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$85 Million Crypto Super PAC Sets Sights on Transforming Senate Makeup
9.3.2024
A well-funded political action committee (PAC) backed by prominent figures in the cryptocurrency industry has set its sights on key Senate races, with the goal of potentially shifting the balance of power in Congress.
The post $85 Million Crypto Super PAC Sets Sights on Transforming Senate Makeup...
Fed Chair Jerome Powell Addresses Concerns Over CBDCs, Prioritizes Privacy
8.3.2024
In a recent Senate Banking Committee hearing, Jerome Powell assured lawmakers that the Federal Reserve is not pursuing a CBDC anytime soon and “not far” from cutting interest rate.
The post Fed Chair Jerome Powell Addresses Concerns Over CBDCs, Prioritizes Privacy appeared first on Cryptonews
U.S. Fed Chair Powell Says 'Nowhere Near' Pursuing CBDC, Won't Spy on Americans
7.3.2024
Even if the Federal Reserve were close to recommending a central bank digital currency (CBDC) in the U.S., Chair Jerome Powell told lawmakers that the Fed has zero interest in a system in which it would have a view into user data
Arizona Senate Seeks to Add Bitcoin ETFs to State Retirement Portfolios
7.3.2024
Arizona State Retirement System (ASRS) and the Public Safety Personnel Retirement System (PSPRS) is seeking to add exposure to Bitcoin ETFs in their portfolios.
The post Arizona Senate Seeks to Add Bitcoin ETFs to State Retirement Portfolios appeared first on Cryptonews
Virginia Senate Passes Blockchain Bill to Foster Crypto Adoption
6.3.2024
Virginia's Senate Bill No. 339 aims to create a research group to study blockchain and cryptos.
The post Virginia Senate Passes Blockchain Bill to Foster Crypto Adoption appeared first on Cryptonews
Crypto Political Operation Targets California's Katie Porter by Undermining Her Base
28.2.2024
A leading crypto industry political operation, Fairshake, is trying to ensure that the U.S. Senate doesn't get a twin for its chief Washington antagonist Sen. Elizabeth Warren (D-Mass.) by trying to cut the legs from under U.S. Rep. Katie Porter (D-Calif.) in the 11th hour of her state's...
CBDC Anti-Surveillance State Act Back in the Senate
28.2.2024
The CBDC Anti-Surveillance State Act has been reintroduced in the Senate with the support of five U.S. senators. “As Americans face the prospect of an increasingly weaponized government, ensuring financial privacy is pivotal,” said one senator who supports the bill. A central bank...
Bitcoin Price Prediction: $51,400 Dip Amid Senate Regulation Standstill & Global Trends; What’s Next?
22.2.2024
Amid a slight dip to $51,400, Bitcoin's future teeters on global trends and a stalled Senate, sparking intense speculation on its next big move.
The post Bitcoin Price Prediction: $51,400 Dip Amid Senate Regulation Standstill & Global Trends; What’s Next? appeared first on Cryptonews
Crypto Action in Senate Remains on Back Burner: Sources
21.2.2024
Despite keen interest from U.S. Senate Democrats such as Elizabeth Warren (D-Mass.) to deal with the illicit movement of funds in crypto, there's no immediate action planned in the committee that would need to get it rolling, according to two sources familiar with the plans
Crypto Advocacy Group Urges Senate Banking Chair to Reject Elizabeth Warren’s DAAMLA Bill
21.2.2024
US crypto advocacy group, the Chamber of Digital Commerce (CDC), is opposing Senator Elizabeth Warren’s anti money-laundering (AML) DAAMLA legislation, claiming she is “trying to kill the entire industry,” according to a tweet yesterday on X. Digital assets have been under attack...
Pro-Crypto Lawyer John Deaton Enters Senate Race to Challenge Elizabeth Warren
20.2.2024
Cryptocurrency advocate John Deaton has formally announced his candidacy for the Senate in Massachusetts, setting his sights on unseating the current Democratic Senator Elizabeth Warren from her position. “I’m excited for the opportunity to fight for change, and for the people of Massachusetts...
Elizabeth Warren Responds To Senate Challenge From John Deaton: “I’m Not Afraid”
20.2.2024
Progressive senator and staunch crypto skeptic Elizabeth Warren (D-MA) claims a well-funded member of the “crypto lobby” is vying to displace her from her seat on Capitol Hill. New Challenger For Elizabeth Warren As reported by Fox Business journalist Eleanor Terret, a source received an email from...
Virginia Senate Committee Recommends Annual Funding for New AI and Crypto Commissions
19.2.2024
A Virginia Senate Committee has put forward a recommendation for an annual combined fund allocation of $39,240 to support two recently established commissions focused on artificial intelligence (AI) and cryptocurrency. The proposal, presented by a Subcommittee of Virginia’s Senate Finance...
Did Elizabeth Warren Just Endorse Bitcoin? Not So Fast
15.2.2024
A stunt from Bitcoin supporters led to the appearance that the U.S. senator and staunch cryptocurrency opponent Elizabeth Warren signed an order for a flag to be flown over the U.S. capitol commemorating Satoshi Nakamoto
Pro-Crypto US Attorney Considers Challenging Elizabeth Warren in Massachusetts Senate Race
15.2.2024
John Deaton, a U.S. lawyer known for his pro-crypto stance, is reportedly considering a run against Massachusetts Senator Elizabeth Warren. The Republicans are eager to nominate a formidable candidate against Warren. This strategy could compel her to concentrate on her political survival...
Prominent Crypto Attorney Contemplates 2024 Senate Run Against Elizabeth Warren
15.2.2024
John Deaton, founder of Crypto Law and a prominent attorney in the SEC vs Ripple lawsuit, is reportedly considering running as a Republican against crypto-critic Senator Elizabeth Warren in the 2024 US Senate elections in Massachusetts. Deaton is taking a “serious look” at the Senate run and will...
Crypto Political Group Fairshake Targets California Senate Candidate Katie Porter
13.2.2024
The U.S. crypto industry's most prominent campaign-finance organization, Fairshake, is going after Sen. Katie Porter (D-Calif.), spending a part of its war chest to try to derail the progressive lawmaker
Coinbase-Backed Crypto PAC Launches Advertising Campaign Against California’s Senate Candidate Katie Porter
13.2.2024
A new super PAC backed by major cryptocurrency players, including Coinbase, has launched a multimillion-dollar advertising campaign aimed at crushing Representative Katie Porter, a Democrat running in the California Senate primary. The super PAC, Fairshake, along with its affiliated groups Protect...
Blockchain Association Warns Warren’s Anti-Crypto Legislation Threatens US Jobs and Strategic Advantage
13.2.2024
The Blockchain Association has sent a second letter to the House Financial Services Committee and Senate Banking Committee expressing concerns over a bill sponsored by Senator Elizabeth Warren. The legislation, titled the Digital Asset Anti-Money Laundering Act of 2023 (DAAMLA), has garnered...
Treasury’s Yellen: More Power Needed to Counter Crypto Use by Terrorist Groups
9.2.2024
U.S. Treasury Secretary Janet Yellen has expressed the need for increased authority within the Treasury Department to address the alleged utilization of crypto by terrorist groups. Senator Sherrod Brown, known for his role in shaping crypto legislation, questioned Yellen about the necessary updates...