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Reintroduced anti-CBDC bill passes US House Financial Services Committee

Reintroduced anti-CBDC bill passes US House Financial Services Committee

The Anti-CBDC Surveillance State Act (H.R. 1919) passed voting in the U.S. House Financial Services Committee on Wednesday, with 27 in favor and 22 opposed.The bill, introduced by House Majority Whip Tom Emmer, R-Minn., aims to prevent the use of central bank digital currency for monetary policy and…

BTC/USD: Bitcoin on Pace to Clock 10% Decline for First Quarter. What’s Ahead for Q2?

BTC/USD: Bitcoin on Pace to Clock 10% Decline for First Quarter. What’s Ahead for Q2?

In the cards — crypto market outlook to hinge on White House guidance, especially the crypto working group’s policies. ✔️ Wrapping Up a QuarterBitcoin was slow to start this week’s trading (probably because the EU shifted one hour forward over the weekend?) with prices floating under the flatline …

Resolution to kill IRS DeFi broker rule heads to Trump’s desk

Resolution to kill IRS DeFi broker rule heads to Trump’s desk

Update (March 27, 3:03 am UTC): This article has been updated to add background and information on the resolution.US President Donald Trump is expected to sign a resolution to kill a Biden administration-era rule that requires decentralized finance (DeFi) protocols to report to the Internal Revenue …

 North Carolina bills would add crypto to state’s retirement system

North Carolina bills would add crypto to state’s retirement system

North Carolina lawmakers have introduced bills in the House and Senate that could see the state’s treasurer allocate up to 5% of various state retirement funds into cryptocurrencies such as Bitcoin.The Investment Modernization Act (House Bill 506), introduced by Representative Brenden Jones on March…

 Kentucky governor signs ‘Bitcoin Rights’ bill into law

Kentucky governor signs ‘Bitcoin Rights’ bill into law

Kentucky governor Andy Beshear has signed a measure known as the “Bitcoin Rights” bill, into law, enshrining protections for crypto users, as two other US states’ Bitcoin reserve legislation advanced.Crypto advocacy group the Satoshi Action Fund said in a March 24 statement to X that House Bill 701 …

Kentucky enacts law supporting self-custody of cryptocurrencies

Kentucky enacts law supporting self-custody of cryptocurrencies

Kentucky Governor Andy Beshear signed House Bill 701 (HB 701) into law on Monday, establishing protections for bitcoin and cryptocurrency use within the state.The legislation received unanimous bipartisan support in both chambers of the Kentucky legislature, passing the House 91-0 on Feb. 28 and the…

 Arizona’s strategic crypto reserve bills heads for full floor vote

Arizona’s strategic crypto reserve bills heads for full floor vote

Two strategic digital asset reserve bills in Arizona cleared Arizona’s House Rules Committee on March 24 and are now headed to the House floor for a full vote.The bills together, if passed into law, would clear the way for Arizona to establish strategic digital assets reserves composed of existing a…

Here’s what happened in crypto today

Here’s what happened in crypto today

Today in crypto, Argentina has introduced new rules for crypto firms. Meanwhile, in the United States, a new bill seeks to formalize former President Donald Trump’s executive order to establish a Strategic Bitcoin Reserve. However, Democrat Representative Gerald is pushing for the US Treasury to hal…

US stablecoin bill gets update ahead of Senate banking group vote

US stablecoin bill gets update ahead of Senate banking group vote

US Senate Banking Committee is set to vote on a Republican-led stablecoin framework bill on March 13, after it was updated following consultation with committee Democrats.GOP Senator Bill Hagerty, one of the bill’s co-sponsors, said on March 10 that he introduced an update of the Guiding and Establi…

Utah’s Senate passes Bitcoin bill — but scraps key provision

Utah’s Senate passes Bitcoin bill — but scraps key provision

Utah’s Bitcoin bill has passed the state Senate, but without its cornerstone, a clause that would have made it the first US state with its own Bitcoin reserve.The HB230 “Blockchain and Digital Innovation Amendments” bill now only provides Utah citizens with basic custody protections, the right to mi…

Here’s what happened in crypto today

Here’s what happened in crypto today

Today in crypto, Michael Saylor advocates for an aggressive US government approach to Bitcoin accumulation, the Bitcoin community shares mixed reactions to White House Crypto Summit, the White House Crypto Summit marked a “truly historic day at the White House,” according to Crypto.com CEO Kris Mars…

Here’s what happened in crypto today

Here’s what happened in crypto today

Today in crypto, the Bitcoin community shares mixed reactions to White House Crypto Summit, the White House Crypto Summit marked a “truly historic day at the White House,” according to Crypto.com CEO Kris Marszalek, and the US Office of the Comptroller of the Currency (OCC) has reduced “the burden” …