The rules and regulations mentioned in the bill have seen far more criticism and controversy, yet it was passed in the recent session Earlier today, Lawmakers at the European Union voted in favour of ...
Tag: Bill
What requirements does the proposed bill, Stablecoin Transparency Act, possess for Stablecoins?
The Stablecoin Transparency Act was presented in front of the Congress chamber to make sure stablecoins follow some regulations Representative Trey Hollingsworth in the house and Senate Bill Hagerty i...
Proposed Bill Would Require Stablecoins to Be Backed by Dollars, Government Securities
In brief The Stablecoin Transparency Act would require stablecoins to be fully backed by dollars or short-term government securities. Stablecoin issuers would also have to publish audited reports. Rem...
30% crypto tax becomes law in India following Finance Bill approval
The Indian Finance Bill 2022, with new 30% crypto tax rules, was approved on Thursday by the Rajya Sabha, the upper house of the Indian parliament, to make it a law, which will come into effect starti...
Washington State Approves Bill Supporting Blockchain Adoption
The State of Washington has approved a bill that aims to increase the adoption of blockchain technology across various sectors. State Governor Jay Inslee signed the bill into law. According to reports...
Sen. Ted Cruz Introduces a Bill to Prevent the Fed From Issuing a CBDC
The American politician and attorney serving as the junior United States Senator for Texas – Ted Cruz – introduced a bill restraining the Federal Reserve from launching a central bank digital currency...
Crypto Doesn’t Fit The Bill as Store Value or Payment Mode: Yamani Hafez Musa
Yamani Hafez Musa, Malaysia’s Deputy Finance Minister, thinks that crypto-assets like ETH and BTC are not suitable as a mode of transaction. While virtual assets are not identified as legal tender in ...
Ted Cruz introduces companion to Emmer‘s bill to exclude Fed retail CBDC issue
Texas Senator Ted Cruz introduced companion legislation into the United States Senate on Wednesday for Minnesota Representative Tom Emmer’s bill that prohibits the Federal Reserve from issuing central...
Ted Cruz Introduces Companion Bill To Emmer’s: Concerns retail CBDC issuance by FED
Ted Cruz introduced a similar bill introduced by Tom Emmer back in January, related to CBDCs‘ direct issuance to individuals. It could be utilised as a surveillance tool that the Americans should nev...
Washington Governor Signs a Bill to Accelerate In-State Blockchain Adoption
Jay Inslee – Governor of Washington – signed into law the Engrossed Substitute Senate Bill 5544, which establishes a blockchain workgroup in the northwest state. The development aims to accelerate the...
Stagflation is possible: investing legend Bill Gross
Don’t rule out an economic period of stagflation, warns investing legend Bill Gross. “I don’t think 7% inflation or more, which we have now, is really our future. A lot of things will reve...
EU’s MiCA Bill to Enter Next Phase of Negotiations on Thursday
The MiCA framework, which was introduced in 2020, aims to simplify expansion for crypto businesses throughout the EU’s 27 member nations, and covers a wide range of rules for crypto issuers and ...
U.S. Politicians Propose Bill for a Non-Blockchain-Based Digital Dollar – crypto.news
Members of the U.S. House of Representatives including Rep. Stephen Lynch (D-Mass), Rep. Jesus G. Chuy Garcia (D-Ill.), Rashida Tlaib (D.Mich.), and others, have on March 28, 2022, introduced the Elec...
US Lawmakers Pass E-Cash Bill That Replicates Physical Money, Leaving Aside the FED
A group of US lawmakers introduced this Monday the “E-CASH” Act, a bill directed to the US Treasury Department to encourage the entity to develop a digital version of the dollar. E-Cash Is not CBDC, b...
Bill extending 401(k) withdrawals and boosting auto-enrollment in retirement accounts passes House
Americans may have more help in the fight to save for retirement after the U.S. House on Tuesday overwhelmingly passed a bill that aims to bolster workplace plan options. The House passed the Securing...
