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New Hampshire is now the fourth US state to see a Bitcoin reserve bill pass through one legislative chamber, while a Florida House committee has advanced a similar bill. New Hampshire’s House and Florida’s House insurance and banking committee have respectively advanced bills allowing their states to create Bitcoin reserves. New Hampshire’s House passed its…
The chair of Ukraine’s securities regulator, Ruslan Magomedov, says it made the crypto tax framework for lawmakers to make informed decisions on the various options. Ukraine’s financial regulator has proposed taxing certain crypto transactions as personal income at a rate of up to 23% but excluding crypto-to-crypto transactions and stablecoins. Crypto transactions would be taxed…
It comes on the same day Oklahoma’s Strategic Bitcoin Reserve Act passed the State House of Representatives, bringing a reserve one step closer to potential enactment. Kentucky governor Andy Beshear has signed a measure known as the “Bitcoin Rights” bill, into law, enshrining protections for crypto users, as two other US states’ Bitcoin reserve legislation…
Just over two months into 2025, the number of pending AI bills in the U.S. has grown to 781, according to an online tracking tool. The tool, maintained by consulting firm MultiState, shows that the number of pending U.S. bills pertaining to AI now exceeds the total number of AI bills proposed in all of…
Rep. Alexandria Ocasio-Cortez (D-N.Y.) on Wednesday mocked former Vice President Mike Pence (R) for calling for the repeal of the Green New Deal during the 2024 GOP debate, despite the fact that any such legislation has never been signed into law. “Mike Pence was Vice President of the United States and still doesn’t know how…
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” FCA officials tell UK parliamentary committee crypto regulation is unavoidable “ Officials of the United Kingdom’s Financial Conduct Authority (FCA) appeared before the House of Commons’ Treasury Committee on March 8 to discuss the agency’s work. Among the issues raised was cryptocurrency regulation, which the officials approached with a clear lack of enthusiasm. FCA…
” EU Commission to ensure ‘healthy competition’ in the Metaverse “ Considering the regulatory struggle to keep up with ever-evolving innovations, Margrethe Vestager, the executive vice president of the European Commission, recommended a headstart into brainstorming implications of technologies such as the Metaverse and ChatGPT. Vestager highlighted how digital transition and the shift to a…
” Consumer Federation of California reattempts to regulate crypto companies “ The Consumer Federation of California (CFC), a nonprofit advocacy organization working for consumer rights, sponsored a bill that seeks to license and regulate the activities of cryptocurrency exchanges. The legislation demanding regulatory oversight of crypto businesses — the Digital Financial Assets Law — was…
” Sri Lanka against Bitcoin adoption, rejects Draper’s anti-corruption pitch “ On a recent visit to Sri Lanka, American billionaire Tim Draper pitched the idea of adopting Bitcoin (BTC) as a legal tender to fight against the corruption that contributed to hyperinflation in the island country. However, a key Sri Lankan authority — central bank…