Follow crypto legislation news, proposed bills, lawmaker debates, and policy frameworks shaping the future of digital assets.
Paul Krugman believes that the ‘only economic reason’ to use stablecoins is that they ‘facilitate criminal activity.’
Monika Ghosh 4 min read 
The proposal also establishes a four-year safe harbor for primary token offerings if the underlying network reaches mature status and the total raise stays below $75 million during any 12-month window.
The Texas Bitcoin reserve bill progresses with extended asset qualification period and removal of staking clause.
Lummis added that pairing domestic crypto mining with federal accumulation would give Washington a “geopolitical advantage.”
Tether's CEO said USDT will remain focused on the unbanked outside U.S. while the separate stablecoin will serve the U.S. market.
Industry insiders interpret Abbott's actions as strong support for a state-managed Bitcoin reserves.
The blueprint focus on integrating Bitcoin into the US economy, providing regulatory clarity, and boosting mining.
US lawmakers made efforts to advance crypto regulation in the country on May 21.
Following the Senate vote, the legislation will be sent to Governor Greg Abbott's desk for his final approval before it can become law.
