Senate advances stablecoin bill with bipartisan support
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. Senator Bill Hagerty’s GENIUS Act — aiming...
Senate
Senate Banking Committee advances GENIUS stablecoin bill
The United States Senate Banking Committee elected to advance the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act...
US House follows Senate in passing resolution to kill IRS DeFi broker rule
The US House of Representatives has voted in favor of nullifying a rule that would have required decentralized finance (DeFi)...
Senate, House lawmakers reintroduce Bitcoin Act legislation to accumulate 1 million BTC
Senator Cynthia Lummis reintroduced legislation that would authorize the US government to acquire up to 1 million Bitcoin (BTC), formalizing...
Texas Senate passes Bitcoin reserve bill, New York targets memecoin rug pulls: Law Decoded
The Texas Senate passed the Bitcoin strategic reserve bill SB-21 on March 6. This followed a debate in which State...
Utah’s Senate passes Bitcoin bill — but scraps key provision
Utah’s Bitcoin bill has passed the state Senate, but without its cornerstone, a clause that would have made it the...
Texas’ Bitcoin Reserve Bill Passes Senate Vote With 80% In Favor
Texas Bitcoin Reserve proposal passed a Senate vote with 25 out of 30 votes in favor. It will require another...
Texas senate passes bill enabling Bitcoin investments with public funds
Texas has moved a step closer to holding Bitcoin (BTC) as a reserve asset, with the state senate passing a...
Texas Strategic Bitcoin Reserve Bill Passes The Senate
Today, the Texas Senate has passed SB 21, a bill aimed at creating a strategic Bitcoin reserve for the state,...
US Senate Strikes Down IRS Crypto Rule With White House Support—DeFi Just Won a Huge Battle
The U.S. Senate overwhelmingly rejected an IRS crypto rule targeting DeFi, dealing a major blow to regulations critics say would...