Billionaire Crypto Executives Are To Blame For The Lack Of Regulatory Clarity In The Industry, Says US Lawmaker

The FTX debacle has sent lawmakers into a frenzy as they believe that the whole fiasco would have been avoided if a proper framework had been implemented. U. S. congressman Brad Sherman has blamed billionaire founders in the cryptocurrency industry for hindering the pace of legislation needed in the ecosystem. дальше »

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Binance Denies UK Lawmaker’s Allegation That It Deliberately Played a Role in FTX’s Collapse

Crypto exchange FTX recently filed for bankruptcy protection in the US. Authorities are investigating the cause of the tragic collapse. In a submission to the U. K. Parliamentary Treasury Committee, Binance on Wednesday denied claims that it deliberately intended to sink competitor cryptocurrency exchange FTX. дальше »

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Crypto skeptic Brad Sherman: Federal financial regulators ‘sound like Sam Bankman-Fried’

The U.S. lawmaker suggested four financial regulatory heads had done little to address “crypto billionaire bros” using digital assets for the evasion of sanctions and taxes. дальше »

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FTX collapse was a ‘dumpster fire,’ says US lawmaker announcing investigative hearing

“There is no sugarcoating it: the FTX collapse has been a dumpster fire,” said House Financial Services Committee ranking member Patrick McHenry. дальше »

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Binance Denies Accusation From UK Lawmaker That It Deliberately Sank FTX

The exchange sent a five page document outlining the sequence of events that led to the FTX collapse to UK lawmakers. дальше »

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Crypto could ‘crash’ the financial system, US lawmaker warns

Cryptocurrency‘s latest turmoil, coupled with what has happened in recent months, paints a picture of an ecosystem that could distabilise the global financial system, Senate Banking Committee Chair Sherrod Brown has said. дальше »

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U.S. lawmaker blames ‘billionaire crypto bros’ for delayed legislation

Brad Sherman, a US lawmaker and core critic of crypto, blame "crypto bros" for the delay in crypto regulations and stated the plans from now on. дальше »

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SEC chair accused of helping FTX skirt laws

Republican lawmaker Tom Emmer voiced concerns about Gary Gensler helping SBF and FTX exploit legal vulnerabilities. дальше »

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Republican lawmaker claims SEC chair was coordinating with FTX ‘to obtain regulatory monopoly’

Minnesota Representative Tom Emmer did not provide any evidence to his claim that Gary Gensler was “helping SBF and FTX work on legal loopholes” but said he was looking into the matter. дальше »

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US lawmaker warns of ‘major consequences’ for users of unregulated crypto firms, citing FTX

“FTX’s FTT tokens are now worthless, and even worse, FTX.com customers are completely unable to access their funds,” said Maxine Waters. дальше »

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UK Powers to Regulate Crypto Ads Approved by Lawmaker Committee

All kinds of unregistered crypto providers, including stablecoin issuers, could also be outlawed by the rules. дальше »

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EU Lawmaker Calls Cardano A ‘Rocket’ As ADA Eyes Monster Bull Run

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