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CATEGORY: crypto bill


Stablecoin Showdown: Crypto Bill Faces Collapse as Senate Democrats Withdraw Support

Author: Paul Adedoyin
Estonia
May 05, 2025 02:35

Stablecoin Showdown: Crypto Bill Faces Collapse as Senate Democrats Withdraw Support

U.S. stablecoin regulation nears collapse as Senate Democrats withdraw support, demanding tougher AML rules and financial safeguards.

Bitcoin Reserve Proposal Rejected by Arizona Governor

Author: Paul Adedoyin
Estonia
May 04, 2025 02:30

Bitcoin Reserve Proposal Rejected by Arizona Governor

North Carolina moves forward with digital asset investments as Trump pushes federal Bitcoin reserves.

Arizona Governor Shuts Down Crypto Bills, But One Quietly Gets Through

Author: Mutuma Maxwell
Estonia
May 14, 2025 02:30

Arizona Governor Shuts Down Crypto Bills, But One Quietly Gets Through

Arizona Governor Katie Hobbs vetoed two cryptocurrency-related bills this week, citing high risk and instability in the sector. The rejected bills aimed to integrate crypto assets more deeply into Arizonas public finance system. However, the Governor emphasized the need to protect Arizonas general fund from unpredictable crypto markets. Arizona Governor Blocks Crypto Reserve Fund Arizona […]

Apr 14, 2025 04:10

Senator Tim Scott Targets August 2025 for Crypto Market Structure Bill Passage

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

Jul 30, 2023 05:50

US House Committee Passes ‘Keep Your Coins Act’ to Protect Right to Self-Custody Crypto

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.

Jul 01, 2023 10:50

South Korea Pass Historic Bill To Establish Crypto Guardrails

Wary of another Terra Luna catastrophe, South Korean legislators passed the historic Virtual Asset User Protection Act on June 30 to prevent unfair trade practices and protect crypto investors. The new bill amends the “Act on Capital Market and Financial Investment Business,” which mandates a penalty of up to twice the profits made through unfair […]

Jul 29, 2023 05:50

US Lawmakers Advance ‘FIT for the 21st Century Act’ to Establish Crypto Framework

U.S. lawmakers have advanced the Financial Innovation and Technology (FIT) for the 21st Century Act that establishes a regulatory framework for the crypto market. “Our bill establishes clear principles to ensure financial security and certainty as digital asset developers continue to innovate,” a lawmaker explained. FIT for the 21st Century Act Advances U.S. lawmakers have [...]

The post US Lawmakers Advance ‘FIT for the 21st Century Act’ to Establish Crypto Framework appeared first on Crypto Breaking News.

Jun 29, 2023 08:50

United Kingdom Officially Embraces Cryptocurrency as a Regulated Financial Activity

The United Kingdom has passed a landmark bill recognizing cryptocurrencies as regulated financial activities within the country. This significant decision

'Historic week' as stablecoin, self-custody bills advance to House floor

Author: Cointelegraph By Jesse Coghlan
United States
Jul 28, 2023 08:25

'Historic week' as stablecoin, self-custody bills advance to House floor

The bills aim to create a regulatory framework for payment stablecoins and enshrine rights for crypto users to self-custody digital assets.

Jul 28, 2023 07:55

US House’s Stablecoin Regulation Bill Passes Despite Bipartisan Tension

House Committee passes stablecoin framework amid party-line divide, uncertain fate awaits.

Continue reading at DailyCoin.

Jul 28, 2023 07:55

US Senate Passes Military NDAA Bill with Crypto Provision

The whole bill will undergo reconciliation by both the House and Senate chambers.

Continue reading at DailyCoin.

Who is "SARATOSHA NAGAMOTO"?! Nobody Knows, But We Do Know the Shady Truth of Crypto-Hating Congressman Brad Sherman...

Author: noreply@blogger.com (Silicon Valley Newsroom)
United States
Jul 27, 2023 12:35

Who is "SARATOSHA NAGAMOTO"?! Nobody Knows, But We Do Know the Shady Truth of Crypto-Hating Congressman Brad Sherman...


