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Cryptocoins News / The Cointelegraph ​ - 2 years ago

US lawmakers aim for crypto regulatory clarity with proposed bill putting the screws to SEC

The framework under the bill would allow certain tokens to qualify as digital commodities if they were decentralized and crack down on the SEC’s previous approach to crypto....

Cryptocoins News / EthereumWorldNews - 2 years ago

U.S. Lawmakers Push For Regulatory Clarity With New Crypto Bill

U.S. lawmakers Rep. Patrick McHenry and Rep. Glenn Thompson have introduced a new bill calling for clear crypto regulations.& The proposed legislation would protect crypto assets from enforcement actions until regulators set up new rules for the...

Cryptocoins News / EthereumWorldNews - 2 years ago

MakerDAO Approves Proposal To Buy $1.28 Billion In U.S. Treasuries

The MakerDAO community has voted in favor of a proposal to purchase $1.28 billion worth of U.S. Treasuries.& The proposal, dubbed Project Andromeda, was put forward by crypto investment firm Blocktower Capital.Maker is set to exchange 1.28 billi...

Bitcoin News / Bitcoin.com - 2 years ago

US Lawmakers Introduce Bill to Halt Federal Reserve’s Digital Dollar Testing, Citing Concerns for American Liberties

U.S. lawmakers have introduced a bill to prohibit the Federal Reserve from “establishing, carrying out, or approving a program intended to test the practicability of issuing” a central bank digital currency (CBDC). “CBDCs would threaten the liberties...

Cryptocoins News / EthereumWorldNews - 2 years ago

Landmark MiCA Law Officially Signed By EU Policymakers

Summary: European Union lawmakers officially signed the bloc’s Markets in Crypto Assets (MiCA) bill meant to standardize digital asset businesses across 27 member nations.The bill is accompanied by new anti-money laundering rules that requ...

Cryptocoins News / EthereumWorldNews - 2 years ago

UAE Strengthens Crypto Oversight With AML/CTF Rules, Policymakers Talk With Hong Kong Regulators

Summary: The Central Bank of the United Arab Emirates published rules for businesses and institutions interacting with cryptocurrencies and digital assets.The UAE’s new guidance will oversee anti-money laundering and counter-terrorism fina...

Bitcoin News / Bitcoin Magazine - 2 years ago

Filmmaker Alana Mediavilla On Bitcoin’s Energy Consumption, Education And Closing The Gender Gap

It’s no secret that those who feel threatened by Bitcoin will attack it. Just a month ago, The New York Times published a malicious article on Bitcoin mining’s energy usage. Senator Elizabeth Warren from Massachusetts has repeatedly attacked Bitcoin...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Deal to avoid US debt default nixes proposed 30% crypto mining tax, says Ohio lawmaker

According to Rep. Warren Davidson, legislation to address the U.S. debt ceiling blocks “proposed taxes,” including a 30% tax on electricity used by crypto miners. A te...

Bitcoin News / Bitcoin.com - 2 years ago

Makerdao Considers Significant DAI Savings Rate Hike: 3.3% on the Horizon, If Vote Passes

The Makerdao collective is currently immersed in a discussion about the potential rise of the DAI stablecoin’s savings rate to 3.3%. This suggestion was introduced by Block Analitica and revealed to the community on May 26 under the title &...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

MakerDAO proposal seeks to hike DAI savings rate to 3.33%

The DAI savings rate was increased to 1% in December 2022, leading to 35 million DAI being deposited in a month, according to MakerDAO. The community of Ethereum-based...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

French lawmakers agree to loosen rules in proposed crypto influencer bill

Previously, the bill restricted influencer marketing to only licensed crypto firms, of which there are currently none in France. French lawmakers have agreed to tone d...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Microsoft urges lawmakers, companies to ‘step up’ with AI guardrails

Microsoft President Brad Smith is the latest tech industry heavyweight to call for better risk management and regulation for artificial intelligence. Brad Smith, the p...