California State Assembly passes bill for licensing and regulating crypto firms
The bill requires digital asset exchanges and crypto companies to have a license of operation in the state of California.
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Assembly announces $100M capital raise, receives praise from IOTA co-founder Dominik Schiener
“Assembly addresses the limitations of current scaling solutions by using the feeless base layer of IOTA as an immutable trust anchor and as a trustless bridge for feeless interoperability of smart contracts,” said Schiener.
IOTA to Release Smart Contract Network ‘Assembly’ And Distribute ASMB Token
The ledger IOTA aims to become “a fully decentralized, feeless multi-asset ledger” by launching Assembly in 2022, a governance layer one for permissionless smart contracts, along with the native token ASMB that will open the doors for the network’s m...
Legislative Assembly of El Salvador approves $150M Bitcoin Trust
El Salvador's government has set aside $23.3 million toward rolling out crypto ATMs and $30 million to incentivize use of the state-backed "Chivo" wallet.
Bill banning crypto mining for 3 years dies in NY state assembly
The NY state assembly needs to approve any bill or propose amendments before it can be signed into law by Governor Andrew Cuomo.