with…
A Bitcoin reserve bill passed by the Texas Senate has made progress in the House, advancing out of committee to head to the floor. A Texas House Committee has passed a Republican-backed bill to create a Bitcoin reserve, which now only needs a successful full floor vote before heading to the governor’s desk. The Texas…
Arizona’s Strategic Digital Assets Reserve Bill is one vote away from hitting Governor Katie Hobbs’ desk, though she has been recently vetoing bipartisan bills. Update (April 18 at 3:28 am UTC): This article has been updated to include a comment from Bitcoin Laws founder Julian Fahrer. One of Arizona’s crypto reserve bills has been passed…
The bill seeks to legalize cryptocurrency payments using Bitcoin, Ethereum, Litecoin and Bitcoin Cash, but may mandate an an additional state “service fee” for these transactions. A New York lawmaker has introduced legislation that would allow state agencies to accept cryptocurrency payments, signaling growing political momentum for digital asset integration in public services. Assembly Bill…
Utah lawmakers have passed a Bitcoin bill after amending it to remove a section that would have authorized the state treasurer to invest in Bitcoin. Utah’s Bitcoin bill has passed the state Senate, but without its cornerstone, a clause that would have made it the first US state with its own Bitcoin reserve. The HB230…