Support for the Digital Asset Anti-Money Laundering Act is growing in Congress, but most bills sponsored by legislators never become law.
Category: crypto bill
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US lawmaker proposes to cut SEC chair Gary Gensler’s salary to $1
The Financial Services and General Government bill proposes to drastically cut funding to the SEC and other government agencies.
‘Historic week’ as stablecoin, self-custody bills advance to House floor
The bills aim to create a regulatory framework for payment stablecoins and enshrine rights for crypto users to self-custody digital assets.
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US crypto’s future could fall on these 4 digital asset bills
The crypto bills could hand power to the purportedly more crypto-friendly CFTC and better define the SEC’s jurisdiction.
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Panamanian Crypto Bill Might Get a Second Wind in the Highest Court of the Country
The fate of the Panamanian crypto bill project, which was approved by the Panamanian National Assembly last year, now depends on the decision of the supreme court of the country. The sanction of the project, which was vetoed by President Laurentino Cortizo, is now in the hands of the court after Congress rejected the veto […]Powered by WPeMatico
Rep. Tom Emmer mulls bringing back bill aimed at reducing crypto red tape
Tom Emmer is considering reintroducing a bill that removes the requirement for entities to be registered as money transmitters if they don’t handle customer assets.
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Brazilian Congress Fails to Vote on Cryptocurrency Bill, Next Discussion Scheduled for September
The Brazilian Congress failed to address a proposed cryptocurrency bill this week. While the proposed public policy was indeed on the agenda, the deputy chamber focused on discussing bills that tend to other issues, including health and digital education problems. The digital currency bill is scheduled to be discussed again in September. Brazilian Congress Sidelines […]Powered by WPeMatico
US Senators Introduce Bill to Give CFTC Exclusive Jurisdiction Over Digital Commodities Spot Market
U.S. senators have introduced the “Digital Commodities Consumer Protection Act of 2022” to empower the Commodity Futures Trading Commission (CFTC) “with exclusive jurisdiction over the digital commodities spot market.” Digital Commodities Consumer Protection Act U.S. Senators Debbie Stabenow (D-MI), John Boozman (R-AR), Cory Booker (D-NJ), and John Thune (R-SD) introduced Wednesday the “Digital Commodities Consumer […]Powered by WPeMatico
President of Panama shoots down crypto bill citing FATF guidelines
Although the President has previously called the laws innovative, his concern regarding anti-money laundering measures has put the bill back up for debate with the government.
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SEC boss worries crypto bill undermines financial protections
A provision in the bill gives authority over some cryptocurrencies to the Commodity Futures Trading Commission (CFTC), with the agency head saying it cares about having “rigorous oversight of markets.”
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