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Russian Exchanges Ready to Launch International Crypto Payments, Lawmaker Reveals
27.9.2022
The largest exchanges in Russia are ready to begin operating with cryptocurrencies right after authorities legalize cross-border settlements in crypto, according to a leading member of the Russian parliament. The stock and commodity trading platforms in Moscow and St. Petersburg are working...
Digital Dollar Likely Won't Be Part of Retail Banking World, US Lawmaker Says
21.9.2022
A digital dollar, or central bank digital currency issued by the Federal Reserve, shouldn't necessarily be a retail banking offering, U.S. Congressman Jim Himes tells CoinDesk
Russian Businesses to Choose Which Crypto to Use for Cross-Border Settlements, Lawmaker Says
14.9.2022
Russian companies may start transacting in cryptocurrency with partners abroad as early as next year and will be free to pick the coin they want to use, officials in Moscow have indicated. The sanctioned country is preparing to legalize foreign trade settlements with digital assets and this could...
Buenos Aires Might Implement Blockchain Systems to Make Social Aid Payments
12.9.2022
Dario Nieto, a lawmaker in the city of Buenos Aires, has introduced a bill that would use blockchain systems to make social aid payments in order to bring clarity to these activities. Nieto has complained about the different intermediaries that use these social campaigns to make money and...
Top Russian Lawmaker Joins Calls for Legalizing International Crypto Payments
9.9.2022
A high-ranking member of the Russian parliament has urged for the adoption of a relevant legal framework to properly regulate cross-border crypto payments. His proposal comes after key regulators in Moscow said that Russia needs to allow the use of cryptocurrencies in foreign trade, now that...
US Lawmaker Says ‘Too Much Money and Power’ Behind Crypto to Ban It
5.9.2022
U.S. Representative Brad Sherman says Congress has not banned crypto because “there’s too much money and power behind it.” He elaborated: “Money for lobbying and money for campaign contributions works, or people wouldn’t do it, and that’s why...
EU's MiCA Crypto Law Text Ready Within 6 Weeks, Lead Lawmaker Says
1.9.2022
A political deal struck in June left many still scratching heads about whether licensing rules will apply to non-fungible tokens
Crypto 'cannot be partisan,' says US lawmaker who scored negative on bipartisanship index: Report
30.8.2022
"This is literally about looking at America and opportunities for Americans," according to Minnesota Representative Tom Emmer
US Lawmaker Emmer Asks Treasury Department to Explain Tornado Cash Sanctions
23.8.2022
U.S Congressman Tom Emmer (R-Minn.) asked the Treasury Department's Office of Foreign Asset Control (OFAC) to explain its sanctioning of privacy mixer Tornado Cash
US Regulator 'Improperly' Pushing Banks to Avoid Serving Crypto Companies, Lawmaker Says
17.8.2022
U.S. Sen. Pat Toomey said whistleblowers had informed him that the FDIC was pressuring banks to stop providing services to crypto companies
EU Parliament’s Rapporteur on MiCA Crypto Law Stefan Berger Sells Pair of Slides as NFT
15.8.2022
“Freedom in a wallet” is how Member of European Parliament Stefan Berger describes the non-fungible token (NFT) he is now selling on Opensea. The NFT represents a pair of ‘Bergoletten’ slides. Shoes symbolize the first step in every development, says Berger who invested...
Biden Slammed for Claiming US Economy Had 0% Inflation in July — One Lawmaker Calls It ‘Sad and Dangerous’
11.8.2022
President Joe Biden stated Wednesday that the U.S. economy had zero percent inflation in July following the latest CPI report. “Biden is claiming that we saw zero percent inflation last month. But there’s a zero percent chance that’s the case. Inflation in July was 8.5%, which...
Crypto firms failed to deliver 'promised benefits' from lawmaker-backed incentives, says nonprofit
4.8.2022
“At a minimum, the public should have a say in these crypto handouts," said the Tech Transparency Project
US Lawmaker Demands Answers From Apple and Google on Measures Against Fake Crypto Apps
30.7.2022
A U.S. lawmaker has demanded answers from Apple CEO Tim Cook and Google CEO Sundar Pichai about their measures against fake cryptocurrency apps appearing in the Apple App Store and the Google Play store. “Millions of Americans use mobile apps to invest in unregulated digital assets,”...
US lawmaker calls for Apple and Google to provide info on fake crypto apps
28.7.2022
"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
French Lawmaker Calls for Crypto Committee as Legal Questions Loom
28.7.2022
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
US Lawmaker Urges SEC to Go After Major Crypto Exchanges That Traded XRP
23.7.2022
U.S. Congressman Brad Sherman has urged the U.S. Securities and Exchange Commission (SEC) to go after major cryptocurrency exchanges that traded xrp, which the regulator deems a security. “It’s easier to go after the small fish than the big fish, but the big fish operating major...
US Lawmaker Slams SEC for Not Regulating in Good Faith — ‘Under Chair Gensler, SEC Has Become Power-Hungry’
21.7.2022
A U.S. congressman has slammed the Securities and Exchange Commission (SEC) and Chair Gary Gensler for cracking down on companies outside the SEC’s jurisdiction. The SEC “is not regulating in good faith,” he said, adding that “Under Chair Gensler, the SEC has become...
US lawmaker criticizes SEC enforcement director for not going after 'big fish' crypto exchanges
19.7.2022
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
Proposal to Set Up Russian Crypto Exchange Circulated in Moscow
8.7.2022
Russia may establish a dedicated exchange to carry out cryptocurrency transactions locally, a high-ranking member of the State Duma has suggested. The new platform can be hosted by the Moscow Exchange, according to Anatoly Aksakov, head of the parliamentary financial market committee. Russian...