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US House Passes Landmark Crypto Measures In Win For Trump
The US House of Representatives on Thursday passed three landmark cryptocurrency bills, fulfilling the Trump administration's commitment to the once-controversial industry.
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US Senate Passes Stablecoin Bill in Milestone for Crypto Industry
US' stablecoin-focussed GENIUS Act, received bipartisan support, with several Democrats joining most Republicans to back the proposed federal rules. It passed 68-30. The House of Representatives passed a stablecoin bill last year but the Senate.
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What is US' Stablecoin-Focussed GENIUS Act: Everything to Know
The US stablecoin bill has advanced to the House of Senate for the final approval. Dubbed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, this legislation aims to set clear rules around the issuing and management of stablecoins in the US.
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US Stablecoin Regulation Bill Nears Final Approval from House Committee: Key Details
This week, the US House Financial Services Committee passed the proposed stablecoin bill – pushing it to the House floor for a full vote. The lawmakers in the US are aiming to finalise stablecoin regulations by August 2025.
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US Airbnb Host Hit With Rs 1.25 Lakh Electricity Bill After Guests Mine Rs 84 Lakh In Crypto
An Airbnb host in the US was forced to add 'no cryptocurrency mining' to the list of instructions after a bizarre guest experience.
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Louisiana Joins Growing List of US States that Support Crypto Mining
Riding on the crypto wave, several states in the US have started inviting businesses related to crypto mining. In the latest development, the governor of Louisiana has signed a bill to foster the growth of businesses related to crypto mining activities in the state.
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‘Huge Win for Web3’: Indian Crypto Industry Reacts as US House’ Approves FIT21 Bill
Assessing the hold that the US has over the growth of the crypto industry, commentators from the Indian Web3 community say that US’ regulatory framework for crypto could show positive results. In conversation with Gadgets360, Sharedeum co-founder and CEO Nischal Shetty noted what it means for Indian crypto enthusiasts.
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US Lawmakers Pass FIT21 Crypto Bill That May Regulate SEC’s Involvement in Sector Oversight
The Financial Innovation and Technology for the 21st Century Act (FIT21) has been approved by the US House of Representatives. With this, the US has finally joined the list of nations alongside India, Japan, and South Korea among others -- that are working on bringing the volatile and exploitable digital assets sector under regulatory oversight.
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Cryptocurrency Firms Gemini, DCG, Genesis Sued in US for Alleged $1 Billion Fraud
New York Attorney General Letitia James on Thursday sued cryptocurrency firms Genesis Global, its parent company Digital Currency Group (DCG) and Gemini for allegedly "defrauding" investors of more than $1 billion.
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US Lawmakers to Vote on Cryptocurrency Bill in Coming Weeks
A key House Republican lawmaker said Tuesday that he intends to hold a committee vote on a comprehensive bill to establish a regulatory framework for cryptocurrency products in the coming weeks. He said he expects to put a bill forward for the panel to consider after lawmakers return to work on July 11.
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New California State Bill to Mandate Licenses for Crypto Exchanges, Back Bank-Issued Stablecoins
California’s awaited Digital Financial Assets Law will mandate crypto exchanges to apply and bag operational licenses in the state. In addition, the bill would also direct stablecoin issuers to have a bank charter. Californian Governor Gavin Newsom can approve or veto this bill by September 30.
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US Senators Propose Cryptocurrency Oversight Legislation Authorising CFTC as Default Regulator
US senators on Wednesday proposed a bill to authorise the Commodities Futures Trading Commission (CFTC) to be the default regulator for cryptocurrencies. The legislation could allow the CFTC to regulate cryptocurrencies, and is the latest attempt by the US Congress to formulate ideas on how to oversee a multibillion-dollar industry amid the global ...
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US May Exempt Crypto Transactions Under $50 From Taxes Under New Bipartisan Bill
A new bipartisan bill has been introduced in the US Senate that allows tax exemption for crypto transactions under $50 (roughly Rs. 4,000), done for personal uses like paying for goods and services. The name of this bill is the “Virtual Currency Tax Fairness Act”. The proposal aims to make the day-to-day use of cryptocurrencies easier for the p...
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Utah Governor Passes Bill to Create Blockchain and Digital Innovation Task Force
The Governor of Utah has endorsed a bill to establish a Blockchain and Digital Innovation Task Force, which will pave way for Utah to suggest policy proceedings to the US government.
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US’ New ‘TRUST Act’ Brings Dollar-Pegged Stablecoins Under Financial System, Lists Rules
The US is exploring day-to-day use cases of stablecoins, pegged against the US Dollar. A new TRUST Act has been introduced, that regulates relevant stablecoins in a bid to shape-up its transparency and security. Stablecoin issuers will now have to identify themselves in the US, and operate only after securing official licences.
