Tennessee lawmaker introduces bill which would allow state to invest in crypto
The two bills introduced on Feb. 2 propose allowing the state of Tennessee as well as its counties and municipalities to invest in crypto, as well as forming a committee aimed at studying crypto and blockchain. Jason Powell, a member of the Tennessee House of Representatives, has introduced a bill proposing counties, municipalities, and the state to invest in cryptocurrencies and nonfungible tokens, or NFTs. According to Tennessee House Bill 2644 introduced on Feb. 2, Powell proposed amending the current state code to add crypto, blockchain, and NFTs to the list of authorized investments....
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Politicians seeking to represent California at the state or federal level have made proposals seemingly favorable to crypto adoption. California State Senator Sydney Kamlager, representing the 30th Senate District, which includes parts of downtown Los Angeles, has introduced a bill that would amend the state’s code to allow for the acceptance of cryptocurrencies for certain payments.According to Senate Bill 1275 introduced in the California Legislature on Feb. 18, Kamlager proposed authorizing a state agency “to accept cryptocurrency as a method of payment for the provision of government....
A bill to allow political donations denominated in bitcoin has passed in the Tennessee legislature. Tennessee House Bill 701 was approved with a 61-28 vote on 20th April in the House of Representatives, according to a report by the Chattanooga Times Free Press. The Senate version of the bill, SB 674, was passed in late March. The law, when proposed in February, was intended to enshrine in state law a decision made last year by the US Federal Election Commission (FEC) allowing bitcoin donations. That law set an annual cap of $100 and reporting requirements for those who make such donations.....
The man behind a new bill before the Tennessee Senate is seeking to ensure that the Federal Election Commission's (FEC) approval of bitcoin campaign donations will be honored in the southern US state. Introduced on 18th February by state Senator Steven Dickerson, a Republican from Nashville, the aim of Senate Bill 647 is to amend Tennessee Code to accommodate digital currency as an approved payment method. The bill would effectively add "digital currency" so that it is considered a valid monetary contribution to campaigns. Addressing why the bill is necessary, Dickerson painted the measure....
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....
Just when the things were looking right for Bitcoin in the State of California, a new draconian bill jumped in to step on the silver platter. Proposed by Californian Assembly Member Matt Dababneh, the Bill AB 1326 proposes an enduring law that could ban unlicensed Bitcoin businesses in the state. The real trouble however lies in the fact that the bill never categorizes the kind of businesses that come under the newly proposed law. So in case one wants to, say, build a new Bitcoin-based feature, he/she would be required to obtain a license from the Commissioner of Business Oversight after....