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Legislation
Key US Lawmaker Says Talks Continue Over ‘Ugly Baby’ Bill to Oversee Stablecoins
After months negotiating legislation to establish U.S. oversight, Rep. Patrick McHenry signals the challenges ahead for the effort next year.
Push to Enhance CFTC’s Crypto Watchdog Role Gets a Boost in US Congress
Rep. Sean Patrick Maloney, a Democrat in the House Agriculture Committee, introduced a bill to match the Senate’s earlier Stabenow-Boozman legislation
Here’s What’s In the White House’s Crypto Reports
The White House published six reports and a framework. Here’s what they said.
EU Finalizes Legal Text for Crypto Regulations Under MiCA
The European Union has finalized the full text of its landmark Markets in Crypto Assets (MiCA) legislation. A leaked draft verified by CoinDesk urges EU enforcers to take a “substance over form” approach to the law. “The Hash” panel discusses the key provisions that could apply to some assets categorized as non-fungible tokens (NFTs).
Australian Senator Proposes Crypto Bill Targeting China's Digital Yuan
The proposal lays out disclosure requirements for banks that could make China's central bank digital currency available for use in Australia, and seeks to set up licensing frameworks for stablecoin issuers.
House’s Stablecoin Bill May Face Fatal Delays for 2022 Progress
Internal plans to release a draft by this week were put off as the factions remain too far apart in negotiations, sources say.
California Assembly Passes Crypto Regulation Bill That Requires Bank-Issued Stablecoins
The Digital Financial Assets Law, which is similar to New York’s BitLicense, has been criticized by industry stakeholders.
