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GAO finds controversial SEC guidance is subject to congressional oversight
31.10.2023
The SEC’s Staff Accounting Bulletin 121 has been the target of much criticism in the crypto community
U.S. SEC Messed Up in Handling Contentious Crypto Accounting Bulletin: GAO
31.10.2023
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...
Coinbase-Backed Advocacy Group Enlists Crypto Masses, Raises $2M From 80,000
31.10.2023
A Coinbase (COIN) effort to drum up a cross-country swell of amateur crypto advocates – the nonprofit Stand With Crypto – has paid off with a surge of more than 100,000 individuals getting involved in the opening weeks, organizers say
Crypto Miners Lobby U.S. Lawmakers to Counter Environmental 'Misunderstanding'
27.10.2023
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...
Cynthia Lummis leads the charge calling for DOJ action against Binance and Tether
26.10.2023
U.S. Senator Cynthia Lummis and Representative French Hill urged the Justice Department to take “swift action” against Binance and Tether over facilitating funds for Hamas
Media Reported Hamas Got Millions Via Crypto, but the Data Provider They Cited Says It Was Misconstrued
26.10.2023
After Hamas' deadly attacks in Israel, media reports linked the terrorist group with tens of millions in crypto donations, but that data was misinterpreted and hugely exaggerated, according to the blockchain analytical firm that was cited
US lawmakers discuss digital assets and the House gets a new Speaker
25.10.2023
With the election of Mike Johnson as speaker of the U.S. House of Representatives, Congress will once again be able to move forward on crypto bills
Pro-crypto lawmaker Tom Emmer ends hours-long Speaker campaign: Report
24.10.2023
The Minnesota congressman was one of only a few crypto proponents in Congress being considered as a possible Speaker of the House by Republican lawmakers
Pro-crypto lawmaker Tom Emmer wins Republican nomination for House Speaker
24.10.2023
It’s unclear if Rep. Emmer will have enough support to win in a full floor vote, but the lack of a Speaker of the House has effectively halted all legislation since Oct. 3
US Congress remains legislatively paralyzed on crypto bills without a House Speaker
23.10.2023
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
Sen. Warren, 100+ legislators write White House, Treasury about crypto and terrorism
18.10.2023
The letter was signed by crypto opponents and many lawmakers who had been neutral on crypto until now
U.S. Sen. Warren Leads Lawmakers to Push Administration on Crypto-Backed Terrorism
18.10.2023
U.S. Sen. Elizabeth Warren (D-Mass.) led more than a hundred lawmakers in demanding top officials share their plans for heading off crypto-financed terrorism
Pro-crypto lawmaker stays interim US House Speaker as frontrunner loses first round of voting
17.10.2023
Ohio Representative Jim Jordan, the Republican Party's nominee for Speaker, won the support of 200 of his colleagues in an Oct. 17 vote — below the 217 needed to hold the position
Why Congress Will Be the Dollar’s Downfall
17.10.2023
Congressional inaction is likely to cause de-dollarization as the country’s foes — and friends — move even faster to get off the U.S. dollar. Americans deserve to know what’s at risk so we can vote accordingly, and get the economy we deserve
Jim Rickards Blasts US Congress Confiscation Initiatives: ‘The Drive to Create New Currencies Will Go Into Overdrive’
17.10.2023
Renowned economist and best-selling author Jim Rickards has warned about the effects of a new U.S. congressional initiative that proposes confiscating Russian assets to reimburse itself for the aid given to Ukraine. Rickards believes that, if passed, this legislation will alert the international...
Latam Insights: Venezuela and Argentina Leverage ‘Unique’ Crypto Use Cases, Brazilian Congress Advises Indicting CZ
16.10.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Venezuela and Argentina use crypto uniquely, according to Chainalysis; the Brazilian Congress recommends indicting Binance CEO Changpeng Zhao, and...
U.S. House Speaker Drama Could Threaten to Unravel Crypto's 2023 Chances
13.10.2023
Republicans in the U.S. House of Representatives are sprinting toward the worst case scenario in their scramble for a new speaker of the House, and their infighting could worsen the prospects for crypto legislation this year
Coinbase Executive Urges Congress to Pass ‘Sensible’ Crypto Legislation Swiftly as Middle East Conflict Escalates
13.10.2023
Coinbase’s chief legal officer has called on U.S. Congress to pass sensible crypto legislation following reports that Hamas has amassed millions in cryptocurrency amid the escalating Middle East conflict. “We need this industry flourishing in nations committed to the rule of law, not driven...
House committee chairman threatens SEC chair with subpoena, but not over crypto
12.10.2023
U.S. House Oversight and Accountability Committee chair James Comer thinks Genlser is stonewalling him. Crypto supporters know the feeling
Crypto Bills May Depend on U.S. House GOP Battle Over Scalise Speaker Pick
11.10.2023
The U.S. House of Representatives won’t get back to work on crypto legislation if Republicans can’t unify behind majority choice Steve Scalise – or some alternative – after the party’s ousting of Speaker of the House Kevin McCarthy (R-Calif.) derailed the congressional agenda