2022-12-5 12:20 |
Lawmakers wanted to question the disgraced FTX founder, but Bankman-Fried may be hesitant to discuss FTX because lying under oath to Congress is illegal.
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The United States Treasury reported that stablecoin adoption and crypto volatility could increase T-Bill demand as digital asset growth continues. The U.S. Treasury acknowledged a boom in blockchain use and cryptocurrency investment in its Fiscal Year 2024 Q4 report. Stablecoins,…
Decentralized finance defenders argued against imposing stringent anti-innovation rules on the fledgling digital asset industry. At a U.S. House Finance Services Committee hearing titled “Decoding DeFi: Breaking Down the Future of Decentralized Finance,” a roster of DeFi proponents testified to…
The U.S. House will vote on a resolution to overturn President Joe Biden’s veto on a bill that had struck down the Securities and Exchange Commission (SEC)’s Staff Accounting Bulletin 121, or SAB 121. Biden vetoed the legislation after the…
Lawmakers discussed the Consumer Financial Protection Bureau's proposal to potentially bring payment applications, including those involving crypto, under its oversight.
Chairman of the Commodity Futures Trading Commission Rostin Behnam again asks the U.S. Congress to take active action in crypto regulation.
A recent report by Raw Story sheds light on a Republican congressman who allegedly violated a federal financial disclosure law by failing to report two crypto purchases within the required timeframe.
Since Oct. 3, when lawmakers removed then-Speaker of the House of Representatives Kevin McCarthy, no legislation has made significant progress through the United States Congress.