Sen. Lummis: My legislation would empower the SEC to protect consumers
Lummis-Gillibrand would allow the SEC to figure out which cryptocurrencies fall under its regulatory purview, leaving the rest to the CFTC. Go to Source Powered by WPeMatico
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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 … Read more
Senate Virtual Currency Tax Fairness companion bill drops purchase exclusion to $50
After being seen in the House a few times, a bipartisan bill is introduced into the Senate with a drastically reduced exclusion for purchases made with cryptocurrency. Go to Source Powered by WPeMatico
Paraguayan Senate Approves Cryptocurrency Bill
The Paraguayan Senate has approved a bill that seeks to regulate cryptocurrencies and their operations in the country. The bill, which had already been submitted to the deputy chamber, was approved with some changes suggested, establishing clear definitions and tax exemptions for companies in the cryptocurrency and crypto mining sectors. Paraguayan Cryptocurrency Bill Passes Senate … Read more
US Senate confirms Michael Barr as Fed vice chair for supervision
Michael Barr was on the advisory board of Ripple Labs from 2015 to 2017 and has called on lawmakers to create a regulatory framework on stablecoins to prevent the risk of runs. Go to Source Powered by WPeMatico
US crypto regulation bill aims to bring greater clarity to DAOs
The Responsible Financial Innovation Act proposes a comprehensive set of regulations for the digital assets sector, and one potentially impactful section is DAOs. Go to Source Powered by WPeMatico
Brazil Creates Crypto-Dedicated Investigation Unit
The public prosecution of the Federal District, located in the center-west region of Brazil, has launched its own cryptocurrency investigation unit. The newly formed unit will focus its activities on aiding other prosecutors in cryptocurrency investigations, and also educating consumers about the safe use of cryptocurrencies. Cryptocurrency Crimes Unit Launched in Brazil Cryptocurrency crimes have … Read more
Chainalysis exec touts blockchain analysis to Senate homeland security committee
Three experts from the private sector appeared before the Senate committee Tuesday to talk about ransomware attacks and how to combat them. Go to Source Powered by WPeMatico
Chamber of Representatives in Paraguay Advances Crypto Bill
Cryptocurrency regulation in Paraguay is progressing steadily, as a crypto bill introduced in December has been approved by the Chamber of Representatives in the country. The bill, which contains definitions and rules for cryptocurrency mining, one of the hot topics in Paraguay due to the cheap electricity costs, will be passed to the Senate to … Read more
Utah Governor approves of blockchain and digital innovation task force
Some of the primary duties assigned to the task force involve making policy recommendations related to blockchain and related technologies. Go to Source Powered by WPeMatico
