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Following the policymaker’s survey, U.S. Representative Thomas Massie (R-Ky.) announced the introduction of H.R. 8421, known as the “Federal Reserve Board Abolition Act.” This legislation aims to dismantle the Board of Governors of the Federal Reserve and close its branches across the continental United States. Federal Reserve Board Abolition Act Resurfaces Two days ago, Massie, … Read more
On May 15, Thomas Massie, a Republican member of the United States House of Representatives, posted on X, inquiring whether he should introduce legislation to abolish the U.S. Federal Reserve. The poll garnered over 115,000 votes, with a significant 86% majority opting to “end the Fed.” Rep. Thomas Massie Questions Introducing Bill to Abolish U.S. … Read more
Turkey was expected to introduce crypto legislation in early 2024, but the local parliament is yet to report on the process. Go to Source
The bill complements one already on the governor’s desk that regulates digital assets owned by individuals. Go to Source
The former presidential candidate spoke at NABS about opportunities the United States may be missing to blockchain and AI for public good. Go to Source
Furthermore, the act aims to explicitly forbid U.S. government officials from engaging in transactions with iFinex, the parent company of USDT issuer Tether. Go to Source
Rep. Tom Emmer added a provision in the House GOP spending bill that would block the SEC from using government funds to pursue crypto companies until Congress weighs in on who has jurisdiction over crypto. Go to Source
Besides being short on crypto specialists, the SEC OIG noted a litany of problems that are already familiar – lack of legislative clarity, lack of interagency coordination, etc. Go to Source
The new tokens join the ranks of BTC, ETH and LTC for use by the 4,000-plus companies located in the zone, which is considering new legal measures as well. Go to Source
The SEC’s Staff Accounting Bulletin 121 has been the target of much criticism in the crypto community. Go to Source
