Could Bitcoin Become a Policy Issue for US Congress?
Notwithstanding funding to combat notorious international terrorist group ISIL, recent US Congresses have been some of the least productive in the country's history, and the 113th Congress has been no different. The sheer number of policy-related issues tabled since January 2013 has put the current Congress on pace to become the least productive in the nation's history, rivaling the 112th Congress in how few laws it could ultimately pass. With so many issues dividing American legislators, it may be natural for bitcoin enthusiasts to wonder when the technology will become an issue in the....
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A group of eight crypto policy organizations has urged US Congress leaders to support a recently re-introduced bill to protect software developers by including it in market structure legislation. Related Reading: Trump Family To ‘Legally Challenge’ Magic Eden’s ‘Official’ Crypto Wallet – Report Crypto Policy Groups Seek Software Developers’ Protection On Thursday, eight crypto policy […]
Moreover, it is not unlikely H.R. 835 will be modified at a later stage. Drafting the right policy to allow for innovation in Bitcoin and blockchain is of the utmost importance. Creating the new rules and guidelines will be done by creating future legislations, or having agencies shape the ecosystem. The United States is not exactly known for its pro-Bitcoin stance these days. But that situation is coming to change, as a pro-bitcoin national policy resolution was introduced in Congress yesterday. This is positive news for Bitcoin and blockchain innovation in the US, assuming the resolution....
The Brazilian Congress failed to address a proposed cryptocurrency bill this week. While the proposed public policy was indeed on the agenda, the deputy chamber focused on discussing bills that tend to other issues, including health and digital education problems. The digital currency bill is scheduled to be discussed again in September.
Brazilian Congress Sidelines Crypto Bill Discussion
The Brazilian Congress, which had slated for this week the discussion and a possible vote of a proposed cryptocurrency bill, sidelined it to deal with other legislative issues. The deputy....
The Crypto for Congress initiative has launched. All members of Congress will be given bitcoin as campaign contributions to help them learn about cryptocurrency. The initiative is supported by Congressional Blockchain Caucus members, including pro-crypto Representatives Darren Soto and Tom Emmer. Each Congress Member Receiving Bitcoin Contribution The “Crypto for Congress” initiative has launched, the Chamber of Digital Commerce announced Monday. “Today, all members of the United States Congress will receive a campaign contribution in bitcoin” as part of this....
The US House of Representatives has passed a non-binding resolution calling for a national technology innovation policy that includes supportive language for digital currencies and blockchain technology. Introduced in July, the resolution calls on the US government to craft a national policy for technology, with specific mentions for digital currencies and blockchain. The bill was written by Indiana Representative Adam Kinzinger, with Representative Tony Cardenas from California sponsoring. The resolution passed by a voice vote following statements from backers late this afternoon. Though....