Category: Law of the Chain
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Just In: U.S. House Advances CLARITY, GENIUS Acts After Longest Vote in History
The U.S. House advanced the CLARITY and GENIUS Acts after a record-long vote. The bills address digital asset regulation and anti-CBDC measures, following negotiations involving former President Trump.
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Bank of America CEO Says Still Too Early For Stablecoin Plans as US Stalls on Key Crypto Rules – Decrypt
Bank of America CEO cites regulatory uncertainty and unproven demand as reasons for delaying stablecoin plans, while rivals like Citi and JPMorgan explore initiatives amid stalled US crypto legislation.
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California Taps Ripple and Coinbase for Government Tech Overhaul – News Bytes Bitcoin News
California partners with Ripple and Coinbase to modernize government operations through the California Breakthrough Project, aiming for efficiency and innovation.
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Crypto bills move forward after nine-hour stalemate on House floor
House Republicans ended a nine-hour stalemate to advance three crypto bills, including a CBDC ban added to a defense bill, with votes on market structure and stablecoin regulations expected soon.
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US House officially passes rule to advance GENIUS, Clarity, and Anti-CBDC acts after longest vote in chamber history
The US House passed a rule to advance three crypto bills after a record 10-hour vote, including the GENIUS Act, Clarity Act, and Anti-CBDC Surveillance Act.
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Crypto Week: US Bills Could Unlock Trillions in Assets
US Crypto Week features three key bills: CLARITY Act for asset classification, GENIUS Act for stablecoin rules, and Anti-CBDC Act to block Fed digital currency issuance.
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CBDC in Plain Sight: Are Stablecoins the Hidden Blueprint for a US Digital Dollar? – Op-Ed Bitcoin News
The article explores how stablecoins may serve as a blueprint for a US digital dollar, discussing their growth and regulatory landscape in relation to potential CBDC development.
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SEC postpones decision on in-kind creations and redemptions for Bitwise Bitcoin and Ethereum ETFs
The SEC has delayed its decision on in-kind creations and redemptions for Bitwise Bitcoin and Ethereum ETFs until September 2025, citing the need for more review time.
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French lawmakers say country could generate $150M in annual revenue from Bitcoin mining
French lawmakers propose a 5-year Bitcoin mining pilot to utilize excess nuclear energy, potentially generating $150M annually while stabilizing the grid and supporting heat recovery initiatives.
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Thai SEC and central bank plan to launch crypto sandbox for foreign tourists
Thailand’s SEC and central bank plan a crypto sandbox allowing tourists to convert digital assets to baht via licensed operators, spending through regulated e-money platforms, excluding direct crypto payments.