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U.S. Lawmakers Digging Through Crypto Legislation for Bipartisan Winners: Senator

15.3.2023
Ideas have been gathered from the Senate and House, and lawmakers are trying to figure out what can get bipartisan support, said Senate Banking Committee member Thom Tillis

Sen. Warren calls out 'sham audits' while SVB threatens crypto bankruptcy

11.3.2023
Contrasting her statements against crypto auditors, numerous members highlighted the ongoing collapse of Silicon Valley Bank (SVB), a Federal Deposit Insurance Corporation-insured bank

Stablecoins and Ether are ‘going to be commodities,’ reaffirms CFTC chair

9.3.2023
In the tug-of-war between the US regulators over control of crypto assets, the CFTC chair has triple-downed his stance — that Ether and stablecoins are commodities

Fed Chair Warns of Higher Interest Rates Than Previously Anticipated, Faster Hikes

8.3.2023
Federal Reserve Chairman Jerome Powell has warned that “the ultimate level of interest rates is likely to be higher than previously anticipated.” In addition, if faster tightening is warranted, the Fed “would be prepared to increase the pace of rate hikes,” Powell said....

Bitcoin, Ethereum Technical Analysis: BTC Falls Below $22,000, as Powell Warns of Higher Rates

8.3.2023
Bitcoin moved below the $22,000 level on March 8, as markets continued to react to U.S. Fed Chair Jerome Powell’s testimony. Speaking in front of the Senate Banking Committee, Powell said he expected rates to be higher than initially anticipated. Ethereum has also slipped on the news....

Fed Chair Powell on Crypto: We See Turmoil, Fraud, Lack of Transparency, Run Risk

8.3.2023
Federal Reserve Chairman Jerome Powell has outlined several risks related to crypto activities during a hearing before the Senate Committee on Banking, Housing, and Urban Affairs. While stating that the Fed sees turmoil, fraud, a lack of transparency, and run risk in the crypto space, he stressed:...

Bitcoin, Ethereum Technical Analysis: BTC, ETH Stall Ahead of Powell Testimony

7.3.2023
Bitcoin remained in consolidation earlier in Tuesday’s session, as markets prepared for this afternoon’s testimony from Fed Chair Powell. The head of the U.S. Federal Reserve will be speaking in front of the Senate Banking Committee later in the day. Ethereum was also largely...

American regulators are pushing hard against crypto: Law Decoded, Feb. 28–March 6

6.3.2023
Crypto mining operators, custodians and Binance personally received a fine doze of the United States officials' attention last week

Sen. Elizabeth Warren and colleagues demand to see Binance’s balance sheets

2.3.2023
Three United States senators have written a letter to the CEOs of Binance and Binance.US with a long list of objections to the companies’ perceived policies and actions

Binance a 'Hotbed of Illegal Financial Activity,' Senators Claim: WSJ

2.3.2023
A bipartisan grouping of three Senators has pressed the crypto exchange on allegations it sought to limit compliance

Ex-Biden Adviser Said Administration Was Pushing for Digital Dollar

1.3.2023
A recent top economic advisor for President Joe Biden, Daleep Singh, told U.S. senators on Tuesday that the administration was in active pursuit of a digital dollar as a means to crowd out private cryptocurrencies that enable ransomware and sanctions violations

Crypto Policy: Kenyan Senate Ready to Engage Central Bank

24.2.2023
The Kenyan Senate’s Information, Communication and Technology committee has said it is ready to engage the Central Bank of Kenya (CBK) and other stakeholders in shaping the country’s policy towards crypto assets and virtual asset service providers. According to the committee, such...

Montana’s ‘right to mine’ crypto bill moves closer to passing as law

24.2.2023
The bill seeks to enshrine crypto miners' rights and will still have to pass muster in the states House before its signed into law by the governor

Montana Senate Passes Bill Protecting Crypto Miners

23.2.2023
The state's congress will vote next on the bill, which protects bitcoin miners from utility rate hikes and measures by local governments

Crypto Long & Short: Washington Plays Tennis With Crypto

22.2.2023
Glenn Williams Jr. examines what politicians are saying about crypto regulation in Washington, D.C. Then, Jodie Gunzberg, managing director of CoinDesk Indices, talks about the crypto sectors that continue to thrive despite the regulatory crackdown

US Senator Calls for Comprehensive Crypto Regulation to Protect Consumers

16.2.2023
The chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, Sherrod Brown, has called for a comprehensive regulatory framework for cryptocurrencies. “Recent crypto meltdowns have made clear that we need a comprehensive framework to regulate crypto products to protect...

State of Crypto: Interpreting the Paxos-Binance Tea Leaves

15.2.2023
Remember how the U.S. Securities and Exchange Commission’s declaration of war against crypto staking was big news for like two days? This week we’re looking at the other big news from last week: Paxos and the Binance USD stablecoin it issues. The SEC has apparently alleged the sale of BUSD violates...