Legislation

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Republican Senators Tim Scott and John Kennedy at a Capitol press conference presenting legislation to raise Bank Secrecy Act reporting thresholds, with banking and inflation symbols in the background.

Republican senators move to raise Bank Secrecy Act reporting thresholds

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Senate Republicans led by Tim Scott of South Carolina and John Kennedy of Louisiana have introduced legislation to update long‑standing Bank Secrecy Act reporting thresholds and index them to inflation, a step that comes amid President Donald Trump’s 2025 executive orders to digitize federal payments and curb what the White House calls politicized “debanking.”

Senate negotiations stall on crypto regulation bill

Negotiations in the U.S. Senate have stalled along partisan lines on the CLARITY Act, a bill aimed at clarifying cryptocurrency regulations. The legislation, which passed the House in July, seeks to classify digital assets and assign regulatory oversight. With the crypto market surging to $4 trillion in 2025, industry leaders are pressing for action amid ongoing talks.

Parliament adopts urban planning simplification measures

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The National Assembly definitively adopted, on October 15, a text simplifying certain urban planning rules to relaunch constructions. Presented by deputy Harold Huwart, this bill received government support and was passed by 65 votes to 41. It aims to ease procedures without fully addressing the housing crisis.

Ohio Republicans push cryptocurrency legislation

Ohio Republicans are advancing bills to integrate cryptocurrency into state finances, allowing tax payments and investments in digital assets. Treasurer Robert Sprague leads the effort, citing the need to keep pace with digital payments. However, legislative leaders express caution over the technology's risks.

Social democrats seek ban on active clubs

Maria Karlsson

The Swedish Social Democrats are demanding a ban on clubs engaged in violence or ideologically violence-affirming activities, criticizing the government for passivity. Justice Minister Gunnar Strömmer (M) counters by accusing the party of delaying legislation. Both sides highlight Nazi-linked Aktivklubb Sverige as an example of the growing threat.

Congress faces hurdles in crypto market structure talks

Chris Blake

Discussions on crypto market structure in Congress show positive momentum based on vibes, but legislative progress remains stalled. The current congressional environment does not favor passing laws on sentiment alone. This reflects ongoing challenges in regulating the cryptocurrency sector.

 

 

 

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