US Senate Tucks CBDC Ban Into Housing Bill, Sets 2030 Deadline
The US Senate has moved to block the Federal Reserve from ever putting a government-issued digital dollar (CBDC) into Americans’ hands — at least for now. The ban is part of a sweeping housing affordability package and comes with an expiration date attached. Related Reading: Bitcoin Just Got A $200 Million Vote Of Confidence From […]
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On Tuesday, the Senate achieved a significant milestone in cryptocurrency regulation by passing the GENIUS Act, a landmark bill that sets the first federal standards for stablecoins. The legislation, which secured a 68-30 vote, creates a regulated pathway for private companies to issue digital dollars under the federal government’s oversight. New Era For Stablecoin Regulation […]
The Paraguayan Senate has approved a bill that seeks to regulate cryptocurrencies and their operations in the country. The bill, which had already been submitted to the deputy chamber, was approved with some changes suggested, establishing clear definitions and tax exemptions for companies in the cryptocurrency and crypto mining sectors.
Paraguayan Cryptocurrency Bill Passes Senate Discussion
Countries in Latam are seeking to standardize and regulate cryptocurrency to bring more clarity to investors dedicated to the industry in the area. On July 14, the Paraguayan senate....
The US Senate is preparing for a possible vote on the crypto market structure bill, which would outline clear rules for how the country should deal with digital assets. Related Reading: Strategy Stock Crashes 60% — But Michael Saylor Refuses To Step Aside Lawmakers say the measure could finally settle the long-running dispute over whether […]
Amid the intense stimulus relief aid discussion, House Speaker Nancy Pelosi has set a deadline for the White House to come to an agreement on the next stimulus package which provides a second round of stimulus checks for Americans. Meanwhile, the Senate is set to vote on a smaller stimulus bill without direct payments this week. Deadline for Stimulus Negotiations Stimulus packages to help Americans cope with the coronavirus-driven economic crisis have been heavily discussed this week as U.S. lawmakers hope to approve new relief aid before the November presidential election. Six proposed....
Earlier this year, Donald Trump announced the formation of a U.S. Bitcoin strategic reserve, where the government would build its own stash of the token. Now, a new bill, called H.R. 1566, has been passed which sets a 90-day deadline for the Treasury Department to come up with a plan to create and manage this […]