This is simply the latest development that shows the lack of understanding amongst policy makers.The Senate procedural vote held late Wednesday night was a big step forward in the difficult process of brokering such a large infrastructure package in Congress. This is, however, the very first step for the package, and requires a few more hurdles before it reaches President Biden’s desk...
The road to worldwide adoption starts with one step. El Salvador took it with their Bitcoin Law. After their announcement, every country in the region seems to be testing the waters in its own way. And now it’s Mexico and Argentina’s turn. If we take out Portuguese-speaking Brazil, these two are the biggest markets in Spanish-speaking Latin America. And they’re both flirting with...
Earlier this week, Congresswoman Maxine Waters announced that Congress had formed a new working group that would focus on cryptocurrency and fintech policy. Called the Blockchain Caucus or Fintech Task Force, the House Democrat group will feature 12 members of the House Financial Services Committee. I applaud Chairwoman...
Representative Warren Davidson joined the "Bitcoin Magazine Podcast" to discuss bitcoin, Congress and the "Token Taxonomy Act."Watch This Episode On YouTubeListen To This Episode:...
While Congress is planning multiple hearings, it's less clear what financial regulators might do.
A bipartisan group of Congresspeople led by Rep. Tom Emmer has written to the U.S. Treasury Department to extend the deadline for obtaining public comments on the proposed legislation for KYC for self-hosted crypto wallets and blockchain nodes. A Rushed, Illegitimate Crypto Rule On...
Negotiators on Sunday were hammering out final details of a $900 million pandemic stimulus bill with Senate Majority Leader Mitch McConnell saying they were hours away from completing the deal, the Wall Street Journal reported.
U.S. lawmakers asked the SEC and FINRA to clarify how crypto firms can become registered broker-dealers and provide custody services for crypto assets.
U.S. Congress has proposed a new bill that could hamstring privately-issued stablecoins such as USDT, USDC, PAX, and many others. And due to the popularity of these stablecoins, the...
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