2022-6-7 12:00 |
A wide-reaching, bipartisan crypto bill finally emerged Tuesday from U. S. Senators Cynthia Lummis (R-Wyo. ) and Kirsten Gillibrand (D-N. Y. ), who are seeking to extend a comprehensive set of regulations across digital assets in the U. origin »
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FDIC Acting Chairman Travis Hill said the agency is overhauling its crypto approach, just as U.S. senators examined regulators keeping banks out of crypto.
2025-2-6 20:43 | |
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In a noteworthy move for the cryptocurrency sector, crypto supporter and the Chief Executive Officer (CEO) of San Francisco-based exchange Coinbase Brian Armstrong, has met with United States Senators to advocate for a more consistent and more lucid regulation of digital assets.
2024-6-14 14:00 | |
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Paraguayan senators push to ban crypto mining, citing massive energy theft and a lack of regulation. The post Crypto Mining Under Threat in Paraguay: Senators Propose Ban appeared first on BeInCrypto.
2024-4-5 09:35 | |
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US Senators have requested the Securities and Exchange Commission (SEC) chair Gary Gensler to stop further approvals of crypto ETFs. In a letter dated March 11, the senators warned of significant risks to retail investors associated with crypto ETFs.
2024-3-16 14:19 | |
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U. S. senators Marsha Blackburn and Cynthia Lummis have proposed amending the 2015 Cybersecurity Information Sharing Act that would allow firms engaged in crypto assets and distributed ledger technologThe post U.
2022-9-29 16:00 | |
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US senators Ron Wyden and Cynthia Lummis rush to tweak the controversial crypto provision, in an effort to narrow some of the new tax reporting rules outlined in the $1,2 trillion infrastructure bill President Joe Biden signed into law on Monday, Bloomberg reported.
2021-11-17 06:30 | |
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A pair of U.S. senators are introducing a bill to limit some of the cryptocurrency tax reporting rules in President Biden’s infrastructure legislation. The post U.S. Senators Introducing Bill Limiting Crypto Tax in Biden’s Plan appeared first on BeInCrypto.
2021-11-17 19:05 | |
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A separate bipartisan bill aims to soften new cryptocurrency tax reporting requirements
2021-11-15 21:41 | |
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In response to a letter from the U.S. calling on Facebook to halt its stablecoin and crypto wallet projects, Diem stated that it “is not Facebook. We are an independent organization.”
2021-10-21 03:47 | |
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A pair of US Senators recently announced a new bipartisan bill which would improve the oversight of foreign crypto mining facilities. The post US Senators Introduce Bill to Track Foreign Crypto Mining appeared first on BeInCrypto.
2021-9-29 06:57 | |
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U.S. senators have introduced a new bill to prevent the U.S. from falling behind other countries when it comes to crypto regulations
2021-9-27 18:23 | |
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Crypto regulation is still a hot topic in Congress. Talks of putting regulations are still underway in the House. With either side trying to swing the consensus for or against crypto. One of the senators who wants favorable crypto regulation is Senator Cynthia Lummis.
2021-8-28 02:00 | |
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Cardano founder, Charles Hoskinson has acridly berated the recently-passed crypto-bill by US Senators Portman (R-OH) and Warner (D-VA) as a malicious and incompetent attempt at stifling innovation and progress within the now-embattled US Crypto space.
2021-8-11 00:05 | |
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Senators have come to an agreement about the much-debated cryptocurrency amendment to the Infrastructure Bill. The post Senate Agrees on Bipartisan Deal for Crypto Amendment in Infrastructure Bill appeared first on BeInCrypto.
2021-8-10 23:00 | |
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Over the weekend, the Senate voted 68-29 on the controversial bipartisan infrastructure bill to end the debate. However, the crypto community remains hopeful that the bill might get the amendment before the final vote on Tuesday.
2021-8-10 16:11 | |
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The highly respected and opinionated CEO of Tesla and SpaceX, Elon Musk, has joined in speaking against the last-minute amendment made by Senators Rob Portman and Mark Warner to the recent crypto taxation provision suggested by Senators Patrick Toomey, Ron Wyden, and Cynthia Lummis.
2021-8-9 15:59 | |
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Tesla CEO Elon Musk has weighed in on the discussion surrounding a proposed crypto tax provision. The provision, part of the infrastructure bill, will go to a vote on August 7. Meanwhile, United States senators Patrick Toomey, Ron Wyden, and Cynthia Lummis have suggested an amendment to that provision, working in favor of Proof of Work miners.
