Warren Drafts Bill To Reverse Trump-Era Bank Deregulations After SVB Collapse, Report Says

Topline Democratic lawmakers, including Sen. Elizabeth Warren (Mass.) and Rep. Katie Porter (Calif.), unveiled legislation Tuesday to repeal a set of Trump-era policies that loosened regulations on sm...

Wyoming’s private keys bill addresses growing threat to rights and assets

Governor Mark Gordon of the United States state of Wyoming recently signed a bill preventing the forced disclosure of private keys in a move to protect the privacy of digital asset owners. The incomin...

South Dakota Governor Moves To Block CBDC Bill That Excludes Crypto Assets From Definition of Money

South Dakota governor Kristi Noem has vetoed a bill that aims to exclude digital assets from the legal definition of money – with the exception of central bank digital currencies (CBDCs). In an interv...

Bill Ackman says U.S. did right thing in protecting SVB depositors

A sign hangs at Silicon Valley Banks headquarters in Santa Clara, California on March 10, 2023. Noah Berger | AFP | Getty Images Billionaire investor Bill Ackman said the U.S. government’s actio...

South Dakota’s Governor Vetoed HB 1193 Bill on Money Definition

The Governor of South Dakota vetoed the new proposal of changing the definition of money. The bill considers Central Bank Digital Currencies (CBDC) as money does not recognize any other digital asset ...

Oscars ‘Free’ Gifts Draw $46k Tax Bill From IRS + $16k From California

Hollywood, CA/ USA – July 26, 2018: Oscar golden award in a souvenir store on Hollywood Boulevard. … [+] Success and victory concept getty Some say that an Oscars statuette is the most val...

Bill Ackman wants a sanction on SVB executives – Cryptopolitan

Famous billionaire Bill Ackman has waded into the Silicon Valley Bank issues presently being talked about across the United States. Reacting to the news, the billionaire tasked the government with mak...

Revised Bill Suggests Prison Time for Russian Crypto Miners Evading Taxation – Mining Bitcoin News

A draft law designed to regulate crypto mining in Russia introduces harsh penalties for miners failing to report digital assets to the state. In its latest revision, the bill also threatens to punish ...

“The government has about 48 hours to fix a-soon-to-be-irreversible mistake”: Bill Ackman warns some businesses may not be able to meet payroll after SVB’s failure

“The government has about 48 hours to fix a-soon-to-be-irreversible mistake. By allowingSVB Financial to fail without protecting all depositors, the world has woken up to what an uninsured deposit is ...

South Dakota Governor Vetoes Bill Supporting CBDC Over Crypto

South Dakota governor Kristi Noem has vetoed House Bill 1193. The bill changes the definition of money to exclude cryptocurrencies like Bitcoin and includes support of a central bank digital currencie...

South Dakota Governor Vetoes Bill Excluding Cryptocurrencies from State’s Definition of Money

South Dakota Governor Kristi Noem has vetoed House Bill 1193, which aimed to amend the state’s Uniform Commercial Code (UCC) to specifically exclude cryptocurrencies and other digital assets fro...

South Dakota governor vetoes bill excluding cryptos from definition of money

South Dakota governor Kristi Noem has formally rejected legislation that would have excluded bitcoin (BTC) and other cryptocurrencies from the definition of money. Bill excluded crypto but classified ...

South Dakota gov vetoes bill excluding crypto from definition of ‘money’

Kristi Noem, the governor of South Dakota, has used her authority to veto legislation aimed at changing the definition of money to exclude cryptocurrencies. In a March 9 notice to South Dakota house s...

House Unanimously Approves Bill To Declassify Intelligence On Wuhan Lab

Topline The House of Representatives voted unanimously Friday morning on a bill to declassify intelligence information on the origin of Covid-19, following two reports suggesting the deadly virus orig...

‘I don’t see another bank stepping in to help.’ Bill Ackman suggests government intervention to save Silicon Valley Bank parent.

“The failure of Silicon Valley Bank could destroy an important long-term driver of the economy as VC-backed companies rely on SVB for loans and holding their operating cash. If private capital can’t p...

‘Too big to fail’ is back as Bill Ackman says government should consider a Silicon Valley Bank bailout

It’s looking like 2008 for some investors in the private markets. Venture investors and tech founders are in “sheer panic” after Silicon Valley Bank, a prolific lender and important banking institutio...

