US Lawmakers Reintroduce Crypto Crime Bill to Combat 'Terrorist Use'

The bill calls for the formation of an “Independent Financial Technology Task Force to Combat Terrorism and Illicit Financing.”

The Downside of Crypto Donations

Nonprofits and their supporters are turning to crypto to avoid taxmen, middlemen and restrictive lawmakers.

No Need for South Korean Lawmakers to Declare Crypto after Bill Fails

South Korean politicians and senior public officials need not report their crypto holdings or cryptoasset-related earnings, a new report has claimed – and there are no plans to make them do so. Per the Electronic Times, no fewer than three bills that would have seen cryptoassets granted property rights (and thus obliged MPs and civil servants to declare their trading

US Lawmakers Say ‘Rushed Process’ Threatens Legitimacy of FinCEN’s Push To Monitor Cryptocurrency Transactions

A bipartisan group of US lawmakers is asking the US Treasury to reconsider a proposed rule that would change how cryptocurrency transactions are monitored.

Law Decoded: Crypto on the rise, Big Tech on notice, Dec. 11–18

The crypto industry is ending 2020 on a high note, while major social media platforms face a phalanx of lawmakers and lawsuits. Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law.

Urgent plea to prevent auction of $1.6B Bitcoin seized from Silk Road hacker

Pierre Rochard has made an “urgent” plea to lawmakers to instead create a strategic Bitcoin reserve and fill it with BTC seized by law enforcement. Bitcoin influencer Pierre Rochard has called on lawmakers to prevent more than $1.6 billion worth of seized Bitcoin from being auctioned, proposing instead that confiscated coins be put into a strategic BTC reserve. Rochard, a Bitcoin maximalist behind the recent controversy over ETH’s total supply, wants legislators to draft and pass a bill containing amendments to the Judiciary Act of 1789 that would allow the US Marshals Service to hold onto any Bitcoin it received. In a blog post published on Dec.

Group of US Lawmakers Unite Against Rumored Bitcoin and Crypto Regulations from Treasury Department

A group of US lawmakers are coming together as they seek clarification from Treasury Secretary Steven Mnuchin regarding rumors that his office is considering implementing regulations that would restrict the use of self-hosted wallets.

US Lawmakers Caution Against Regulations Restricting Use of Self-Hosted Crypto Wallets

Four US lawmakers have sent a letter to Treasury Secretary Steven Mnuchin, warning of the risks of restricting the use of self-hosted cryptocurrency wallets.

Blockchain Bites: Paxos’ Banking Play, France’s KYC Terreur, FinCEN’s Personal Data Honeypot

US lawmakers are asking the nation's financial guardians to clarify crypto custodianship while France wages war on anonymity.

US Lawmakers Tell Mnuchin to Back Off From Potential Crypto Wallet Regs

Reps. Warren Davidson, Tom Emmer, Ted Budd and Scott Perry urged Steven Mnuchin to rethink his rumored self-hosted wallet regulations in an open letter Wednesday which warned such rules might "crush a nascent industry."

US Lawmakers Ask SEC to Clarify Broker-Dealer Rules

US lawmakers asked the SEC and FINRA to clarify how crypto firms can become registered broker-dealers and provide custody services for crypto assets.

Price analysis 12/7: BTC, ETH, XRP, LTC, BCH, LINK, DOT, ADA, BNB, XLM

Bitcoin price continues to meet resistance at $19,500, a signal that further sideways action in BTC and altcoins is on the cards. Recent news reports suggest that US lawmakers may announce a new round of economic stimulus worth about $908 billion before the end of today.

New Stimulus Proposals Gain Support While Lawmakers Push for Second Stimulus Checks to Help Americans

Two new stimulus packages have been proposed while lawmakers continue to push for second stimulus checks to help Americans cope with the coronavirus-led economic crisis.

US Lawmakers Introduce Plan to Regulate Emerging Sector of Crypto Markets

Lawmakers in Congress are introducing the Stablecoin Tethering and Bank Licensing Enforcement (STABLE) Act aimed at regulating the growing stablecoin market.

New Draft US Law Will Make It Illegal To Issue Stablecoins Without Federal Reserve Approval

Three US lawmakers have introduced a bill that will force private stablecoin issuers to obtain a banking charter (or license) and approval from the Federal Reserve before they can issue a stablecoin.

The Australian Senate just voted to kill the $10,000 'cash ban' bill

A controversial bill to ban the use of cash for transactions over $10,000 has been voted out by the Australian Senate A bill proposed by Australian lawmakers to ban the use of cash for transactions over $10,000 has been killed by a unanimous Senate vote.  One Nation Senator Malcolm Roberts brought the motion to remove the bill today after more than a year of trenchant opposition to it from a cross section of the community, including cryptocurrency proponents.

US Lawmakers Want STABLE Act to Force Stablecoin Issuers to Secure Bank Charters

US lawmakers have introduced a new bill to Congress seeking to impose federal control over the entire stablecoin industry and would mandate issuers to secure bank charters.

US Lawmakers Want to Regulate Stablecoins, and Crypto Twitter is Not Happy

Rashida Tlaib, Jesus "Chuy" Garcia and Stephen Lynch want stablecoin issuers to be licensed as banks.

US lawmakers seek to make stablecoins illegal without federal approval

A new bill introduced to Congress seeks to control the entire stablecoin industry by requiring all related activities to obtain federal approval first A new bill, introduced to US Congress on Wednesday night, could enforce blanket regulation on all stablecoins.

US Lawmakers Introduce Bill That Would Require Stablecoin Issuers to Obtain Bank Charters

Rep. Rashida Tlaib, Rep. Stephen Lynch and Rep.

New Congressional Bill Seeks to Regulate Stablecoins

Three Democratic lawmakers want to make sure stablecoin issuers don't take on the bad habits of big banks.

South Korea Will Delay 20% Crypto Trading Tax to 2022

South Korean lawmakers officially approved the postponement of the new income tax on cryptocurrency trading until January 2022.

Status of Second Stimulus Checks as Deadline for Government Shutdown Draws Near

As Americans wait to hear if they will receive second stimulus checks, lawmakers are scrambling to avert the looming government shutdown.

Second Stimulus Checks: New Proposal Taps Unused Fed Funds, Lawmakers Call for Relief Now

Americans are anxiously waiting to hear if they will receive a second round of stimulus checks as many are suffering due to the coronavirus-led economic crisis.

New Jersey Lawmakers Considering Sweeping Legislation to Regulate Bitcoin, Blockchain and Cryptocurrency

Lawmakers in the state of New Jersey are analyzing a bill that would regulate businesses involved in blockchain technology and digital assets, such as the flagship cryptocurrency Bitcoin (BTC).

EU’s Move to Bypass Encryption on Platforms like WhatsApp Sparks Indignation

European Union lawmakers have created a draft proposal that aims to circumvent end-to-end encryption, in a move to increase cybersecurity.

EU Lawmakers Seek Access to Encrypted Signal, WhatsApp Chats: Reports

A European Union draft proposal has drawn criticism from privacy advocates, although it may not be the “back door” that some fear.

Here Are the 2020 US Election Races Crypto Should Watch

Lawmakers who are important to the crypto industry are on the ballot this year.