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legislation

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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05 Jun 23

SEC and CFTC find clarity in new legislation to regulate crypto

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied House Republicans have introduced a draft proposal to address gaps in cryptocurrency regulations, assigning the CFTC authority over crypto commodities and the SEC for digital securities. To bridge the gaps in the current regulatory framework surrounding cryptocurrencies, House Republicans have put […]

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11 May 23

New York proposes legislation to allow stablecoins as bail payment

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied New York State has proposed new legislation that would authorize fiat-collateralized stablecoins as a means of bail payment. The bill, known as New York Assembly Bill 7024, introduced on May 10, would add stablecoins to the list of approved methods of […]

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10 May 23

US crypto legislation meets skepticism

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a rare confluence of the U.S. House’s key cryptocurrency committees, the question of new digital asset legislation spurred intense debate, pitting the urgency of regulatory measures against concerns over potential leniency. In a distinctive joint gathering of the U.S. House […]

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05 May 23

El Salvador enacts game-changing tech legislation

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied President of El Salvador signs the Innovation and Technology Manufacturing Incentives Act, eliminating all taxes on technology innovations, software and app programming, AI, and computer and communications hardware manufacturing, in a bid to transform the nation into a global technology hub. […]

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03 May 23

French senate advances legislation allowing social media influencers to advertise cryptocurrency

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Committee on Economic Affairs in the French Senate has approved an amendment to pending legislation that will permit registered cryptocurrency companies to enlist social media influencers for promotional and advertising purposes. The new wording would enable France’s Financial Markets Authority […]

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25 Apr 23

Republicans propose stablecoin legislation taking away SEC power

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A group of House Republicans has introduced a draft bill limiting the power of the Securities and Exchange Commission (SEC) over stablecoins used for payments. The bill, still under negotiation, was made public on April 24 and came as the SEC […]

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07 Mar 23

US lawmakers push for new crypto legislation

U.S. lawmakers are pushing for the reintroduction of the bill responsible for reforming how digital assets are evaluated for tax purposes. Lawmakers push for “Keep Innovation in America Act” Lawmakers in the United States led by congressmen Ritchie Torres and Patrick McHenry have begun moves to revamp the premise surrounding the implementation of crypto tax […]

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24 Feb 23

Montana senate enacts legislation shielding crypto miners from exploitation

On Feb. 23, the Montana state legislature passed a new crypto bill protecting miners from various exploitative acts. The bill seeks to give crypto miners competitive advantages. The bill will ensure miners are not charged electricity rates discriminately by the commission involved. Additionally, it will change the zoning ordinance. Therefore, home crypto miners who live […]

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11 Jan 23

Argentina legislation may force citizens to declare their digital asset holdings

Argentina is set to introduce a new draft bill requiring citizens to declare their cryptocurrency holdings. Otherwise, they could face hefty tax penalties. Argentina’s new draft bill targets crypto assets The bill is meant to tighten the country’s anti-money laundering rules and will be presented to the Federal Administration of Public Revenues (AFIP) in the […]

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