Is SVB to big to fail? Will it get rescued? Bill Ackman already calling for bail-outs

Quick Take A short timeline on what has happened to Silicon Valley Bank (SVB) and whether there is more contagion coming: SVB saw its deposits explode during the bubble of 2020, from $62 bn at the end...

Russian Crypto Mining Bill Says Report Earnings or Face Jail Time

A new Russian crypto mining law mandates that miners declare their earnings or face jail time and forced labor. Meanwhile, the country has subsidized a mining facility in Siberia. Russia’s government ...

Bill Ackman Says US Should Mull SVB Bailout as Possible Option

(Bloomberg) — The US government should consider a “highly dilutive” bailout of SVB Financial Group if a private capital solution can’t be provided, according to Pershing Square founder Bill Ackm...

Draft of Lummis-Gillibrand Crypto Bill Expected in April

Senator Kirsten Gillibrand has said a new draft of the bipartisan crypto bill put forward by herself and Senator Cynthia Lummis is expected to be released in April. A new draft of the highly anticipat...

Silvergate Contrarian Bet Soured for Peter Thiel-Backed Block.one, Bill Miller

(Bloomberg) — Just months before Silvergate Capital Corp. announced that it was winding down, banking’s first casualty from the crypto industry’s implosion, a company called Block.one was boosti...

Crypto bill draft will be released in April, says Senator Gillibrand

According to United States Senator Kirsten Gillibrand, a new draft of the bipartisan crypto bill pioneered by herself and Senator Cynthia Lummis will be released to the new Congress after being deferr...

New Draft of Crypto Bill Announces by U.S. Senator

Alex Dovbnya Senator Kirsten Gillibrand has announced a new draft of her crypto bill during the Senate Agriculture Committee’s hearing on CFTC oversight During the Senate Agriculture Committee&#...

FTX Bankruptcy Lawyers Submit Multi-Million Dollar Bill for Work

Bankruptcy lawyers for the embattled crypto exchange FTX have submitted a hefty invoice for their work. Meanwhile, creditors are seeking their BTC back from Grayscale. The phalanx of lawyers working w...

Arizona State Senator Pushes Bill to Make Bitcoin Legal Tender

Wendy Rogers bids to see bitcoin become legal tender in the state of Arizona  Rogers previous bill with a similar motive was rejected A number of states have already formally accepted Bitcoin as a val...

US lawmakers planning to reintroduce bill aimed at fixing crypto reporting requirements: Report

A group of United States lawmakers is reportedly planning to reintroduce legislation to change the reporting requirements for certain taxpayers involved in crypto transactions. According to a March 7 ...

Stripe Faces $3.5 Billion Tax Bill as Employees’ Shares Expire

(Bloomberg) — Stripe Inc., one of the world’s most valuable startups, told investors it plans to use money it receives in its latest round of fundraising to help cover a roughly $3.5 billion tax...

Crypto Miners To Report Emissions Once Bill Pushed Back By US Lawmakers Gets Approved

Crypto miners are now in the crosshairs of US legislators. A crypto mining bill that pushes for transparency on gas emissions data is being pushed back in Congress, courtesy of U.S. Sen. Edward Markey...

U.S. Lawmakers Reintroduce Bill to Force Crypto Miners to Disclose Emissions

“While we’re working together as a nation to face down an existential crisis that puts the health and safety of our people and our planet in jeopardy, crypto miners are sucking megawatt after megawatt...

US State Proposes Bill To Prevent Bitcoin From Being ‘Money’

Dennis Porter, CEO and co-founder of Satoshi Act Fund, shared a shocking breaking news via Twitter today that can be understood as a massive attack on Bitcoin in the United States of America. Porter w...

US Senate Poised to Greenlight Bill Advocating for TikTok Ban

The US Congress is readying a votable bill to pave the way for a broader ban on TikTok to reduce Chinese control of US data. The US House Foreign Affairs Committee looks to implement legislation that ...

South Dakota proposes bill to change definition of money to exclude Bitcoin

The state of South Dakota is making moves seeking to redefine what constitutes money, with a keen interest on classifying cryptocurrencies.  The bill titled ‘An Act to amend provisions of the Uniform ...