2023-5-8 12:15 |
Democratic Party lawmaker Kim Nam-kuk had reportedly co-sponsored a bill seeking to defer taxation on crypto profits. origin »
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The lawmaker said the regulation will need to be both “pragmatic” and “proportionate” to ensure economic growth is maximized.
2023-4-19 05:23 | |
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U. S. Congressman Tom Emmer highlighted SEC Chair Gary Gensler's unfair approach towards crypto regulation. The lawmaker believes that Gensler regulates the crypto industry in bad faith.
2023-4-8 12:30 | |
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The new legislation, which will be put to vote on Tuesday, is set to impose new restrictions on transactions from self-hosted wallets.
2023-3-28 11:53 | |
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The Lone Star State is already home to many crypto and blockchain firms as well as miners taking advantage of the regulatory-friendly environment.
2023-3-22 22:35 | |
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Coinspeaker This US Lawmaker Says Signature Bank Collapse Was Due to Instability in Crypto Senator Michael Bennet from Colorado said that Signature Bank didn't make “prudentially sound” decisions while dealing with crypto.
2023-3-20 13:48 | |
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Senator Michael Bennet said crypto was not “even as stable as the marijuana industry,” questioning Signature Bank’s ability to service digital asset firms but not dispensaries.
2023-3-17 01:00 | |
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The collapse of Signature Bank, Silicon Valley Bank and Silvergate Bank has had many in the space reeling — but is the U.S. government trying to “choke off digital assets”?
2023-3-16 20:14 | |
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A letter from two U.S. senators cited reports of Instagram being behind many teenagers experiencing suicidal thoughts, and Meta's failure to stop harmful ads aimed at young adults.
2023-3-3 00:41 | |
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The adoption of crypto law in Ukraine has been slowed mainly due to the need to adapt it to tax and civil codes, an official told Cointelegraph in an exclusive interview.
2023-2-28 15:00 | |
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Crypto companies’ lobbying spending increases as the industry gains momentum. Read how the adoption surge is attracting lawmaker attention. The post Crypto Companies Spent More than $50M on Lobbying Activities in Last 6 Years appeared first on BeInCrypto.
2023-2-22 08:02 | |
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The French National Assembly plans offer more time than a Senate proposal, as the country prepares for a new EU crypto law
2023-1-18 02:17 | |
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Russia’s crypto OTC platform Bankoff has reportedly not only helped officials avoid sanctions but also generated some gains.
2022-12-21 18:00 | |
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Crypto is at the crosshair of a U.S. lawmaker – and it’s not surprising. Sen. Sherrod Brown, Chairman of United States Banking, Housing, and Urban Affairs Committee, suggested on December 18 that federal agencies including the Commodity Futures Trading Commission (CFTC) and Securities and Exchange Commission (SEC) should perhaps consider the idea of banning crypto […]
2022-12-19 19:08 | |
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Nigeria lawmaker Babangida Ibrahim said that the country is set to recognize cryptocurrencies as an investment class in its proposed investments and securities amendment bill, local Punch news reports.
2022-12-19 13:15 | |
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The anti-crypto rhetoric has been ramping up in the United States. The latest lawmaker to deride the entire ecosystem is Senate banking chairman Sherrod Brown who suggested a crypto ban. The post US Crypto Ban Proposal Tossed Around By Senate Banking Chair appeared first on BeInCrypto.
2022-12-19 07:32 | |
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European Parliament Vice President Eva Kaili, a key figure in ongoing efforts to regulate crypto in Europe, has been suspended from her party in reaction to reports that she and others are allegedly tied to a wide-ranging corruption scandal involving illicit lobbying activity for Qatar.
2022-12-11 01:51 | |
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Texas combines plentiful and relatively low-energy prices with free enterprise, according to the lawmaker.
2022-12-5 19:22 | |
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The lawmaker begs the industry to leave the "bad boats" to burn out at sea and ditch the word "crypto" following FTX collapse.
2022-12-2 20:30 | |
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Binance, Coinbase, Bitfinex, Gemini, Kraken and KuCoin were targets of one senator's probe into protections the firms had in place if a failure similar to FTX’s occurred again.
2022-11-30 00:45 | |
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US lawmaker Tom Emmer has criticized SEC chairman Gary Gensler's approach toward crypto, describing it as "burdensome." The post SEC Chair Gary Gensler Criticized for Approach to Crypto Regulation by US Lawmaker appeared first on BeInCrypto.
2022-11-27 20:39 | |
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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.
2022-11-22 20:31 | |
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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.
2022-11-19 13:43 | |
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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.
2022-11-17 20:46 | |
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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.
2022-11-16 00:29 | |
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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.
2022-11-14 12:03 | |
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“FTX’s FTT tokens are now worthless, and even worse, FTX.com customers are completely unable to access their funds,” said Maxine Waters.
2022-11-11 20:16 | |
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All kinds of unregistered crypto providers, including stablecoin issuers, could also be outlawed by the rules.
2022-11-3 15:52 | |
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2022-10-27 17:59 | |
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Rishi Sunak’s government said it wants to “tentatively seize” crypto opportunities as it prepares to widen the regulatory net
2022-10-28 15:07 | |
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Senator Hickenlooper requested the SEC engage with the public by opening a “notice-and-comment period” to develop rules and regulations applicable to crypto.
2022-10-14 21:45 | |
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Jared Huffman, a United States House of Representatives member, has reportedly queried some U. S. federal agencies’ unwillingness or reluctance to respond to recommendations in a recently released White House report on cryptocurrency mining.
