US House Pushes To Combine Anti-CBDC And Crypto Market Structure Bills
House Republicans are pushing to ban the Federal Reserve from creating a central bank digital currency (CBDC) by combining the anti-CBDC bill with the bipartisan crypto market structure bill. Related Reading: UK Crypto Groups Criticize Bank Of England’s Proposal To Cap Stablecoin Ownership – Report GOP Lawmakers Push For CBDC-CLARITY Merger GOP members in the […]
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Out of the 20 US states that proposed Bitcoin reserve bills, two just got closer to their approval. Utah leads the race–its House Bill 230 passed the House voting stage with just one out of nine votes against. Now, it’s up to the Senate Revenue and Taxation Committee to decide whether Utah will become the […]
Recent reports revealed that Democratic Party leaders have opted not to whip the coming vote on two pro-crypto bills. This seemingly positive development comes alongside the recent 180-degree turn the Biden administration appears to be taking on cryptocurrencies. Related Reading: Ethereum Spot ETFs On The Horizon? US SEC Set To Announce Decision This Week House […]
The U.S. Senate is pushing forward with a new crypto market structure bill, but growing tensions are emerging over how the legislation is being shaped. Related Reading: Kyrgyzstan Pushes National Bitcoin Reserve With State Mining Plan Senator Elizabeth Warren (D-MA) has raised sharp concerns about the lack of transparency in the crypto bill process, accusing […]
Lawmakers in North Carolina appear to now be advancing legislation that could allow the state to allocate a portion of its public retirement funds into digital assets, including cryptocurrencies like Bitcoin. Two identical bills, House Bill 506 and Senate Bill 709, introduced on March 24 and March 25 respectively, propose the creation of a new […]
The United States is embarking on a campaign toward the introduction of a CBDC, or central bank digital currency. As part of the White House’s first-ever comprehensive framework, the Treasury Department is now suggesting the creation of a national stablecoin or CBDC. To counter China’s advancements on the CBDC, five panelists at a hearing for the […]