Legislation
California Assembly Passes Crypto Regulation Bill That Requires Bank-Issued Stablecoins
The Digital Financial Assets Law, which is similar to New York’s BitLicense, has been criticized by industry stakeholders.
Paraguay’s President Vetoes Bill That Would Regulate Crypto Mining and Trading
The bill now heads back to Paraguay’s National Congress, where if it is ratified by both chambers with absolute majorities, it can still be enacted.
US Tribal Nation Economic Zone Publishes Draft Rules for DAOs
The Catawba Digital Economic Zone proposes allowing DAOs to be organized as unincorporated non-profits or limited liability companies.
US Stablecoin Bill Delayed by Congressional Committee Until After August
The head of an influential House panel said negotiations on the measure won't take place until after the summer recess.
Will Stablecoins Be Tethered to the Fed? Lawmakers Have Circled That Option
The U.S. central bank may get a leading role in policing stablecoins, according to legislation being negotiated in the House of Representatives. Crypto analysts weigh what that means.
US Stablecoin Bill Delayed, but Draft Language May Soon Emerge
As negotiations slow the release of a bipartisan bill until possibly September, lawmakers may put out some initial language soon to spur discussion.
Stablecoin Firms Face Tough Reserve, Capital Demands in US Bill, Source Says
Digital tokens such as tether and Circle’s USDC that are vital to functional crypto markets would have to meet stringent new requirements in legislation that’s close to the finish line.
UK Regulators to Introduce Rules for Stablecoins in New Markets Bill
The much-anticipated financial services and markets bill to be presented to Parliament includes rules for the use of stablecoins as a means of payment.
Stablecoin Bill Won’t Force All Issuers to Be Banks, Congressman Says
The key legislation that could open a path for stablecoin rules isn’t expected to stick to regulators’ recommendation to insist only banks put out tokens.
