Pennsylvania lawmaker Ben Waxman, a Democrat, has introduced a invoice that might stop public officers from proudly owning or transacting in digital belongings whereas in workplace. The proposal, referred to as the House Bill 1812 (HB1812), goals to amend the state’s ethics and monetary disclosure legal guidelines and lengthen these restrictions to officers’ speedy households….
Illinois Governor JB Pritzker criticized President Donald Trump for permitting crypto insiders to form federal coverage, saying the strategy places buyers in danger. In an Aug. 18 post on X, Pritzker contrasted Trump’s strategy to his state’s dedication to structured, investor-focused laws. In keeping with him: “Whereas Trump lets crypto bros write federal coverage, Illinois…
Ukraine’s central bank said it remains prepared to move forward with crypto legalization while reaffirming that virtual assets will not be recognized as legal tender, per RBC Ukraine. National Bank of Ukraine (NBU) Governor Andriy Pyshnyy said on August 8 that “virtual assets cannot be a means of payment in Ukraine” and described this restriction…
Standard Chartered has partnered with Animoca Brands and Hong Kong telecom group HKT to establish Anchorpoint Financial, a joint venture applying for a license to issue a Hong Kong dollar-backed stablecoin under the city’s new regulatory regime. As Reuters reported, the venture formally notified the Hong Kong Monetary Authority (HKMA) of its intent just days…
Ripple Labs has urged the US Senate to revise its proposed crypto legislation, warning that the current draft introduces more confusion than clarity. The blockchain firm submitted its response on Aug. 5, addressing concerns about regulatory overreach and vague definitions that could stifle innovation across the digital asset space. The comments come in response to…
The total on-chain stablecoin transaction volume surged to a new all-time high of $1.5 trillion in July, marking a significant milestone in the sector. According to Sentora’s (formerly IntoTheBlock) data, this figure represents a sharp increase from the $1.26 trillion processed in June and surpasses the previous high seen in August 2024, when volumes topped…
El Salvador’s legislature has approved major constitutional reforms that will significantly reshape the country’s political structure and electoral timelines. The new bill, passed on July 31 by 57 lawmakers, enables indefinite presidential re-election, extends the length of presidential terms from five to six years, and removes the need for second-round runoffs in elections. Crucially, the…
Algeria has imposed a sweeping ban on all crypto activities, officially criminalizing the use, possession, trading, mining, and promotion of digital assets such as Bitcoin. The measure, enacted through a legislative amendment passed on July 24 and reported by local outlet Fibladi on July 28, marks one of the harshest crypto crackdowns in Africa. According…