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Crypto Needs Congress, But U.S. Lawmakers Have Opted for Pandemonium


Without the U.S. Congress outlining a clear system of rules, the crypto industry fears it’ll be relegated as a volatile financial backwater. But Capitol Hill is beset by drama, including a U.S. House of Representatives that fired its speaker and a budget debate that could derail the federal...

Argentine Peso Reaches Record Lows After National Digital Currency Push


The Argentine peso reached record lows Wednesday after the economy minister and presidential candidate Sergio Massa proposed issuing a national digital currency. The informal blue exchange rate rose to 850 pesos per dollar, later retracing to 843 pesos per greenback. Massa stated he would send...

Congress Passes Funding Bill to Avoid US Government Shutdown


The United States Senate passed a bipartisan bill on Saturday evening, just three hours before the midnight deadline, to prevent a government shutdown.  The bill, which received overwhelming support with a vote of 88 to 9, funds the government for the next 45 days, until November 17.  In a late...

SEC’s Gensler Throws More Crypto Punches in Congressional Hearing


U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler continued his combative stance against crypto "hucksters" in congressional testimony on Wednesday, declining to answer the industry's most urgent questions while arguing that digital assets companies have been dangerously careless...

Senator Elizabeth Warren’s Crypto Bill Gains Support Among US Lawmakers


Nine U.S. lawmakers have thrown their support behind the Digital Asset Anti-Money Laundering Act, recently reintroduced in Congress by Senators Elizabeth Warren, Roger Marshall, Joe Manchin, and Lindsey Graham. Experts have warned that this crypto bill is the most direct attack on the privacy...

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