The Lone Star State has become one of the hottest points on the U.S. map in terms of crypto regulation.
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Texas legislative session winds down with crypto bills still in limbo
State lawmakers passed a proof-of-reserves bill and legislation covering crypto firms’ usage of flare gas, both awaiting Texas Gov. Greg Abbott’s approval or veto as
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Russian State Duma Chairman: ‘US National Debt Is a Global Financial Pyramid’
Vyacheslav Volodin, chairman of the Russian State Duma, the lower house of the Russian Federal Assembly, has stated that U.S. debt has become a “global
Read moreBinance off the hook from $8M Tinder ‘pig butchering’ lawsuit
The plaintiff, a Texan woman, initially blamed Binance for losing $8 million in a pig butchering scam that began on Tinder.
Read moreG7 discusses crypto, supports CBDC — Law Decoded, May 15–22
The European Council has approved updated rules that extend tax reporting requirements to include transfers of crypto assets.
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Texas proof-of-reserve bill passes through the Senate
The legislation would oblige exchanges to maintain reserves “in an amount sufficient to fulfill all obligations to customers.”
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