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Harnessing the Power of Unity05

09 Jun 23

US House introduces draft of legislation for stablecoins

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The United States House Financial Services Committee, led by Representative Patrick McHenry, has unveiled the third draft of the stablecoin bill. Scheduled for discussion within the House committee on June 13, this potential legislation could mark a significant milestone as the […]

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02 Jun 23

Crypto reform subject of draft bill from US Senate

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The U.S. Senate is working on a draft bill shifting digital assets initially classified as securities to be regulated as commodities. The proposed legislation presents a pathway for the regulation of digital assets, providing clarity and consistency in the evolving landscape […]

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16 Apr 23

US draft bill on stablecoins places issuers like Tether under the Federal Reserve oversight

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A new draft bill that provides a stablecoin framework in the United States will see private issuers such as Circle, the issuer of USDC, and Tether Holding, the firm behind USDT, placed under the Federal Reserve (Fed) oversight. The Fed is […]

Legislation Regulation generic 3

22 Jan 23

Central African Republic creates task force to draft crypto bill

The Central African Republic (CAR) government has given a 15-member team the task of drafting a crypto bill. The crypto committee is required to develop a legal structure and an ecosystem model for its citizens’ utilization of cryptocurrencies and other tokens. Crypto can help solve the country’s financial problems, CAR President denotes Faustin-Archange Touadera, the […]

Court Law generic 2

03 Jan 23

Morocco’s central bank announces draft crypto law

The governor of Bank Al-Maghrib (BAM), Abdellatif Jouahiri, told the media a Moroccan draft crypto law that aims to shield people from the risks associated with cryptocurrency trading is ready. Jouhari, in an interview, spoke about the BAM’s process for creating the document and the upcoming conversations with other authorities; he said he is confident […]

Russias Former President Dmitry Medvedev Banning Crypto May Lead to the Opposite Result

01 Jan 23

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. The bill outlines the necessary changes to establish the conditions for introducing the central bank-backed currency (CBDC). The proposed draft legislation According to reports, the main […]

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