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” Sen. Lummis teases upcoming crypto bill, says NFTs won’t be included in it “ United States Senator Cynthia Lummis appeared on a livestream hosted by Axios on Tuesday to tease the highly awaited bill on cryptocurrency she is authoring. The Wyoming Republican said the bill will be introduced as “one big piece so people…
” Hawaii Senate committees favor task force to regulate crypto, blockchain “ Two committees of the Hawaii State Legislature — Commerce and Consumer Protection (CPN) and Ways and Means (WAM) — unanimously approved the launch of a specialized task force to explore the use and regulation of the crypto ecosystem. In a letter addressed to…
” Bipartisan bill to give CFTC authority over exchanges and stablecoins “ A bipartisan group of lawmakers in D.C. introduced an updated bill on April 28 to regulate cryptocurrency developers, dealers, exchanges, and stablecoin providers, bringing them under the regulatory control of the United States Commodity Futures Trading Commission (CFTC). The Digital Commodity Exchange Act…
” New York State Assembly passes ban on new BTC mines that don’t use green power “ The New York State Assembly passed a bill late on Tuesday April 26 that would place a two-year ban on all new proof-of-work (PoW) cryptocurrency mining facilities in the state that use a carbon based fuel to power…
” NY Sen. Thomas proposes to criminalize rug pulls and other crypto frauds “ New York State Senator Kevin Thomas introduced a new bill amendment request to establish certain offenses related to rug pulls and other frauds related to virtual token distribution, misuse of private keys and hidden interests in crypto projects. The bill drafted…
” US Virginia Senate allows state banks to offer crypto custody services “ The Senate of Virginia in the United States unanimously approved a bill amendment request that now allows traditional banks operating in the Commonwealth of Virginia to provide virtual currency custody services. Delegate Christopher T. Head introduced the bill (House Bill No. 263)…
“# U.S. Congressman wants to scrub bill provision that crypto advocates say is a potential disaster ” North Carolina Representative Ted Budd submitted an amendment to the omnibus America COMPETES Act of 2022, specifically targeting the provision that would allow the Treasury Department to impose “special measures,” including surveillance and outright prohibitions, against “certain transmittals…
“#Romney claims Biden is like Trump with filibuster demand” Sen. Mitt Romney (R-UT) on Tuesday claimed President Biden is going down “the same tragic road” as former President Donald Trump with his call to eliminate the Senate filibuster as a way to pass sweeping voting rights legislation. Romney, in a speech on the Senate floor,…
“# Spanish lawmaker sees opportunity amid Kazakhstan’s Bitcoin mining collapse ” Deputy for the Spanish Ciudadanos political party María Muñoz has proposed a bill to make Spain a Bitcoin mining hotspot following the internet shutdown that caused a mining outage in Kazakhstan. The lawyer and economist Muñoz was steadfast in her support of Spain as…
“# Turkey’s crypto law is ready for parliament, President Erdoğan confirms ” Turkey’s President Recep Tayyip Erdoğan has reportedly confirmed the completion of a crypto law draft that will soon be shared with the Parliament for mainstream implementation in the country. In an effort to counter the falling value of the Turkish lira, President Erdoğan…