Interesting Cointelegraph article on crypto legislation introduced by Texas Senator Ted Cruz

There is an interesting article on COINTELEGRAPH today about legislation that Ted Cruz introduced into the US Senate. The tagline indicates that it will keep the US off of “an insidious path akin to China’s”. This bill attempts to prevent the Federal Reserve from issuing a CBDC (Central Bank Digital Currency) directly to US citizens. … Read more

Biden’s Executive Order on Digital Currencies

Last week Joe Biden signed the long-awaited executive order on “Ensuring Responsible Development of Digital Assets.” You can read the whole enchilada here: https://www.whitehouse.gov/briefing-room/presidential-actions/2022/03/09/executive-order-on-ensuring-responsible-development-of-digital-assets/  Or you can read the brief here: https://www.whitehouse.gov/briefing-room/statements-releases/2022/03/09/fact-sheet-president-biden-to-sign-executive-order-on-ensuring-responsible-innovation-in-digital-assets/  Interestingly they point out that 16% of the US adult population (about 40 million) are involved with cryptocurrencies. The Executive Order provides a timeline … Read more