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Éric Ciotti of the Union of the Right for the Republic led the charge in a motion for a resolution to ban CBDCs and promote stablecoins in France. Lawmakers in France are set to review a proposal that could have significant implications for the country’s adoption of digital currencies, from stablecoins to Bitcoin (BTC). In…
Binance co-founder Changpeng Zhao’s presidential pardon cements criminal conviction without overturning guilt, opening civil liability floodgates while foreclosing appeal options permanently. Opinion by: Joshua Chu, co-chair of the Hong Kong Web3 Association US President Donald Trump’s recent pardon of Binance co-founder Changpeng “CZ” Zhou has grabbed headlines. Some commentators hail the move as a way…
Industry watchers welcomed the idea of “skinny” master accounts as another sign of the end of crypto’s banking troubles, in what insiders describe as “Operation Chokepoint 2.0.” The US Federal Reserve is considering the introduction of a new type of payment account that would make it easier for smaller companies to participate in the central…
The laws will likely impact social media companies and websites offering services to California residents, including minors, using AI tools. California Governor Gavin Newsom announced that the US state would establish regulatory safeguards for social media platforms and AI companion chatbots in an effort to protect children. In a Monday notice, the governor’s office said…
State Senator Peter Durant addressed Massachusetts lawmakers on Tuesday regarding his proposed Bitcoin reserve bill, but received no questions. A bill intended to establish a Bitcoin strategic reserve for the US state of Massachusetts received a tepid response after its first legislative action in eight months. In a Tuesday hearing of the Massachusetts legislature’s Joint…
Senate Republicans initially said they planned to pass digital asset market structure before 2026, but consideration of the bill was already delayed before the shutdown. Wisconsin Representative Bryan Steil, one of the original cosponsors of the House of Representatives’ crypto market structure bill, the CLARITY Act, said Republicans’ timeline of passing the legislation before 2026…
The UK government talks about becoming a “leading global crypto hub,” but slow policy development and fragmented regulation risk losing ground to competitors. Opinion by: Azariah Nukajam, head of regulation and compliance at Gemini The UK is at a critical juncture in its approach to the rapidly evolving digital assets space. Having solidified itself as…
The UK government talks about becoming a “leading global crypto hub,” but slow policy development and fragmented regulation risk losing ground to competitors. Opinion by: Azariah Nukajam, head of regulation and compliance at Gemini The UK is at a critical juncture in its approach to the rapidly evolving digital assets space. Having solidified itself as…
The CFTC still doesn’t have a permanent chair, but there are reportedly several pro-crypto contenders who are under consideration to lead the agency. Almost a year into the second term of US President Donald Trump, the Commodity Futures Trading Commission (CFTC) still doesn’t have a permanent head. Former CFTC Commissioner Brian Quintenz was Trump’s top…
Australia has released draft legislation to create new crypto products, bringing the crypto companies under the same rules as financial services businesses. Australia is aiming to tighten regulations around crypto service providers, with draft legislation that would extend finance sector laws to crypto exchanges. Assistant Treasurer Daniel Mulino told a crypto conference on Thursday local…