A draft crypto market construction invoice within the U.S. Senate is drawing renewed concern from the digital asset trade, with Galaxy Digital warning it might give the Treasury Department sweeping surveillance and enforcement authority paying homage to the USA Patriot Act. The warning comes as lawmakers transfer to bridge House and Senate regulatory proposals amid…
Cryptocurrency lobbyists are swarming Capitol Hill this week as the U.S. Senate is about to vote on long-awaited market construction payments with no ultimate consensus on main political and coverage points and no final settlement on them. On January 15, two Senate committees, Banking and Agriculture, will conduct markups, which would be the most important…
An imminent vote within the U.S. Senate might set the stage for the longstanding makes an attempt to develop a federal mannequin to manage the crypto trade as a result of the legislators are nonetheless at odds concerning main coverage and political points. The Senate Banking Committee chair, Tim Scott, announced on Tuesday that he’ll…
The Senate’s long-awaited crypto market construction invoice is hitting one other vital juncture as midterm election pressures start to overshadow bipartisan negotiations. According to Politico, Senate Banking Chair Tim Scott now faces mounting challenges to move the landmark laws after pushing a committee vote into 2026, with lawmakers warning that Congress’s conventional election-year gridlock might…
The American Federation of Teachers is urging Senate leaders to halt work on the chamber’s crypto market construction invoice, warning that the proposal may expose public-sector pensions to unsafe property and strip protections which have lengthy ruled conventional securities. In a letter sent Monday to Senate Banking Committee Chair Tim Scott and Ranking Member Elizabeth…
Russian lawmaker Igor Antropenko has submitted laws to acknowledge crypto as marital property, topic to division throughout divorce proceedings, thereby addressing the dangers to property rights created by the unclear authorized standing of digital belongings. According to a local report, the draft federal regulation proposes amendments to Articles 34 and 36 of Russia’s Family Code,…
Senate Democrats despatched Republicans a counter-proposal on Thursday that might allow the Treasury Department to create a “restricted listing” for DeFi protocols deemed too dangerous, triggering a right away halt to bipartisan crypto market construction negotiations. The proposal would impose Know Your Customer guidelines on crypto app frontends, together with non-custodial wallets, strip protections from…
The AFL-CIO has urged the Senate Banking Committee to oppose the Responsible Financial Innovation Act, warning that the laws would expose employees’ retirement funds to crypto volatility whereas growing systemic monetary danger. In an October 7 letter to Chairman Scott and Ranking Member Warren, AFL-CIO Director of Government Affairs Jody Calemine acknowledged the invoice would…
Lawmakers in Wisconsin are pushing ahead Assembly Bill 471, a proposal that might considerably reshape the state’s method to crypto regulation by exempting a number of digital asset actions from cash transmitter licensing necessities. The invoice, launched by a gaggle of Republican legislators with one Democratic co-sponsor, was referred to the Committee on Financial Institutions…
Poland is edging nearer to enacting considered one of Europe’s hardest crypto legal guidelines after the Sejm, the decrease home of parliament, authorized a government-backed invoice aligning nationwide guidelines with the EU’s Markets in Crypto-Assets Regulation (MiCA). The bill, first submitted in June, moved rapidly via parliamentary procedures. After an preliminary studying in July, it…