U.S. Senate Passes Stablecoin Bill The GENIUS Act

U.S. Senate Passes Stablecoin Bill The GENIUS Act

The Senate of the United States has passed the law on guide and institution of national innovation for US Stablecoins (Genius) (S. 394) with a vote of 68-30, establishing the first global federal framework for Stablecoins supported by Fiat. Bipartisan legislation was introduced by Senator Bill Hagerty and co-sponsored by senators Tim Scott, Kirsten Gillibrand … Read more

Kentucky Senate Passes Bill Protecting Bitcoin Self-Custody Rights

Kentucky Senate Passes Bill Protecting Bitcoin Self-Custody Rights

Last night, the Kentucky Senate unanimously approved a bill aimed at protecting Bitcoin self -possessing rights and mining digital activities mining operations. With a decisive vote of 37-0, the legislation, entitled An act relating to Blockchain digital resources (HB 701), now moves to the governor’s desk for the final approval. New: πŸ‡ΊπŸ‡Έ Kentucky Senato approves … Read more

Texas Strategic Bitcoin Reserve Bill Passes The Senate

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Today, the Senate of Texas has approved SB 21, a bill aimed at creating a strategic Bitcoin reserve for the state, with a vote of 25-5. The bill will now advance to Texas House for further considerations. The lieutenant governor of Texas Dan Patrick identified SB 21 as a priority bill for the legislative session … Read more

Czechia Passes Crypto-Friendly Laws, Exempts Bitcoin From Capital Gains Tax

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Czechs or the Czech Republic is about to welcome a new law that exempt Bitcoin and other digital assets from the capital of capital gains if it is held for more than three years. On February 6, 2025, President Peter Paville signed a friendly legislation for law. The legislation was signed only after its approval … Read more