Rep. Waters proposes stablecoin rules, federal oversight
Both House Republicans and Democrats have introduced proposals to regulate U.S. stablecoins, signaling that the sector is a legislative priority under President Donald Trump. Maxine Waters, the ranking Democrat on the House Financial Services Committee, published a proposal for stablecoin oversight through federal watchdogs such as the Office of the Comptroller of the Currency, the […]
Florida Sen. Gruters proposes Bitcoin investment bill for state funds
Florida Senator Joe Gruters argued that the state “should have access to tools such as Bitcoin to protect against inflation.” Source link
Missouri bill proposes Bitcoin reserve fund for state investments
House Bill 1217, introduced by Representative Ben Keathley, aims to establish a Bitcoin reserve fund for Missouri and mandate crypto acceptance for state payments. Source link
Texas Lieutenant Governor proposes Bitcoin reserve for 2025
Texas Lieutenant Governor Dan Patrick has announced plans to establish a “Texas Bitcoin Reserve” as part of his top legislative priorities for the 2025 session. The proposal underscores Texas’ ongoing push to integrate Bitcoin (BTC) into its financial strategy and reinforce its status as a blockchain-friendly state. “Over the last four years, the Texas Senate […]
MicroStrategy proposes 2.5M share offering to fund Bitcoin purchases
The company acquired another $1.1 billion worth of Bitcoin last week, increasing its digital asset holdings to 471,107 BTC. Source link
Taiwan FSC proposes law allowing banks to issue stablecoin
The Taiwan FSC plans to propose a draft law in June 2025, allowing local banks to issue stablecoins tied to the new Taiwan dollar. According to a report from local media outlet Money UDN, the Taiwan Financial Supervisory Commission wants to introduce a draft law covering virtual asset service provision or VASP. One of the […]
Wyoming proposes bill for Strategic Bitcoin Reserve
Wyoming has become the latest US state to propose a bill for a Strategic Bitcoin Reserve, just days before Donald Trump’s US presidential inauguration. Source link
Wyoming proposes Bitcoin investments for state funds
Wyoming lawmakers have introduced House Bill 0201, which aims to permit up to 3% of state funds to be invested in Bitcoin. The bill would apply to key funds, such as the general fund and the permanent mineral trust fund, marking a potential milestone in public fund management. If approved, the state treasurer could invest […]
Congressman proposes IRS elimination
On Jan. 9, 2025, congressman Earl Carter proposed a bill replacing the US tax code with a national consumption tax and abolishing the IRS. Earlier this month, the IRS was sued by Blockchain Association over the new reporting rule. New tax system The H.R. 25 bill, or The Fair Tax Act of 2025, was introduced […]
U.S. agency proposes rule requiring refunds after crypto hacks
The Consumer Financial Protection Bureau has proposed a rule that would require U.S. cryptocurrency companies to refund customers who lose funds due to hacks or unauthorized transactions. he proposal aims to extend the consumer protections already in place for traditional bank accounts to digital wallets used for cryptocurrencies, according to Financial Times reporting. The CFPB’s […]
