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Another challenge to Section 230 of the Communications Decency Act, which protects tech platforms from being liable for various forms of content posted on them, has re-emerged, with bipartisan support. It takes a page from the Banking Secrecy Act (BSA) but, rather than filing Suspicious Activity Reports (SARs), the bill
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Janet Yellen is the 78th U.S. Secretary of the Treasury.The former Federal Reserve chair and longtime economist secured enough votes in the Senate on Monday after a confirmation hearing on Jan. 19. Yellen was tapped by President Joe Biden to lead the Treasury Department after winning election last year. She
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Former Bakkt CEO Kelly Loeffler (R-Ga.) will not return for a full term as a U.S. Senator, AP projected Wednesday.Loeffler, who ran against Democrat Raphael Warnock, left the crypto warehousing company late in December 2019 to fill former Sen. Johnny Isakson’s seat, after Isakson (R-Ga.) stepped down due to health
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House Bill 220 would enable Ohio's governmental bodies to use blockchain and DLT in their operations if signed into law. Source
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A bill proposed by Australian lawmakers to ban the use of cash for transactions over $10,000 has been killed by a unanimous Senate vote. One Nation Senator Malcolm Roberts brought the motion to remove the bill today after more than a year of trenchant opposition to it from a cross section
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New Jersey has inched closer to implementing its own "BitLicense." Source
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The Dow Jones fell 70 points on Tuesday.Fiscal stimulus is now a distant dream for the stock market, as Mitch McConnell has recessed the Senate till November 9.Consumer confidence is struggling as election concerns and coronavirus cases mount.The Dow Jones limped to the downside on Tuesday as consumer confidence lagged.
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Bitcoin was lower, tracking what appears to be a new range between roughly $11,200 and $11,700. It’s a step up from levels that prevailed over most of September, between $10,100 and $11,000.“As the bulls push for a return to a $12,000 handle, resistance will be found just below, at $11,900,”
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Americans who have been buying Bitcoin with their U.S. stimulus package may now buy more once the Senate approves the new bill.Bitcoin could benefit from the new U.S. stimulus proposal, which will include a new round of $1,200 checks. Already, the Senate has rejected a “skinny” stimulus bill as it
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The United States Senate rejected the new stimulus proposal on Sep.10, which did not include a new round of $1,200 checks. However, this boosts the chances of a new proposal with individual checks getting approved, and could serve as a catalyst for Bitcoin (BTC).Why was the stimulus proposal rejected, and
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