2022-10-6 05:00 | |
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Representative Patrick McHenry said regulatory clarity for digital assets would be one of his "top priorities" if he became the next chair of the House Financial Services Committee.
2022-9-30 22:15 | |
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“We’ve got to move, pick a regulator, and give the market the certainty and guardrails it deserves,” said House Representative Josh Gottheimer.
2022-9-28 00:05 | |
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Congress’ attempt to make the Commodity Futures Trading Commission (CFTC) the primary U.S. cryptocurrency regulator took a procedural step forward on Thursday, with a House lawmaker introducing a bill supporting a parallel effort in the Senate.
2022-9-23 00:07 | |
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A political deal struck in June left many still scratching heads about whether licensing rules will apply to non-fungible tokens
2022-9-2 21:53 | |
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"This is literally about looking at America and opportunities for Americans," according to Minnesota Representative Tom Emmer.
2022-8-31 23:45 | |
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U.S. Sen. Pat Toomey said whistleblowers had informed him that the FDIC was pressuring banks to stop providing services to crypto companies.
2022-8-17 09:42 | |
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The Securities and Exchange Commission (SEC) has come under sharp criticism from a U.S. lawmaker who questioned the...
2022-8-11 00:42 | |
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"Industry shouldn’t be allowed to write the rules that they want to play by,” said Senator Sherrod Brown in calling for U.S. lawmakers and regulators to address crypto scams.
2022-7-29 21:00 | |
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A new Senate grouping is needed to educate lawmakers about the risk of crime using virtual assets, the Centrist Union’s Nathalie Goulet told CoinDesk.
2022-7-28 18:13 | |
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US lawmaker Brad Sherman has questioned why the Securities and Exchange Commission (SEC) has not gone after crypto exchanges facilitating Ripple (XRP) trades if it considers it to be a security. The post US Congressman questions SEC’s lack of action against ‘big fish’ exchanges if Ripple is a security appeared first on CryptoSlate.
2022-7-20 14:30 | |
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The bipartisan crypto bill by US Senators Cynthia Lummis and Kirsten Gillibrand is unlikely to go to a vote this year, Lummis said on Tuesday. According to the lawmaker, the crypto legislation might see a Senate vote in 2023, noting that the bill still has to go through various committees.
2022-7-20 23:23 | |
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The SEC has been in the practice of sending out subpoenas to crypto industry participants that do not lie within its jurisdiction, one of its top officials admitted today in...
2022-7-20 20:48 | |
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Representative Brad Sherman said the SEC's enforcement case against Poloniex was like going after "small fish" compared to major exchanges, which may include Kraken and Coinbase.
2022-7-20 18:32 | |
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MOEX is likely to do a great job in launching a crypto trading division due to its full compliance with the rules of the Bank of Russia, the official said.
2022-7-8 18:38 | |
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While some regulators remain fairly pessimistic about the crypto markets, others believe the nascent market will usher in the next phase of innovation and global competition. Pierre Person, a long-time proponent of Europe embracing the nascent market, has again called for the bloc to push towards becoming a center for crypto and blockchain innovation. Person’s […]
2022-6-10 01:43 | |
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Europe needs to stop dithering and capture the crypto opportunity, Pierre Person says
2022-6-8 10:00 | |
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The controversial New York crypto mining bill is not looking to ban Proof-of-Work (PoW) crypto mining, Anna Kelles, the lawmaker who wrote and sponsored the bill, told CNBC. The post Lawmaker behind NY crypto mining bill clarifies it is not a blanket PoW ban appeared first on CryptoSlate.
2022-6-6 17:00 | |
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Crypto companies club together to oppose a bill that the responsible lawmaker says only affects a small proportion of the crypto mining community in New York. The post New York State Assemblymember Denies Moratorium Bill Is a ‘Ban’ appeared first on BeInCrypto.
2022-6-5 18:00 | |
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Nic Carter lays out his arguments against a Bitcoin Strategic Reserve.
Texas lawmakers have introduced a bill to establish a state-managed Bitcoin reserve, aiming to explore the potential role of crypto in public finance. Filed on Dec. 13 by Republican Rep. Giovanni Capriglione, the legislation would allow the state to collect taxes, fees, and donations in Bitcoin, with the assets held for at least five years.
State Auditor Andrew Sorrell has proposed that Alabama create a strategic Bitcoin (BTC) reserve to ensure its continued leadership in crypto adoption. He argued that such a move would diversify the state’s assets, attract crypto-focused businesses, and establish Alabama as a pioneer in the digital asset space.
Former US Secretary of the Treasury Larry Summers said in an interview with Bloomberg that the idea of a national Bitcoin (BTC) reserve is “crazy. “ Summers said he understands the concept of other commodities’ reserves, such as oil and gold, but argued: “Of all the prices to support, why would the government choose to […] The post Former US Treasury Secretary calls Bitcoin reserve ‘crazy’ idea appeared first on CryptoSlate.
Ripple Labs donated $25 million to the Fairshake political action committee (PAC), according to the firm’s CEO Brad Garlinghouse. The donation, which adds to the $78 million Fairshake raised earlier this month, brings the total to $103 million.
Financial services firm Cantor Fitzgerald, which serves as Tether’s banking partner, is looking to work with the stablecoin issuer on a program that will allow clients to borrow dollars against Bitcoin as collateral, Bloomberg reported on Sunday.
President-elect Donald Trump announced Howard Lutnick, CEO of financial services firm Cantor Fitzgerald, as his nominee for Secretary of Commerce on Nov. 19. The decision positions Lutnick, a vocal proponent of protectionist trade measures and cryptocurrencies, at the helm of US economic policy, focused on tariffs and trade reform.