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SEC's Gensler Won't Reveal His View on Trump's Bitcoin Reserve, Reiterates Bitcoin Isn't a Security
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler reiterated his stance that bitcoin is "not a security" but doubled down on his stated position that regulatory clarity exists for the crypto space in an interview with CNBC on Thursday. дальше »
2024-9-30 09:48
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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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Crypto-backed Candidate Ansari Narrowly Wins Arizona Primary By 39 Votes
Another crypto fan is likely to arrive in Congress next year, with Yassamin Ansari winning her Democratic primary race in Arizona by a scant 39 votes, a result confirmed Tuesday after an automatic recount. дальше »
2024-8-21 23:20
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Crypto-backed Candidate Ansari Narrowly Wins Arizona Primary by 39 Votes
Another crypto fan is likely to arrive in Congress next year, with Yassamin Ansari winning her Democratic primary race in Arizona by a scant 39 votes, a result confirmed Tuesday after an automatic recount. дальше »
2024-8-22 23:20
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Flood of Cash from Coinbase Gives Crypto One of the Biggest Campaign War Chests
The crypto industry has – with the addition of another $25 million from Coinbase Inc. on Monday – amassed one of the largest stockpiles of campaign cash in U.S. politics. дальше »
2024-6-3 12:30
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Wall Street Asks Biden Not to Veto Congress' Rejection of SEC Crypto Policy
In a rare lobbying overlap with crypto world, Wall Street banks and members of Congress are asking President Joe Biden to reverse course on his vow to veto the U. S. congressional resolution to overturn the U. дальше »
2024-6-3 00:26
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Is the House’s FIT21 Bill Really the Legislation That Crypto Needs?
While many in the industry cheered the passing of the Financial Innovation and Technology for the 21st Century Act yesterday, many other raised criticisms and concerns. дальше »
2024-5-26 22:48
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House Votes to Erase SEC Crypto Policy While President Biden Vows Veto
The U.S. House of Representatives is poised to vote on a resolution Wednesday to reject the Securities and Exchange Commission (SEC) cryptocurrency accounting guidance that the industry said has deterred banks from handling crypto customers, but President Joe Biden is already promising he'll veto the effort if it hits his desk. дальше »
2024-5-9 23:17
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House's McHenry Accuses SEC Chief Gensler of Misleading Congress on Ethereum
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has been accused of misleading Congress by Rep. Patrick McHenry, the chairman of the House Financial Services Committee, who said Gensler's agency already knew it considered Ethereum's ether a security before he attended a hearing and declined to answer that question. дальше »
2024-5-1 00:40
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Crypto PAC Spent Millions to Get Alabama Candidate on Path Toward Congress
Shomari Figures, a Washington insider with a lengthy progressive resume, didn't pull in the most money in direct contributions as he sought one of Alabama's seats in the U. S. House of Representatives. дальше »
2024-4-18 19:21
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Key U.S. Lawmaker McHenry Says House Has 'Workable' Stablecoin Bill
U.S. Rep. Patrick McHenry (R-N.C.) said some of the recent chaos in Congress derailed crypto legislation for a while, but a stablecoin bill is largely worked out in the House of Representatives and just needs a schedule floor vote. дальше »
2024-3-21 21:29
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Spotlight on AI, digital assets at House subcommittee hearing
The House Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion convened a pivotal hearing on Dec. 5, to hear from high-ranking representatives from federal agencies, including the Federal Reserve, Securities and Exchange Commission (SEC), and the Office of the Comptroller of the Currency (OCC), spoke on the increasing influence of new technologies such […] The post Spotlight on AI, digital assets at House subcommittee hearing appeared first on CryptoSlate. дальше »
2023-12-6 01:50
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U.S. House's Spending Bill Aims to Hamstring SEC's Gensler Amid His Crypto Crackdown
As the U.S. House of Representatives weighs legislation on next year's spending, a provision was added on Wednesday that would deprive funding from U.S. Securities and Exchange Commission (SEC) enforcement actions against crypto businesses. дальше »
2023-11-9 02:58
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U.S. Bill Proposes Outlawing Government Use of China-Made Blockchains and Tether's USDT
Government officials would no longer be able to use networks developed by China that power crypto transactions, according to a new bipartisan bill. дальше »
2023-11-9 01:20
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U.S. SEC's Knock From Congressional Watchdog May Not Budge Crypto Accounting Policy
As the U. S. Securities and Exchange Commission (SEC) Chair keeps chasing non-compliance in crypto, his agency was slammed by the watchdog Government Accountability Office (GAO) for its own compliance failure in issuing crypto accounting standards without treating the policy as a formal rule. дальше »
2023-11-5 18:21
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U.S. SEC Messed Up in Handling Contentious Crypto Accounting Bulletin: GAO
