Tag: draft

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South Korea Eyes FX Oversight for Stablecoins in Draft Bill

South Korea’s ruling Democratic Party is reportedly preparing a draft bill that would classify stablecoins as foreign exchange payment instruments and require tokenized real-world...

US Treasury Rolls Out Draft Rule To Implement GENIUS Act Compliance Program

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US Treasury on Wednesday released a joint proposed rule from the...

Upcoming Crypto Market Structure Bill Draft Teased, Coinbase Readies Counterproposal

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Congressional sources told Eleanor Terrett of Crypto In America on Friday that...

Latest Clarity Act Draft Bans Rewards on Passive Stablecoin Balances

Activity-based rewards are allowed, but anything ‘economically equivalent to interest’ is barred.Crypto industry leaders reviewed the draft stablecoin yield language in the Digital Asset...

Libra Case: $5 Million Agreement Draft Recovered From Seized Phone

An alleged draft for a $5 million economic agreement to secure the support of Argentine President Javier Milei for the people behind Libra has...

Vietnam Draft Rules Propose 0.1% Tax on Crypto Transfers

Vietnam is preparing to introduce a tax framework for cryptocurrency transactions that would align digital assets with securities trading, according to a draft policy...

Hong Kong Regulators to Submit Draft Bill for Crypto Framework in 2026

Christopher Hui, Secretary for Financial Services and the Treasury of Hong Kong, said local financial regulators are planning to submit a draft framework related...

Senate Agriculture's crypto market structure draft peppered with Democrat pitches

The latest draft of the major crypto legislation has begun to be targeted with amendments as the Senate Agriculture Committee approaches its hearing next...

Senate Ag Committee Unveils Crypto Market Structure Bill Draft, Markup Set For Jan. 27

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Following the unsuccessful markup of the long-awaited crypto market Structure bill (CLARITY...

Coinbase CEO Strongly Opposes Senate’s Crypto Bill Draft

Armstrong withdrew support for the draft legislation, claiming that it could restrict tokenized equities, DeFi, and stablecoin rewards.Coinbase CEO and co-founder Brian Armstrong said...

Senator Lummis offers DeFi protections bill as broader market structure draft nears

Senator Cynthia Lummis introduced a standalone bill to press a key point on how blockchain software developers are treated, though crypto market structure observers...