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Nigerian Senators Blast Central Bank For Its Crypto Ban
12.2.2021
Following the Central Bank of Nigeria’s (CBN) clampdown on banks facilitating crypto investments, a number of the country’s senators have voiced their outrage at the bank, calling on the Nigerian regulators to facilitate the further adoption of cryptocurrencies across the country. The CBN Governor...
US Treasury Nominee Yellen Tells Senators that Crypto Has ‘Benefits’
22.1.2021
Janet Yellen. Source: A video screenshot, Youtube/Credit Suisse
American President Joe Biden’s Treasury Secretary nominee Janet Yellen has been blamed by many for the recent slide in token prices after expressing “concerns” about crypto – now many will hope that more positive comments on the matter...
US Senators Float Bill Requiring Congressional Watchdog Study Crypto’s Role in Trafficking
1.7.2020
Top members of the Senate Banking Committee plan to introduce legislation that would direct the congressional watchdog to study virtual currency’s role in drug and human trafficking
US Senators Introduce ‘Lawful Access to Encrypted Data Act’ — With Backdoor Mandate
25.6.2020
US lawmakers have introduced the Lawful Access to Encrypted Data Act to ensure law enforcement can access encrypted information. This bill is “a full-frontal nuclear assault on encryption in the United States,” one expert says. It requires manufacturers of encrypted devices...
Reports of Senators Selling Stocks After Closed-Door COVID-19 Briefing Emerge
20.3.2020
The novel Coronavirus has shaken the world, developed and emerging nations alike, claiming more than 10,000 lives and infecting more than 250,000 people in at least 182 countries. The world hasn’t seen a pandemic of this scale for decades, and unsurprisingly, the impact on the economic aspects...
U.S. Warns Visa, Mastercard to ‘Proceed With Caution’ Regarding Libra
11.10.2019
In the wake of Paypal’s very public exit from the Libra project, U.S. lawmakers are now pressuring Stripe, Visa and Mastercard to rethink their membership of the Libra Association as well. On October 8, three letters from two U.S. senators urged the tech and finance giants to “carefully...
US Senators Warn Three Facebook’s Libra Backers of Membership Risks
9.10.2019
Visa, Mastercard and Stripe “should be concerned” about Libra, say U.S. senators
Facebook Hires US Senator’s Former Aide to Lobby for Libra Cryptocurrency
6.8.2019
Facebook has hired a former aide to the chairman of the U.S. Senate Banking Committee to lobby for its Libra cryptocurrency project
Facebook to Senators: Libra Crypto Will Respect Consumer Privacy
9.7.2019
Facebook's David Marcus told lawmakers its new libra cryptocurrency will not store or share personal financial information – with a few caveats
US Senators Seek Information on Facebook’s ‘Libra’ Crypto Project
10.5.2019
The U.S. Senate Banking Committee wants to know more about Facebook's crypto project