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Congress gains pro-crypto allies, what it means for the crypto industry
The recent election ushered over 250 pro-crypto lawmakers into Congress. This new wave of crypto-friendly representatives fuels optimism about future regulatory clarity. The addition of pro-The post Congress gains pro-crypto allies, what it means for the crypto industry appeared first on AMBCrypto. дальше »
2024-11-7 16:30 | |
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Crypto policy gains momentum as pro-crypto candidates sweep Congress
The rise of pro-crypto lawmakers may lead to favorable regulations, potentially boosting innovation and investment in digital assets. The post Crypto policy gains momentum as pro-crypto candidates sweep Congress appeared first on Crypto Briefing. дальше »
2024-11-7 16:38 | |
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Tether CEO denies reports as US probes and weighs sanctions
Tether CEO Paolo Ardoino denied reports of lawmakers investigating the major cryptocurrency company over potential violations of anti-money-laundering and sanctions laws. The reported investigation, led by Manhattan prosecutors, focuses on whether Tether’s cryptocurrency (USDT) has been used to fund illegal… дальше »
2024-10-26 21:38 | |
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SEC’s Gensler should resign by 2025: Rep. Hill
Crypto industry participants and American lawmakers believe Gary Gensler should leave the Securities and Exchange Commission in 2025. Representative French Hill said the U.S. SEC should see new leadership next year, regardless of which party controls the White House. Hill… дальше »
2024-10-24 21:06 | |
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Andy Barr's 'Vision' for House Financial Services
Congressman Andy Barr (R-Ky. ) is one of the lawmakers running to succeed U. S. House Financial Services Committee Chair Patrick McHenry (R-N. C. ) as the head of the Republican wing of the committee, which oversees regulators like the Securities and Exchange Commission and is responsible for shepherding legislation that might affect the U. дальше »
2024-10-23 22:30 | |
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US Attorney Generals Ask Biden To Act On Binance Exec’s Detention In Nigeria
The US attorney generals for several states have requested US President Joe Biden to intervene in the detention of Binance executive Tigran Gimbrayan by Nigerian authorities. This development comes months after a similar approach by certain US lawmakers who cited concerns over the reported deteriorating health status of the former IRS officer. Related Reading: Nigerian […] дальше »
2024-10-21 15:00 | |
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Samson Mow Urges German Lawmakers To Embrace Bitcoin – Here’s Why
Samson Mow, founder of Bitcoin-focused company JAN3, recently addressed the German Bundestag in an effort to push for the state to adopt Bitcoin, thus pushing for “hyperbitcoinization” sooner to be able to live in a future where Bitcoin becomes every global citizen’s currency of choice. дальше »
2024-10-20 11:00 | |
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Privacy coins under fire: Can lawmakers regulate untraceable transactions?
The following is a guest post by Brendan Cochrane, Partner at YK Law LLP. Privacy coins, or cryptocurrencies with privacy-enhancing features designed to boost anonymity and reduce traceability, are at the heart of a brewing battle between personal financial freedom and government regulation. дальше »
2024-10-12 15:13 | |
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El Salvador doubles down on Bitcoin, defies IMF concerns
El Salvador has doubled down on its Bitcoin moves despite ongoing pressure from the International Monetary Fund (IMF) regarding the country’s use of the digital asset. On Oct. 4, Juan Carlos Reyes, President of the National Commission on Digital Assets (CNAD), announced that the Central American country’s lawmakers had passed “important amendments to the CNAD […] The post El Salvador doubles down on Bitcoin, defies IMF concerns appeared first on CryptoSlate. дальше »
2024-10-4 14:09 | |
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US Bitcoin Reserve Legislation Gains Bipartisan Support With Democrat’s Endorsement
According to a recent Forbes report, US lawmakers from both sides of the political spectrum are rallying around a proposal to create a strategic Bitcoin (BTC) reserve for the US, following Senator Cynthia Lummis’ speech at the 2024 Bitcoin Conference in Nashville. дальше »
2024-10-3 05:30 | |
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Congressional Call For Bitcoin Custody By Banks: Senators’ Letter To SEC’s Gensler Exposed
US Republican lawmakers from both chambers of Congress have taken a significant step in advocating for a more favorable regulatory environment for Bitcoin (BTC) and crypto asset custodians. In a letter addressed to US Securities and Exchange Commission (SEC) Chair Gary Gensler, a coalition of pro-crypto lawmakers, including House Financial Services Chair Patrick McHenry and […] дальше »
2024-9-26 18:30 | |
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Gensler a 'historically destructive or lawless chairman,' lawmakers allege
Lawmakers criticized Gensler, accusing the SEC of “selective enforcement” and rogue behavior. Gensler defended SEC’s stance, citing non-compliance in the cryptocurrency sector. The cryThe post Gensler a 'historically destructive or lawless chairman,' lawmakers allege appeared first on AMBCrypto. дальше »
2024-9-26 23:00 | |
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Ahead of today’s Congressional hearing on SEC oversight, Republicans urged Gensler to repeal SAB 121
Republican lawmakers have strongly requested that the U.S. Securities and Exchange Commission repeal a controversial rule for banks that deal with crypto. Yesterday, Sept. 23, a group of more than 40 members of Congress sent signed letters to the heads of… дальше »
2024-9-25 01:31 | |
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SAB 121 under fire: Bipartisan push to rescind controversial bulletin
Lawmakers urge SEC to rescind SAB 121 over concerns about consumer protection and innovation. SEC Chair Gensler faces scrutiny during Congress testimony regarding cryptocurrency regulation and The post SAB 121 under fire: Bipartisan push to rescind controversial bulletin appeared first on AMBCrypto. дальше »
2024-9-24 15:00 | |
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SEC’s Crypto Record Rebuked by Ex-Commissioner, GOP Lawmakers in Hearing