Retirement-Reform Bill Could Slash Taxes
Congress is working on some major revisions to the 2019 law that overhauled retirement tax rules for older Americans – and the changes could mean big savings for your investment portfolio and nest egg...
Crypto Community Raises Concerns Over Upcoming EU Crypto Bill ⋆ ZyCrypto
Advertisement     A wind of gloominess is blowing over the crypto community due to an upcoming EU parliamentary crypto bill despite Bitcoin leading other cryptocurrenc...
Bill Ackman is done with activist short-selling, will focus on quieter, long-term approach
Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Investor Bill Ackman said Tuesday that he will no longer take part in vocal activist short selling campaigns, a ...
Businesses oppose Florida’s ‘Don’t Say Gay’ bill banning talk of LGBTQ issues in public schools
Revelers celebrate on 7th Avenue during the Tampa Pride Parade in the Ybor City neighborhood on March 26, 2022 in Tampa, Florida. The Tampa Pride was held in the wake of the passage of Florida’s...
House Committee Chair Proposes a bill to create a new digital currency “E-cash digital Dollar”
TL;DR Breakdown The chairman of the House Financial Services Committee’s fintech task force has introduced a bill to establish E-Cash digital currency. Under Lynch’s plan, no blockchain or internet co...
US Lawmakers Introduce ‘ECASH Bill’ Aimed at Creating Digital Dollar
A group of U.S. lawmakers announced Monday that they introduced a law bill that calls for developing an electronic version of the U.S. dollar that has the same privacy expectations and legal status as...
House Committee Chair Proposes Privacy-Preserving Digital Currency Bill
The chair of the House Committee on Financial Services’ Task Force on Financial Technology has introduced a bill to create a new type of digital currency. The Electronic Currency and Secure Hardware ...
Disney Says Striking Down ‘Don’t Say Gay’ Law Is Company’s ‘Goal’ After DeSantis Signs Bill
Topline Disney promised Monday to support efforts to strike down Florida’s Parental Rights in Education Act—known by critics as the “Don’t Say Gay” bill—after Gov. Ron DeSantis (R) signed it into law,...
Florida Gov. DeSantis Signs ‘Don’t Say Gay’ Bill Into Law Despite Controversy
Topline Florida Gov. Ron DeSantis (R) signed the Parental Rights in Education bill—known by critics as the “Don’t Say Gay” bill—into law Monday, enacting the policy despite widespread controversy and ...
Members of Congress Introduce “E-Cash” Bill
Key Takeaways Congressional Representatives have introduced a bill that call upon the Treasury to prepare a digital dollar E-Cash. E-Cash is meant to preserve privacy and operate without needing acces...
Bill proposes digital currency that replicates cash, bypasses the Fed
The Electronic Currency and Secure Hardware Act (ECASH Act), introduced today in the United States House of Representatives, could herald a new direction in government-sponsored digital currencies. Th...
legislative Bill to Sanction Russia’s Gold –
Four US senators have introduced legislation sanctions on Russia’s gold. Secondary sanctions would discourage the buy of Russian gold and plug a loophole that permits the Russian Federation to reduce...
Tilray rose 22.81% as the marijuana bill goes to vote. What should you do?
Tilray Brands Inc. (NASDAQ:TLRY) closed a 22.81% high on Friday after details emerged that Congress will vote on a marijuana bill next week. While the bill does not yet seek to legalize marijuana at t...
The Lumis Legislation: Crypto bill that could turn out to be bipartisan
Republican Senator Cynthia Lummis has recently got support from several Democratic senators in her anticipated crypto legislation bill The US’s crypto industry could get comfortable support as i...
Cynthia Lummis’ crypto bill supported by New York senator
With the US Mid-term elections nearing, there has been a rise in the number of politicians wooing the crypto community. Nevertheless, the US political sphere remains largely divided on regulating the ...
Behind the bipartisan crypto bill that’s coming to Congress
Republican Senator Cynthia Lummis is delivering on her promise to get a cryptocurrency bill to Congress this year. The staunch Bitcoin supporter representing the state of Wyoming won’t be alone in her...