Category: Law of the Chain
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Regulatory clarity precedes launch per BofA CEO. Pending GENIUS Act aims to establish federal oversight for stablecoin operations News ETHNews
Bank of America confirms stablecoin plans pending client demand, awaiting regulatory clarity. The GENIUS Act aims to establish federal oversight, potentially accelerating institutional adoption of dollar-pegged digital currencies.
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House Passes Crypto Legislation Motion After Trump-Backed GOP Reversal on CBDC Ban – Coinspeaker
The US House passed a crypto legislation motion after GOP holdouts reversed their stance following a meeting with Trump. Key bills advancing include stablecoin regulation and a CBDC ban.
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GENIUS Act and Anti-CBDC Bills Clear Key House Vote
The U.S. House passed a procedural motion advancing the GENIUS stablecoin bill, Digital Asset Market Clarity Act, and Anti-CBDC Surveillance State Act, following President Trump’s intervention.
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US lawmakers introduce bill to include crypto holdings in mortgage underwriting
US lawmakers introduced H.R. 4374, requiring mortgage lenders to consider crypto holdings in brokerage accounts during underwriting, potentially eliminating the need for conversion to fiat.
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Hack ‘Victims’ Say Tornado Cash Offered No Help in the Wake of Exploits: Day 2 of Roman Storm Trial
Victims of hacks and scams testified that Tornado Cash developers provided little assistance in recovering stolen funds during Roman Storm’s trial. Prosecutors highlighted Storm’s inaction, while defense emphasized the protocol’s decentralized nature.
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El Salvador And Pakistan Leaders Meet To Discuss Bitcoin
El Salvador’s President Nayib Bukele met Pakistan’s Crypto Minister Bilal Bin Saqib to discuss Bitcoin mining, strategic reserves, and education initiatives, as both nations expand crypto adoption.
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BofA confirms stablecoin plans as GENIUS and CLARITY bills advance in the House
Bank of America plans to partner with stablecoins as regulatory clarity improves. The House advanced the GENIUS Act to establish a stablecoin framework, with a final vote expected soon.
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‘Bitcoin Jesus’ Roger Ver Sues Spain to Block Extradition Over US Tax Charges: Bloomberg – Decrypt
Crypto entrepreneur Roger Ver, known as ‘Bitcoin Jesus,’ is suing Spain to block extradition to the U.S. over $50 million tax evasion charges, claiming his legal rights were violated.
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TRUMP memecoins set to be unlocked amid ‘crypto week’ votes
90 million Trump-themed memecoins worth $900M are set to unlock during Crypto Week, as Republicans push three crypto bills. The unlock increases supply by 45%, amid political debate.
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US House Passes Motion To Advance CLARITY, GENIUS, And Anti-CBDC Act
The US House advanced three crypto bills: CLARITY Act for Bitcoin regulation, Anti-CBDC Act to block Fed digital currency, and GENIUS Act for stablecoin oversight, amid political debate.