The U.S. Securities and Exchange Commission was hammered for two hours in a congressional hearing on Wednesday in which the witness list predominantly included agency critics, including former Commissioner Daniel Gallagher, who is now at Robinhood. дальше »
2024-9-20 20:02 | |
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U.S. Republican Lawmakers Say Crypto Legislation Not Yet Off the Table for This Year
Two of the leading U.S. lawmakers seeking crypto oversight legislation, Rep. Patrick McHenry (R-N.C.) and Sen. Cynthia Lummis (R-Wyo.), are maintaining their position that a chance remains for a bill to clear Congress before the year is out. дальше »
2024-9-18 19:40 | |
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Tether eyes enhanced government relations after UK deems USDT a distinct property
Tether is working to improve its relations with regulators following the recognition of its USDT stablecoin as property in the UK. On Sept. 13, Tether announced that it hired Jesse Spiro to spearhead its global engagement efforts with lawmakers, regulators, and key stakeholders. дальше »
2024-9-14 00:44 | |
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Tether poaches PayPal exec to engage with lawmakers
Tether has appointed former PayPal executive Jesse Spiro as its head of government affairs to lead policy and engagement with lawmakers, regulators, and key stakeholders. Stablecoin issuer Tether (USDT) is expanding its government relations efforts with the appointment of Jesse… дальше »
2024-9-14 16:22 | |
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Lawmakers to probe SEC over suspected political favoritism in staffing
Lawmakers have launched a joint investigation into the Securities and Exchange Commission (SEC), raising concerns that the agency may have engaged in politically motivated hiring practices, according to a Sept. дальше »
2024-9-12 23:00 | |
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Digital Chamber Asks Lawmakers to Classify NFTs as Consumer Goods Amid SEC Scrutiny
The Digital Chamber advocates for NFTs as consumer goods, warning against SEC overreach, which could harm innovation and creators. The post Digital Chamber Asks Lawmakers to Classify NFTs as Consumer Goods Amid SEC Scrutiny appeared first on BeInCrypto. дальше »
2024-9-12 19:51 | |
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Digital Chamber urges lawmakers to classify NFTs as consumer goods amid SEC enforcement concerns
The Digital Chamber (TDC) has called on Congress to pass legislation that would define certain non-fungible tokens (NFTs) as consumer goods and exempt them from federal securities laws. The move follows growing concerns over the Securities and Exchange Commission’s (SEC) recent enforcement actions, including the issuance of a Wells notice to NFT marketplace OpenSea. дальше »
2024-9-11 03:30 | |
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Congressional hearing on DeFi reveals deep partisan divide over regulatory approach
A House hearing on DeFi highlighted deep divisions between lawmakers. Democrats pushed for stricter regulation to protect consumers from scams, while Republicans advocated for a light-touch approach to encourage innovation. дальше »
2024-9-11 00:00 | |
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Nigerian lawmakers eye economic boost through crypto taxation
The Nigerian Federal Inland Revenue Service (FIRS) plans to introduce legislation to tax the growing crypto sector, according to local media outlet Business Day. FIRS Executive Chairman Zacch Adedeji announced this during a session with the National Assembly’s Finance Committees, highlighting that the new regulation would drive economic growth while encouraging innovation. дальше »
2024-8-20 19:41 | |
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Democrats launch Harris for crypto campaign to strengthen pro-crypto talking points
Democratic Party lawmakers, in conjunction with Vice President Kamala Harris’s campaign team, have launched a campaign to discuss crypto industry matters. On Aug. 8, U.S. Congressman Wiley Nickel announced he had joined the Crypto4Harris campaign and would attend the upcoming… дальше »
2024-8-9 14:29 | |
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Polymarket targeted as US lawmakers push to ban election gambling
A group of U.S. lawmakers, led by Oregon Senator Jeff Merkley, has called on the Commodity Futures Trading Commission to ban gambling on American elections. The lawmakers, including Senators Richard Blumenthal, Chris Van Hollen, Elizabeth Warren, and Sheldon Whitehouse, along… дальше »
2024-8-6 22:02 | |
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Russia approves cryptocurrency for international trade amid sanctions pressure
Russian lawmakers have approved a groundbreaking new law allowing the use of cryptocurrency for global transactions as the country continues to face intense financial pressure from Western sanctions. дальше »
2024-7-31 21:14 | |
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Russia mulls launching tokens backed by cenbank-owned gold: report
As sanctions keep biting, Russia is exploring gold-backed tokenized assets for cross-border trades, with plans for broader testing by year-end. Russian lawmakers are exploring the introduction of gold-backed tokenized assets, directly managed by the central bank, as a solution for… дальше »
2024-7-27 14:32 | |
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Russian lawmaker pushes for Hamster Kombat ban over scam concerns
Anatoly Aksakov, the leader of Russia’s State Duma Banking Committee, has urged banning Telegram’s tap-to-earn game Hamster Kombat, saying it “manipulates” people’s minds. Russian lawmakers appear to be set to address concerns about Telegram‘s Hamster Kombat, as Anatoly Aksakov, head… дальше »
2024-7-20 14:20 | |
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South Korea moves to delay crypto tax until 2028 amid market concerns
South Korean lawmakers have proposed a bill to delay the implementation of crypto gain tax until 2028. The ruling political party proposed the bill on July 12, citing the current negative sentiments around the crypto industry as the reason for the extension. дальше »
2024-7-16 16:00 | |
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Crypto super PAC gets crucial wins in US primaries, plans significant spending for general election
Fairshake PAC plans to spend over $100 million in the general election to back pro-crypto lawmakers. The super PAC funded by major crypto companies achieved significant victories in recent congressional primaries. дальше »
2024-6-27 21:47 | |
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