Emma Kinery
@EmmaKinery
Newswoman @StateAffairsUS covering finance, fintech + crypto policy • 🐈⬛ • Michigander
States across the country are setting their sights on how sports bets are funded and how frequently online bets are placed in an effort to rein in the practice @StateAffairsUS pro.stateaffairs.com/ny/gaming/spor…
Two cryptocurrency regulation bills in Illinois are awaiting the governor’s sign off, months after he advocated for passing legislation on the issue SB 1797 establishes a framework for digital assets and SB 2319 sets regulations for cryptocurrency kiosks pro.stateaffairs.com/il/news/illino…
“Nearly 300 bills have been introduced in legislatures in at least 40 states this year through May, up from fewer than 80 bills introduced in all of 2021. Part of the uptick is thanks to policy-focused groups that have arisen in the years since, including Satoshi Action.”
It’s ‘Crypto Week’ in DC, but states have long been the policy battleground @StateAffairsUS pro.stateaffairs.com/enterprise/new…
California issued its first fine under the state’s 2023 Digital Financial Assets Law, charging cryptocurrency ATM Coinme $300,000 for failing to meet regulatory requirements @StateAffairsUS pro.stateaffairs.com/ca/news/califo…
Coinbase, one of the largest cryptocurrency exchanges in the United States, filed a court order for injunctive relief against Oregon state officials for allegedly “chang[ing] course” on digital assets “entirely behind closed doors.” @StateAffairsUS pro.stateaffairs.com/enterprise/new…
Missouri Gov. Mike Kehoe signed a bill into law that eliminates capital gains taxes, opening the door for easier use of cryptocurrency in the state @StateAffairsUS pro.stateaffairs.com/enterprise/new…
Six state financial regulators agreed to a $4.2 million settlement with fintech Wise for violations of the Bank Secrecy Act and anti-money laundering laws under the Countering the Financing of Terrorism Program @StateAffairsUS pro.stateaffairs.com/ca/news/multis…
Maryland lawmakers earlier this year added a new 3% tax on tech services in a bid to dam the budget deficit. The tax went into effect on Tuesday to the dismay of business groups @StateAffairsUS pro.stateaffairs.com/md/finance/mar…
Alaska’s governor vetoed a bill that would set an APR limit on payday loans. The move came as a surprise to supporters given it passed with bipartisan support @StateAffairsUS pro.stateaffairs.com/enterprise/new…
New analysis from @Cato finds the tax bill adds *+$6 trillion* to the debt Honestly a bit surprising to me how much of Washington’s conservative establishment — Cato, Tax Foundation, AEI, Manhattan Institute — has been strongly & publicly critical of the legislation
Louisiana is the latest state to codify earned wage access, allowing residents to get a portion of their paycheck before their scheduled payday @StateAffairsUS pro.stateaffairs.com/la/finance/lou…
Texas joined Florida in making gold and silver legal currency for everyday transactions @StateAffairsUS pro.stateaffairs.com/enterprise/new…
As states across the country push to establish their own strategic cryptocurrency reserves, Connecticut is taking the opposite approach: enacting a law this week that bars the state from investing in digital assets @StateAffairsUS pro.stateaffairs.com/enterprise/new…
Floridians who prefer to pay for their groceries with gold may soon get their chance. DeSantis signed a bill to make gold and silver legal tender in the state, joining several others that have made the push to reinvigorate the gold standard @StateAffairsUS pro.stateaffairs.com/fl/finance/gol…
Majority of Senate Republicans tell @ReedReports they will not attend Saturday's military parade scrippsnews.com/politics/congr…
Debt collectors are free to reach out (via email) anytime under a new Florida law @StateAffairsUS pro.stateaffairs.com/fl/finance/deb…
Illinois and Louisiana are set to join seven other states that enacted laws this year to regulate cryptocurrency ATMs in an attempt to curb the increase in scams @StateAffairsUS pro.stateaffairs.com/enterprise/new…
It may soon be easier to pay the state with cryptocurrencies in California @StateAffairsUS pro.stateaffairs.com/enterprise/new…
New York’s new law regulating Buy Now, Pay Later products has received mixed reviews from financial technology advocates, some of whom hail it as an important step forward while others worry the framing misses the mark @StateAffairsUS pro.stateaffairs.com/pa/news/buy-no…