Search Results for "legislation"
Democrat Ro Khanna Proposes Bill to Restrict Crypto Involvement by Elected Officials After Trump's Pardon
Following Trump's pardon of Binance's CZ, Democrat Ro Khanna plans a bill to ban elected officials from crypto activities, aiming to prevent conflicts of interest.
France Proposes Pro-Bitcoin Legislation Including Strategic BTC Reserve
France's proposed legislation includes a strategic Bitcoin reserve and aims to support the crypto ecosystem, signaling a significant shift towards crypto-friendly policies.
South Korea Passes Comprehensive Law Officially Legalizing Cryptocurrency Trading And Holding
A day after India’s Supreme Court lifted the ban on cryptocurrencies, South Korea has followed in their footsteps as the nation’s National Assembly has amended the Act on Reporting and Use of Specific Financial Information. This move fully legalizes cryptocurrencies in South Korea.
Bank of Russia Delays CBDC Pilot Rollout
The Bank of Russia's CBDC pilot rollout has been delayed indefinitely due to legislation only passing through the first reading. The number of participating private banks has also changed to 13 from 15, with the pilot involving real operations and limited consumers.
ECB Advances Digital Euro Project into Preparation Phase
The ECB's progression into the preparation phase of the digital euro project marks a pivotal step towards modernizing Europe's financial infrastructure. The digital euro, envisioned as a secure, accessible, and private means of digital payment, holds the promise of fortifying the European monetary system in the digital age.
China to Strengthen Artificial Intelligence Development with New Legislation
China has included a draft AI law in its legislative agenda for the State Council in 2023, which will be reviewed by the National People's Congress.
Senator Warren Focuses on Crypto Scam Risks for Seniors, Advocates New Legislation
Senator Warren emphasized the Digital Asset Anti-Money Laundering Act, gaining bipartisan support to regulate crypto activities and protect vulnerable populations from financial fraud.
Spanish Lawmaker Tables a Proposal to be Bitcoin Mining Hub after Kazakhstan Internet Shutdown
Maria Munoz, a member of the Congress of Deputies, seeks to make Spain a Bitcoin mining hub following the turmoil that was continually rocking Kazakhstan.
Brazilian Senate Committee on Economic Affairs Approves Crypto Regulation Bill
Crypto regulation on Brazilian soil gained steam after the senate’s economic affairs committee approved a bill highlighting the ground rules and day-to-day usage of digital currency funds.
India Plans to Ban Private Cryptos like Bitcoin in Favor of National Cryptocurrency
India plans introducing a new bill to ban private cryptocurrencies as well as introduce a national digital currency.
Paraguay Senate Passes Bill to Regulate Crypto Mining and Trading
Paraguay is advancing its crypto bill. Though it appears taking clues from its counterpart, El Salvador.
Australia Surpasses Asia in Crypto ATM Installations
Australia has surpassed Asia in the total number of crypto ATMs installed, with 364 machines as of January 2023. The country has consistently added Bitcoin ATMs over the last eight months and is on a crypto ATM installation spree. Internal documents from Australia’s Department of the Treasury suggest that crypto legislation is on the horizon.