Congressman Khanna backs Bitcoin strategic reserve as Democrats seek a ‘crypto reset’

Bipartisan support builds for a U.S. strategic Bitcoin reserve as Senators Lummis and Khanna back Bitcoins potential as a national asset. The post Congressman Khanna backs Bitcoin strategic reserve as Democrats seek a ‘crypto reset’ appeared first on Crypto Briefing. дальше »

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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 »

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Markets Crave A 50 Basis Point Cut: Top Meme Coins Now

Analysts and macro experts have been wailing that the FED is behind the curve and should have cut rates in July. Even Democratic senators weighed in, writing a letter asking for a 75 basis point cut. дальше »

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Sen. Warren advises 75bps Fed cut on recession fears 

Despite rhetoric about a strong U.S. economy, three Democratic Senators urged the Federal Reserve to implement an aggressive monetary policy shift. Crypto-skeptic U.S. Senator Elizabeth Warren of Massachusetts called on the Federal Reserve and its chair, Jerome Powell, to slash… дальше »

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North Carolina Senate overrides governor veto, passes bill banning CBDC

A North Carolina Senate veto-busting vote saw 12 Democratic Party senators who initially voted for the bill to ban a CBDC switch to backing Governor Roy Cooper’s veto. дальше »

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US Senate Majority Leader to speak at crypto event for Kamala Harris

Senator Chuck Schumer and 10 Democratic senators sided with Republicans to pass a resolution overturning an SEC rule on banks holding crypto, later vetoed by President Biden. дальше »

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Bitcoin bill gains support, thousands push US senators to back it

U. S. citizens are backing a bill to create a Strategic Bitcoin Reserve following remarks from former President Donald Trump and Wyoming Senator Cynthia Lummis. According to Bitcoin (BTC) proponent Dennis Porter, nearly 3,000 U. дальше »

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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 »

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Proposed bill strengthens US Secret Service’s role in combating crypto crimes

Senators propose a bill to strengthen the Secret Service's role in investigating crypto-related crimes and financial threats. дальше »

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2,200 letters flood Senate seeking support for Bitcoin Strategic Reserve

Following pro-crypto Senator Cynthia Lummis’ plea to enact a Bitcoin Strategic Reserve bill at the end of July, U. S. Senators have now received over 2,200 letters urging them to support the proposal. дальше »

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Digital Chamber urges US senators to support Lummis’ Bitcoin reserve bill

The crypto advocacy group says it is hand-delivering letters to every US Senator explaining why Bitcoin would help the US secure its position as a world leader. дальше »

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Digital Chamber urges US senators to back Lummis’ Bitcoin bill

Supporting the Bitcoin bill could reshape US fiscal policy, potentially stabilizing the economy and reducing national debt through digital assets. The post Digital Chamber urges US senators to back Lummis’ Bitcoin bill appeared first on Crypto Briefing. дальше »

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US senate hopefuls look for crypto bump at Bitcoin 2024

The panel was a referendum on Elizabeth Warren and what happens if we don’t elect the right senators

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Bipartisan bill seeks to combat AI Deepfake misuse with watermarking and provenance

A new bill introduced by a group of bipartisan Senators seeks to combat the misuse of artificial intelligence (AI) deep fakes by mandating watermarking of such content. The bill, presented by Senator Maria Cantwell (D-WA), Senator Marsha Blackburn (R-TN), and… дальше »

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As the U.S. Commodities Regulator Urges Fast Crypto Action, Senators Still Scrambling

While Senate Agriculture Committee Chairwoman Debbie Stabenow (D-Mich.) said that her latest legislative proposal for overseeing the crypto markets is on the way to her panel's fellow members this week, the committee's top Republican said his meetings with the digital assets industry indicate that those businesses don't yet like what they're seeing. дальше »

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Crypto Push: Coinbase CEO Engages With US Senators For Regulatory Clarity

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. дальше »

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SEC Chair Gary Gensler Reveals Spot Ethereum ETFs Are Coming This Summer

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Ether ETFs Should Be Fully Approved by September, Says SEC Chair Gensler

U.S. Securities and Exchange Commission Chair Gary Gensler said that the final approvals for exchange-traded funds (ETFs) trading Ethereum's ether {{ETH}} should be finished this summer, he told senators in a budget hearing on Thursday. дальше »

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Fed Should Cut Interest Rate as Restrictive Stance Adds to Inflation, Democrats Say

Elevated interest rates aimed at taming inflation have become a part of the problem, three Democrat senators said. дальше »

