The window of opportunity for investors to cash out to fiat is expected to be between three-to-six months.
The move is bound to make potential and current crypto investors outside the country uneasy as well.
Women of color from the cryptocurrency industry are concerned the STABLE Act would make wealth disparities in the U.S. much worse.
“A SIM swap was part of the infamous Twitter hack in July, so this is no longer just an issue affecting the crypto industry,” said Long.
One of Argentina’s youngest deputies is prepping new legislation to provide a national framework for crypto, which will reportedly hit the parliament next week.
Without constant nurturing through communication and collaborative efforts, the pursuits of legislators and businesses would be fruitless.
U.S. Senate bills meant to crack down on encryption could have negative effects for privacy-oriented tech, including cryptocurrencies, entrepreneurs and critics say.
A new bill in Congress asks the U.S. Federal Trade Commission to consider a national blockchain strategy.
Hawaiian lawmakers have submitted a bill that allows banks to provide custody for digital assets.