Senate advances a major crypto regulation bill on a bipartisan vote

Senator Bill Hagerty: Senate Poised to Pass Stablecoin Bill to Cement American 'Financial Dominance'

The Senate is poised to pass legislation that would provide a clear regulatory framework for stablecoins as advocates such as Sen. Bill Hagerty (R-TN) say the legislation would help American consumers and protect American "financial dominance."

Wyoming's bipartisan leadership on digital assets is a model for the nation

A recent WyoFile opinion piece by Kerry Drake offered commentary about the GENIUS Act, bipartisan federal legislation designed to provide regulatory clarity for stablecoins. While we always welcome thoughtful discussions about digital asset policy, Drake’s piece contained inaccuracies about the legislation’s current status and Wyoming’s ongoing bipartisan efforts. Opinion Since 2018, Wyoming’s Select Committee on Blockchain, Financial Technolog…

Democrats Just Handed Trump—and the Crypto Industry—a Massive Win

The GENIUS Act marks a huge return on investment for cryptocurrency’s biggest players.

Pillen signs crypto regulation, social media limits into law

North Platte state Sen. Mike Jacobson's LB 526 addresses electrical use by cryptocurrency "mines," while Whitman Sen. Tanya Storer's LB 383 requires parental consent for minors' new social media accounts.

Nebraska enacts law to regulate energy use by cryptocurrency mining operations

Nebraska Governor Jim Pillen has signed new legislation aimed at regulating the energy demands of cryptocurrency mining operations. The bill, LB526, was signed into law Tuesday and was introduced on the governor’s behalf by State Senator Mike Jacobson. It establishes a series of requirements to ensure crypto mining businesses are transparent about their energy use and financially responsible for any impact on the state’s electrical infrastructur…

Senate Advances Cryptocurrency Legislation

WASHINGTON—The Senate on May 19 voted to advance a bill that would establish regulations for the cryptocurrency industry, several days after an initial vote failed because of Democratic opposition. The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act is a bill that seeks to impose regulations on “stablecoins,” which are digital tokens whose value is pegged to another secure asset (e.g., U.S. Treasury bonds and other…