Brazilian Congress Aims to Pass Unified Crypto Framework in Coming Months
The Brazilian Congress is trying to approve a cryptocurrency legal framework before the end of Q2. According to reports from local media, The proponents of the different law projects presented in the Senate and the Congress have stated they will seek the unification of the projects due to their similarity. This new unified project presents incentives for green mining and the inclusion of crypto-related fraud as a crime. Brazilian Congress Moves Gears to Approve Crypto Laws The Brazilian Congress has the disposition of approving a definitive law to regulate cryptocurrency before....
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U.S. Congressman Jim Himes says that Congress is not ready to pass cryptocurrency legislation anytime soon, citing a lack of deep understanding of cryptocurrencies among lawmakers. Congress Won’t Pass Crypto Legislation Anytime Soon In an interview with Yahoo Finance on Friday, U.S. Representative Jim Himes revealed some of the debates going on in Congress about […]
U.S. Congressman Jim Himes says that Congress is not ready to pass cryptocurrency legislation anytime soon, citing a lack of deep understanding of cryptocurrencies among lawmakers. “There’s going to be a lot of discussion in the coming years about ways to regulate” cryptocurrencies, said the congressman. Crypto Legislation Not Expected From Congress Anytime Soon U.S. Representative Jim Himes has revealed some discussions Congress is having regarding cryptocurrency legislation in an interview with Yahoo Finance Friday. The Connecticut representative serves as the chair of....
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....
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....
The U.S. Financial Stability Oversight Council (FSOC), a group of the country’s top financial regulators, has urged Congress to pass legislation for the regulation of crypto assets. Treasury Secretary Janet Yellen said: “Crypto-asset activities could pose risks to U.S. financial stability if their interconnections with the traditional financial system or their overall scale were to grow without adherence to or being paired with appropriate regulation, including enforcement of the existing regulatory structure.” U.S. Financial Stability Oversight Council’s....