The United States Department of Justice may move forward on a criminal prosecution case against a U.S. citizen who allegedly violated sanctions through cryptocurrency. According to a Friday opinion filing in U.S. District Court for the District of Columbia, the unnamed individual who is the subject of a criminal investigation...
After nearly a three-year-long discussion about establishing a task force to oversee blockchain and crypto initiatives, the governor of Utah, Spencer Cox, signed a bill to create the Blockchain and Digital Innovation Task Force. The Utah State Legislature first saw the introduction of the house bill (H.B. 335) in early...
Get used to half-point hikes, Powell said Crypto is trading like a big tech stock, and risk assets don’t perform well with rising rates, analysts warned The Federal Reserve moved to increase interest rates by half a percentage point Wednesday, a move the market largely anticipated as inflation continues to...
Hawaii State Senate Approves Task Force to Regulate Crypto As interest in cryptocurrencies and NFTs mounts around the world, Hawaii’s State Senate has approved bill ‘SB2695‘. The bill is intended to facilitate more freedom to explore blockchain technology and how it would affect the general population. The bill was signed...
Hawaii is giving crypto regulation a serious focus now. Around the world, the drive for crypto regulation continues to take shape as more governments seek to establish regulatory frameworks for digital assets. Hawaii could be the latest state to do so, as a senate committee has recommended the formation of...
The Brazilian Senate has approved a recently presented cryptocurrency policy, advancing the project to discussions in the deputy chamber. The proposal will have to be greenlighted by the deputies of Congress and signed by President Jair Bolsonaro to be approved as law. The project presented is the result of the...
Lawmakers in Panama have passed a bill that will regulate cryptocurrencies, including Bitcoin, in the Latin American country. In a Thursday tweet, Panamanian pro-crypto congressperson Gabriel Silva said lawmakers had approved the “Panama Crypto Law” following a third debate. According to Silva, the law will “help Panama become a hub...
The Panamanian Legislative Assembly has passed a bill regulating the commercialization and use of cryptocurrencies. Once signed by the President, it will enable residents of the country to pay their taxes and civil debts using multiple digital assets. A Rival to El Salvador? Gabriel Silva – the 32-year-old Panama congressman...
A two-year moratorium on a process of generating cryptocurrency that has come under scrutiny from environmental organizations was approved Tuesday in the state Assembly. The measure heads to the state Senate, where a similar bill was previously approved a year ago. The pause on proof-of-work crypto-mining would also require the...
Brazil’s Senate has passed the country’s first bill governing cryptocurrencies in a plenary session, which will set the stage for the creation of a regulatory framework for the country’s crypto industry. The bill must be approved by the Chamber of Deputies and then signed off by President Jair Bolsonaro to...
