Legislation

U.S. House Committee Publishes Draft Stablecoin Bill
The stablecoin bill is the first major piece of crypto legislation in 2023.

Texas Bill Limiting Benefits for Crypto Miners Unanimously Passes Committee Vote
Texas is a major hub for bitcoin miners, many of whom have taken advantage of demand response programs the legislation looks to curb.

French Crypto Influencer Ban Will Harm Country’s Attractiveness, Industry Group Says
Proposals to stop social-media stars promoting unlicensed companies were approved by the National Assembly Thursday.

GOP Sen. Ted Cruz Proposes Ban on a CBDC
The effort by the Texas senator adds to a similar state-level measure proposed earlier this week by Florida Gov. Ron DeSantis.

Senior U.S. House Republican Says CBDCs Could Be ‘Weaponized’ as Political Tool
Majority Whip Tom Emmer is seeking to halt the Federal Reserve’s ability to issue a new digital dollar.

House Digital Assets Panel Chair Ready to Work With Ag Committee on Crypto Framework
U.S. Representative French Hill is the chairman of the newly formed Financial Services Subcommittee on Digital Assets.

Illinois Officials Pushing State Crypto Licensing to Emulate New York’s BitLicense
New bills to set up a digital assets regulation in Illinois are supported by the local regulator, as states continue to surge ahead of U.S. agencies on cryptocurrency efforts.

Argentina's National Securities Commission to Set Requirements and Rules for Crypto Companies
The jurisdiction of that agency is specified in a bill that is under discussion in the Argentine Congress.

Top Republican on US Senate Panel Ready to Work on Crypto Rules
Senator Tim Scott's announcement Thursday follows Senate Banking Committee Chairman Sen. Sherrod Brown's earlier statement on his willingness to work on crypto legislation.

