How the Democratic Party didn’t stop worrying and fearing crypto in 2021
In 2021, mainstream U.S. Democrats’ stance on crypto has tipped towards skepticism and preference for tighter regulation. Go to Source Powered by WPeMatico
US Government
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Reelected Miami mayor to take 401k retirement savings partly in Bitcoin
Miami Mayor Francis Suarez also receives a part of his salary in Bitcoin with the help of a third-party payment processor Strike. Go to Source Powered by WPeMatico
Point of no return? Crypto investment products could be key to mass adoption
Cryptocurrency investment products could be a missing piece of the puzzle towards mass adoption, and are now becoming increasingly more common. Go to Source Powered by WPeMatico
Infrastructure bill can still be remedied: DeFi dev-turned Congress candidate
Matt West, DeFi developer by night and a Democratic candidate by day, believes there is still time to remedy the anti-crypto provisions of the U.S. Infrastructure Bill. Go to Source Powered by WPeMatico
The city of Philadelphia rolls out its own blockchain initiative
City official said they are seeking comments from crypto innovators on how to integrate blockchain within the municipal government. Go to Source Powered by WPeMatico
NY Mayor-elect Eric Adams will take his first three paychecks in Bitcoin
The Mayor-elect said he plans to make New York the “center of the cryptocurrency industry” after he takes office in January. Go to Source Powered by WPeMatico
US Treasury report says stablecoin legislation is ‘urgently needed’ to address risks
The group said stablecoin issuers should be held to the same standards as insured depository institutions including state and federally chartered banks. Go to Source Powered by WPeMatico
Coinbase unveils its Digital Asset Policy Proposal to spark conversation around comprehensive crypto regulation
One of the crypto industry’s major players seeks to boost the public debate on how to best fit digital assets into the regulatory perimeter. Go to Source Powered by WPeMatico
Law Decoded: Infrastructure woes and benevolent punishments, Sept. 27–Oct. 3
As House Democrats grapple over the infrastructure bill, the Biden administration and Federal Reserve eye stablecoin regulation. Go to Source Powered by WPeMatico
US Lawmakers See China’s Authoritarian Crackdown on Crypto as Big Opportunity
Several U.S. lawmakers see China’s authoritarian crackdown on cryptocurrency, including bitcoin, as “a perfect opportunity for American leadership on cryptocurrency.” One senator noted that it is “a reminder of our huge structural advantage over China.” US Lawmakers Comment on China’s Cryptocurrency Crackdown Following the latest news of China’s crackdown on cryptocurrency, several U.S. lawmakers have … Read more
