U.S. Senate housing bill includes CBDC ban
The Senate Banking Committee’s bipartisan “ROAD to Housing Act” includes a provision banning the Fed from issuing a CBDC before 2031.
Policy
Australia could unlock A$24 billion in digital finance gains, is on track for just A$1 billion
An OKX-backed report estimates tokenization and digital finance could generate A$24 billion annually, with productivity gains hinging on reforms to licensing, sandboxes and financial market rules.
Stripe’s Tempo Blockchain Is a ‘Referendum on the Ghost of Libra,’ Says Libra Co-Creator
Christian Catalini warns that corporate-led blockchains like Stripe’s Tempo and Circle’s Arc risk repeating the compromises that doomed Libra’s open vision.
Chainlink CEO Sees Tokenization as Sector’s Rising Future After Meeting SEC’s Atkins
Sergey Nazarov met with SEC Chairman Paul Atkins and told CoinDesk he’s impressed by how serious Atkins is about moving quickly on tokenization.
Philippine Congressman Proposes Bitcoin Reserve to Attack National Debt
Modeled after oil, maple syrup, and grain reserves, the proposed Strategic Bitcoin Reserve positions BTC as a sovereign asset alongside traditional stockpiles.
State of Crypto: Crypto Takes Jackson Hole
The annual SALT Wyoming conference took place this week. Government officials said a lot the industry will like.
Head of IRS Crypto Work Exits as U.S. Tax Changes Loom For Digital Assets
Trish Turner, the U.S. Internal Revenue Service veteran running its digital assets effort, is the latest senior official leaving for the private sector.
U.S. Justice Department Official Says Writing Code Without Bad Intent ‘Not a Crime’
Despite this month’s trial conviction of Tornado Cash developer Roman Storm, the DOJ signaled to a crypto crowd in Wyoming that it’s not chasing developers.
There’s ‘No Question In The World’ Bitcoin Will Be Worth $1M: Eric Trump
The son of President Donald Trump called himself a “bitcoin maxi” during an appearance in Jackson Hole on Wednesday.
Trump’s Crypto ‘Conflicts of Interest’ Are ‘Blocking’ Dem Legislation Support, Top Lawmaker Says
A provision addressing conflicts of interest would likely bolster Dem support for crypto market structure legislation, Angie Craig said.