![President Joe Biden Will Veto Legislation Allowing Financial Firms to Custody Bitcoin: White House President Joe Biden Will Veto Legislation Allowing Financial Firms to Custody Bitcoin: White House](https://bitcoinmagazine.com/.image/c_fit,h_800,w_1200/MTg5OTE2MDY1NjgwMDczODIx/tabrez-syed-dbc9dgsjzko-unsplash.jpg)
The Executive Office of US President Joe Biden has announced its stance on proposed legislation, H.J. Res. 109, that would allow highly regulated financial firms to act as custodians for Bitcoin and other cryptocurrencies. JUST…
![Argentinians Buy Bitcoin to Combat Inflation, Pass Friendly Legislation Argentinians Buy Bitcoin to Combat Inflation, Pass Friendly Legislation](https://bitcoinmagazine.com/.image/c_fit,h_800,w_1200/MjA1Mjk4NDI1Mjg0MDExNTE4/default_argentinians_bypassing_inflation_with_bitcoin_0.jpg)
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis…
![Stablecoin bill is a ‘no-brainer’ — Consensys director on US legislation Stablecoin bill is a ‘no-brainer’ — Consensys director on US legislation](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-11/495739f0-f475-4cb0-8c30-b3c62cce1720.jpg)
Amid ongoing campaigns for the elections in 2024, many United States lawmakers have not sealed the deal on legislation aimed at establishing regulatory clarity on aspects of the digital asset space, including stablecoins….
![AB 39 & SB 401: An Analysis Of Pending California Legislation For Bitcoin Exchanges AB 39 & SB 401: An Analysis Of Pending California Legislation For Bitcoin Exchanges](http://bitcoinmagazine.com/.image/c_limit,cs_srgb,h_1200,q_auto:good,w_1200/MTk0MzI5NzY4OTU4MTc0ODk3/bitcoin-legal-regulation.png)
In the heart of Sacramento, a quiet drama unfolds. As California’s legislative session concludes, two pivotal crypto regulatory bills, AB 39 and SB 401, stand on the cusp of becoming state law. These…
![Why Has Stablecoin Legislation Stalled? Blockchain Association CEO Explains Why Has Stablecoin Legislation Stalled? Blockchain Association CEO Explains](https://img.decrypt.co/insecure/rs:fill:1024:512:1:0/plain/https://cdn.decrypt.co/wp-content/uploads/2023/09/Kristin-Smith-Blockchain-Association-gID_7.jpg@png)
“Let innovation happen,” said Kristin Smith, CEO of the Blockchain Association, arguing that rules and regulations surrounding stablecoins and cryptocurrency are often counterproductive. Smith sat down with Decrypt at this year’s Messari Mainnet…
![Stablecoin Legislation Is Being Held Back by Democrats Stablecoin Legislation Is Being Held Back by Democrats](https://s32659.pcdn.co/wp-content/uploads/2023/02/bic_Stablecoins_neutral_1.png)
US lawmakers advocating for stablecoin regulations have accused the Democrats of obstructing the process. Moreover, concern is growing that stablecoin legislation could open the door for tech giants to issue their own stablecoins….
![Pro-Bitcoin Legislation Reigns Victorious In Texas This Year As The Legislative Session Ends Pro-Bitcoin Legislation Reigns Victorious In Texas This Year As The Legislative Session Ends](http://bitcoinmagazine.com/.image/c_limit,cs_srgb,h_1200,q_auto:good,w_1200/MTg1MDk0MzA2Njg2NjQxNDk3/img_7058.png)
Bitcoin policy advocates celebrated several victories in the recent quarter, including the success of Texas SB 1929, a pro-mining bill, and the defeat of Texas SB 1751, an anti-mining bill. VP of Research…
![Circle exec to join US Congressional committee hearing on stablecoin payments, legislation Circle exec to join US Congressional committee hearing on stablecoin payments, legislation](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1200/https://s3.cointelegraph.com/uploads/2023-04/2c159fa5-683b-4d45-a02c-bdf3cc53b8ca.jpg)
The United States House Committee on Financial Services a.k.a the Financial Services Committee will hold a hearing on April 19 to discuss stablecoins’ position as a means of payment and whether or not…
![Internal documents reveal Australia’s potential timeline for crypto legislation: Report Internal documents reveal Australia’s potential timeline for crypto legislation: Report](https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1200/https://s3.cointelegraph.com/uploads/2023-03/666fe2a3-404e-46a8-b139-8960a8dac796.jpg)
Crypto legislation in Australia could be dragged out past 2024 and beyond, with the government seemingly wanting to take its time in order to get a full picture of the industry, internal documents…
![The Central African Republic Appoints a Committee to Design Crypto Legislation The Central African Republic Appoints a Committee to Design Crypto Legislation](https://cryptopotato.com/wp-content/uploads/2023/01/Central_African_Republic.jpg)
One of the poorest countries – the Central African Republic (CAR) – formed a team of 15 agencies, whose responsibility will be to draft a “comprehensive” cryptocurrency bill. The nation made the headlines…
![Rep. McHenry gives progress report on stablecoin legislation, says it’s an ‘ugly baby’ Rep. McHenry gives progress report on stablecoin legislation, says it’s an ‘ugly baby’](https://images.cointelegraph.com/images/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTAvMzJhYWQxOWMtNTBlZC00MzExLTg0YzgtMjYzODYzYWM1ZjczLmpwZw==.jpg)
Patrick McHenry, ranking member of the United States House of Representatives Financial Services Committee, thinks the “conversation has become unmoored” regarding financial technology and needs to return to solving real-world problems. He is…