US Legislators Introduce Important New Crypto Amendment In Bipartisan Bill

The cryptocurrency clash between members of Congress is heating up again after 10 representatives line up to support yet another crypto amendment. Covered: Bitcoin Price Update Latest Crypto Amendment Development The Orginal Infrastructure Bill  There are definitely people out there selling cryptocurrencies — The Crypto Dog?? (@TheCryptoDog) November 18, 2021 Bitcoin and the overall crypto […]

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Breaking: Senators Fight To Include Last-Minute Crypto Amendment To US Infrastructure Bill

Senators Cynthia Lummis and Ron Wyden are back again to speak up for the crypto community in Congress. Will their latest crypto amendment to the infrastructure bill make the cut? Covered:  Senators’ New Crypto Amendment The Original Infrastructure Bill Governments Around The World Turning To Bitcoin In another episode of the heated infrastructure bill debate, […]

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Legislation Introduced to Remove SEC Chair Gensler from His Role

United States Representative Warren Davidson has announced plans to introduce legislation that would remove SEC Chair Gary Gensler from his role and replace it with an Executive Director that reports to the Board. The move follows the SEC's proposed rule amendments that could bring certain brokers under additional regulatory scrutiny and redefine an "exchange." While Gensler has said the proposed changes could benefit investors and markets, SEC Commissioner Hester Peirce has criticized the move, accusing the regulator of stifling new technology and entrepreneurship. The SEC has faced criticism for using enforcement actions to develop the law on a case-by-case basis, rather than creating clear regulations. (Read More)

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Russian Parliament Votes on Bill Opening Door for Digital Ruble

Russian lawmakers have approved a draft law facilitating the implementation of the digital version of the national currency, the ruble. The legislation amends various other acts to introduce definitions and establish procedures related to the launch of the central bank digital currency. Russian State Duma Passes Digital Ruble Draft Law on First Reading The lower [...]

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Russian Crypto Industry Queries Government About Proposed Criminal Liability for Miners

The organization representing Russia’s crypto sector has asked the government in Moscow to clarify a proposal to introduce criminal liability for “gray” miners. The draft legislation seeks to punish those who fail to report their income to the state and share information about their digital assets. Crypto Companies in Russia Want to Take Part in [...]

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Rep. Davidson to introduce legislation to fire SEC boss Gensler for crypto overreach

Securities and Exchange Commission (SEC) chair Gary Gensler could be facing unemployment after United States Representative Warren Davidson declared he would introduce legislation to fire the SEC boss. In an April 15 tweet responding to Coinbase’s legal chief, Paul Grewal, the crypto-friendly Representative announced his intention to have Gensler removed from his role after the [...]

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XRP Ledgers XLS-40 DIDs: The Ultimate Scalable Identity Solution

Key Takeaways: The XRP Ledger has taken a leap forward with the implementation of Decentralized Identifiers (DIDs) through the XLS-40 amendment. These W3C-compliant digital identities fully empower the user to control their data, without relying on any centralized entities. Such a move tackles some of the critical barriers to the adoption of enterprise blockchains by […]

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Former US Secretary of Labor Robert Reich Urges Bypassing Congress to Raise Debt Ceiling

Robert Reich, former secretary of labor in the U.S., has called for the government to bypass Congress in order to raise the debt ceiling unilaterally. Reich states that the constitution of the U.S. gives President Biden the faculty of ignoring this debt limit, declaring it unconstitutional — explaining its existence is less significant than the

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SEC's Gag Rule Faces Criticism: Commissioner Hester Peirce Calls for Reform

SEC Commissioner Hester Peirce has publicly disagreed with the agency's refusal to amend the 1972 gag rule, raising concerns over its impact on free speech and regulatory integrity. The rule, which prevents defendants from criticizing SEC allegations post-settlement, is being challenged for its constitutional implications. (Read More)

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Utah Passes Bold Crypto Bill: Will Other States Follow Its Lead?

The House committee in Utah has made a major move towards the use of public cryptocurrency funds in the state. On January 28th the Utah House Economic Development Committee voted 8 to 1 in favor of HB 230, commonly referred to as the Blockchain and Digital Innovation Amendments. The bill will now be taken to […]

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Cboe Resubmits Spot Bitcoin ETF Filings With Coinbase as Surveillance-Sharing Partner Amid SEC Dissatisfaction

In response to reports suggesting that the recent wave of spot bitcoin exchange-traded funds (ETFs) filed in recent weeks did not meet the U.S. Securities and Exchange Commission’s (SEC) standards, the Chicago Board Options Exchange (Cboe) has resubmitted four 19b-4 filings for these ETFs. Notably, Cboe’s amended filings now include Coinbase as a partner in [...]

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