Satoshi Action Fund CEO Dennis Porter credits the state’s short legislative session Utah may soon become the first US state to approve the establishment of a Bitcoin reserve. This move could set a major precedent for cryptocurrency integration into public finance. The states will lead. 🇺🇸 pic.twitter.com/K8X7AL7OnX — Dennis Porter (@Dennis_Porter_) February 1, 2025 According
Tag: legislation
Brazil Police Reportedly Trying to Block Casino Legalization
The police force is concerned about potential money laundering Brazil’s federal police are actively opposing a bill that aims to legalize land-based casinos, bingo halls, and retail sports betting, raising concerns over potential risks of money laundering. The police force submitted a formal document to the Ministry of Justice and Public Security, highlighting the dangers
Indiana iGaming Bill Advances, With Surprise Sports Betting Tax Amendment
A bill to legalize online casinos takes its first step in the state Indiana’s push to legalize online gambling took a step forward as House Bill 1432 cleared the House Public Policy Committee in a 9-2 vote. The bill aims to modernize the state’s gaming landscape by legalizing iGaming while also expanding responsible gambling initiatives.
Arizona Bitcoin Reserve Legislation Advances
The state is one of a handful looking to embrace cryptocurrency more Arizona lawmakers have taken a significant step towards incorporating Bitcoin into the state’s financial strategy with the advancement of a new bill. The proposed legislation, known as the Strategic Bitcoin Reserve Act (SB1025), was passed by the Arizona State Senate Finance Committee on
Virginia Looks To Create New Gaming Regulator, Ban Sweepstakes Casinos
A bill would authorize a new gaming regulator, while another would prohibit social casinos Virginia is taking steps to enhance its gambling oversight by proposing the creation of the Virginia Gaming Commission (VGC), an independent regulatory body. House Bill 2498, currently under review by the General Assembly, outlines plans for the new commission, which would
Massachusetts Ready To Try To Legalize Online Casinos
Two bills will allow lawmakers to consider introducing online gambling Massachusetts is preparing to explore the legalization of online casinos, joining several states considering similar legislation. Senator Paul Feeney and Representative Daniel Cahill have introduced companion bills, SD 2240 and HD 4084, aimed at bringing regulated online casino gambling to the Bay State. These proposals
Hawaii Lawmakers To Try Once Again To Introduce Legal iGaming, Sports Betting
Several bills have already been submitted, although previous attempts have fallen flat Hawaii lawmakers are once again attempting to bring legal iGaming and sports betting to the state, introducing several bills during the 2025 legislative session. These proposals aim to create a regulated framework for online gambling, fantasy sports, and sports wagering, but they face
North Dakota Lawmaker Wants To Limit Cryptocurrency ATM Transactions
The bill would implement daily withdrawals for crypto users in the state A North Dakota lawmaker has introduced a bill aimed at regulating cryptocurrency ATMs to enhance consumer protection and combat scams. House Bill 1447, presented on January 15, proposes several restrictions, including a daily withdrawal limit of $1,000 and a fee cap of $5
New York Has Another Online Gambling Bill Ready for Debate
Senator Joseph Addabbo Jr. is once again pushing the state to make a move on iGaming New York is once again considering legalizing online poker and casino games. Senator Joseph Addabbo Jr. has introduced SB 2614, a bill aiming to regulate online gambling in the state. Addabbo, a long-time supporter of online gaming legislation, has
Virginia Scraps Online Gambling Discussions Almost As Soon As They Begin
The Senate has already put an iGaming bill on the shelf, just two weeks after it was introduced Virginia’s first attempt to explore online casino-style gambling has been sidelined just weeks into 2025. State Senator Mamie Locke introduced Senate Bill 827 to authorize and regulate online gambling but withdrew it shortly after its first committee
New Attempt At Adding Another Virginia Casino Passes First Stop
Virginia lawmakers are once again trying to find support for a casino in Tysons, Virginia A proposal to potentially bring a casino to Tysons, Virginia, has taken a step forward. Yesterday, the Virginia Senate’s Gaming Subcommittee approved Senate Bill 982, which would allow Fairfax County residents to vote on the matter through a referendum. The
Thailand’s Casino Legalization Effort Could Face Public Referendum
The government is pushing ahead with a casino law, but the public may change its direction Thailand’s plan to legalize casinos may face a public referendum, as Democrat Party MP Jurin Laksanawisit called on the government to seek voter input on the controversial proposal. Speaking recently, Jurin argued that the cost of a referendum, estimated