The U.S. Securities and Exchange Commission (SEC) was out of bounds when it issued its controversial "Staff Accounting Bulletin 121," according to the Government Accountability Office (GAO). The 2022 guidance, which the industry says threatens crypto investors' ability to find safe harbors for their assets, should have been treated as a formal rule, the GAO concluded in a report issued on Tuesday. дальше »
2023-11-1 22:11
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Crypto Miners Lobby U.S. Lawmakers to Counter Environmental 'Misunderstanding'
When crypto mining is discussed in the U.S. Congress, it's often tied to claims that mining operations are environmental parasites, sapping finite energy resources. But representatives of that sector flooded offices on Capitol Hill this week to argue their businesses can help stabilize the power grid, tie into renewable resources and foster domestic technology. дальше »
2023-10-28 18:51
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US Congress remains legislatively paralyzed on crypto bills without a House speaker
Pieces of legislation aimed at establishing clarity on certain crypto policies are unable to move forward with half of the legislative branch of the U.S. government lacking leadership. дальше »
2023-10-24 20:10
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Rep. Tom Emmer reintroduces anti-CBDC bill to Congress
The bill would limit the Fed from issuing a CBDC, which Tom Emmer called a surveillance tool that would “undermine the American way of life.” дальше »
2023-9-13 07:11
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Crypto Mining Gets Its Own Lobbying Voice in Washington
Crypto miners are establishing a new voice in U.S. policy, starting up the Digital Energy Council to lobby for friendly policy as regulators and Congress are wrestling with the next steps in crypto regulation. дальше »
2023-8-16 00:00
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PayPal’s Stablecoin Is No Libra. Why the Timing Feels Right
Like Facebook's ill-fated Libra project, PYUSD is getting some pushback in Washington D.C. But its prospects seem more promising, says Michael J. Casey. дальше »
2023-8-12 19:16
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Congressman Warren Davidson calls to ban and criminalize CBDCs
“Money should not be programmable by a central authority,” argues Republican Representative Warren Davidson.
дальше »2023-7-24 07:17
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US lawmaker invokes SEC lawsuits in considering crypto regulatory framework
According to Rep. Maxine Waters, granting crypto firms provisional registration under a proposed framework “could reward bad actors with a ‘get out of jail free’ card.” дальше »
2023-6-14 22:59
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Robinhood Joins Coinbase in Saying It Tried to 'Come In and Register' Like SEC Wanted
With Coinbase (COIN) and Binance accused of running illegal exchanges by the U.S. Securities and Exchange Commission (SEC), the latest industry testimony in the U.S. House of Representatives this week revealed that companies had desperately sought the agency’s help to properly register but were turned away. дальше »
2023-6-8 21:09
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Crypto Execs Give Washington Influence Another Go With FTX Anchor Around Necks
When Washington, D.C. lawmakers tune into their favorite Sunday morning political shows this week, they’ll also get a dose of crypto messaging, thanks to a Coinbase (COIN) campaign that’s part of the next stage in the industry’s attempt to influence U.S. policy. дальше »
2023-5-25 22:53
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U.S. Hearing Highlights Stablecoin Rift in Competing House Bills
U.S. lawmakers aren’t yet able to reach across the chasm between Republicans and Democrats’ very different ideas for how to oversee stablecoins, despite notes of hope from both sides evident in a Thursday hearing of the House Financial Services Committee’s digital assets panel. дальше »
2023-5-19 19:45
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Kraken’s Top Lawyer Says Signs of Progress in U.S. Congress Put SEC in Legal Bind
While the U.S. Securities and Exchange Commission (SEC) continues to rain enforcement fire onto the crypto industry, Kraken’s chief legal officer, Marco Santori, says a specific legal doctrine could undermine the regulator’s authority. дальше »
2023-5-13 23:33
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Coinbase establishes advisory council with former US lawmakers
Former Senator Patrick Toomey, former Representative Tim Ryan, former Representative Sean Patrick Maloney, and others will advise Coinbase on crypto policies. дальше »
2023-5-13 23:03
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US House Financial Committee Republicans look for records to show crypto debanking
The lawmakers see a “coordinated strategy” to deny the digital asset industry access to banking that is not related to a desire to protect banks. дальше »
2023-4-27 04:48
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The Big Issues of Stablecoin Issuance
Here are the key issues as the House Financial Services Committee hears testimony about stablecoin regulation. дальше »
2023-4-19 17:29
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Speakers prepare to tell US House Financial Services Committee about stablecoins
Five experts will testify at a hearing titled “Understanding Stablecoins’ Role in Payments and the Need for Legislation,” with two of them releasing their scripts in advance. дальше »
2023-4-19 00:29
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Gary Gensler refuses to answer if ETH is a security: SEC hearing
SEC Chair Gary Gensler has said the SEC considers Bitcoin a commodity but refused to pin down Ether at an oversight hearing.
