The Art of Making CryptoCurrency
The Texas House passed Senate Bill 21 (SB 21) on Wednesday to create a state-managed bitcoin reserve, advancing it to Governor Greg Abbott’s desk for final approval or veto within 20 days. Cryptocurrency in State Hands: Texas Legislature Passes Bitcoin Reserve Bill The bill, titled the Texas Strategic Bitcoin Reserve and Investment Act, aims to […] Source link
Read More
A New York lawmaker has introduced legislation that would allow state agencies to accept cryptocurrency payments, signaling growing political momentum for digital asset integration in public services. Assembly Bill A7788, introduced by Assemblyman Clyde Vanel, seeks to amend state financial law to allow New York state agencies to accept cryptocurrencies as a form of payment. It would permit state agencies to accept payments in Bitcoin (BTC), Ether (ETH), Litecoin (LTC) and Bitcoin Cash (BCH), according to the bill’s text. Source: Nysenate.gov According to the bill, state offices could authorize crypto…
Read More
Yesterday, Rep. Jordan Pace reintroduced Bill H. 4256, The “Strategic Digital Assets Reserve Act Of South Carolina”, into South Carolina’s House of Representatives. Highlights from the bill include the fact that it enables the State Treasurer to invest up to 10% of the funds under the state’s management into digital assets, including bitcoin, and that the state’s Strategic Digital Assets Reserve can include up to one million bitcoin. The bill also states that the reason for establishing such a reserve is because “inflation has eroded the purchasing power of assets…
Read More
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: South African Ponzi scheme mastermind dies of a heart attack in Brazil, the Argentine House advances crypto tax regularization bill, and Buenos Aires targets Worldcoin with a new bill. South African Ponzi Scheme […] Source link
Read More
Top Stories This Week Chair Gensler says SEC reaction to Ripple decision is mixed, still under consideration U.S. Securities and Exchange Commission Chair Gary Gensler has commented publicly about the recent ruling on the agency’s suit against Ripple, saying the SEC is “still looking at it and assessing that opinion.” Gensler declined to comment further on the case, but said the commission is pleased with the court’s decision stating that XRP was a security when sold to institutional investors, but disappointed with the non-security ruling for retail investors and other…
Read More
A group of United States senators have introduced a bill requiring reports on the adoption of bitcoin as legal tender in El Salvador. The “Accountability for Cryptocurrency in El Salvador Act,” introduced by Senator James Risch, Senator Bob Menendez, and Senator Bill Cassidy, requires the Secretary of State, in coordination with other relevant Federal departments and agencies, to submit a report on the adoption of bitcoin as legal tender in El Salvador. The report must include an assessment of the regulatory framework in El Salvador and the potential impact of…
Read More
Montana has ratified legislation that protects the right to mine bitcoin, a win for sound money in the midwestern state. The Montana legislature has passed a bill that protects the right to mine bitcoin, among other provisions. The bill is designed to give Bitcoin miners the right to mine “without being subjected to undue discrimination or requirements.” Bitcoin mining has faced difficulty with regulations at the state and local level before, so this bill provides legal certainty for the industry. Montana is among the first states to provide legal protection…
Read More
English
Arabic
Chinese (Simplified)
Dutch
French
German
Italian
Portuguese
Russian
Spanish