2021-8-7 13:34 | |
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Janet Yellen's position on a "compromise" amendment proposed yesterday is unclear, but she reportedly raised objections to the language on crypto put forth by Senators Wyden, Lummis and Toomey.
2021-8-7 20:18 | |
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Senators Rob Portman and Mark Warner proposed an amendment on Thursday to the crypto tax reporting rule that was tabled days earlier by the senate infrastructural bill’s cryptocurrency provision. The new amendment states briefly that the proposed reporting requirements exclude proof-of-work mining as well as the sale of software and hardware that support hot and […]
2021-8-7 16:55 | |
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The cryptocurrency industry’s last-minute lobbying push to amend provisions in the bipartisan infrastructure bill that was completed over the weekend could succeed in eliminating some of the Internal Revenue Service (IRS) scrutiny that stakeholders in the sector would face.
2021-8-5 20:00 | |
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Meanwhile, senators Pat Toomey and Ron Wyden are calling to “fix” crypto tax provision in the bipartisan infrastructure bill. The post Developers and Miners ‘Not’ Forced to Comply, says Spokesperson of Sen.
2021-8-3 16:14 | |
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From crowdfunding to cryptocurrency regulations, here is a recap of the top stories from… The post Monthly Report: Key US Senators submit new crypto guidelines in a bid to fund infrastructure deal appeared first on Coin Journal.
2021-7-31 15:36 | |
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US President Joe Biden and the bipartisan group announced the details of a historic $550 billion federal investment in the country’s infrastructure as the Senate intends to tighten crypto taxes in order to raise $28 billion that would contribute to the funding, Bloomberg reported.
2021-7-30 20:00 | |
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The proposals seek to have all transactions of $10,000 or more reported to the… The post US Senators propose crypto tax to raise $28BN for infrastructure appeared first on Coin Journal.
2021-7-30 13:59 | |
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U.S. lawmakers believe they can find $28 billion worth of infrastructure funding by expanding taxation on crypto transactions.
2021-7-29 07:55 | |
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Sen. Cynthia Lummis, R- WY, is “excited to buy the Bitcoin dip,” she revealed in an interview with Fox News on Wednesday. Lummis is one of the senators who is a vocal advocate of crypto assets and has been a Bitcoiner for a very long time, as early as 2013.
2021-6-24 15:33 | |
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New York senators have amended a proposal to ban all crypto mining for three years, and are now seeking to only stop mining firms backed by carbon-based fuel sources.
2021-6-10 04:36 | |
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U.S senators voiced their opinions on the matter of cryptocurrency’s use in ransomware attacks.
2021-6-8 13:13 | |
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U.S. senators want to strengthen cryptocurrency regulations
2021-6-6 21:22 | |
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The Nebraska state legislature has approved a bill that would allow banks in the state to offer cryptocurrency services to customers. Nebraska's Crypto Banking Charter Bill Nebraska state senators have voted for the bill that would allow banks to register as cryptocurrency depositories and offer crypto trading services to customers.
2021-5-11 21:14 | |
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Nebraska senators have favored a measure that would allow state banks to facilitate crypto transactions like those in Wyoming.
2021-5-11 11:13 | |
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As senators call for an end to the federal prohibition of marijuana, how would it affect the crypto-cannabis connection that's arisen in the weed industry's banking blindspot?
2021-2-6 16:10 | |
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Top members of the Senate Banking Committee plan to introduce legislation that would direct the congressional watchdog to study virtual currency’s role in drug and human trafficking.
2020-7-2 23:12 | |
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2019 has been nothing less of a rollercoaster ride for the cryptocurrency industry and the uncertain regulatory climate in the US backs the statement. Crypto enthusiasts across the world are now skeptThe post Libra-targeted regulation could be on Senators' 2020 checklist appeared first on AMBCrypto.
2019-12-21 12:00 | |
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Facebook’s Libra initiative hit another roadblock prior launch after Libra associate companies including MasterCard, Visa and Stripe announced dropping out on October 9. While the decision was made after two Democratic Senators asked the the three banking giants to rethink their stance on Libra, speculation around the Senators’ being a threat clouded the crypto ecosystem.
