Kenya will legalize Bitcoin and cryptocurrencies

According to the Secretary of the Treasury Cabinet “they will take advantage of the benefits of cryptocurrencies.” Last December the authorities presented a bill to regulate bitcoin. Kenya is officially preparing to legalize trading in bitcoin (BTC) and other cryptocurrencies, according to Treasury Cabinet Secretary John Mbadi. The official assured that The East African country…

US Congress will have its own committee for bitcoin and cryptocurrencies

A vote is yet to confirm Cynthia Lummis’ leadership of the subcommittee. The “FIT21” bill, which would provide a regulatory framework for cryptocurrencies, would be on its agenda. The United States Congressional Banking Committee will announce the creation of a subcommittee specialized in bitcoin (BTC) and other cryptocurrencies. Wyoming Senator Cynthia Lummis, known for her…

They ask in the US that salaries be paid in bitcoin

One senator says bitcoin is a promising alternative to protecting income. “Bitcoin has reached the mainstream of our economy,” commented Dusty Deevers. In response to growing concerns about inflation and the devaluation of the US dollar, Oklahoma Senator Dusty Deevers introduced the Bitcoin Freedom Act. With this proposal, he proposes that state employees can receive…