News
Democratic senators have been criticized for pitching a counter-proposal to the market structure bill that could effectively “kill DeFi.”
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Bills News
A bill is a request to pay money owed. As cryptocurrency has become widely spread, a lot of platforms allowing people to pay bills in Bitcoin or any other altcoins have appeared. Paying bills using Bitcoin is an innovative process with many advantages, such as fast and convenient transaction processing and the luxury of now needing to leave home. Besides that, related to bills requesting financial structures are considering the implement of blockchain technology in order to have distributed and transparent system with which the loss or damage of any information about a payment will become impossible and, with a special digital key, the access to a user's bill history will be available at any place and time.
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Traditional banks will be battling with stablecoin issuers for retail depositors when the stablecoin-focused GENIUS Act takes full effect in a win for everyday people.
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Coinbase CEO Brian Armstrong said he has never been more bullish about the Digital Asset Market Clarity Act being passed after his time in Washington, DC this week.
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Strategy’s Michael Saylor and BitMine’s Tom Lee are among 18 industry leaders who will look at ways to pass the BITCOIN Act and enable budget-neutral ways to buy Bitcoin.
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Binance and Tether are eyeing Korea’s stablecoin rules that may boost coins pegged to the South Korean won or strengthen USD dominance.
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Tokenization could solve Latin America’s capital market inefficiencies, boosting liquidity and unlocking new investment opportunities, according to Bitfinex Securities.
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DeFi Education Fund called on the Senate Banking Committee to frame a key crypto market bill in a more tech-neutral way and strengthen crypto developer protections in a recent letter.
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Crypto industry hails GENIUS Act as a win, while Senator Elizabeth Warren criticizes it for consumer protection gaps.
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US Republican leaders say the House will look to pass bills on stablecoins, crypto market structure and CBDCs in mid-July in what they’ve dubbed “Crypto Week.”
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The Arizona Senate has voted to revive House Bill 2324, a Bitcoin reserve bill that initially failed in the House.
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US President Donald Trump wants House members to pass the key stablecoin bill “LIGHTNING FAST” so that he can sign it into law.
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The California State Assembly passed a bill that would allow state agencies to accept crypto for payment in a unanimous 68-0 vote, which will now head to the Senate.
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The Genius Act could boost the US dollar's dominance in Web3 by enforcing 1:1 stablecoin backing and compliance, according to a Foresight Ventures report.
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US Representative Bryan Steil wants lawmakers to hold off adding non-relevant items into crypto bills, arguing that political scandals should stay out of legislative text.
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A Bitcoin reserve bill passed by the Texas Senate has made progress in the House, advancing out of committee to head to the floor.
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