Tag: legislation

Crypto Bill Fails: Trump Ties & Democratic Concerns Stall Progress

Crypto Bill Fails: Trump Ties & Democratic Concerns Stall Progress

• Facts

The U.S. Senate has been rocked by the sudden collapse of a long-awaited, bipartisan crypto bill. This retraction resulted from a web of interconnected forces. Worries over the Trump family’s increasing engagement in the cryptocurrency world are escalating. Meanwhile, Democrats have legitimate concerns about corruption and the threat of economic...

Crypto Bill Fails: Did Trump's Crypto Ventures Sink the Deal?

Crypto Bill Fails: Did Trump's Crypto Ventures Sink the Deal?

• Facts

All eyes should be on the increasing complexity of emerging cryptocurrency legislation. Former President Donald Trump’s recent venture into the digital asset space has certainly made waves. The recent demise of the GENIUS Act illustrates the complex intersection of politics and crypto. This bill would have established a regulatory framework...

Senate Crypto Bill Stalls After Bipartisan Efforts Fail to Secure Vote

Senate Crypto Bill Stalls After Bipartisan Efforts Fail to Secure Vote

• Regulation

Senators unsuccessfully attempted to reach a compromise on a bipartisan crypto regulation bill before reaching an impasse. Due to this, the vote to advance the bill in the Senate died. The GENIUS ACT as proposed would establish the U.S.’s first regulatory framework for stablecoins. Such digital tokens are treated as...

US Lawmakers Unveil Comprehensive Crypto Regulation Framework

US Lawmakers Unveil Comprehensive Crypto Regulation Framework

• Regulation

On May 5, 2025, US legislators proposed a new framework for future digital asset rules. The wide-ranging 212-page strategy lays out how the United States plans to treat and regulate digital assets. This ambitious framework would offer much-needed clarity and structure to our rapidly growing cryptocurrency market.I raised some of...

Illinois Crypto Bill: Crushing Southeast Asian Dreams Before They Start?

Illinois Crypto Bill: Crushing Southeast Asian Dreams Before They Start?

• Commentary

Now expand that impact to a young artist in Yangon, Myanmar, who is starting to see a way out of poverty. She’s deeply rooted and utterly visionary, making digital work that mixes Indigenous motifs with cyberpunk adventure. But access to the global art market is a forever dream. Banks are...

Crypto Regulation Incoming? Decoding the House's New Draft Bill

Crypto Regulation Incoming? Decoding the House's New Draft Bill

• Facts

Cryptocurrency is on the cusp of transformative change. The U.S. House of Representatives is in the midst of negotiating new legislation that would more clearly and comprehensively establish a regulatory framework for digital assets. Here’s our breakdown of the major provisions included in this draft bill. It takes a close...

House Republicans Unveil Draft Bill for Crypto Regulation

House Republicans Unveil Draft Bill for Crypto Regulation

• Regulation

House Republicans have released their own draft bill. This legislation would establish a federal framework for regulating cryptocurrency in the United States. This new proposed legislation is a positive step toward further clarifying an often-misunderstood digital asset market. Second, it will promote responsible innovation and fill current regulatory gaps. As...

The House Crypto Bill's Hidden Loophole That Could Gut DeFi

The House Crypto Bill's Hidden Loophole That Could Gut DeFi

• Commentary

House Republicans are pushing their newly-released draft crypto bill as a major inflection point. They argue that it provides long-overdue regulatory clarity to the digital asset space. However, buried underneath its seemingly benevolent provisions is a dangerous loophole. This loophole would by accident kill the decentralized finance (DeFi) industry as...

Senate Advances GENIUS Act, Aiming to Establish Stablecoin Regulation

Senate Advances GENIUS Act, Aiming to Establish Stablecoin Regulation

• Regulation

The U.S. Senate is making a meaningful step toward addressing the regulation of stablecoins with the advancement of the GENIUS Act. This legislation represents a key opportunity to help set the right crypto regulatory framework to foster innovation and protect consumers. It establishes a strong global precedent on the oversight...

McCormick's Bitcoin Investments Under Scrutiny Amid Crypto Legislation

McCormick's Bitcoin Investments Under Scrutiny Amid Crypto Legislation

• Regulation

Dave McCormick, a member of the Senate Banking Committee’s subcommittee on digital assets, has invested up to $1 million in Bitcoin this year, raising questions about potential conflicts of interest as his committee considers cryptocurrency regulation. The subcommittee, now chaired by Cynthia Lummis (R-WY), has been given the responsibility of...

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...