-
US House Passes Landmark Crypto Measures In Win For Trump
The US House of Representatives on Thursday passed three landmark cryptocurrency bills, fulfilling the Trump administration's commitment to the once-controversial industry.
-
US Senate Passes Stablecoin Bill in Milestone for Crypto Industry
US' stablecoin-focussed GENIUS Act, received bipartisan support, with several Democrats joining most Republicans to back the proposed federal rules. It passed 68-30. The House of Representatives passed a stablecoin bill last year but the Senate.
-
What is US' Stablecoin-Focussed GENIUS Act: Everything to Know
The US stablecoin bill has advanced to the House of Senate for the final approval. Dubbed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, this legislation aims to set clear rules around the issuing and management of stablecoins in the US.
-
US Stablecoin Regulation Bill Nears Final Approval from House Committee: Key Details
This week, the US House Financial Services Committee passed the proposed stablecoin bill – pushing it to the House floor for a full vote. The lawmakers in the US are aiming to finalise stablecoin regulations by August 2025.
-
US Airbnb Host Hit With Rs 1.25 Lakh Electricity Bill After Guests Mine Rs 84 Lakh In Crypto
An Airbnb host in the US was forced to add 'no cryptocurrency mining' to the list of instructions after a bizarre guest experience.
-
Louisiana Joins Growing List of US States that Support Crypto Mining
Riding on the crypto wave, several states in the US have started inviting businesses related to crypto mining. In the latest development, the governor of Louisiana has signed a bill to foster the growth of businesses related to crypto mining activities in the state.
-
‘Huge Win for Web3’: Indian Crypto Industry Reacts as US House’ Approves FIT21 Bill
Assessing the hold that the US has over the growth of the crypto industry, commentators from the Indian Web3 community say that US’ regulatory framework for crypto could show positive results. In conversation with Gadgets360, Sharedeum co-founder and CEO Nischal Shetty noted what it means for Indian crypto enthusiasts.
-
US Lawmakers Pass FIT21 Crypto Bill That May Regulate SEC’s Involvement in Sector Oversight
The Financial Innovation and Technology for the 21st Century Act (FIT21) has been approved by the US House of Representatives. With this, the US has finally joined the list of nations alongside India, Japan, and South Korea among others -- that are working on bringing the volatile and exploitable digital assets sector under regulatory oversight.
-
Cryptocurrency Firms Gemini, DCG, Genesis Sued in US for Alleged $1 Billion Fraud
New York Attorney General Letitia James on Thursday sued cryptocurrency firms Genesis Global, its parent company Digital Currency Group (DCG) and Gemini for allegedly "defrauding" investors of more than $1 billion.
-
US Lawmakers to Vote on Cryptocurrency Bill in Coming Weeks
A key House Republican lawmaker said Tuesday that he intends to hold a committee vote on a comprehensive bill to establish a regulatory framework for cryptocurrency products in the coming weeks. He said he expects to put a bill forward for the panel to consider after lawmakers return to work on July 11.
-
New California State Bill to Mandate Licenses for Crypto Exchanges, Back Bank-Issued Stablecoins
California’s awaited Digital Financial Assets Law will mandate crypto exchanges to apply and bag operational licenses in the state. In addition, the bill would also direct stablecoin issuers to have a bank charter. Californian Governor Gavin Newsom can approve or veto this bill by September 30.
-
US Senators Propose Cryptocurrency Oversight Legislation Authorising CFTC as Default Regulator
US senators on Wednesday proposed a bill to authorise the Commodities Futures Trading Commission (CFTC) to be the default regulator for cryptocurrencies. The legislation could allow the CFTC to regulate cryptocurrencies, and is the latest attempt by the US Congress to formulate ideas on how to oversee a multibillion-dollar industry amid the global ...
-
US May Exempt Crypto Transactions Under $50 From Taxes Under New Bipartisan Bill
A new bipartisan bill has been introduced in the US Senate that allows tax exemption for crypto transactions under $50 (roughly Rs. 4,000), done for personal uses like paying for goods and services. The name of this bill is the “Virtual Currency Tax Fairness Act”. The proposal aims to make the day-to-day use of cryptocurrencies easier for the p...
-
Utah Governor Passes Bill to Create Blockchain and Digital Innovation Task Force
The Governor of Utah has endorsed a bill to establish a Blockchain and Digital Innovation Task Force, which will pave way for Utah to suggest policy proceedings to the US government.
-
US’ New ‘TRUST Act’ Brings Dollar-Pegged Stablecoins Under Financial System, Lists Rules
The US is exploring day-to-day use cases of stablecoins, pegged against the US Dollar. A new TRUST Act has been introduced, that regulates relevant stablecoins in a bid to shape-up its transparency and security. Stablecoin issuers will now have to identify themselves in the US, and operate only after securing official licences.