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 hereSubscribe to GCP in a reader

Jul 28, 2023 03:10

Why U.S. Crypto Bill Approval Is Being Heralded as a Victory

The bill results from a rare joint effort between the Financial Services and Agriculture committees.

Continue reading at DailyCoin.

Jul 27, 2023 07:10

Crypto Industry Rejoices As Historic Bill Advances In US Congress

The US House Financial Services Committee achieved massive success for the cryptocurrency sector by advancing a bipartisan measure to create a thorough regulatory framework for Bitcoin and other cryptocurrencies. With the standard now approved, Capitol Hill has attempted to provide government supervision to the digital asset market, giving investors and the sector the much-needed regulation […]

Jul 28, 2023 12:05

U.S. House Approves Major Crypto Bill, Pushes For A Regulatory Framework

A noteworthy development has occurred in regulating the United States’ crypto space as a House Committee has approved a bill to bring clarity into the industry.  On July 26, the U.S House Financial Services Committee approved the Financial Innovation and Technology Act for the 21st Century Act, popularly known as FIT21. #PASSED: In a historic first, the House Financial Services Committee just advanced the BIPARTISAN FIT for the 21st Century Act to protect consumers and provide clear rules of the road for the digital asset ecosystem. Up next: @HouseAgGOP considers the legislation tomorrow. pic.twitter.com/kOyLmolPuz — Financial Services GOP (@FinancialCmte) July 26, 2023 After a long deliberation, the House Committee greenlighted the FIT21 bill with a 35-15 voting result.  It is worth stating that the FIT21 has been garnering attention, with Coinbase CEO Brian Armstrong taking to Twitter to urge crypto users in the United States to actively push for this bill’s approval. Although Armstrong believed the bill would likely be modified as it passes the complete legislative process, its approval by the House Committee was vital to safeguard the crypto space, “American innovation and national security.” Related Reading: New Crypto Bill Demands SEC And CFTC To Draft Rules For Trading Platforms The FIT21 Act – A  Landmark Legislation For U.S. Crypto Space?  The Financial Innovation and Technology for the 21st Act was recently introduced to the House on July 20.  In the Act’s introductory statements, Representative French Hill, who serves as Chairman of the House Subcommittee on Digital Assets, Financial Technology, and Inclusion, referred to the bill as a “landmark legislation” critical to creating an efficient regulatory framework to safeguard crypto users’ interests. The U.S. House Representative further stated that this bill would have prevented the FTX crisis and provided much-needed clarity in crypto. Hill said: This legislation would not only have prevented FTX from stealing billions of customer funds, but also establishes robust consumer protections and clear rules of the road for market participants.  In addition, the FIT21 Act will enhance cooperation between the two financial regulators trying to assume control of the U.S. crypto market. U.S. Representative Dusty Johnson, another sponsor of the bill, emphasized this motion saying: The crypto industry wants clarity and our collaborative bill gives both the CFTC and SEC a seat at the table. Our bill establishes clear principles to ensure financial security and certainty as digital asset developers continue to innovate. Related Reading: SEC Potential Appeal To Yield Little Effect On XRP, Crypto Lawyer Says Total Crypto Market Cap Valued At $1.143 Trillion On Daily Chart | Source: TOTAL Chart On Tradingview.com  U.S. Congress Finally Stepping Up Crypto Regulations The call for a regulatory framework in the U.S. crypto space has been on for quite some time, especially with multiple clampdowns by the SEC on various crypto exchanges and businesses in 2023.  U.S. Patrick McHenry highlighted this situation, stating the United States is “falling behind” other nations regarding digital asset regulation.  However, the introduction of the FTI21 Act, along with other bills such as the Blockchain Regulatory Act, the Digital Asset Market Structure Proposal, and the “Lummis-Gillibrand” Bill, suggests that the United States government may be ramping up its regulatory efforts in the crypto landscape. Featured Image From Britannica, Chart From Tradingview

US crypto's future could fall on these 4 digital asset bills

Author: Cointelegraph By Jesse Coghlan
United States
Jul 25, 2023 08:25

US crypto's future could fall on these 4 digital asset bills

The crypto bills could hand power to the purportedly more crypto-friendly CFTC and better define the SEC’s jurisdiction.

