South Korea has delayed its Digital Asset Basic Law till 2026, as regulators are still divided over stablecoin oversight authority, as revealed by legislative sources. The policymakers have halted the crypto legislation as the Financial Services Commission and the Bank of Korea carry on clashing over control of stablecoin reserves
A major hurdle has been thrown in South Korea’s quest to give its digital assets regulatory oversight, as ministers are yet to agree on how to deal with stablecoins, delaying the proposed crypto legislation into next year. According to Yonhap News Agency, there have been hold-ups in the progress of
Wisconsin lawmakers have proposed bills to alleviate challenging licensing requirements for cryptocurrency participants in the state. Assembly Bill 471 would relieve residents and businesses of the responsibilities of being licensed as money transmitters for activities with digital assets, such as mining or staking. The proposal is a meaningful effort to
U.S. lawmakers are moving closer to passing significant cryptocurrency legislation as members of the House Financial Services Committee prepare to mark up the Digital Asset Market Clarity Act of 2025 (CLARITY Act). A critical amendment introduced ahead of the hearing proposes exemptions for certain blockchain developers, marking a step forward
Four new cryptocurrency Bills Named 4510, 4511, 4512, and 4513 were introduced in the Michigan legislature, as of May 23. The introduction of the new bill marks the combined effort to define the approach of state to cryptocurrency. Representative Bill Schutte introduced House Bill 4510 and it is focused on
In a landmark move for state-level cryptocurrency adoption, the Texas House of Representatives on Tuesday advanced Senate Bill 21, aimed at establishing a state-managed Bitcoin reserve. The bill passed its second reading with a strong 105-23 vote, gaining bipartisan backing and edging closer to becoming law. The proposed legislation Texas
Nebraska is poised to join the growing list of U.S. states taking a firmer stance on crypto mining. On Tuesday, legislators voted unanimously to pass LB 526, legislation directed at curbing massive-scale cryptocurrency mining operations with high power consumption. The bill sailed through its last legislative hurdle with a 49-0
The House Republicans have introduced a new Digital Asset Market Structure Discussion Draft on May 5. The draft is focused on cutting the dominance of big crypto companies and increasing participation in the wider market, according to an official from Paradigm. Glenn Thompson and French Hill, the House agricultural and
Arizona’s Strategic Digital Assets Reserve Bill SB 137, has moved closer to becoming law after clearing the House Committee of the Whole on April 17. The bill now heads for a final House reading and floor vote. If approved, it will be forwarded to Governor Katie Hobbs for official review.
Lawmakers in North Carolina have announced a new bill aimed to allow the use of digital assets in official economic functions. The proposal named Digital Asset Freedom Act, allows digital assets to be used in payment of taxes all around the state. In addition to that, the bill offers a
