Paraguay struck down a crypto bill that would cap electricity rates for mining operations. The bill was generally aimed at regulating the commercialization, intermediation, exchange, transfer, c...
Tag: Legislation
After Months at Arm’s Length, Sen. Brown Opens Door for Crypto Legislation
“Single regulatory agencies currently generally do not have a comprehensive view of crypto asset entities’ activities,” Brown argued in his letter, which highlighted the findings of a report from the ...
House Approves Legislation To Prevent Rail Strike
Topline The House voted Wednesday to ratify a formal labor agreement between rail companies and labor unions, and voted to grant rail workers additional sick-leave benefits, aiming to prevent a strike...
Kenyan legislation establishes crypto taxation, creates consumer protections
An amendment was introduced to the Kenyan Capital Markets Law on Nov. 21 that would require those who own or deal in cryptocurrencies to provide the country’s Capital Markets Authority with informatio...
Klobuchar Slams Live Nation After Taylor Swift Chaos—As New Congress Threatens Future Of Antitrust Legislation
Topline Sen. Amy Klobuchar (D-Minn.) criticized Live Nation for failing to deliver on consumer fairness promises made during its merger with Ticketmaster, following the Taylor Swift tour debacle earli...
These Coins May Be Banned Under New EU Legislation
Join Our Telegram channel to stay up to date on breaking news coverage The European Union could start banning banks and cryptocurrency providers from offering services related to privacy coins such as...
What’s in the Crypto Legislation Backed by FTX Founder
Crypto commodity platforms, for their part, would be required to maintain a relationship with the CFTC similar to other commodity dealers. For example, they would need to keep good records for at leas...
Why The Lame Duck Session Will Be Crucial For January 6 Investigation And Election Legislation
Topline Congress returned to Washington on Monday to begin its final session before new members take office in January, and lawmakers are expected to address several measures related to the January 6 ...
Congressman Brad Sherman claims FTX ‘deterred legislation’ with money
Anti-crypto Congressman Brad Sherman released a statement on the FTX crash and said that FTX has been supporting Democrats to influence crypto regulations and that he was correct to urge the SEC to ta...
US lawmaker blames ‘billionaire crypto bros’ for delayed legislation
United States congressman Brad Sherman, a known crypto skeptic, has pointed the finger at “billionaire crypto bros” for slowing down much-needed cryptocurrency regulation. In a Nov. 13 statement addr...
‘Urgent need for legislation’ after FTX collapse, says Maxine Waters
There is an “urgent need for legislation” after the sudden collapse of crypto exchange FTX, Rep. Maxine Waters, D-Calif., said in a statement. Waters, the chair of the House Financia...
EU Parliament passes cybersecurity legislation for crypto and fintech firms
The European Parliament passed the Digital Operational Resilience Act, which creates new rules on cybersecurity for crypto asset service providers. The legislation passed by a margin of 556 in ...
Current crypto legislation ‘undermines’ the SEC, Gensler says
Current legislation undermines the authority of the Securities and Exchange Commission, Chairman Gary Gensler said in an address to the Healthy Markets Association today. “As Congress loo...
The Block: EU crypto legislation will mitigate events like FTX collapse: policy experts
The proposed acquisition of the FTX crypto exchange by rival Binance is bringing European regulators and experts forward — and they’re commenting that the bloc’s new digital asset legislation wi...
Sen. Lummis points to FTX-Binance as catalyst for her crypto legislation
At least one senator is calling on Congress to reconsider crypto legislation following Binance’s bailout of FTX earlier today. “Market manipulation, lending activity, and whether cus...
MiCA legislation good news for crypto players — Binance Europe VP
Smaller cryptocurrency exchanges and start-ups could benefit from the European Union’s Markets in Crypto-assets (MiCA) regulation, according to Martin Bruncko, Binance’s executive vice president of Eu...
European Commission to soon propose legislation on a digital Euro
The European Commission is soon going to bring out legislation on the digital Euro, said European Central Bank (ECB) President Christine Lagarde. Lagarde was addressing the “Towards a legislative fram...
EU Commission set to propose legislation for digital euro
The European Commission will “soon” come out with a legislative proposal on a digital euro, European Central Bank President Christine Lagarde said in a video statement at the “Toward...
Delay in EU’s vote on MiCA could also slow down anti-money laundering legislation
The European Parliament’s delay on a final vote over comprehensive framework for regulating crypto assets could delay other crypto legislation in the EU pipeline. The Markets in Crypto Ass...
EU vote on MiCA crypto legislation delayed until February; Here’s why
European Union legislators won’t vote on the Markets in Crypto Assets (MiCA) legislation until February 2023, likely to result in additional delays in the implementation of the groundbreaking licensin...
Brussels to Spur Rollout of Instant Payments in Euro, Proposes Legislation – Regulation Bitcoin News
The European Commission has approved a proposal to accelerate the introduction of euro instant payments. The technology is there and Europeans should be able to send and receive money immediately, the...
Small Muni Issuers See A Potential 620% Windfall For Their Taxpayers
Currently pending before the Senate, the Financial Data Transparency Act (S. 4295 – “FDTA”) is legislation taking financial reporting by companies and municipalities to the next level. It ushers in th...
Korean Regulators With New Legislation (Report)
South Korea’s top monetary regulator – the Financial Service Commission (FSC) – thinks cryptocurrencies and stablecoins could facilitate money-laundering activities. As such, it will reportedly closel...
The $40,000 electric vehicle business tax credit may be easy to get
Electric buses at a charging station. Koiguo | Moment | Getty Images Plus, the tax credit for bigger trucks is worth more money — up to $40,000 in contrast to the $7,500 maximum for passenger cars and...
House legislation ‘best shot’ for digital dollar competition
Crypto industry players are optimistic that lawmakers could pass a new stablecoin law next year, they said during a financial conference in Washington, D.C. “I think it is the best shot the U.S....
It’s legislation season in the EU: Law Decoded, Oct. 3–10
In one week, the EU institutions voted in favor of a crypto-friendly resolution and promoted MiCA to the next stage. Last week, the European Union appeared to be rather busy with making decisions that...
EU Parliament Officials Approve New Crypto Legislation – Here’s What’s Next
The European Union has inched closer to adopting a bill that seeks to regulate crypto assets and establish financial safeguards in the region. According to ECON Committee Press, lawmakers have green-l...