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legislation

Germany Passes National Policy to Explore Blockchain But Limit Stablecoins

Germany’s government has passed a new strategy outlining the ways the leading EU state is planning to use blockchains. Approved by Chancellor Angela Merkel’s cabinet on Wednesday, the strategy sets the government’s priorities in the blockchain space, such as the digital identity, securities and corporate finance. It also sets out that the state won’t tolerate …

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Initiative to Curtail Negative Interest Rates Gains Traction in Germany

</header> <strong>Negative interest rates, a common occurrence in Europe these days, are unpleasant for both banks and clients. And financial institutions have been increasingly transferring the bulk of the burden</strong><strong> on to their customers. Some political factions in Germany, however, aren’t happy with the trend and are pushing for adequate protection for the ordinary small …

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When Cash Is Banned, Centralized Cryptos Are Not Going to Save You

<header class=”article__header”> </header> <strong>Australia is now moving forward with its proposed legislation to ban cash purchases over 10,000 AUD ($6,900) for business purposes. According to the treasury website: “The Black Economy Taskforce recommended this action to tackle tax evasion and other criminal activities.” While many Aussies are celebrating Bitcoin’s exclusion from this clause, others find …

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Crypto Is Part of Free Speech, and Free Speech Is Everything

</header> <strong>On July 23, U.S. Attorney General William Barr gave a speech demanding big players in the tech industry work with government agencies in providing backdoor entry points for encrypted devices and software. Per his reasoning, certain devices and messaging services pose a safety threat by providing a secure, third-party-inaccessible area where crime can rapidly …

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US Moves Closer to Accepting Blockchain, Still Uncertain Over Crypto

Despite concerns expressed by many United States regulators during the recent House Committee on Financial Services’ hearing on Facebook’s proposed digital currency, Libra, an increasing number of U.S. lawmakers are speaking out in favor of developing a permissive regulatory apparatus to prevent stifling innovation in the cryptocurrency sector. Several days prior to the hearing, the …

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Florida allows self-driving car tests without backup drivers

Sponsored Links Florida Governor’s Office Companies that want to test their self-driving cars will have an easier time of it in the Sunshine State. Florida Governor Ron DeSantis recently signed a bill allowing companies to test autonomous vehicles without backup drivers. It also lets occupants text, watch video or otherwise enjoy themselves without running afoul …

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Maine passes bill requiring ISPs to ask permission before selling data

Sponsored Links coleong via Getty Images The current federal government might not be keen on privacy rules for internet providers, but Maine certainly is. The state’s Senate has passed a bill that requires consent before ISPs can sell or offer access to their customers’ private data, paralleling an earlier approval in the state House. It …

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Montana Passes Bill to Exempt Utility Tokens From Securities Laws

“Big Sky Country” has gone crypto friendly, with new legislation addressing the use of utility tokens. The governor of the U.S. state of Montana, Steve Bullock, signed House Bill 584 into law earlier this month, recognizing utility tokens and exempting them from being considered as securities under local rules, with caveats. Scintillatingly titled “Generally revise laws …

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Congress could require a car alarm for kids left inside

Sponsored Links encrier via Getty Images In the past 20 years, more than 800 children have died of heatstroke in cars in the US. Now, a group of lawmakers wants to require alerts that would remind parents to check for children in the backseat before exiting the vehicle. Legislation announced today would mandate “a distinct …

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GOP, Dem Senators officially introduce loot box, “pay-to-win” legislation

Unlike this ceramic replica, video game loot boxes are not filled with real candy. ThinkGeek Weeks ago, Senator Josh Hawley (R-Mo.) released an outline for the The Protecting Children from Abusive Games Act, aimed at stopping randomized loot boxes and pay-to-win mechanics in the game industry. Today, Hawley was joined by Ed Markey (D-Mass.) and …

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