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New Privacy Bill Aims to End Government’s Grip on Americans’ Financial Data
24.10.2024
The Saving Privacy Act, aimed at curbing federal surveillance of Americans’ financial data, is gaining momentum. Backers argue the government has overreached, violating privacy rights without effectively targeting criminals. Provisions include repealing key financial reporting laws...
US Senator Sounds Alarm on 3 Major Crypto Threats — Could Digital Assets Be in Danger?
15.10.2024
Utah Republican senator Mike Lee outlined three major regulatory risks to the cryptocurrency industry at the recent Permissionless III crypto conference. They are the creation of a central bank digital currency (CBDC), fragmented state regulations, and heavy federal oversight. He warned these could...
Bipartisan support for crypto is ‘fragile’ — Congressman John Curtis
11.10.2024
71 Democrats joined their Republican colleagues in a rare bipartisan effort to repeal the SEC’s SAB-121 guidelines earlier this year
Utah Senator Seeks to Abolish Federal Reserve
14.6.2024
Republican Senator Mike Lee from Utah has introduced legislation to abolish the U.S. central bank and its Board of Governors. Lee contends that the U.S. Federal Reserve has “repeatedly failed” the American public and argues for its dissolution. Federal Reserve Targeted for Abolition by Senator Mike...
India Plans to Unveil Central Bank Digital Currency Model by Year End
9.8.2021
The deputy governor of India’s central bank, the Reserve Bank of India (RBI), says the bank should be able to come up with a central bank digital currency (CBDC) model by the end of this year. India May Unveil a CBDC Model by Year End The Reserve Bank of India (RBI) may unveil a model...
US Senator Warns Passing Unproven Crypto Law Will Stifle Innovation and ‘Make Americans Poorer’
8.8.2021
U.S. Senator Mike Lee has raised concerns that adopting the crypto tax provision in the $1.2 trillion infrastructure bill will stifle innovation and make Americans poorer. He explained that cryptocurrencies are not like securities and cannot be regulated with the same policies, noting that to do...