Search results for "SENATE"

Senate Votes to Include CBDC Ban in Bipartisan Housing Bill

The United States Senate took a clear stance on central bank digital currencies (CBDCs) by attaching a prohibition to the 21st Century Road to Housing Act. In a vote that reflected strong bipartisan skepticism about a government-issued digital dollar, the chamber approved an amendment barring the
CryptoBreaking·1h ago

Florida Stablecoin Bill Clears Senate 37-0, Awaits Governor Ron DeSantis

Florida lawmakers have approved what could become the first comprehensive state-level framework for payment stablecoins in the United States, sending the legislation to Gov. Ron DeSantis for review after overwhelming bipartisan support in both chambers. Florida Pushes Ahead With State Stablecoin R
Coinpedia·03-09 14:45

Florida leads the way in stablecoin regulation; the first state-level bill in the U.S. awaits governor approval.

The Florida State Senate passed Senate Bill 314, requiring stablecoin issuers to obtain approval from the State Office of Financial Regulation before issuing tokens. The bill aligns with the federal "Genius Act" and aims to establish a compliant regulatory framework for stablecoins to attract crypto businesses to operate in the state. This move reflects Florida's support for the private market and opposition to government control over digital currencies. If signed into law by the governor, Florida will become the first state with a stablecoin regulatory framework.
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MarketWhisper·03-09 02:18
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FL Senate Passes State Stablecoin Bill, DeSantis’ Signature Pending

Florida advanced a state-level framework for regulating payment stablecoins, moving SB 314 to Governor DeSantis’ desk for final approval. The bill, which passed the Florida Senate unanimously, would introduce consumer protections and financial oversight for stablecoin issuers operating within the st
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CryptoBreaking·03-08 16:05