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Crypto Needs Congress, But U.S. Lawmakers Have Opted for Pandemonium
9.10.2023
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...
Robert Kennedy Jr. Promises to End White House War on Bitcoin — Says We Need ‘Freedom Currency’ That Government Can’t Control
8.10.2023
U.S. presidential candidate Robert F. Kennedy Jr. (RFK Jr.) has promised to end the White House’s war on bitcoin if he is elected President of the United States. “I’m going to make sure that bitcoin is protected, that people can keep their own wallets, that the current White House war...
Crypto-Friendly Congressman McHenry Temporarily Takes Over U.S. House
4.10.2023
Crypto-friendly Rep. Patrick McHenry (R-N.C.) has landed in the driver’s seat of the U.S. House of Representatives just as legislation to establish digital-asset regulations nears a finish line there
Despite Government Shutdown Worries, Stablecoin Legislation Pushed by McHenry
2.10.2023
The US House of Representatives’ Financial Services Committee Chair Patrick McHenry on Friday reaffirmed his commitment to regulating stablecoins, despite a potential government shutdown looming at the time.
Speaking at a forum organized by stablecoin issuer Circle in New York, McHenry stated that...
Gary Gensler Explains Why SEC Is Taking Litigation-Heavy Strategy to Regulate Crypto
1.10.2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has explained why the securities regulator is taking a litigation-heavy strategy to regulate the crypto industry. The SEC chair insisted that enforcement actions against crypto firms are not brought with a political agenda...
US Representative Introduces Legislation to Mandate Reporting of Off-Chain Crypto Transactions to the CFTC
30.9.2023
Virginia’s Democratic representative Don Beyer has ushered in a fresh bill mandating the documentation of off-chain transactions and over-the-counter (OTC) crypto engagements by cryptocurrency exchanges, to be catalogued in a repository under the purview of the U.S. Commodity Futures Trading...
U.S. House Bill Seeks Centralized Record of Off-Chain Crypto Transactions
28.9.2023
It would be hard for a big exchange to repeat an FTX collapse if the firm’s internal flow of crypto assets was also reported to an outside repository that U.S. regulators could see. That’s the idea behind new legislation from Rep. Don Beyer (D-Va.) that would force exchanges to share the movement...
Countries Should Set Up Legal Frameworks to Support CBDCs: BIS Chief
27.9.2023
It is unacceptable that unclear or outdated legal frameworks could hinder their deployment, Agustin Carstens general manager of Bank for International Settlements said
Crypto bills could be delayed as many prepare for US gov't shutdown
25.9.2023
Bills focused on crypto regulation, market structure, and stablecoins could all be put on hold if U.S. lawmakers don't reach a decision on government spending by Sept. 30
US House Committee Passes CBDC Anti-Surveillance State Act With Support of 60 Congress Members
23.9.2023
The U.S. House Financial Services Committee has passed the CBDC Anti-Surveillance State Act, the first anti-central bank digital currency legislative effort introduced in the United States. Congressman Tom Emmer detailed that the bill halts the efforts of the Biden administration “from...
UK Online Safety Bill to Become Law Amidst Heavy Criticism From Civil Liberties Organizations
23.9.2023
The U.K. Online Safety Bill, a piece of legislation that seeks to make the country “the safest place in the world to be online,” has been signed by both houses of parliament and will become law soon. Several civil liberties organizations and activists have criticized it due to...
Ex-Senator Who Once Shepherded Crypto Legislation Sees No Path in Current Congress
21.9.2023
Former U.S. Sen. Pat Toomey, who tried and failed to push his own crypto legislation through Congress before leaving at the start of the year, can’t see how the current Senate will have any better luck, despite recent progress in the House of Representatives
US Presidential Hopeful Ramaswamy to Release “Comprehensive Crypto Policy Framework” Before Thanksgiving
21.9.2023
A major candidate for the US Presidency is on the verge of releasing a “comprehensive crypto policy framework”.
Speaking at a crypto event on Wednesday, Republican Party presidential hopeful Vivek Ramaswamy announced plans to release the framework by Thanksgiving (on 23rd November).
Crypto data...
US Democrats speak up for CBDC global leadership, Republicans fear ‘dark side’
20.9.2023
Despite approaching the issue from vastly different angles, the two sides were able to agree on a few basics before the committee recessed
U.S. CBDC Efforts Opposed in Legislation Advanced by House Republicans
20.9.2023
A crypto-related bill meant to stifle a future U.S. central bank digital currency is now heading toward consideration on the floor of the U.S. House of Representatives after committee approval Wednesday, marking further progress for digital assets legislation in Congress
Coinbase Attempts to Push Crypto Legislation Forward in U.S. with Latest Moves
19.9.2023
Coinbase is intensifying its efforts to bring about positive changes in U.S. legislation in the crypto sector with a new media campaign it launched today. The company is spearheading multiple initiatives aimed at influencing lawmakers and ensuring clearer crypto regulation....
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Coinbase Attempts to Push Crypto Legislation Forward in U.S. with Latest Moves
19.9.2023
Coinbase is intensifying its efforts to bring about positive changes in U.S. legislation in the crypto sector with a new media campaign it launched today. The company is spearheading multiple initiatives aimed at influencing lawmakers and ensuring clearer crypto regulation....
Read More: Coinbase...
Solana Co-Founder Urges the US to Not Wait for “Perfect” Crypto Regulations
19.9.2023
Anatoly Yakovenko, co-founder of Solana and the CEO of Solana Labs, stressed the importance of the US government’s crypto bipartisan bill passed in July. However, he noted that the government shouldn’t wait for “perfect” legislation to move forward in regulations.
“The bills aren’t perfect....
Senator Warren’s Crypto Money Laundering Bill Builds Momentum as More Sign On
18.9.2023
U.S. Sen. Elizabeth Warren (D-Mass.) has enlisted more support from key lawmakers in a growing coalition pushing for a law to crack down on money-laundering and sanctions abuses in crypto, with new sponsorship from the top Democrats on the Senate Homeland Security and Judiciary committees
US lawmakers advance legislation blocking the digital dollar
17.9.2023
On Sep. 20 the House Financial Services Committee will mark up two bills blocking a potential digital dollar in the United States