Two more crypto bills in the US: Law Decoded, July 17–24

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Two more crypto bills in the US: Law Decoded, July 17–24
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Pro- and anti-crypto bills are introduced in the U.S., Kuwait bans digital asset transactions, Marathon shareholders sue its management and other major news in regulation.

a day before the bill’s introduction criticizing the agency’s so-called “regulation by enforcement” of the crypto industry.Spot Bitcoin exchange-traded fund applications from several firms have been published in the Federal Register, moving them one step along in the SEC process. The Federal Register received notices of proposed rule changes allowing Bitcoin ETF applications from BlackRock, Fidelity, Invesco Galaxy, VanEck and WisdomTree.

The shareholders aim to correct the company’s governance by strengthening the board’s supervision of operations, nominating at least four candidates from shareholders to the board and eliminating the previous procedure of directors’ elections.

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