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Bitcoin Privacy On Trial: Samourai Developers' First Court Hearing Recap

The US Department of Justice (DoJ) says it plans to bring "substantial" evidence against the developers while US senators argue that they did nothing wrong. дальше »

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US lawmakers vote in favor of repealing controversial SEC accounting rules for crypto

The US Senate voted in favor of repealing the SEC’s Staff Bulletin 121 (SAB 121) on May 16. In all, 60 Senators voted in favor of HJ Res. 109, a resolution to overturn the bulletin, while 38 Senators voted against it. дальше »

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US Senators Demand DOJ Rethink Stance on Non-Custodial Crypto Services

Senators Wyden and Lummis criticize the DOJ's stance on non-custodial crypto services, warning it could stifle innovation and criminalize developers. The post US Senators Demand DOJ Rethink Stance on Non-Custodial Crypto Services appeared first on BeInCrypto. дальше »

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Bipartisan Senators probe FinCEN crypto mixer lawsuits

A bi-partisan duo wrote a letter to the Department of Justice, challenging FinCEN’s “unprecedented interpretation” of rules used to sue crypto mixers. дальше »

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Senators question DOJ for ‘unprecedented interpretation’ over Samourai Wallet and Tornado Cash

US senators Ron Wyden and Cynthia Lummis sent a letter to the DOJ questioning if services like Samourai Wallet meet the definition of money transmitters under current laws and guidance. The post Senators question DOJ for ‘unprecedented interpretation’ over Samourai Wallet and Tornado Cash appeared first on Crypto Briefing. дальше »

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US senators challenge DOJ’s broad definition of crypto money transmitters

Two US lawmakers have opposed the Department of Justice’s (DOJ) attempt to expand the definition of a money-transmitting business. In a May 9 letter to US Attorney General Merrick Garland, Senators Cynthia Lummis and Ron Wyden argued that the DOJ’s broad interpretation could criminalize non-custodial crypto asset software services. дальше »

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U.S. Senators Question Justice Department's Pursuit of Crypto Mixers

A bipartisan pair of U.S. senators is questioning Attorney General Merrick Garland about the "unprecedented interpretation" of law the Department of Justice (DOJ) is using to pursue cryptocurrency software services as unlicensed money-transmitting businesses. дальше »

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Iran & Arkansas - Is crypto mining under threat right now?

Senators Warren and King believe Iran's crypto mining profits pose national security concerns Arkansas lawmakers passed a bill regulating crypto mining With Bitcoin's halving well behind theThe post Iran & Arkansas - Is crypto mining under threat right now? appeared first on AMBCrypto. дальше »

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US Senators cite security concerns over Iran’s crypto mining sector

Iran’s cryptocurrency mining sector is under fire as United States Senators Elizabeth Warren and Angus King believes its a threat to national security. According to a letter to National Security Advisor Jake Sullivan, Defense Secretary Lloyd Austin and Treasury Secretary Janet Yellen, sent on May 1,… дальше »

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Elizabeth Warren raises concerns over Iran’s crypto mining operations

Senators Elizabeth Warren and Angus S. King, Jr. have formally addressed top Biden administration officials in a letter concerning US efforts to combat Iran’s utilization of crypto mining as a means to evade international sanctions. дальше »

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Iranian crypto mining poses ‘direct threat’ to national security, Senators Warren and King argue

Senators Warren and Angus King argue that Iran has been using crypto and ransomware attacks and potentially evading US sanctions. The post Iranian crypto mining poses ‘direct threat’ to national security, Senators Warren and King argue appeared first on Crypto Briefing. дальше »

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Former Biden advisor predicts US crypto regulation imminent

The double-edged nature of cryptocurrencies has become increasingly apparent, particularly in their role in facilitating child sexual abuse material (CSAM).  Speaking to crypto. news, former Whitehouse insider Moe Vela said he expects the government to intervene soon. дальше »

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US senators warn of countries using Tether to circumvent sanctions

Senators sent letters to several departments about Russia, Iran, and North Korea possibly using Tether's stablecoin to avoid U.S. sanctions. дальше »

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Senator Warren: Crypto Is The “Payment Of Choice” For Child Sexual Abuse, Urges DOJ Action

In a joint effort to combat the illicit trafficking of child sexual abuse material (CSAM), US senators Elizabeth Warren and Bill Cassidy have written a letter to the US Department of Justice (DOJ) and Department of Homeland Security (DHS) expressing concern about the alleged use of crypto to facilitate these activities.  Alleged Link Between Crypto […] дальше »

