US Congress Calls for Pro-Bitcoin National Policy Through
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....
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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....
Congress has been urged to pass a stand-alone stimulus bill to immediately provide Americans with second stimulus checks of $1,200 after talks of approving a larger stimulus package of $2.2 trillion have stalled. New Stimulus Bill for $1,200 Direct Payments to Americans U.S. President Donald Trump is calling on Congress to quickly pass individual coronavirus relief aid measures, including a stand-alone bill to provide $1,200 stimulus checks to Americans immediately. He tweeted on Tuesday: If I am sent a stand alone bill for stimulus checks ($1,200), they will go out to our great people....
A new resolution submitted to the US House of Representatives calls for the development of "a national policy for technology" that would include digital currencies and blockchain technology. It invokes the idea of bitcoin without calling it by name – referring to "alternative non-fiat currencies" – and blockchain tech, which it says has the potential to "fundamentally change" how trust and security are established in online transactions. The non-binding resolution is sponsored by Rep Adam Kinzinger, a Republican from Indiana; and Representative Tony Cardenas,....
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....
The United States House of Representatives has passed a nonbinding resolution calling for an adoption of “a national policy for technology to promote consumers' access to financial tools and online commerce to promote economic growth and consumer empowerment.” Why The Accelerated Interest? We have seen relatively little developments in the space of federal regulation on the Blockchain technology and digital currencies. A non-profit called Coin Center reached out to United States representatives communicating their concerns on the developing bill. The letters on issue are available on their....