Tag: legislation

UK Signals Interest in US Crypto Legislation, Calls for Global Regulatory Harmony

UK Signals Interest in US Crypto Legislation, Calls for Global Regulatory Harmony

• Regulation

The United Kingdom – particularly its industry-oriented government – are keenly observing the United States’ return to meaningful cryptocurrency regulation, particularly the recently passed GENIUS Act. Simultaneously, it has been advocating for a comprehensive global approach to regulating digital assets. Speaking at DigiAssets 2025, Jane Moore of the UK's Financial...

Trump's Crypto Loophole: Is Senate's GENIUS Act a Win for Artists?

Trump's Crypto Loophole: Is Senate's GENIUS Act a Win for Artists?

• Commentary

The Senate's GENIUS Act. Sounds impressive, right? "Guiding and Establishing National Innovation for U.S. Stablecoins." But beneath the shiny acronym lies a nagging question: Whose innovation are we really guiding? And perhaps most importantly, are we doing so at the expense of a whole generation of artists?Let's be blunt: the...

GENIUS Act: Senate Crypto Bill Ignored Trump's Millions. What's Next?

GENIUS Act: Senate Crypto Bill Ignored Trump's Millions. What's Next?

• Commentary

This month’s transportation funding in the Senate passage of the GENIUS Act to regulate stablecoins. Sounds responsible, right? Dig a little deeper. Sixty-eight senators, including some Democrats, gave the thumbs up, but the elephant in the room is glaringly obvious: Donald Trump's crypto dealings. Billions of dollars flow into his...

GENIUS Act Passes Senate: Crypto Regs, Trump's Investments Untouched

GENIUS Act Passes Senate: Crypto Regs, Trump's Investments Untouched

• Facts

The GENIUS Act, short for Guiding and Establishing National Innovation for U.S. Stablecoins, has successfully navigated the Senate, marking a potentially transformative moment for the cryptocurrency industry, especially concerning stablecoins. That bill passed with a strong 68-30 vote. This result marks an increasing bipartisan consensus on the need to rein...

Senate Approves GENIUS Act, Setting Stage for Crypto Regulation Debate in the House

Senate Approves GENIUS Act, Setting Stage for Crypto Regulation Debate in the House

• Regulation

Yesterday the Senate made a huge leap forward to regulating digital assets by passing the Guiding Emerging New Initiatives and Uniform Standards (GENIUS) Act. They did so overwhelmingly, supporting a bipartisan vote of 68-30. The bipartisan bill is backed by influential allies including Cynthia Lummis, R-Wyo. Next stop, the U.S.The...

GENIUS Act's Hidden Danger A Crypto Journalist's Warning

GENIUS Act's Hidden Danger A Crypto Journalist's Warning

• Commentary

As someone who’s spent the past few years wading through the blockchain trenches, sifting signal from noise, let me tell you, the "Guiding and Establishing National Innovation for U.S. Stablecoins of 2025" Act – the GENIUS Act – has me deeply concerned. It's not that regulation is inherently bad. This...

US Blockchain Race: Can Legislation Secure American Leadership?

US Blockchain Race: Can Legislation Secure American Leadership?

• Facts

The United States is at an inflection point in the global race to establish leadership over blockchain technology. Countries such as China, for instance, are accelerating their plans in the blockchain space. If the U.S. doesn’t act decisively, it risks ceding its position as a leader in this extremely transformative...

Illinois Crypto Bill Crushes Dreams of Emerging Artists & Web3 Innovators

Illinois Crypto Bill Crushes Dreams of Emerging Artists & Web3 Innovators

• Commentary

This isn’t really about protecting consumers; it’s about protecting the status quo. Unfortunately, the Illinois Digital Assets and Consumer Protection Act (DACPA) shows us all too well what a harsh, regressive reality looks like. That’s especially true in Senate Bill 1797 and House Bill 742. Yet this legislation, wrapped in...

Illinois Crypto Crackdown? Bills Threaten Tech Innovation

Illinois Crypto Crackdown? Bills Threaten Tech Innovation

• Facts

Illinois is currently debating a piece of legislation that has the potential to be tremendously positive for the blockchain and cryptocurrency industry in the state. Against this backdrop, legislators have introduced the Digital Assets Control and Protection Act (DACPA), a measure intended to regulate digital assets. There’s growing worry that...

Senate Gridlock Stalls Stablecoin Legislation Amidst Partisan Divide

Senate Gridlock Stalls Stablecoin Legislation Amidst Partisan Divide

• Regulation

As it was, the Senate failed to pass the “GENIUS Act” even at this late hour. This bill would have established a regulatory framework for stablecoins but met fierce resistance from Democrats. Stablecoins are a type of cryptocurrency that are pegged to other assets like the U.S. dollar. As legislators...

Japan's "New Capitalism 2025" Plan Signals Regulatory Embrace of Bitcoin and Web3

Japan is strategically positioning itself as a global leader in digital innovation with its updated "New Capitalism 2025" plan, released on April 13. Taken together, this plan represents a major regulatory turning point event toward welcoming Bitcoin and Web3 technologies. The initiative aims to leverage digital assets to solve social...

Japan's Bitcoin Revolution: A Boon for Artists and Web3 Creators?

Is Japan on the verge of accidentally unleashing a tsunami of creative destruction and financial liberation onto the rest of the emerging markets? I know this seems like a tall order, but hear me out. Japan’s regulatory change to officially recognize Bitcoin as a financial product. This step is a...

5 Ways This Crypto Bill Empowers Southeast Asian Artists, Not Wall Street

Let’s be honest, when you hear about crypto regulation, your first thought probably isn't Southeast Asian artists finding new avenues for creative expression. Surely visions of Wall Street honchos and inscrutable derivatives dance in your head. Well, what if I told you that the Senate’s Banking Committee just released their...

Senate Republicans Forge Ahead on Crypto Market Structure Framework

Republican senators working on a new framework for digital assets legislation, riding the positive bipartisan wave in the Senate as of late. This announcement follows the Senate’s passage of a bill to regulate stablecoins last week. It was passing with overwhelming bipartisan support.Senators Tim Scott, Cynthia Lummis, Thom Tillis, and...

Crypto's 'Light-Touch' Regulation Gamble Will It Protect You?

The Senate Committee’s proposed “light-touch” regulatory framework for crypto is a long high-stakes poker game. Are we all truly holding a winning hand, or are we collectively bluffing our way into a future financial crisis? It’s a question every investor, every innovator, and frankly, every citizen should want to know....

Trump Jr. at KBW2025: Web3's Mainstream Moment?

Donald Trump Jr.’s scheduled keynote address at KBW2025 is raising eyebrows and inspiring intense discussion across the Web3 ecosystem. He’s just a high-profile guy shaking things up in the crypto world. His presence further exemplifies the increasing importance of blockchain technology and its potential to revolutionize the traditional economy. Does...

Trump Jr. at KBW2025: Web3's Punk Rock Moment or Sellout?

Or I think about Nandar, a wonderful Burmese artist that I met in Yangon, sharing with me her latest NFT collection. Each work exploded with vivid imagery, bravely fighting back against the junta’s repressive hold. She began selling them directly to supporters around the world, allowing her to cleverly sidestep...

KBW2025: Is Trump Jr. Web3's Trojan Horse or its Savior?

Donald Trump Jr. at Korea Blockchain Week? It's a head-scratcher, isn't it? About as easy as locating a MAGA hat at a Burning Man soirée. Before we put this down as just another short-lived publicity stunt, let’s take a closer look at what this could IoTally Web3 means. Cynical ploy...