![North Carolina House Advances Bill To Study Virtual Currency Including Bitcoin North Carolina House Advances Bill To Study Virtual Currency Including Bitcoin](http://bitcoinmagazine.com/.image/c_limit,cs_srgb,h_1200,q_auto:good,w_1200/MTkwNDI3MzM2NzA3OTQxNjI1/flag-freedom-nation-adventure-innovation.png)
The North Carolina House of Representatives has passed House Bill 721, which includes provisions to study the acquisition and potential benefits of virtual currency, with a specific focus on Bitcoin. The bill, titled…
![US lawmakers aim for crypto regulatory clarity with proposed bill putting the screws to SEC US lawmakers aim for crypto regulatory clarity with proposed bill putting the screws to SEC](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-06/9bc51ead-a6b8-47b4-86d8-e123650fef69.jpg)
Lawmakers with the United States House Financial Services Committee and House Agriculture Committee have released a draft discussion offering certain crypto assets a pathway to being labeled digital commodities. According to a discussion…
![Texas proof-of-reserve bill passes through the Senate Texas proof-of-reserve bill passes through the Senate](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-05/04649edc-92d0-488c-aa18-6243a32f07b8.jpg)
The legislation that could oblige exchanges to maintain reserves “in an amount sufficient to fulfill all obligations to customers” made it one step closer to reality in the state of Texas. The bill…
![U.S. Senators Introduce Bill Requiring Reports On El Salvador’s Bitcoin Adoption U.S. Senators Introduce Bill Requiring Reports On El Salvador’s Bitcoin Adoption](http://bitcoinmagazine.com/.image/c_limit,cs_srgb,h_1200,q_auto:good,w_1200/MTkyODY4MzAyMTgyMTY0MTc2/legal-justice.png)
A group of United States senators have introduced a bill requiring reports on the adoption of bitcoin as legal tender in El Salvador. The “Accountability for Cryptocurrency in El Salvador Act,” introduced by…
![Texas Passes Amendments Adding Crypto to Bill of Rights Texas Passes Amendments Adding Crypto to Bill of Rights](https://assets.bitdegree.org/images/texas-legislators-agree-to-add-crypto-in-the-states-bill-of-rights-featured.jpg)
139 legislators voted in favor of the proposed amendments, with only two being against it. On May 10th, the lawmakers in Texas hosted a vote proposing to amend the state’s Bill of Rights…
![Montana Passes Bill Protecting Bitcoin Mining From Undue Requirements Montana Passes Bill Protecting Bitcoin Mining From Undue Requirements](http://bitcoinmagazine.com/.image/c_limit,cs_srgb,h_1200,q_auto:good,w_1200/MTkzMzUxMjcwOTg2MTYzNzc5/mining-pick-axe.png)
Montana has ratified legislation that protects the right to mine bitcoin, a win for sound money in the midwestern state. The Montana legislature has passed a bill that protects the right to mine…
![South Korean New Crypto Bill Passes the First Phase South Korean New Crypto Bill Passes the First Phase](https://assets.bitdegree.org/crypto/storage/optimized/south-korea-is-moving-forward-with-new-stricter-crypto-regulations-featured.jpg)
If crypto-related entities fail to comply with the upcoming rules, they could face hefty fines and imprisonment. In a first-phase review, South Korean legislators approved a proposed bill that would give the Financial…
![Texas House of Representatives Passes Bill Requiring Proof of Reserves for Crypto Exchanges Texas House of Representatives Passes Bill Requiring Proof of Reserves for Crypto Exchanges](https://cryptopotato.com/wp-content/uploads/2022/07/Texas.jpg)
On April 21, the Texas House of Representatives approved a bill requiring cryptocurrency exchanges to maintain sufficient reserves to fulfill their clients’ payment obligations. According to the announcement by the Texas House of…
![North Carolina House Introduces Bill That Would Prohibit Payment To The State In Bitcoin North Carolina House Introduces Bill That Would Prohibit Payment To The State In Bitcoin](http://bitcoinmagazine.com/.image/c_limit,cs_srgb,h_1200,q_auto:good,w_1200/MTkxNTY1MTQ0NDExNjEyODM1/ac-btc.png)
House Bill 690, “No Cryptocurrency Payments to State,” would stop citizens of North Carolina from paying the state using bitcoin. The General Assembly of North Carolina has introduced a bill that would ban…
![Democrats Are Not Happy With House Committee’s Draft Stablecoin Bill Democrats Are Not Happy With House Committee’s Draft Stablecoin Bill](https://cryptopotato.com/wp-content/uploads/2021/08/USCongress.jpg)
Democrats blasted draft legislation regarding stablecoins on Wednesday for not being as “bipartisan” as initially planned. The bill, created by Reps. Maxine Waters (D-Calif.) and Patrick McHenry (R-N.C.) last year, was praised by…