New Hampshire is ramping up to play a leading role in blockchain technology following the release of a final report with recommendations to devote resources to establish legal regimes to attract innov...
Tag: Legislation
The Biggest Retirement Legislation in Our Lifetimes
Last year’s combination of inflation, economic uncertainty, tanking stock, and bond markets threw a monkey wrench into millions of Americans’ retirement plans. Which is why we should all breathe a si...
EU Postpones Final Vote on MiCA Legislation Again Following Issues in Legal Document Translation
The EU deferred its final MiCA legislation vote for the second time in two months. The European Union (EU) has postponed the final vote on its Markets in Crypto Assets regulation (MiCA) until April th...
Vote on Crucial European Crypto Legislation Delayed Again
Key Takeaways The European Union’s Markets in Crypto Assets (MiCA) regulation vote is being pushed back to April. The 400-page text reportedly needs to be translated into 24 languages, which is presen...
US House Republicans to Create Crypto Subcommittee for Oversight and Legislation
Representative French Hill (R-Ark), who led Republicans in the effort to test the successful ability of a CBDC, will head the new subcommittee of crypto assets, financial technology, and inclusion. Th...
El Salvador Passes Landmark Legislation For All Cryptocurrencies
El Salvador continues its massive embrace of bitcoin by passing a bill that paves the path for the creation of a legal structure for all cryptocurrencies. The legislative framework for a Bitcoin-backe...
Biden Urges Bipartisan Legislation To Rein In Big Tech Companies—As GOP Targets President In Tech Probes
Topline President Joe Biden called on Congress to enact bipartisan legislation to rein in big tech companies on Wednesday, urging lawmakers to address concerns regarding privacy, antitrust, illegal co...
Biden Urges Bipartisan Legislation To Reign In Big Tech Companies—As GOP Targets President In Tech Probes
Topline President Joe Biden called on Congress to enact bipartisan legislation to reign in big tech companies on Wednesday, urging lawmakers to address concerns regarding privacy, antitrust, illegal c...
Hong Kong brokers line up for SFC approval ahead of new virtual asset trading legislation
Financial services providers in Hong Kong are already taking the first steps to provide services to retail investors, according to local reports. Brokers and fund managers in the region have reportedl...
These states will raise their minimum wages in 2023
Labor activists hold a rally in support of a national $15 minimum wage on May 19, 2021, in Washington, D.C. Kevin Dietsch | Getty Images News | Getty Images As the calendar turns to 2023, workers in m...
Draft legislation for the digital Ruble forwarded by legislators in Russia
A group of Russian legislators, headed by Anatoly Aksakov, Chairman of the Financial Market Committee, have proposed draft legislation to create the digital Ruble that the Bank of Russia will issue. T...
SEC Gensler says further legislation for crypto not necessary
Amidst the ongoing debacle of the FTX collapse and SBF’s arrest, there are increasing calls in Washington for legislation to regulate the digital asset industry. However, Gary Gensler, the chair of t...
Tax-free rollovers from 529 plans to Roth IRAs may be allowed in 2024
Maskot | Maskot | Getty Images Americans who save for college in 529 plans may soon have a way to rescue unused funds while keeping their tax benefits intact. A $1.7 trillion government funding bill p...
Brazil’s Crypto Payments Legislation Signed Into Law by President Bolsonaro
The President of Brazil, Jair Bolsonaro, is signing new legislation to regulate the use of crypto assets in his country. According to a recent government memo, the Brazilian President is signing a bil...
The Marshall Islands Wants Money-making DAOs To Call It Home
The Marshall Islands is taking a notable step forward in terms of regulating DAOs: legally recognizing both nonprofit and for-profit versions of the autonomous organizations like limited liability com...
Outgoing U.S Senator Pat Toomey Introduces Stablecoin Legislation
2 hours ago | 2 mins read Altcoin News Toomey proposed new crypto legislation a week after giving his farewell statement. The measure would have OCC issue a new federal license for “payment stablecoin...
US Senator proposes bill for better stablecoin legislation
Outgoing Pennsylvania Senator Pat Toomey on Wednesday introduced a bill that he expects would serve as a model for stablecoin legislation in the coming year. The bill seeks to give stablecoin an immu...
Indian government updates parliament on crypto legislation and exchange probes
The Indian government has updated the Lok Sabha, India’s lower house of parliament, on the status of its cryptocurrency bill and investigations into crypto exchanges. Indian government responds to con...
The Bank Of Canada Stresses Stablecoin Regulation When Legislation Is Presented
Following the failure of the Canadian government to contemplate legislation, experts from a central bank have penned a letter in which they assert that regulation is necessary in order to realize the ...
Bank of Canada emphasizes need for stablecoin regulation as legislation is tabled
Staffers at the Bank of Canada released an analytic note on fiat-referenced crypto assets, otherwise known as stablecoins, Dec. 19. In addition to a review of mechanisms for creating and distributing ...
Nigerian Government Proposes Legislation Regulating Cryptocurrencies
3 seconds ago | 2 mins read Bitcoin News The local SEC will be able to recognize cryptocurrencies. This news comes about 24 months after the ban. To keep up with global trends, the Nigerian government...
The Urge of US Financial Regulators Regarding This Legislation
The United States Federal Government Organization, Financial Stability Oversight Council (Council), urged Congress to pass legislation for cryptocurrency spot markets. Meanwhile, the spot market can b...
US Financial Regulators Urge Congress To Pass Cryptocurrency Spot Markets Legislation
A council consisting of the US’s top financial regulators is urging Congress to regulate cryptocurrency spot markets. The Financial Stability Oversight Council, made up of the heads of the U.S. Securi...
12 Ways Chat GPT Will Change U.S. Immigration Law Forever
Chat CPT is a new technology that could change our world. It holds great promise to make our lives … [+] better. U.S. immigration is one field where it can be applied. getty On November 30th, 20...
United States: Incoming lawmakers move to delay key legislation to tax crypto
U.S. Representative Patrick McHenry wrote a letter to the U.S. Treasury to delay crypto taxes. Many lawmakers this year have raised similar concerns. The United States midterm elections held in Novemb...
Sens. Warren and Marshall introduce new money-laundering legislation for crypto
As the cryptosphere focused on the drama unfolding around FTX, United States Senators Elizabeth Warren and Roger Marshall introduced the Digital Asset Anti-Money Laundering Act of 2022 on Dec. 14. The...
Warren, Marshall introduce bill to tighten money laundering rules for crypto
Sens. Elizabeth Warren, D-Mass., and Roger Marshall, R-Kan., introduced legislation to tighten U.S. anti-money laundering rules to digital assets. The bill would expand know-your-customer rules ...
Hong Kong Includes Licensing Regime for Crypto Exchanges in New Legislation
Hong Kong’s legislative council has added a new amendment to the Anti-Money Laundering and Counter-Terrorist Financing (Amendment) Bill 2022 to accommodate the cryptocurrency industry. The legislation...
Hong Kong To Prepare New Legislation Targeting Crypto Exchange Service Providers
The recent FTX fiasco not only shattered the spirit of crypto traders and triggered probes into various crypto companies but also pushed global law authorities to tighten regulations and set an eye on...
House Passes Same-Sex Marriage Protections, Sending Legislation To Biden’s Desk
Topline The House approved the Respect for Marriage Act that would require the federal government to offer benefits to same-sex married couples and instruct states to recognize the unions in a 258-169...
Kazakhstan’s parliament moves forward on Bitcoin mining legislation
Kazakhstan is advancing new legislation to regulate local crypto miners. Kazakhstan’s Majalis, the federal parliamentary body, has approved the second reading of a bill “On the Digi...