Category: bill
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FIT21 bill passed by US House of Representatives
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The US House of Representatives approved the FIT21 bill by a vote of 279 to 136, advancing it to the Senate. This initial approval of the Financial Innovation and Technology for the 21st Century (FIT21) Act could significantly impact the cryptocurrency market, indicating bullish sentiment across the market. This bill…
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White House Eager To Work With Congress On Crypto Framework Bill
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Today, the Executive Office of United States President Joe Biden issued an Administration Policy Statement on legislation HR 4762 – the Financial Innovation and Technology Act 21 (FIT 21), which aims to create clear guidelines for digital assets. JUST IN: ?? The White House is eager to work with Congress…
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Oklahoma passes bill protecting rights to self-custody crypto
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Oklahoma passed a bill to protect residents’ rights to self-custodial digital assets, including cryptocurrencies, effective November 1. The legislation is known as OKHB3594It was signed into law by Gov. Kevin Stitt and supported by Republican lawmakers, including state Sens. Bill Coleman and Dana Brito, and state Reps. Brian Hill and…
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Oklahoma passes bill protecting rights to self-custody crypto
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Oklahoma passed a bill to protect residents’ rights to self-custodial digital assets, including cryptocurrencies, effective November 1. The legislation is known as OKHB3594It was signed into law by Gov. Kevin Stitt and supported by Republican lawmakers, including state Sens. Bill Coleman and Dana Brito, and state Reps. Brian Hill and…
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Senate Passes Bill to Overturn SEC Rule on Bitcoin And Crypto Custody, Biden Threatens Veto
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Moments ago, the Senate passed HJRes legislation. 109 would repeal the SEC’s Staff Accounting Bulletin (SAB) No. 121, preventing highly regulated financial companies from sponsoring Bitcoin and other cryptocurrencies. The legislation passed by a vote of 60 to 38, showing bipartisan support for the measure. BREAKING: ?? Legislation that would…
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Senate Passes Bill To Scrap Anti-Crypto Banking Policy
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The US Senate passed a resolution on Tuesday to overturn a de facto ban preventing banks in the country from offering cryptocurrency custody services. The vote sparked cautious optimism from Bitcoin’s most ardent supporters online and in Congress, who remain wary of the possibility of a presidential office veto. Will…
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Senate Passes Bill To Scrap Anti-Crypto Banking Policy
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The US Senate passed a resolution on Tuesday to overturn a de facto ban preventing banks in the country from offering cryptocurrency custody services. The vote sparked cautious optimism from Bitcoin’s most ardent supporters online and in Congress, who remain wary of the possibility of a presidential office veto. Will…
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Meet the Stock-Split Stock That Makes Up 23% of Billionaire Bill Ackman’s $11 Billion Portfolio
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When it comes to hedge fund managers, Bill Ackman is in a class by himself. He etched his name in Wall Street history by bucking hedge fund norms, acquiring large stakes in a few companies, and holding them for the long term. Furthermore, as a well-known activist investor, he sometimes…
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Biden Admin To Kill Republican Bill Letting U.S. Banks Custody Crypto
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Republican-led efforts to free up US banks to offer cryptocurrency custody services have been shut down by the Democratic-led White House. On Wednesday, the House discussed and prepared to vote on House Resolution 109 (HJ Res. 109), which would rescind prior accounting guidance from regulators to banks that plan to…