Bills Financial News

20.10 / 07:17

Law CFTC bills 'Secretly circulating' draft crypto bill could be a ‘boon’ to DeFi

A new draft of the Digital Commodities Consumer Protection Act (DCCPA) bill has started to circulate online, with some commentary suggesting it could be positive for decentralized finance (DeFi) and crypto.

01.10 / 09:11

Adoption SEC bills US senator bill seeks to cushion crypto exchanges from SEC enforcement actions

United States Senator Bill Hagerty, a member of the Senate Banking Committee, introduced legislation seeking a safe harbor for cryptocurrency exchanges from “certain” Securities and Exchange Commission (SEC) enforcement actions.

23.09 / 06:13

Stablecoin Adoption bills legislation Stablecoin Bill Rep. Warren Davidson: Stablecoin bill has 'outside chance' of finalizing this year

There is a small chance the U.S. House of Representatives could pass the bill to regulate stablecoins by year-end, though it's more likely it will pass in the first quarter of 2023, says U.S. Congressman Warren Davidson.

21.09 / 05:41

Law Stablecoin bills Stablecoin Bill Draft US stablecoin bill would ban new algo stablecoins for 2 years

Draft legislation in the United States House of Representatives would place a two-year ban on new algorithmic stablecoins such as TerraClassicUSD (USTC) which de-pegged from the US dollar earlier this year causing widespread crypto market contagion.

19.09 / 09:53

Blockchain Stablecoin bills Australian Australian senator drafts bill aimed at stablecoin, digital yuan regulation

Australian Liberal Senator Andrew Bragg has released a new draft bill aimed at clamping down on digital asset exchanges, stablecoins, and China’s central bank digital currency, the e-Yuan.

28.06 / 09:41

business Mining Electricity bills Power Compass Mining loses facility after allegedly failing to pay power bill

Bitcoin (BTC) mining hardware and hosting company Compass Mining has lost one of its Maine-based hosting facilities after the owner, Dynamics Mining, terminated the hosting agreement between the two, claiming Compass failed to pay the required bills.

17.06 / 09:25

Law AML bills guidelines President of Panama shoots down crypto bill citing FATF guidelines

Panama’s President Laurentino Cortizo has partially vetoed Bill No. 697 dubbed the “crypto bill” saying it requires more work to better fit Panama’s financial regulations.

16.05 / 11:33

Stablecoin regulation bills UK treasury UK Treasury en route to legalizing stablecoins amid Terra's UST crash

United Kingdom’s Department of Treasury, or Her Majesty's Treasury, has reportedly decided to go ahead with regulating stablecoins as legal tender. While welcomed by the crypto community, the decision comes as a shocker due to its proximity to the recent fall of one of the most popular algorithmic stablecoin, TerraUSD (UST).

03.05 / 23:47

regulation Congress bills legislation Sen. Lummis teases upcoming crypto bill, says NFTs won’t be included in it

United States Senator Cynthia Lummis appeared on a livestream hosted by Axios on Tuesday to tease the highly awaited bill on cryptocurrency she is authoring. The Wyoming Republican said the bill will be introduced as “one big piece so people can see the big picture” and be broken down into five or six components for consideration by the appropriate congressional committees.

29.04 / 21:19

NFT defi bills bonds Interconnected DeFi hub successfully launches first token fundraising NFT

Decentralized finance (DeFi) is changing how people interact with money in a way that makes the financial realm more accessible and secure. Under the traditional model, users can find themselves subject to rules implemented on short notice, which at times have erased millions or billions of dollars from their fortunes.

28.01 / 23:41

Law Congress bills Disaster U.S. Congressman wants to scrub bill provision that crypto advocates say is a potential disaster

North Carolina Representative Ted Budd submitted an amendment to the omnibus America COMPETES Act of 2022, specifically targeting the provision that would allow the Treasury Department to impose “special measures,” including surveillance and outright prohibitions, against “certain transmittals of funds.”

10.01 / 16:41

Law Adoption bills Bitcoin lawmaker Spanish lawmaker sees opportunity amid Kazakhstan’s Bitcoin mining collapse

Deputy for the Spanish Ciudadanos political party María Muñoz has proposed a bill to make Spain a Bitcoin mining hotspot following the internet shutdown that caused a mining outage in Kazakhstan.

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