2019-10-15 21:00 | |
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Facebook’s crypto woes are deepening as more partners are jumping the Libra ship before it even sets sail. It appears that US senators are urging them to do so as letters to CEOs have been leaked online.
2019-10-13 14:00 | |
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Facebook’s foray into crypto has made the firm few friends in political circles. The Libra backlash has been so bad that it has painted bitcoin and the rest of the crypto industry in a bad light.
2019-8-3 13:30 | |
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Coming a few weeks after the Senate grilled Facebook about their crypto project, Libra, Circle CEO Jeremy Allaire was the lone crypto-industry representative on Tuesday to testify before the Senate Committee on Banking, Housing, and Urban Affairs about the industry's need for regulatory clarity. Mr. Allaire urged Congress to adopt
2019-7-30 20:57 | |
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Markets are up today with good regulatory vibes following positive reactions from a number of American Senators who successfully distinguished Bitcoin from the much-maligned Libra. Traders witnessed Bitcoin jumping 10% in about an hour, a leap similar to that seen at the beginning of the bull rally back in April of this year.
2019-7-20 02:54 | |
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Markets are up today with good regulatory vibes following positive reactions from a number of American Senators who successfully distinguished Bitcoin from the much-maligned Libra. Traders witnessed Bitcoin jumping 10% in about an hour, a leap similar to that seen at the beginning of the bull rally back in April of this year.
2019-7-19 02:54 | |
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Two days of hearings on Libra in the US Senate did not add certainty to the crypto market. But Bitcoin at least stayed at around $ 9,500. The CEO of Calibra wallet David Marcus was unable to provide convincing answers to senators for their straightforward and not always competent questions. In addition to the question […]
2019-7-19 17:31 | |
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Yesterday’s US Congress hearing was largely about lambasting Libra and Facebook’s financial global domination ambitions. A few other snippets emerged from the meeting, however, and not all are bad for bitcoin and the crypto industry.
2019-7-18 12:00 | |
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Crypto News – 17 July – Binance’s CZ hints at targeting South Korea, Senators unleash hell on Facebook’s Libra and more Don’t forget to follow us for our daily videos#Facebook #libra #facebooklibra #CryptoNews #CryptocurrencyNews #cryptocurrency #Binance pic.
2019-7-17 19:00 | |
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Markets are down, and so are the spirits of many cryptocurrency investors. But no matter how bad your portfolio looks, it’s probably less bruised than David Marcus, Facebook’s lead for the Libra cryptocurrency, after today’s dressing-down from U.
2019-7-17 00:09 | |
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Facebook's David Marcus told lawmakers its new libra cryptocurrency will not store or share personal financial information – with a few caveats.
2019-7-10 00:19 | |
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The U.S. Senate Banking Committee wants to know more about Facebook's crypto project.
2019-5-10 18:00 | |
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Republican senators Dennis Acton and Michael Yakubovich of New Hampshire have introduced House Bill 470 that seeks to allow state agencies to accept cryptocurrencies as payment. State Treasury, Department of Administrative Services, and the Department of Revenue Administration have been contacted to give their feedback on the issue. For the bill, the Department of Administrative […]
2019-1-24 12:41 | |
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Marshall Islands President Hilda Heine’s plans to create a cryptocurrency that would function as a legal tender could be frustrated by the efforts of eight senators from the country who joined together to present a no-confidence motion after the IMF, and the United States expressed their disagreement.
2018-11-8 18:10 | |
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Marshalls Island President Hilda Heine’s controversial plan to introduce a sovereign cryptocurrency faced a lot of opposition in local Parliament and from the International Monetary Fund (IMF). According to The Guardian’s article published on November 5, 2018, President Hein’s cryptocurrency plan was met with sharp criticism from eight senators, which led her to her first vote of no-confidence.
2018-11-7 20:00 | |
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The Labour government said the bill will give owners of bitcoin and other digital assets greater legal protection.
U.K. Prime Minister Keir Starmer appointed Tulip Siddiq as the City Minister, a role that oversees financial services including crypto.
Taiwan's crypto advocacy body, the Taiwan Virtual Asset Service Provider Association, has been formally established and the founding meeting held with 24 cryptocurrency-related entities.
The exchange could return as a FIU-registered firm after paying the fine, the report added.
This is the third test for the Province's new tool to combat money laundering.
The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.
India's most controversial crypto tax, the 1% TDS levy deducted at source, should be lowered to 0.01%, according to the findings of a new study.