Coin Center Donations Top $100K Worth of Dai Following Anti-Stablecoin Bill P...
Donations in dai, USDC, and ether were sent to Coin Center via Gitcoin.
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Pro-crypto organization Coin Center is pushing against a new legislative bill targeted at regulating stablecoin use and operations. In a public statement released on Friday, the US-based advocacy group heavily criticized the Lummis-Gillibrand Payment Stablecoin Act, describing it as “unconstitutional” and anti-innovation. Related Reading: ‘Ethereum Wins Big’ With New US Stablecoin Draft Bill: Expert Latest […]
Dorsey's gift is the latest in a stream of donations to Coin Center.
Nonprofit Bitcoin Advocacy Group Coin Center recently published its views on the just-released Bitcoin regulatory framework, the BitLicense, saying that it will obstruct digital currency innovations in New York. The US-based organization was one of the most frequent and active voices to push for a tech-friendly BitLicense, but today stands disappointed with some of its problematic provisions. The first and the foremost issue discussed in Coin Center's blogpost is related to the anti-money laundering requirements which ends up being rather confusing than simplified. "The new language is....
Coin Center filed a lawsuit against the Treasury Department in federal district court — challenging the enforcement of Section 6050I’s reporting mandate. Coin Center, a Washingon, DC-based non-profit blockchain advocacy group, filed a lawsuit against the United States Department of the Treasury for allegedly provisioning an unconstitutional amendment in the controversial infrastructure bill.Coin Center lawsuit information about plaintiffs and defendants. Source: Case: 5:22-cv-00149-KKCIn an official announcement, Coin Center revealed the filing of a suit against the Treasury Department in....
The crypto exchange cited Coin Center’s work in challenging the proposed FinCEN self-hosted wallet rule as well as the STABLE Act from the U.S. government. Kraken has pledged $100,000 to Coin Center, a cryptocurrency advocacy group based in Washington D.C.In a blog from the crypto exchange today, Kraken said it had donated the funds to promote Coin Center’s work in educating regulators about digital assets an advancing the rights of crypto users. The exchange said that the advocacy group "has been a vanguard for challenging policies such as the proposed STABLE act as well as recent rushed....