Oklahoma Senator Introduces Bitcoin Freedom Act To Allow BTC Payments

A U.S. senator has introduced a bill to prohibit the Labor Department from issuing a regulation or guidance that limits the type of investments investors can choose in their retirement plans, including cryptocurrency. “Today, the Biden administration is targeting cryptocurrency. Which investment class is next?” the lawmaker stressed. Financial Freedom Act The issue of what investments Americans can put in their retirement accounts has become a hot topic in Washington. In March, the Department of Labor issued guidance warning employers and investment firms against....

Northern Data, a multinational company seeking to bring radical change through unprecedented innovation and ideas in high-performance computing (HPC), is rapidly advancing its expansion efforts. In a recent press release, the Germany-based corporation has announced an upcoming partnership with the State of Oklahoma in its latest endeavor. Northern Data and Oklahoma will leverage their collaboration […]

U.S. Senator Ted Cruz has introduced legislation to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals and competing with the private sector. The senator from Texas warned that not only would this CBDC model centralize financial information, leaving it vulnerable to attack, but it could also be used “as a direct surveillance tool into the private transactions of Americans.” Senator Cruz Introduces Bill to Prevent the Fed From Issuing Digital Dollar to Retail Consumers U.S. Senator Ted Cruz (R-TX)....

U.S. Senator Ted Cruz has introduced a resolution that would position Congress to lead in the area of cryptocurrency by having congressional cafeterias, vending machines, and gift shops accept crypto payments. “Congress is typically slow to adopt new technology,” he said. Senator Pushes for Crypto Adoption in Congress U.S. Senator Ted Cruz has introduced a resolution titled “Adopting Cryptocurrency in Congress as an Exchange of Payment for Transactions Resolution,” also referred to as “ACCEPT Resolution,” in the Senate Monday. ....

US Senator Tom Carper yesterday called on the Commodity Futures Trading Commission (CFTC) to clarify its position on digital currencies. Carper is a Delaware Democrat and he currently heads up the Homeland Security and Governmental Affairs Committee. It should be noted that Delaware is home to many credit card companies in the US, thanks to business-friendly regulations that have attracted numerous financial institutions to the state. According to Bloomberg, Carper's staff are already working on a report on digital currencies, scheduled for release sometime in the spring. Carper's email to....