Virginia Senate considers Bill No. 339, proposing exemptions for miners from money transmitter licenses, protections from discrimination, digital asset classification updates, and tax benefits for crypto users.
Xu LinSenator Warren described Bitcoin as an "ephemeral token" with no value because it is not backed with anything unlike a CBDC.
CryptoSlateThe bill further states: “No central bank digital currency shall be considered legal tender under section 16 5103 of title 31, United States Code.”
OthersBitcoin has its back covered by this American senator who believes in the potential of the crypto to bring good things to the U.S. financial sector and economy in general.
BitcoinistThe crypto winter brought more devastating impacts on some crypto lending platforms. There was a lot of battling by most ...
BitcoinistWarren’s letter urges OCC to collaborate with Fed and FDIC to develop an alternative cryptocurrency approach “that adequately protects consumers and the safety and soundness of the banking system.”
CointelegraphFairfax County continues its cryptocurrency investment endeavors through VanEck crypto lending fund, exploring the world of yield farming through the asset manager.
CointelegraphThe U.S. congressman claimed that the value of stablecoins will “fall significantly” as small investors will largely feel the effects of a potential downturn.
CointelegraphSenator Indira Kempis, who represents the Mexican state of Nuevo Leon, has introduced a crypto bill based on El Salvador’s Bitcoin law.
CointelegraphThe next few days will see a decision made, which if approved would be the first time pension fund money was used in decentralized finance.
Cointelegraph