Legislation

The state legislature of California has passed a groundbreaking AI safety bill. The bill, which mandates AI firms to disclose and certify their safety testing procedures, now awaits the signature of Governor Gavin Newsom. The state legislature of California passed a crucial AI safety bill in...

El Salvador President Nayib Bukele called Democrats “salty” on Tuesday, reacting to a proposed bill by party senators that calls for sanctions on the Central American nation. What Happened: The El Salvador Accountability Act of 2025 was introduced last month by Senators Chris...

Pro-cryptocurrency senators are preparing to introduce a landmark legislation this month, aimed at dividing the oversight of digital assets between market regulators. What Happened: Sen. Cynthia Lummis (R-Wyo.) said that the Senate is gearing up to advance its push for crypto-friendly measures,...

U.S. Rep. Warren Davidson has taken a significant step by introducing a legislative bill aimed at overhauling the Securities and Exchange Commission and ousting its Chairman Gary Gensler. The Ohio Republican referred to Gensler as a “tyrannical chairman” in a Monday statement...

Debate over whether or not states should be able to regulate stablecoins, and tension over whether that would create a "race to the bottom," took up much of the latest Congressional hearing on creating a comprehensive framework for digital assets.  The hearing at the Digital Assets,...

Early Saturday morning, President Joe Biden signed a bipartisan gun safety bill into law, the first major federal gun reform in three decades.   "God willing, it's going to save a lot of lives," Biden said at the White House as he signed the bill. "How many times have we...

A major element of the Responsible Financial Innovation Act introduced to the U.S. Senate today is the classification of Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and a plethora of cryptocurrencies as commodities. Over the past few days, a leaked version of the bill...

What Happened: Earlier today, members of El Salvador’s Congress voted in favor of a bill that established Bitcoin as a legal tender in the country. Citizens of the country will be able to pay taxes in the digital currency, and exchanges in Bitcoin will not be subject to capital gains tax. The...

The job losses induced by COVID-19 are a catastrophic development for millions of Americans who could least afford it. Between skyrocketing healthcare costs, a lack of safety net, and now unemployment, these are desperate times for many people.  And it’s not inconceivable that during...

Much ado about nothing, part two. After sending ripples of fear through trade-exposed textile and apparel companies, Republicans dropped the controversial border adjustment tariffs from tax reform blueprints Thursday. "While we have debated the pro-growth benefits of border adjustability, we...

The White House won't offer public support for any draft legislation that would offer judges the power to force technology companies to help law enforcement crack encrypted data, according to a report by Reuters Reuters, citing "sources familiar with the discussions," noted that...