US lawmaker introduces bill for government-backed insurance of ‘qualified’ stablecoins
"For cryptocurrency to grow and thrive ... we must provide more direction and certainty to the marketplace ...,” said Josh Gottheimer.
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Crypto at the Olympics: NFT skis, Bitcoin bobsledders and CBDC controversy
Bitcoin and nonfungible tokens are all over the Olympics this year while China’s CBDC is there too amid a controversial rollout.
Law Decoded: States’ crypto rights and the influx of digital money into analog politics, Feb. 7–14.
As U.S. Congress continues its crypto education at a measured pace, states race to explore the benefits of financial innovation.
Sanctions and trade: Iran aims to develop a central bank digital currency
While the central bank announced its intention to launch a CBDC, exact details are still scarce.
No Crypto Loans and Fewer Trading Options – Russian Finance Ministry Clarifies Regulatory Plan
Russian authorities are not going to allow cryptocurrency lending, the finance ministry has announced, clarifying its proposals for crypto market regulation. The treasury department also revealed that not all cryptocurrencies…
European Commission to Launch Digital Euro Consultations in March, Propose Bill Early Next Year
The executive arm of the EU is gearing up to start public consultations on the digital euro project next month. The European Commission will also prepare new legislation to establish…
Crypto miners exempt from IRS reporting rules, US Treasury affirms
The U.S. Treasury affirmed that crypto miners and wallet operators are exempt from the IRS reporting rules, preparing appropriate regulations.
Russian Regulators Find Common Ground — Bitcoin Can’t Be Used for Payments
Russian authorities are yet to reach full consensus on the future of cryptocurrencies but government institutions are on the same side of the fence in their intention to ban bitcoin…
Canadian MP introduces bill aimed at encouraging growth in crypto sector
“To be a world leader, Canada needs to make sure cryptoasset experts and investors are telling us what policy they need or what policy they don’t need,” said Michelle Rempel…
Tennessee lawmaker introduces bill which would allow state to invest in crypto
The two bills introduced on Feb. 2 propose allowing the state of Tennessee as well as its counties and municipalities to invest in crypto, as well as forming a committee…
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