Category: Passes
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Utah’s Bitcoin Reserve Bill Passes Senate – One Vote Left
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The race has been taken to create Bitcoin as a strategic reserve asset at the state level a decisive step forward in Beehive. On February 20, the House of Representatives Law (HB230), also known as “innovation and digital innovation modifications”, issued the Senate Revenue and Tax Committee in a 4-2-1…
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Utah’s Bitcoin Reserve Bill Passes Senate – One Vote Left
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The race has been taken to create Bitcoin as a strategic reserve asset at the state level a decisive step forward in Beehive. On February 20, the House of Representatives Law (HB230), also known as “innovation and digital innovation modifications”, issued the Senate Revenue and Tax Committee in a 4-2-1…
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Bitcoin Reserve Bill Passes House, Heads To Senate
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On February 6, the House of Representatives in Utah approved the House of Representatives Law 230 (HB 230), and is informally referred to as the Bitcoin Strategic Bill Bill, with a narrow margin of 38 votes in favor of, 34 against, and 3 does not vote. HB 230 will now…
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El Salvador Passes Change to Bitcoin Law, Sparking Bond Gain
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(Bloomberg) – The dollar bonds in El Salvador in emerging markets increased on Thursday after legislators agreed to changes to the Bitcoin law in the country, which was necessary to secure an international cash fund loan. Most of them read from Bloomberg Government debt through the curve gained, with notes…
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Knesset C’ttee passes amendment on canceled flights compensation
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The Knesset Economics Committee approved an amendment to the Aviation Services Law, which would facilitate compensation conditions for passengers whose flights were cancelled. Foreign airlines are demanding the change due to the frequent need to cancel flights during the war and the high cost of providing alternative flights to passengers…
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Finance C’ttee passes trapped profits taxation bill
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The Knesset Finance Committee approved the major reform in the 2025 budget. After a lengthy campaign against the move by business organizations, a majority of Knesset members in the committee voted in favor of the complex law that will enable the state to collect taxes on an estimated NIS 150…
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Knesset passes budget first reading as Ben-Gvir votes against
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Last night, the Knesset passed the first reading of the 2025 budget by a narrow majority of 59 votes to 57, although National Security Minister Itamar Ben Gvir voted against the bill. The budget will now be discussed by the Knesset Finance Committee before being returned to the Knesset General…
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Bitcoin Passes $106K As Coinbase Premium Drops – Metrics Reveal Unusual Activity
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Bitcoin rose to a new all-time high today, reaching $106,533 and cementing its position as a market leader in this ongoing rally. Price action has been exceptionally bullish, providing only three quick opportunities for investors to buy small dips in recent weeks. This continued bullish momentum has gripped the market…
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New stock records as storm passes and CPI due
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A look at the day ahead in the US and global markets from Mike Dolan With US stocks soaring to new highs and devastating Hurricane Milton now weakening as it passes over Florida, the variable US interest rate horizon is back in focus with a key September inflation update due…
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US House passes bill targeting China that would limit EV tax credits By Reuters
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By David Shepardson WASHINGTON (Reuters) – The U.S. House of Representatives narrowly approved legislation on Thursday to tighten rules limiting Chinese content in vehicles eligible for U.S. electric vehicle tax credits. The House voted 217-192 to approve the bill, which has not been taken up in the Senate, to tighten…
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US bill to restrict business with China’s WuXi AppTec, BGI passes House By Reuters
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By Karen Freifeld (Reuters) – The U.S. House of Representatives on Monday passed a bill aimed at restricting transactions with China’s WuXi AppTec, BGI and several other biotech companies on national security grounds. The first floor vote was on the Biosecurity Act, which would ban federal contracts with targeted companies…
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US House Passes FIT21 Bill In A Landmark Policy Shift Towards Embracing Crypto
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In a significant pivot towards embracing digital assets, the US House of Representatives recently passed the Financial Innovation and Technology for the 21st Century Act (FIT21 bill), signaling a noteworthy shift in policy towards the burgeoning sector of crypto. This landmark legislation, marked by its bill number 4763, not only…
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US House Passes FIT21 Bill In A Landmark Policy Shift Towards Embracing Crypto
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In a significant pivot towards embracing digital assets, the US House of Representatives recently passed the Financial Innovation and Technology for the 21st Century Act (FIT21 bill), signaling a noteworthy shift in policy towards the burgeoning sector of crypto. This landmark legislation, marked by its bill number 4763, not only…
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Sweeping FIT21 Crypto Bill Passes
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The Congress Passed The Financial Innovation and Technology for the 21st Century (FIT21) Act passed by 279 to 136. The bill, seen as a major win for the cryptocurrency industry, aims to create a long-awaited regulatory framework for digital assets in the United States. FIT21: Bipartisan support, but hurdles remain…
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House Passes FIT21 Bill To Provide Crypto Legal Clarity With Two Thirds Majority
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The US House of Representatives on Monday passed legislation that will provide long-awaited legal clarity on how crypto assets are classified, registered and custody. The bill, titled the Financial Innovation and Technology for the 21st Century (FIT21) Act, received near-unanimous support from Republicans along with an additional 71 votes from…
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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…