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Texas Ethics Commission seeks pro-crypto rule for political contributions

The proposal was filed with the Texas Secretary of State, which sought to address and clarify the reporting requirements of political contributions made with cryptocurrencies. According to the filing:“The new rule permits candidates, officeholders, and political committees to accept cryptocurrency. It does not distinguish between any types of cryptocurrencies, like

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Pro-crypto senator Cynthia Lummis discloses up-to-$100K BTC purchase

United States Senator Cynthia Lummis, a Republican from Wyoming, has revealed that she purchased Bitcoin (BTC) worth between $50,001 and $100,000 on Aug. 16, according to documents filed on Thursday. The disclosure was part of the Stop Trading on Congressional Knowledge Act, or STOCK Act, which prohibits the use of non-public

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Pro-Crypto Senator Lummis Discloses Bitcoin Purchase Worth Up to $100K — CoinDesk

The senator previously served eight years as Wyoming’s state treasurer and told CryptoX last year that during her time as treasurer she had always been looking for “something that was a good store-of-value.” Her son-in-law and his friends helped educate the senator about bitcoin’s potential as a store-of-value, she said,

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Pro-Crypto Senator Lummis Says Stablecoins Should Be Audited — CoinDesk

The two largest stablecoin issuers – Circle and Tether – have revealed that their products were backed by a combination of cash, cash-like products, short-term securities and commercial paper. In attestations published earlier this year, Tether executives announced that roughly half of Tether’s reserves are held in commercial paper, while

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2 Senators introduce pro-crypto amendment to infrastructure bill; industry says it’s not enough

United States senators Mark Warner and Kyrsten Sinema, both Democrats from Virginia and Arizona, respectively, have introduced a new amendment to the infrastructure bill that would lessen the burden on cryptocurrency tax reporting for miners and wallet providers. As Perianne Boring reported Saturday afternoon, the senators are endorsing an amendment that

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Pro-Crypto Democrat Jonathan Herzog Running for US Congress

[sociallocker id="55298"] Cryptocurrency advocate Jonathan Herzog is running for election to the U.S. House of Representatives in the primary against fellow Democrat Jerry Nadler, who has represented New York's 10th Congressional District since 2013.A former staffer of ex-presidential candidate Andrew Yang, Herzog first announced his intention to run for office

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Blockchain.​​​​​​​​com Is The Latest to Launch A Fiat Gateway For This Pro-Crypto Country

United Kingdom-based cryptocurrency data and wallet provider Blockchain.com has launched a gateway for the Turkish lira on its crypto exchange.Blockchain.com is the latest major crypto exchange to join the growing roster of crypto platforms with a direct gateway for the Turkish lira, according to a press release published on

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Wyoming Accelerates Pro-Crypto Legislation to Woo Blockchain Businesses

Wyoming is leading the race to enact crypto friendly legislation to stir crypto activity in the US state.Before 2019, the western state has been conservative with its approach towards money-transmission. However, a new generation of lawmakers are turning the tide and transforming the financial thread of the state to allow

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