U.S. Representatives Tom Emmer and Darren Soto are proposing new legislation called The Securities Clarity Act aimed at clarifying regulations for digital assets. Currently, laws do not separate digital assets from the securities contracts they might be tied to, creating issues for cryptocurrencies that evolve from being classified as securities to potentially being treated as ...
U.S. House Majority Whip Tom Emmer and Rep. Bryan Steil are leading a group of nearly 100 Republicans to introduce new legislation aimed at banning central bank digital currency (CBDC) in the United States. They argue that a government-issued CBDC could lead to unwanted surveillance and threaten Americans’ privacy rights. Emmer emphasizes the need for ...
TikTok is set to shut down its app for users in the U.S. this Sunday, pending a possible Supreme Court intervention against a federal ban. While the law allows existing users to continue using the app, TikTok plans to implement a complete shutdown, showing users a message that guides them to a website explaining the ...
