U.S. Congress submits 18 crypto bills in 2021, Visa buys $150K CryptoPunk, Mi...
Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link.Top Stories This WeekCongress has put forward 18 bills on digital assets in 2021 so farThe U.S. Congress has been ramping up its efforts to provide a regulatory framework for crypto in 2021 and has put forward 18 bills concerning digital assets and blockchain tech so far this year.According to an Aug. 22 analysis from former Federal....
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Payment giant VISA has made another bet on the Ethereum ecosystem. The company recently announced the purchase of an item from the popular non-fungible token (NFT) collection CryptoPunk. Item 7610, one of 3840 “Female” punks with a Mohawk, Clown Eyes Green, and “Hot” Lipstick, VISA purchased this Ethereum-based NFT on August 18th, 2021. The company […]
Senator Wendy Rogers is setting her sights to turn Arizona into the most crypto-friendly state in the United States, as she submits two more crypto bills on Tuesday. This isn’t the first crypto-related proposal to increase crypto’s utility incrementally in the Grand Canyon state. Last Friday, Rogers already submitted a bill aiming to make bitcoin […]
Jason Brett, the former FDIC regulator, argues that U.S. lawmakers now focus on regulating cryptocurrency assets. As a result, they have drifted away from individual stable coins this year. The U.S.Congress seems to push for higher regulatory clarity as regards cryptocurrency assets. Congress has proposed a total of 18 bills relating to cryptocurrency and blockchain […]
Former FDIC regulator, Jason Brett, argues that U.S. lawmakers have pivoted away from private stablecoins to focus on regulating decentralized digital assets this year. The United States Congress appears to be pushing for greater regulatory clarity regarding crypto assets, having proposed18 bills concerning blockchain and cryptocurrency during 2021 so far.According to analysis published by former Federal Deposit Insurance Corporation regulator, Jason Brett, on August 22, the current 117th Congress has broken from its predecessor in focusing on regulating decentralized assets rather than....
Visa has made a sizable investment in the NFT space, acquiring a popular digitally pixelated CryptoPunk. Credit card giant Visa has made a substantial splash on its emergence into the nonfungible token (NFT) space with a $150,000 acquisition of a CryptoPunk, the collective of digital artworks that pioneered the mainstream culture of the space back in 2017.In a blog post announcement released on Monday, Cuy Sheffield, head of crypto at Visa and self-proclaimed NFT enthusiast, shared his views on the value of purchasing NFT assets in the digital economy, the vast growth of the market in the....