A new bill from Democratic lawmakers in Wisconsin aims to boost innovation in financial services, particularly in the area of cryptocurrency. Led by Senator Dora Drake and Representative Russell Goodwin, the Wisconsin Innovation Network bill focuses on educating the public and providing a regulatory framework to support entrepreneurs exploring cryptocurrency applications. During a recent forum, ...
Bitcoin ATMs are facing scrutiny due to rising scams, with incidents reported across the U.S. and Australia. Scammers trick victims into depositing money into these machines, often leading to significant financial loss with little recourse for recovery. Some regions, like Arizona and Minnesota, are pushing legislation to combat these scams, while states like Nebraska are ...
US President Donald Trump has shifted focus to cryptocurrency as a key part of his economic strategy, marking a significant change for the blockchain industry. This was highlighted during a White House Crypto Summit on March 7, where Trump announced plans to prioritize crypto policy and establish the US as a global leader in blockchain ...
Texas Senator Charles Schwertner has introduced a new Bitcoin reserve bill called “SB 21,” eliminating the previous $500 million annual purchase limit and allowing the state to invest more in Bitcoin and other cryptocurrencies with a Market cap above $500 billion. This updated legislation moves beyond just holding Bitcoin as a strategic asset; it enables ...
A local lawmaker in South Dakota, Rep. Logan Manhart, has introduced House Bill 1202, which aims to allow the state to invest in Bitcoin, a popular cryptocurrency. Manhart describes Bitcoin as a digital asset, likening it to “digital gold.” He believes that investing in Bitcoin could help protect against inflation, noting that many companies have ...
On February 6, Utah’s House of Representatives approved House Bill 230, known as the “Strategic Bitcoin Reserve” bill, with a close vote of 38 to 34. This bill allows the state treasurer to invest up to 5% of public funds in digital assets with a Market cap over $500 billion or approved stablecoins. It includes ...
The Czech Republic has approved a new amendment that allows individuals to exempt certain income from cryptocurrency transfers from personal taxation, starting January 1, 2025. To qualify for this exemption, individuals must ensure their gross annual income from crypto transactions does not exceed CZK 100,000 and that they hold the digital assets for more than ...
The Missouri Senate has introduced a new bill, SB 194, aimed at banning central bank digital currencies (CBDCs) as legal tender in the state. Sponsored by Senator Brattin, the bill proposes that public entities cannot accept or use CBDCs, while also changing the definition of “money” to exclude these digital currencies. Additionally, it requires the ...
Law enforcement in the U.S. is intensifying efforts to combat child sexual abuse imagery created using artificial intelligence. This includes disturbing cases where images of real children are manipulated or entirely virtual children are generated to depict sexual acts. The Justice Department is actively pursuing cases against offenders, stating that existing federal laws can be ...
U.S. law enforcement is intensifying efforts to combat the disturbing rise of child sexual abuse images created using artificial intelligence. Offenders, including a soldier and a psychiatrist, have been arrested for producing explicit imagery, either by manipulating real photos or generating virtual ones. The Justice Department asserts that current laws can be applied to AI-generated ...
