California AI bill under scrutiny by US policymakers
Senator Scott Wiener defends Californias AI bill, SB 1047, against criticism from Nancy Pelosi and other policymakers, emphasizing the need for oversight beyond tech companies.
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Senator Scott Wiener defends Californias AI bill, SB 1047, against criticism from Nancy Pelosi and other policymakers, emphasizing the need for oversight beyond tech companies.
The Hong Kong Monetary Authority has issued a tentative schedule for Exchange Fund Bills and Notes for the fourth quarter of 2024. (Read More)
XRP’s mainstream adoption is set to skyrocket after tokenization platform OpenEden announced tokenized US treasury bills to the XRP Ledger for the first time. These T-bills are a short-term US government debt obligation backed by the US Department of the Treasury. The tokenization of T-bills onto the ledger highlights how traditional assets are being adapted for […]
OpenAIs support for these bills highlights a broader vision for AI that balances safety, accessibility and the potential for educational progress.
The court stipulated that Binance could invest customer funds custodied at BitGo in Treasury Bills maturing along a four-week basis.
A US court has granted Binance US permission to invest certain customer fiat funds, currently held at BitGo, in US Treasury Bills. Earlier this week, the exchange requested court approval to invest about $40 million in $10 million increments over four weeks. These investments will be made through a trading account on TreasuryDirect in US […]
The post Binance.US secures court approval to invest $40 million in US Treasury bills appeared first on CryptoSlate.
The Hong Kong Monetary Authority revealed the results of the Peoples Bank of China RMB Bills tender held on June 19, 2024. (Read More)
Senator Tim Scott expects a crypto market structure bill to become law by August 2025. As chairman of the Senate Banking Committee, Scott highlighted the progress made in advancing crypto regulation. In March 2025, the committee moved forward the GENIUS Act, a stablecoin bill, showing its commitment to digital asset
Tether has released its latest reserves attestation for USDT, with its excess reserves increasing to $3.3 billion.
The U.S. House Committee on Financial Services has passed the Keep Your Coins Act of 2023 to protect the self-custody of crypto. “Those attacking self-custody oppose individual freedom. They want someone they control to control your assets,” said Congressman Warren Davidson who introduced the bill. Keep Your Coins Act of 2023 Advances The U.S. House [...]
The post US House Committee Passes ‘Keep Your Coins Act’ to Protect Right to Self-Custody Crypto appeared first on Crypto Breaking News.
In August, the Congress introduced bills that could potentially impact the stablecoin market structure, causing a stir among members of the Blockchain Association. The proposed legislation aims to regulate stablecoins and digital assets, highlighting the growing concern over the need for regulatory clarity in the cryptocurrency space. The bills unveiled by Congress have sparked discussions [...]
The post Blockchain Association Predicts Congress to Pass Stablecoin and Market Structure Bills by August appeared first on Crypto Breaking News.
In an exciting development for the cryptocurrency world, Congressman Ro Khanna has indicated that bills regarding the stablecoin market structure are expected to be completed this year. This news comes as a positive step towards establishing clearer regulations and guidelines for stablecoins. Stablecoins have gained popularity in recent years due to their ability to maintain [...]
The post Rep. Khanna Urges Swift Passage of Stablecoin Market Structure Bills in 2021 appeared first on Crypto Breaking News.
The legislation now waits on King Charles’ table for royal assent, the final step required for a parliamentary bill to become law.
Brad Sherman makes it painfully obvious, his anti-crypto stance does not come from doing research, becoming educated on the topic, and coming to an honest conclusion. The traditional finance companies that tell him what to say probably should have had him rehearse.
Worth Another Look: In a report we published back in 2019, we exposed everything from his top campaign donor charged with processing illegal transactions and using shell companies to avoid anti-money laundering laws, to why women feel "uncomfortable" in his office. The full article is here. Subscribe to GCP in a reader
United States Government bonds, or Treasurys, have a tremendous influence across all tradeable markets, including Bitcoin (BTC) and Ether (ETH). In that sense, risk calculation in finance is relative, so every loan, mortgage and even cryptocurrency derivatives depend on the cost of capital attributed to U.S. dollars. Assuming the worst-case scenario of the U.S. government [...]
