william (bill) barhydt
Texas Securities Board Issues Emergency Cease and Desist Order to Abra and CEO, William Barhydt
The Texas State Securities Board has taken decisive action against Abra by issuing an Emergency Cease and Desist Order. The order, also directed at Abra's CEO, William (Bill) Barhydt, alleges securities fraud and misleading statements in connection with Abra's digital asset depository accounts.
Abra's CEO Confirms 50% of His Investment Portfolio is Now in Bitcoin
Abra's CEO Bill Barhydt has revealed that approximately 50% of his investment portfolio is now in Bitcoin (BTC).
New Jersey State Considering New Bill to Set New Requirements for Cryptocurrency Businesses
The New Jersey state legislature received a new bill, the Digital Asset and Blockchain Technology Act by Assemblywoman Yvonne Lopez. This new bill would require cryptocurrency and virtual currency to obtain a license to operate, allowing for more consumer-friendly protections.
Stellar Development Foundation Injects $5 Million Into Crypto Wallet Abra to Leverage Products Expansion
Abra is a crypto-financial services app that gives users exposure to cryptocurrency and stock investments. On the other hand, The Stellar Development Foundation is a non-profit, which supports the development of the Stellar network. The Stellar Development Foundation said that its investment would help Abra to expand its services and products on the Stellar network. Abra CEO Bill Barhydt stated that his team will leverage Stellar’s ability to use traditional banking infrastructure as it builds yet more banking tools.
EARN IT Act Introduced in US House of Representatives, Critics View It as Threat—What This Means for Crypto
Despite being perceived as an “anti-security bill” by many, the EARN IT Act has made its way to the US House of Representatives and currently awaits approval.
Ukraine's Draft Bill on Digital Currencies Undergoes First Parliamentary Hearing
Ukraine's proposed draft bill for regulating digital assets in the country has passed its first parliamentary hearing.
Indian Bill To Ban Cryptocurrency Excluded From Winter Parliament Agenda
The bill to ban cryptocurrency trade in India has been left of its parliamentary winter session agenda, fueling speculation that there has been a change in strategy.
Louisiana State Congress Unanimously Pass Crypto-Business Licensing Bill
Crypto businesses may be offered a regulated path to legalization in the state of Louisiana. The proposed bill has been backed by Louisiana state representative Mark Weight. Should the bill be passed, the state would have a regulated crypto framework to operate within and would provide an official definition of traditionally ambiguous cryptocurrency-related terms.
Mike Novogratz Believes Bitcoin Will Solidify Bill Gates' GOAT Status
Galaxy Digital founder and CEO Mike Novogratz believes Bill Gates could gain and solidify his status if he owned Bitcoin.
DFA Bill Passed, But Central Bank of Russia Still Thinks Cryptos Are Criminal
Despite the Digital Financial Assets bill being passed by the State Duma, Russia’s Central Bank has nevertheless argued that crypto transactions are not deemed as legitimate investments.
US Congress Examines Draft Stablecoin Bill While Facebook Will Not Launch Libra Until US Regulators Approve
The United States Congress has been considering drafting a bill that argues that all managed stablecoins must be treated as investment contracts and hence are securities.
Georgia Proposes Bill Where Crypto Will be Part of High School Curriculum
Georgia lawmakers have passed a bill that recommends cryptocurrency to be integrated into the high school curriculum.
Bill Gates Will Not Be Joining The Bitcoin Bandwagon Anytime Soon and Neither Will Microsoft
Billionaire philanthropist Bill Gates was probed about his views on Bitcoin in an interview with CNBC's Squawk Box.