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Warren calls on DOJ, NHS to crackdown on crypto payments for child sexual abuse material

US Senators Elizabeth Warren (D-Mass. ) and Bill Cassidy (R-La. ) are urging US authorities to crack down on the use of crypto in the illegal trade of child sexual abuse material (CSAM). The lawmakers raised the alarm in an April 26 bipartisan letter addressed to Attorney General Merrick Garland and Secretary of Homeland Security Alejandro Mayorkas. дальше »

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US senators cracking down on crypto use in child abuse trade

U.S. senators Elizabeth Warren and Bill Cassidy have urged the Department of Justice (DOJ) and Department of Homeland Security (DHS) to double down on their efforts to combat crypto use in the market for child sex abuse material (CSAM). In… дальше »

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US senators target cryptocurrency use in child abuse trade

Senators Elizabeth Warren and Bill Cassidy are asking federal agencies about their technical capacity to combat crypto payments in the sale of child abuse material. дальше »

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The Ever-Dwindling Chances for a Stablecoin Law

Last week, U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) introduced a joint bill addressing how stablecoins could be regulated in the country. It's the latest effort to try and get something done in the U.S. legislative front – but is it enough? дальше »

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Coin Center says Senate-presented stablecoin bill poses risks to innovation and free speech

Coin Center says the recently proposed stablecoin bill from Senators Cynthia Lummis and Kirsten Gillibrand may be “unconstitutional” due to its ban on algorithmic payment stablecoins. Coin Center, a non-profit advocating crypto organization, said in a recent blog statement that… дальше »

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Is Fiat Failing? Analyst Claims Bitcoin Offers Millennials A Financial Lifeline

Prominent Bitcoin advocate and co-founder at CMCC Crest, Willy Woo, has sparked a spirited discussion surrounding the future of Bitcoin and its potential impact on younger generations. Related Reading: Stablecoins Get A Seat At The Table: US Senators Unveil New Regulations In a recent Twitter exchange with Jesse Colombo, Director of Marketing at BullionStar, Woo […] дальше »

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US senators reveal new stablecoin bill

U.S. Senators Kirsten Gillibrand and Cynthia Lummis introduced a bill to regulate stablecoins. дальше »

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US senators propose bipartisan stablecoin bill opening door to FDIC insurance in US

US senators Cynthia Lummis and Kirsten Gillibrand have jointly unveiled bipartisan legislation aimed at creating a clear regulatory framework for payment stablecoins, according to an April 17 statement. дальше »

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US Senate bill would ban algorithmic stablecoins like Ethena USDe

Senators Kirsten Gillibrand and Cynthia Lummis released their much anticipated stablecoin regulation bill this week. Known as the Lummis-Gillibrand Responsible Financial Innovation Act, the bill aims to streamline the stablecoin industry and reduce the risks of another Terra collapse. дальше »

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U.S. Senators Lummis, Gillibrand Take on Stablecoin Legislation With New Bill

U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) are taking another swing at crypto-specific legislation, with a narrowly tailored bill seeking to define how stablecoins – cryptocurrencies that maintain a value with some other asset, like the U.S. dollar – will operate in the U.S. дальше »

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Senators probe CFTC chair’s ties with Sam Bankman-Fried

Senators are demanding transparency from the CFTC concerning its past interactions with Sam Bankman-Fried. The post Senators probe CFTC chair’s ties with Sam Bankman-Fried appeared first on Crypto Briefing. дальше »

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Senators demand detailed accounting of CFTC’s interactions with SBF

US Senators Elizabeth Warren and Charles Grassley have formally requested a detailed accounting of all interactions between Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam and disgraced crypto mogul Sam Bankman-Fried (SBF). дальше »

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US senators to unveil bipartisan stablecoin legislation

Senator Kirsten Gillibrand revealed ongoing discussions about forthcoming stablecoin regulation дальше »

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US Senators Gillibrand and Lummis Set to Unveil a New Stablecoin Legislation

Senators Gillibrand and Lummis's upcoming stablecoin legislation marks a crucial step towards integrating cryptocurrencies into the financial mainstream, promising innovation and regulatory balance. дальше »

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Crypto Mining Under Threat in Paraguay: Senators Propose Ban

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. дальше »

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US Senators Pressure SEC Chair To Block Approval Of Ethereum, Solana, XRP ETFs

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US senators want the SEC to halt further crypto ETF approvals

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. дальше »

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