Feb 06, 2023 06:30

Arizona Senator Wendy Rogers Pushes Bill To Make Bitcoin Legal Tender

  If passed into law it will give Bitcoin the same status as the U.S. dollar in the State of Arizona What – State Senator [...]

Claim $50 Payment Towards ANY of Your Bills, Thanks to New Crypto Start-Up - Spritz Review and How-To...

Author: noreply@blogger.com (Silicon Valley Newsroom)
United States
Jan 12, 2023 04:15

Claim $50 Payment Towards ANY of Your Bills, Thanks to New Crypto Start-Up - Spritz Review and How-To...

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)".

In simpler terms - everyone has bills to pay every month, now there's a way to pay the bills with crypto that actually seems easier, faster, and generally better than the old way.

Plenty of projects claim they are the 'solution' to some problem - but we consider Spritz an actual solution, for the simple fact that they're capable paying literally every type of bill the average person could have - credit card bills, cell phone, cable tv, utility, mortgage payments, car payments, student loans... you get the idea!

Sometimes it feels like doing things the 'new way' really means still having to do some things the old way - but Spritz actually seems ready to handle your bills, all of them, period.
Right Now They'll pay $50 Towards Any Bill You Want!

The platform just opened up for Beta testing, currently this is only for people in the United States. 

So if you live in the US and want to be one of the first to use the site: Sign up via this invite link, pay at least $50 towards your bills, and they will then credit you with $50 more that you can use towards any bill you want!

It Was Actually a FASTER Way To Pay Bills Online..

Instead of jumping around to multiple websites, having to log in each time, you link your accounts here once, and you now have just 1 platform able to handle all of your monthly bills. 

The Actual Payment Process...

Was as simple as making a trade on any DEX (Decentralized exchange like Uniswap or PancakeSwap). 

Use any of the top wallets like Metamask, Coinbase Wallet, Trust Wallet, Ledger and more. 

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.

"Any bill. Any token. Any wallet. It's that simple." 

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. 

Add accounts, then pay any future bills in a simple crypto transaction.

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
Breaking Crypto News

Subscribe to GCP in a reader

Spritz: Pay Bills with Crypto Review - Right Now Claim FREE $50 Towards ANY BILL You Want, as Platform Opens for US Beta Testing...

Author: noreply@blogger.com (Silicon Valley Newsroom)
United States
Jan 11, 2023 04:15

Spritz: Pay Bills with Crypto Review - Right Now Claim FREE $50 Towards ANY BILL You Want, as Platform Opens for US Beta Testing...

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)".

In simpler terms - everyone has bills to pay every month, now there's a way to pay the bills with crypto that actually seems easier, faster, and generally better than the old way.

Plenty of projects claim they are the 'solution' to some problem - but we consider Spritz an actual solution, for the simple fact that they're capable paying literally every type of bill the average person could have - credit card bills, cell phone, cable tv, utility, mortgage payments, car payments, student loans... you get the idea!

Sometimes it feels like doing things the 'new way' actually means still having to do some things the old way - but Spritz actually seems ready to handle your bills, all of them, period.
Right Now They'll pay $50 Towards Any Bill You Want!

The platform just opened up for Beta testing for people in the United States!   

So if you live in the US and want to be one of the first to use the site: Sign up via this invite link, pay at least $50 towards your bills, and they will then credit you with $50 more that you can use towards any bill you want!

It Was Actually a FASTER Way To Pay Bills Online..

Instead of jumping around to multiple websites, having to log in each time, you link your accounts here once, and you now have just 1 platform able to handle all of your monthly bills. 

The Actual Payment Process...

Was as simple as making a trade on any DEX (Decentralized exchange like Uniswap or PancakeSwap). 
It works with all the top wallets like Metamask, Coinbase Wallet, Trust Wallet, Ledger and more. 

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.

"Any bill. Any token. Any wallet. It's that simple." 

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
Breaking Crypto News

Subscribe to GCP in a reader

Ripple co-founder Jed McCaleb adds space station-building to resume

Author: Cointelegraph By Stephen Katte
United States
Sep 13, 2022 08:20

Ripple co-founder Jed McCaleb adds space station-building to resume

Stellar's CTO and co-founder is now building a team of industry experts and engineers to pioneer a new frontier of space exploration.

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