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MoonPay CEO calls on Congress to keep state authority over stablecoins


Ivan Soto-Wright, CEO of cryptocurrency payment firm MoonPay, is calling on US lawmakers to leave a path open to state-level regulators when passing legislation on stablecoins.In an April 18 X post, Soto-Wright said he wanted Congress to “keep state-regulated issuers in the game” when...

MoonPay CEO calls on Congress to keep state authority over stablecoins


Ivan Soto-Wright, CEO of cryptocurrency payment firm MoonPay, is calling on US lawmakers to leave a path open to state-level regulators when passing legislation on stablecoins.In an April 18 X post, Soto-Wright said he wanted Congress to “keep state-regulated issuers in the game” when...

NYAG Letitia James Pushes Congress Hard With Urgent Crypto Demands


New York’s top legal authority has sounded the alarm on crypto, demanding Congress impose sweeping regulations to safeguard national security and economic stability. NYAG Letitia James Sounds Alarm With Blistering Crypto Warning to Congress New York Attorney General Letitia James issued...

SEC Commissioner Calls for 7 Crypto Reforms That Corner Congress With Urgency


SEC commissioner laid out a bold seven-point plan urging Congress to slash red tape, empower existing agencies, and protect peer-to-peer crypto from regulatory overreach. SEC Commissioner Pressures Congress With 7-Point Crypto Framework for Fast Reform U.S. Securities and Exchange Commission (SEC)...

Top Priority: Incoming SEC Chair Promises Solid Crypto Framework


The incoming SEC chair vowed to prioritize a clear crypto framework, criticizing outdated rules for hindering innovation and U.S. leadership. Incoming SEC Chair Calls for Clear Crypto Rules, Economic Revival Under Trump Digital asset policy took center stage as Paul Atkins, President Donald...

‘I Am Bullish’: Senator Fuels Aggressive Push for US Digital Supremacy


“Bullish” lawmakers vow to reclaim U.S. digital supremacy, pushing legislation to reverse blockchain industry flight and anchor innovation on American soil before it’s too late. Confidence Surges in D.C. as Lawmakers Gear Up for US Blockchain Domination Senate Banking Committee Chairman Tim Scott...

Crypto urges Congress to change DOJ rule used against Tornado Cash devs


A coalition of crypto firms has urged Congress to press the Department of Justice to amend an “unprecedented and overly expansive” interpretation of laws that were used to charge the developers of the crypto mixer Tornado Cash.A March 26 letter signed by 34 crypto companies and advocate...

Congress repealed the IRS broker rule, but can it regulate DeFi?


The decentralized finance (DeFi) industry is breathing a sigh of relief as Congress relaxes reporting obligations, but questions remain about how lawmakers will regulate DeFi.On March 12, the House of Representatives voted to nullify a rule that required DeFi protocols to report gross proceeds from...

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