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South Dakota governor vetoes bill excluding cryptos from definition of money

0xMain
March 10, 2023

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South Dakota governor Kristi Noem has formally rejected legislation that would have excluded bitcoin (BTC) and other cryptocurrencies from the definition of money. Bill excluded crypto but classified CBDCs as money The legislation, known as House Bill 1193, was intended to amend provisions...

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South Dakota proposes bill to define cryptos legally

0xMain
March 2, 2023

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The state of South Dakota has introduced a new bill to redefine the concept of money, particularly concerning cryptocurrencies. South Dakota’s proposed bill could affect cryptocurrency regulation The new bill titled “An Act to amend provisions of the Uniform Commercial Code” has been...

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Illinois lawmaker floats ‘weird’ digital property protection bill

0xMain
February 20, 2023

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Illinois’ Sen. Rebert Peters has introduced the digital property protection act, which aims to mandate blockchain projects in the state to reverse already executed on-chain transactions when ordered by a court. The digital property protection bill Illinois Democratic party Sen. Robert .J. Peters...

Kansas bill may limit individual crypto donations at $100

0xMain
February 15, 2023

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The Kansas legislature is looking into a new bill limiting individual crypto donations to $100 for elections. Under the campaign finance act, the bill will also mandate the disclosure of addresses and donors’ names. A call to regulate crypto donations Kansas lawmakers are...

US senator Warren to reintroduce bill on DAOs and DeFi platforms

0xMain
February 15, 2023

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Senator Elizabeth Warren is pushing for the reintroduction of a bill that would extend anti-money laundering (AML) regulations to decentralized autonomous organizations (DAOs) and decentralized finance (DeFi) platforms. Warren argues crypto AML exemption is a danger At the Senate Banking Committee’s hearing on...

Central African Republic creates task force to draft crypto bill

0xMain
January 22, 2023

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The Central African Republic (CAR) government has given a 15-member team the task of drafting a crypto bill. The crypto committee is required to develop a legal structure and an ecosystem model for its citizens’ utilization of cryptocurrencies and other tokens. Crypto can...

Sam Bankman-Fried may be innocent says Bill Ackman

0xMain
January 13, 2023

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Sam Bankman-Fried has been standing with his claims that he never spent user funds at FTX. Billionaire Bill Ackman has hypothesized how Bankman-Fried could be telling the truth. However, the crypto community isn’t buying it. Bankman-Fried claims about customer funds Bankman Fried filed for...

UK Lord demands crypto regulation as addition to financial bill

0xMain
January 12, 2023

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After a volatile year in the crypto space, members of the House of Lords advocated for more regulation of crypto assets. The move was in response to the Financial Services and Markets Bill (FSMB), which brings some aspects of cryptocurrency under financial regulation....