Ripple’s general counsel has urged U.S. lawmakers to pass “sensible crypto legislation” amid a Securities and Exchange Commission (SEC) lawsuit over the sale of xrp. “Rather than providing regulatory ...
Tag: Legislation
Proposed Antitrust Legislation Threatens To Harm U.S. Tech Startups And The Innovation Economy
The recently-released GDP estimates revealed that the economy contracted for the second quarter in a row, and some economists fear that we may already be in a recession. Given the precarious nature of...
China competitiveness computer chip bill passes Senate, goes to House
The Senate on Wednesday passed bipartisan legislation aimed to help the U.S. compete with China by injecting tens of billions of dollars into the domestic production of semiconductor chips. The bill, ...
Sen. Lindsey Graham introduces legislation to raise mandatory pilot retirement age to 67
A pilot views a departure board at Newark Liberty International Airport (EWR) in Newark, New Jersey, on Monday, Jan. 3, 2022. Christopher Occhicone | Bloomberg | Getty Images As the country’s pi...
What Main Street and the economy need from Congress: Goldman Sachs CEO
Pawel Toczynski | The Image Bank | Getty Images The U.S. economy is going through one of the most difficult periods I’ve seen in my 40-year career. Inflation, labor shortages, supply chain disru...
Crypto execs gave more than $150,000 to Sen. Gillibrand in Q2
Sen. Kirsten Gillibrand (D-NY) raked in thousands from crypto executives including FTX CEO Sam Bankman-Fried and Gemini’s Cameron and Tyler Winklevoss, according to her latest fundraising report. Gill...
Hong Kong Introduces Draft Legislation to Treat Cryptocurrency Exchanges Like Traditional Finance
Hong Kong lawmakers have introduced new legislation tailored to regulate the cryptocurrency space and aim to implement a new licensing regime for crypto service providers. The proposed law governing c...
Government Employees with Cryptocurrencies Forbidden from working on Crypto Legislation in US – crypto.news
U.S. Government personnel who actively invest in cryptocurrencies or are discovered to be in possession of any are prohibited from taking part in the creation of legislation and policies pertaining to...
UK to Introduce Legislation on Stablecoins by August: BoE’s Cunliffe
Speaking at the Qatar Centre for Global Banking and Finance’s annual conference, Cunliffe said recent events have delayed plans a bit. He’s likely referring to the last 24 hours, when Treasury chief R...
EU Legislation a ‘Positive’ Development Says Coinbase Boss
Coinbase CEO Brian Armstrong has said that the European Union’s new crypto legislation is a positive development “which went largely unnoticed.” Last week, the EU reached a provisional agreement mand...
EU Makes Deal on MiCA Legislation to Regulate Crypto Markets – Regulation Bitcoin News
Representatives of key European Union (EU) institutions and member states reached an agreement on the Markets in Crypto Assets regulatory proposal. The progress in the negotiations over the comprehens...
Reporting ‘limited progress,’ FATF urges countries to introduce legislation for travel rule
The Financial Action Task Force (FATF) reported that 11 out of 98 responding jurisdictions have started enforcing its standards on Combating the Financing of Terrorism, or CFT, and Anti-Money Launderi...
Biden administration official hints at stablecoin legislation that could come into force this year
Coindesk reported that an official of the U.S federal government hinted that the government is working with Congress on a stablecoin legislation that could become law by the end of the year. According...
Lower House of Russian Parliament Passed Digital Assets Tax Legislation
6 hours ago | 2 mins read Bitcoin News Regarding DFAs, platforms are exempt from VAT, exactly like securities. Foreign-based corporations will be charged a higher 15 percent tax. In Russia’s State Dum...
US State Passes Legislation Allowing Financial Institutions To Offer Crypto Custody Services
The US state of Louisiana is allowing financial institutions and trust companies to provide custody services for cryptos. Last week, Democratic Governor John Bel Edwards signed a bill mandating partic...
Coinbase introduces KYC rules for its Netherland users to comply with local legislation
Europe is increasing its regulatory pace. The Markets in Crypto Assets Regulation (MiCA) proposed in 2020 is the EU’s response to the need for an encompassing regulation for digital assets. The increa...
Senators Ask Users on GitHub for Crypto Legislation Feedback
A pair of U.S. senators who recently penned the cryptocurrency bill have published it online through GitHub in an effort to solicit feedback. The senators, Democrat Kirsten Gillibrand of New York and ...
Can The ECB Regulate Crypto? President Calls for Legislation
The European Union (EU) proposed a new approach to crypto regulation in October 2020. At that time, Bitcoin and other larger cryptocurrencies were about to begin an ascend into price discovery. This h...
Stimulus checks rewired how some Americans see money
Ciydemimages | E+ | Getty Images For Denise Diaz, the benefits of pandemic-era stimulus checks went beyond everyday dollars and cents. They rewired how she thinks about money. Diaz, a mother of three ...
Major Blow To Panamanians As President Vetoes Crypto Regulation Legislation ⋆ ZyCrypto
Advertisement     Panama’s President Laurentino Cortizo has shot down a previously approved pro-crypto bill that would allow citizens to use cryptocurrencies as a mean...
SEC Boss Is Not Happy About New Crypto Legislation
Alex Dovbnya SEC Chair Gary Gensler has poured cold water on a recent bill introduced by Sens. Kirsten Gillibrand (D-NY) and Cynthia Lummis (R-WY) According to a Tuesday report by the Wall Street Jour...
SEC Chair Gensler: New crypto legislation could impact broader markets
A new bill introduced in the US Congress last week by Sen. Cynthia Lummis and Sen. Kirsten Gillibrand on crypto regulation is not sitting well with US Securities and Exchange Commission Chairman Gary ...
NYC Mayor Adams Opposes Mining Legislation, Calls for ‘Goals Not Bans’
As New York’s crypto mining bill aims to limit environmental impact by capping proof-of-work mining, New York City Mayor Eric Adams is set to reportedly ask Governor Kathy Hochul to veto the bill pass...
NYC Mayor Eric Adams speaks out against PoW mining ban legislation
New York City’s Mayor Eric Adams spoke out on Monday against a bill just one step away from effectively banning Bitcoin mining in the state for the next two years. The bill is designed to place a two-...
Legislation and regulation of digital assets in Italy
Every now and then it is necessary to take stock of the state of the art of legislation and regulation concerning blockchain-based digital assets (or DLT). This is because although legislators and reg...
U.S. Senate Passes Legislation to Treat Cryptocurrencies as Commodities
The long-anticipated United States Senate cryptocurrency bill that would properly classify crypto assets has finally been passed, The Washington Post reported Tuesday. The bill, introduced by Senators...
House Democrats push for repeal of rule blocking SALT cap workaround
Rep. Tom Suozzi, D-N.Y., speaks during a news conference announcing the State and Local Taxes (SALT) Caucus outside the U.S. Capitol on April 15, 2021. Sarah Silbiger | Bloomberg | Getty Images Three ...
Japan Adopts Legislation Establishing Legal Framework for Stablecoins – Regulation Bitcoin News
The parliament of Japan has approved a draft law tailored to regulate stablecoins in the country and protect investors. The new legislation is among the first to be introduced after the recent collaps...
UK proposes legislation amendments to regulate stablecoin issuers
? Want to work with us? CryptoSlate is hiring for a handful of positions! The collapse of TerraUSD (UST) and its sister token Luna Classic (LUNC) has created an urgency for governments across the glob...