Legislation


Policy

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.

Paraguayan President Mario Abdo Benitez (Mario Tama/Getty Images)

Policy

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.

One of the initial sites of the Catawba Digital Economic Zone in Rock Hill, South Carolina. (CDEZ)

Policy

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.

Rep. Maxine Waters (Anna Moneymaker/Getty Images)

Policy

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.

Bitcoin and ether traded slightly higher following Fed Chairman Jerome Powell’s latest comments on inflation and the economy. (Jesse Hamilton/CoinDesk)

Policy

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.

U.S. Capitol building (Michael Bell/Getty Images)

Policy

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.

U.S. Rep. Patrick McHenry, the top Republican on the House Financial Services Committee, and Chairwoman Maxine Waters (Sarah Silbiger-Pool/Getty Images)

Policy

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.

U.K. financial regulators are set to introduce rules for stablecoins as payment tools to Parliament. (Scott E Barbour/Getty Images)

Policy

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.

Rep. Jim Himes (D-Conn.) is a senior member of the House Finance Services Committee, which is working on stablecoin legislation. (Al Drago/Getty Images)

Policy

Indian Finance Minister Echoes Central Bank's Crypto Ban Call but Says Global Collaboration Is Required

Finance Minister Nirmala Sitharaman made her comment in answer to a series of written questions from a member of parliament about cryptocurrency legislation.

Indian Minister of Finance Nirmala Sitharaman (IMF Photo/Cliff Owen)

Policy

Brazilian Congress Postpones Crypto Bill Vote Until After October Presidential Elections

Deputies were originally scheduled to consider the text this week, which has already been approved by the Senate.

Congreso de Brasil. (Marisa Cornelsen/Unsplash)