North Carolina lower chamber overturns governors veto of CBDC ban

The bill received strong support in the General Assembly. Now, the state Senate will consider overturning the veto.

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New bill suggests thwarting AI copycats, deepfakes with watermarks

A bipartisan group of senators has introduced a new bill to tackle deep fakes, copyright infringement and AI training on data its not supposed to.

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Crypto voters are bipartisan in desire to update the system Coinbase

According to a new Coinbase study, crypto voters are diverse, enthusiastic and poised to impact key battleground states in the upcoming US presidential election.

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Stablecoin Showdown: Crypto Bill Faces Collapse as Senate Democrats Withdraw Support

U.S. stablecoin regulation nears collapse as Senate Democrats withdraw support, demanding tougher AML rules and financial safeguards.

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US pro-crypto super PAC Fairshake gets $25M from Andreessen Horowitz

The major contribution comes a day after the PAC received an equal amount from Ripple.

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Bipartisan bill for blockchain competitiveness passes US House

The Deploying American Blockchains Act of 2023 gives the Commerce Department a role in advancing blockchain technology.

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Boosting AI: Senators propose $32B investment plan for US tech growth

After months of meetings with industry experts and AI critics, four U.S. senators published what they say is a comprehensive roadmap for maintaining U.S. leadership in AI development.

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US Senators Introduce Bipartisan Stablecoin Bill to Establish Regulatory Framework

Senators Kirsten Gillibrand and Cynthia Lummis have introduced the Lummis-Gillibrand Payment Stablecoin Act, a new bipartisan legislation aimed at creating a clear regulatory framework for payment stablecoins. The bill aims to protect consumers, promote innovation, and maintain the dominance of the US dollar while addressing concerns related to money laundering and illicit finance. (Read More)

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Maine Senator Urges Biden to Consider Clemency for Ross Ulbricht During President’s Auburn Visit

On July 28, 2023, U.S. president Joe Biden made a trip to Auburn, Maine, where he delivered a speech at Auburn Manufacturing and subsequently attended a private fundraising gathering. Eric Brakey, the Republican senator representing Maine, greeted Biden upon his arrival in Auburn and handed him a note. In the message, he suggested that the [...]

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Controversial ‘Tiktok Ban Bill’ Sparks Concerns Among Cryptocurrency and Technology Advocates

Cryptocurrency and technology proponents have recently been discussing a new bipartisan bill called the “Restricting the Emergence of Security Threats that Risk Information and Communications Technology (RESTRICT)” Act. In addition to targeting firms such as Kaspersky, Huawei, and Tiktok, opponents of the bill believe one of its provisions will punish ordinary Americans for leveraging a [...]

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Crypto Industry Rejoices As Historic Bill Advances In US Congress

The US House Financial Services Committee achieved massive success for the cryptocurrency sector by advancing a bipartisan measure to create a thorough regulatory framework for Bitcoin and other cryptocurrencies. With the standard now approved, Capitol Hill has attempted to provide government supervision to the digital asset market, giving investors and the sector the much-needed regulation […]

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FTX CEO Says His Brand is "Totally on Board With Regulation"

Sam Bankman-Fried said he has a positive disposition to regulation as it is the right thing to do (Read More)

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New Bipartisan Crypto Bill Tags Cardano and Solana as Not Fully Decentralized

Cardano and Solana are classified as commodities in the new bipartisan crypto law, stating that they are not entirely decentralized. It is the most significant crypto law ever proposed in the United States. Cardano is now classed as a commodity, like with Solana and other coins. Cardano is more decentralized than Ethereum, according to the […]

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Rep. Waters Urges Bipartisan Support for Stablecoin Regulation

Maxine Waters, the Chairwoman of the House Financial Services Committee, has introduced bipartisan legislation focused on regulating stablecoins. The bill aims to establish clear guidelines for issuers of stablecoins and ensure the stability of the financial system. This move comes in response to the growing popularity of stablecoins and the potential risks they pose to [...]

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Bipartisan Support Grows for Key Crypto Issues in the U.S.

U.S. lawmakers from both parties are reaching consensus on essential crypto issues, including regulation, stablecoins, and digital asset innovation, according to a16z crypto. (Read More)

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US House to Hold Joint Hearings on Digital Assets

The House Financial Services Committee, Agriculture Committee, and subcommittees will hold joint hearings in May on establishing a bill to provide regulatory clarity to the digital asset ecosystem. The hearings will focus on addressing the market structure and striking a balance between protecting consumers and promoting responsible innovation. The goal is to report a bill out that deals with the capital raising piece for digital assets, all the way through to how a product can go from a securities regime to commodities regime, while preserving rights around products that do not fit into either regime. (Read More)

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