Texas Lawmaker: No Government Shall Prohibit Bitcoin
The lone star state of Texas has always been well-known for its stance on constitutional rights. On March 2, State Representative Matt Schaefer submitted a proposal to revise the state’s constitution to say that virtual currencies like bitcoin are mediums of exchange that “no government shall prohibit”. Texas Lawmaker Says ‘No Government Shall Encumber....
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A U.S. lawmaker has introduced a bill in Congress to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals. “It is important to note that the Fed does not, and should not, have the authority to offer retail bank accounts,” he stressed.
Bill Introduced to Prohibit the Fed From Issuing CBDC Directly to Consumers
U.S. Congressman Tom Emmer (MN-06) announced Wednesday that he has “introduced a bill prohibiting the Federal Reserve from issuing a central bank digital currency (CBDC) directly to....
A U.S. congressman has introduced the “Keep Your Coins Act” in order to “preserve Americans’ right to privacy in transacting with crypto assets.” The lawmaker says, “this legislation would prohibit any federal agency from promulgating a rule that would impair a person’s ability to act as self-custodian.”
US Lawmaker Seeks to Protect Privacy in Crypto Transactions With ‘Keep Your Coins Act’
The office of Congressman Warren Davidson (OH-R) announced Thursday that the lawmaker has introduced the Keep Your....
The Texas Blockchain Council has donated three S9 bitcoin miners to Fort Worth, Texas for a six-month trial allowing the city to experience mining from within.
Bitcoin supporter Greg Abbott is winning the race for Governor of Texas. Watch the promotional YouTube video for Greg Abbott, former Texas Attorney General, now running for Governor of Texas. He is running against Wendy Davis for the right to replace current GOP Rick Perry and, as you can see, he is a supporter of the digital currency Bitcoin. Many politicians have been early adopters of Bitcoin as a way to drum up political support, but Abbott is not just another Bitcoin candidate. Abbot recently voiced his opinion on Bitcoin and his campaign funding to Bitcoin Magazine: "I made the....
Today, the Texas Coinitiative posted a new update to their blog: The Texas Alcoholic Beverage Commission OK's Bitcoin-For-Alcohol sales. Elsewhere in the country, Ohio lawmakers have stymied Bitcoin adoption somewhat by banning Bitcoin-For-Alcohol sales in their state. Elsewhere in Texas, the Texas Department of Banking (DOB) released a guidance which clearly states that businesses accepting cryptocurrencies do not require state money transmitting licenses. Texas, as one of the larger states in America, has understandably been leading the charge in Bitcoin adoption. In March, the Texas....