Washington

Will Fiat-Backed Stablecoins Pass Legal Muster With the SEC and CFTC?

As stablecoins see greater capital inflows and adoption, regulators will likely take a harder look at their compliance status.

Policy & regulation  ·  2 March 2019

US Lawmakers File Bill to Exempt Cryptocurrencies from Securities Laws

Two members of the U.S. House of Representatives are seeking to exempt cryptocurrencies and certain other digital assets from securities laws.

Markets  ·  20 December 2018
Regulation

Don’t Let the Crypto Circus in Congress Fool You

Washington understands cryptocurrency better than this week's circus on Capitol Hill suggests, writes Michael J. Casey.

Policy & regulation  ·  23 July 2018
Congress

House Rules Politicians Must Disclose Crypto Investments Above $1K

Members of the House of Representatives, the lower chamber of the U.S. Congress, must begin disclosing cryptocurrency investments that exceed $1,000.

Markets  ·  20 June 2018
Regulation

Washington State County Shuts Down ‘Unauthorized’ Crypto Miners

Washington State's Chelan County shut down three rogue cryptocurrency mining operations due to the power draw and safety risk.

Policy & regulation  ·  4 April 2018
Regulation

US Lawmakers Seek Tax Exemption for Bitcoin Transactions Below $600

A new bill has been introduced in the US Congress that would create a tax exemption for some purchases made with cryptocurrency.

Policy & regulation  ·  7 September 2017
Exchanges

Washington’s New Cryptocurrency Exchange Rules Are Now in Effect

New regulations that apply money transmitter laws to cryptocurrency exchanges have gone into effect in the U.S. state of Washington.

Policy & regulation  ·  27 July 2017
Investments

Pot-Friendly Bitcoin Startup Raises $1.5 Million

POSaBIT, a Seattle-based digital currency payments startup with a focus on serving legal cannabis outlets, has raised $1.5m in funding.

Business  ·  29 June 2017
Regulation

Coin Center to Lawmakers: Blockchain Startups Are Best Advised to Leave US

A recent Congressional hearing saw the non-profit blockchain advocacy group Coin Center call for a federal approach to money services licensure.

Markets  ·  12 June 2017
Regulation

Washington Lawmakers Finalize New Bitcoin Business Rules

Legislators in Washington state have put the finishing touches on new rules for businesses that offer digital currency services.

Policy & regulation  ·  13 April 2017
Regulation

Watch Washington’s Senate Debate If Buying Weed With Bitcoin is Bad

Legislators gathered this week to hold a hearing on a measure that would prohibit cannabis firms in the state of Washington from working with bitcoin.

Policy & regulation  ·  27 January 2017
Regulation

Washington Lawmakers Are Trying to Keep Bitcoin Out of Pot Shops

A new bill filed in the Washington State Senate seeks to prohibit local marijuana businesses from using digital currency.

Policy & regulation  ·  19 January 2017
Regulation

US Treasury Insurance Advisors to Discuss Blockchain

Insurance market advisors to the US Treasury Department are set to discuss blockchain tech this week.

Policy & regulation  ·  4 January 2017
Regulation

Congressional Committee Calls for CFTC ‘Clarity’ on Bitcoin

A Congressional committee has called on the Commodity Futures Trading Commission to focus on digital currency regulation.

Policy & regulation  ·  22 November 2016
Regulation

Momentum Grows for Blockchain Action in Washington

Recent developments around blockchain in Washington, DC are setting the stage for even bigger moves in the year ahead.

Policy & regulation  ·  28 September 2016