дальше »2023-4-19 18:24
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Congressional Republicans Criticize SEC Chair Gary Gensler's Crypto Approach Ahead of Hearing
Republicans on the House Financial Services Committee sent a letter criticizing Securities and Exchange Commission Chair Gary Gensler and his repeated entreaties to crypto companies to "come in and register" moments before a congressional hearing on his agency. дальше »
2023-4-19 16:56
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All eyes are on stablecoins: Law Decoded, April 10–17
A week before a hearing in Congress, the United States gets stablecoin regulatory framework.
дальше »2023-4-18 22:00
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House Republicans directly criticize Biden administration for digital asset policies
"Because of actions taken by this Administration, the United States is at risk of pushing the digital asset ecosystem overseas," said Republican Financial Services Committee members. дальше »
2023-3-10 21:46
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U.S. Lawmakers to Reintroduce Crypto Tax Reform Bill: Report
The Keep Innovation in America Act was first introduced in March 2021. дальше »
2023-3-7 15:35
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American regulators are pushing hard against crypto: Law Decoded, Feb. 28–March 6
Crypto mining operators, custodians and Binance personally received a fine doze of the United States officials' attention last week. дальше »
2023-3-7 20:45
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US legislators renew call for EPA investigation of crypto mining emissions data
Senator Edward Markey and Representative Jared Huffman want miners to disclose emissions data and the EPA to lead an investigation of their impact. дальше »
2023-3-6 00:44
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U.S. Lawmakers Reintroduce Bill to Force Crypto Miners to Disclose Emissions
U.S. Senator Edward Markey (D-Mass.) and Rep. Jared Huffman (D-Calif.) reintroduced a bill that would have crypto miners disclose their emissions and see the Environmental Protection Agency analyze the effect mining has. дальше »
2023-3-4 21:00
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US Congress to hold ‘crypto crash’ hearing on Feb. 14
The “Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets” hearing will come two months after senators met to discuss the collapse of FTX. дальше »
2023-2-4 21:30
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US lawmakers renew request for answers from Silvergate on FTX: Report
Silvergate reportedly cited restrictions on disclosing “confidential supervisory information” related to the collapse of FTX in response to a similar December 2022 letter. дальше »
2023-2-1 19:03
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Congressman Hill to ‘make sure’ US is the place for blockchain innovation
The chair of the Financial Services Subcommittee on Digital Assets wants to make America the place for fintech and blockchain innovation. дальше »
2023-1-28 07:51
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US House Republicans plan to establish crypto-focused subcommittee: Report
Representatives French Hill and Warren Davidson will reportedly be the chair and vice chair of the subcommittee focused on issues related to crypto. дальше »
2023-1-13 00:54
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US senator behind efforts to pass major crypto bill won’t seek re-election
Senator Debbie Stabenow was one of the lawmakers behind introducing the Digital Commodities Consumer Protection Act in August.
дальше »2023-1-6 21:45
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US politicians beat the financial markets in 2022, reduced exposure to crypto
Based on publicly available disclosures, many US Congress members beat the wider markets for another year. дальше »
2023-1-5 20:45
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SEC was ‘asleep at the wheel’ about FTX — US Rep. Sessions
The Texas Congressman urged lawmakers to examine the SEC’s efforts to prevent fraud at the crypto exchange.
дальше »2022-12-18 22:34
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FTX hearing: US lawmakers criticize use of Quickbooks, creepy dough, and 'conscientious stupidity'
Some members of the U.S. House of Representatives questioned whether Sam Bankman-Fried’s actions at FTX and Alameda may have been willful or due to gross incompetence. дальше »
2022-12-14 20:48
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US lawmakers introduce bill aimed at reporting on crypto miners' potential environmental impact
The Crypto-Asset Environmental Transparency Act would instruct the Environmental Protection Agency to report on crypto mining activity consuming more than five megawatts. дальше »
2022-12-9 00:54
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US lawmaker questions major crypto exchanges on consumer protection amid FTX collapse
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. дальше »
2022-11-30 00:45
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US Sen. Warren and Durbin demand answers from Bankman-Fried and his successor at FTX
Two crypto-unfriendly Democratic senators have sent a letter to the executives with a list of detailed and penetrating questions about the behavior of Bankman-Fried and his businesses. дальше »
2022-11-18 00:45
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