The post US Treasury yields are rising — What does it mean for Bitcoin price? appeared first on Crypto Breaking News.
The Montana Senate approved a law to protect cryptocurrency miners from discrimination. (Read More)
A 15-member committee is tasked with working on a legal framework that will allow cryptocurrencies to operate in Central African Republic and expedite the development of the national economy.
This is our favorite new tool in a while, one I actually plan on using for the foreseeable future because it's making life easier. The end result will be the same, but now I can get there with less steps and a lot faster.
It's called Spritz and they've built what they call "the bridge between DeFi and traditional finance (TriFi)".
The platform just opened up for Beta testing for people in the United States!
But most impressive was their 'use any coin' policy...
You can then pay your bills with any tradable coin from 5 blockchains of your choice - Ethereum, Polygon, Avalanche, Arbitrum, Optimism, and BNB Chain! They plan to add even more blockchain networks soon.
Obviously, it can't be a coin with a $2 daily volume, but if they can trade it, you can probably pay your bills with it.
That's it, you just hit send and the rest is handled by them! Real world financial utility from your crypto, without selling coins at the end of the month for Fiat currency, then hoping the bank transfer shows up before they're late.
Use Spritz as the gateway between your bank and DeFi!
Now you can skip transfering coins to a major exchange when you do need funds in your bank account. Spritz can function as an off-ramp, sending fiat currency to your bank account following a single transaction from you.
Who is Behind Spritz, and Can We Trust Them?
First, it's important to note they state they will never ask for your private keys - this also means there isn't a security risk from you simply using the platform for transfers, they will only be allowed to access coins you specifically approved for them to use.
The site was developed by the team behind QuickSwap, for those unfamiliar, it's a decentralized exchange that launched a couple years ago. They became popular fairly fast, and currently even in this bear market process over $10 million in daily trades.
So if this sounds useful to you, make sure to use this invite link to claim a $50 Credit once you make payment of $50 or more towards any of your bills!
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Author: Justin Derbek
New York News Desk
This is our favorite new tool in a while, one I actually plan on using for the foreseeable future because it's making life easier. The end result will be the same, but now I can get there with less steps and a lot faster.
It's called Spritz and they've built what they call "the bridge between DeFi and traditional finance (TriFi)".
The platform just opened up for Beta testing, currently this is only for people in the United States.
But most impressive was their 'use any coin' policy...
You can then pay your bills with any tradable coin from 5 blockchains of your choice - Ethereum, Polygon, Avalanche, Arbitrum, Optimism, and BNB Chain! They plan to add even more blockchain networks soon.
Obviously, it can't be a coin with a $2 daily volume, but if they can trade it, you can probably pay your bills with it.
That's it, you just hit send and the rest is handled by them! Real world financial utility from your crypto, without selling coins at the end of the month for Fiat currency, then hoping the bank transfer shows up before they're late.
Use Spritz as the gateway between your bank and DeFi!
Now you can skip transfering coins to a major exchange when you do need funds in your bank account. Spritz can function as an off-ramp, sending fiat currency to your bank account following a single transaction from you.
Who is Behind Spritz, and Can We Trust Them?
First, it's important to note they state they will never ask for your private keys - this also means there isn't a security risk from you simply using the platform for transfers, they will only be allowed to access coins you specifically approved for them to use.
The site was developed by the team behind QuickSwap, for those unfamiliar, it's a decentralized exchange that launched a couple years ago. They became popular fairly fast, and currently even in this bear market process over $10 million in daily trades.
So if this sounds useful to you, make sure to use this invite link to claim a $50 Credit once you make payment of $50 or more towards any of your bills!
-------
Author: Justin Derbek
New York News Desk
The crypto trading firm sees NFTs becoming more intertwined with brand IP, while Web3 apps with "real world utility" gain traction.
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