The Arizona Senate has voted to revive House Bill 2324, a Bitcoin reserve bill that initially failed in the House.
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US President Donald Trump wants House members to pass the key stablecoin bill “LIGHTNING FAST” so that he can sign it into law.
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The California State Assembly passed a bill that would allow state agencies to accept crypto for payment in a unanimous 68-0 vote, which will now head to the Senate.
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The Genius Act could boost the US dollar's dominance in Web3 by enforcing 1:1 stablecoin backing and compliance, according to a Foresight Ventures report.
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US Representative Bryan Steil wants lawmakers to hold off adding non-relevant items into crypto bills, arguing that political scandals should stay out of legislative text.
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A Bitcoin reserve bill passed by the Texas Senate has made progress in the House, advancing out of committee to head to the floor.
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The latest crypto markets draft bill could democratize crypto participation due to a rule that would require crypto project members to disclose crypto token holdings above 1% of total supply.
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Arizona’s Strategic Digital Assets Reserve Bill is one vote away from hitting Governor Katie Hobbs’ desk, though she has been recently vetoing bipartisan bills.
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The bill seeks to legalize cryptocurrency payments using Bitcoin, Ethereum, Litecoin and Bitcoin Cash, but may mandate an an additional state “service fee” for these transactions.
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The bill aims to set regulatory standards for crypto firms operating in the state and curb "deceptive practices" associated with recent memecoin scams.
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North Carolina lawmakers have introduced twin bills in the House and Senate which could see up to 5% of crypto assets allocated to state retirement funds.
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Senator Cynthia Lummis reintroduced the BITCOIN Act in the 119th Congress, bringing on new co-sponsors and changes to the landmark bill.
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Utah lawmakers have passed a Bitcoin bill after amending it to remove a section that would have authorized the state treasurer to invest in Bitcoin.
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New Hampshire’s Bitcoin bill will now be voted on in the House after its House commerce committee voted in favor of the bill in a 16-1 vote.
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US Senator Cynthia Lummis expects progress toward a Bitcoin reserve to be slower at the federal level.
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