Tag: legislation

U.S. Lawmakers Target September 30 Deadline for Crypto Legislation

U.S. Lawmakers Target September 30 Deadline for Crypto Legislation

U.S. legislators have been busily trying to get a final version of wide-ranging cryptocurrency legislation in place by September 30. Not only does this effort prevent harmful overregulation, but it will help cement America’s place as the world leader in digital asset innovation. The intention, then, is to replicate clear...

GENIUS Act Gains Momentum, Poised to Reshape Stablecoin Regulation

GENIUS Act Gains Momentum, Poised to Reshape Stablecoin Regulation

As you may know, the GENIUS Act was just passed by the Senate. This bipartisan initiative to reform the regulatory landscape around stablecoins is an important first step toward the comprehensive management of digital assets. This is a welcome move to impose tougher reserve requirements and increase consumer protections in...

Crypto Bill: Will Lummis' Push Balance Innovation & Consumer Protection?

Crypto Bill: Will Lummis' Push Balance Innovation & Consumer Protection?

Senator Lummis to get her crypto market structure bill across the finish line—their goal is to unleash innovation right here in the US. She’s right to see the potential. Let’s be real: We're talking about your money, and the Wild West nature of crypto right now is a recipe for...

Lummis Urges Crypto Bill Now: Will US Catch Up or Fall Further?

Lummis Urges Crypto Bill Now: Will US Catch Up or Fall Further?

The United States is at a precarious crossroads in the regulation of digital assets. Senator Cynthia Lummis has been one of the loudest congressional proponents for bringing greater regulatory clarity to the burgeoning asset class. She has repeatedly urged Congress to pass their bipartisan crypto market structure bill as soon...

Lummis Urges Congress to Act on Crypto Regulation Before Year's End

Lummis Urges Congress to Act on Crypto Regulation Before Year's End

It’s time for Congress to move at lightning speed. She’s hoping they will clear the crypto market structure bill before the end of the year. Lummis joined with fellow Senator Tim Scott to push brand new legislation. Their stated aim is to provide more certainty as to whether digital assets...

Lummis' Crypto Plea: Will Congress Act Before Time Runs Out?

Lummis' Crypto Plea: Will Congress Act Before Time Runs Out?

Cryptocurrency is at an exciting yet precarious inflection point. U.S. legislators are racing to develop a set of wide-reaching rules. Wyoming Senator Cynthia Lummis has been at the forefront of advancing this type of foundational crypto legislation. She has fought hard to pass it, looking to see it passed before...

Senate Banking Hearing Urges Swift Action on Crypto Regulation

Senate Banking Hearing Urges Swift Action on Crypto Regulation

The U.S. Senate Banking Subcommittee on Digital Assets held a hearing. They zeroed in on a bipartisan legislative framework through which to achieve such a market structure for digital assets. Presided over by Senator Lummis, the hearing featured a panel of experts who emphasized the urgent need for Congress to...

Senate Crypto Bill: 3 Reasons Why It Could Save (Or Sink) Bitcoin

Senate Crypto Bill: 3 Reasons Why It Could Save (Or Sink) Bitcoin

The buzz is real. You've probably seen Bitcoin hitting fresh highs, maybe even brushing past that mythical $105,000 mark (thanks, in part, to some fleeting peace in the Middle East and the resulting "risk-on" attitude). That surge is just the appetizer. The main course? It could be this Senate crypto...

Trump's Crypto Ties Under Fire: Will New Bill Curb Presidential Coin?

Trump's Crypto Ties Under Fire: Will New Bill Curb Presidential Coin?

The intersection of cryptocurrency and politics has become much more complicated. Former President Donald Trump has garnered significant attention for his recent foray into the digital asset space. This article explores the potential impact of the COIN Act on future presidential involvement in cryptocurrency, examining the ethical and legal implications...

Schiff Aims to Curb Trump's Crypto Ties with COIN Act

Schiff Aims to Curb Trump's Crypto Ties with COIN Act

To stop this practice, Senator Adam Schiff (D-CA) has introduced the Curbing Officials’ Income and Nondisclosure (COIN) Act. The proposed legislation comes amid growing concerns over former US President Donald Trump’s ties to the cryptocurrency industry. Schiff, joined by nine other Democratic lawmakers, aims to prevent the "financial exploitation of...