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Democratic senators chide Fidelity Investments for BTC-exposed retirement funds
28.7.2022
Crypto critic Elizabeth Warren and two colleagues write to the Fidelity CEO again to express their displeasure with crypto-exposed 401(k) offerings
Dick Durbin Joins US Senators Criticizing Fidelity’s Plan to Include Bitcoin in 401(k) Plans
28.7.2022
The joint letter with Sen. Tina Smith and Sen. Elizabeth Warren calls Fidelity’s plans “immensely troubling.”
US Senators Introduce Bipartisan Bill to Exempt Small Crypto Transactions From Taxes
27.7.2022
A new bipartisan bill has been introduced in the Senate that would simplify the use of cryptocurrency for everyday purchases by creating tax exemption for personal crypto transactions under $50 as well as when the capital gains are less than $50. New ‘Virtual Currency Tax Fairness...
US Senators Push Bill to Make Small Crypto Transactions Tax-Free
26.7.2022
Prominent U.S. senators are trying to free Americans from tracking taxes every time cryptocurrencies change hands, introducing a bill that would exempt them from reporting any transactions up to $50 or any trade in which they earn less than $50
Senators join chorus of disapproval of ‘backdoor regulation’ in SEC staff accounting bulletin
17.6.2022
Five Republican senators, including “Crypto Senator” Cynthia Lummis, have sent a letter to the SEC regarding its March bulletin that established broad new requirements for trading platforms
Unguided Bitcoin, Ethereum in Ropsten, Open PayPal, Litecoin Delisting, Friendly Senators and 20 Crypto Jokes
11.6.2022
Read More: Unguided Bitcoin, Ethereum in Ropsten, Open PayPal, Litecoin Delisting, Friendly Senators and 20 Crypto Jokes
Here's What US Senators Put in New Crypto-Friendly Bill
7.6.2022
In a bipartisan effort to pave the way for more crypto-friendly regulations in the US, Wyoming Republican Senator Cynthia Lummis and Democratic senator representing the state of New York, Kirsten Gillibrand, are set to introduce a new draft bill today, dubbed the 'Responsible Financial...
Key US Senators Introduce Crypto Bill Outlining Sweeping Plan for Future Rules
7.6.2022
A wide-reaching, bipartisan crypto bill finally emerged Tuesday from U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.), who are seeking to extend a comprehensive set of regulations across digital assets in the U.S. and have given industry lobbyists something meaty to debate
Senators Introduce Bill to Limit Use of China’s Digital Currency in the US — ‘This Is a Major Financial and Surveillance Risk’
28.5.2022
Several U.S. lawmakers have introduced a bill to prohibit app platforms in the country from hosting apps that enable transactions using China’s central bank digital currency, the digital yuan. “The Chinese Communist Party will use its digital currency to control and spy on anyone...
U.S. Senators Lummis and Gillibrand Set to Propose Crypto Oversight Bill Next Month
24.5.2022
The bipartisan duo of Kirsten Gillibrand and Cynthia Lummis hope their bill to establish guardrails around the digital assets industry could get votes as soon as next year
Fed Vice Chair Pick and Ex-Ripple Adviser Tells Senators Crypto Needs Regulation
19.5.2022
Former U.S. Treasury official and Ripple adviser Michael Barr fielded questions about crypto at his Senate nomination hearing
Senator Elizabeth Warren Demands Answers From Fidelity for Allowing Bitcoin in Retirement Plans
7.5.2022
Two U.S. senators, including Elizabeth Warren, have sent a letter to Fidelity Investments demanding answers regarding the company’s decision to allow bitcoin investments in 401(k) retirement plans. “Investing in cryptocurrencies is a risky and speculative gamble, and we are concerned...
Senators Bragg and Lummis discuss crypto laws collaboration between US, Australia
29.4.2022
“We want to be close to our friends in the United States on these issues as much as we can,” Australian Senator Andrew Bragg told Cointelegraph
SEC Chair Gensler Asks Staff to Collaborate With CFTC on Regulating Crypto Exchanges
6.4.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has asked SEC staff to collaborate with the Commodity Futures Trading Commission (CFTC) to develop a new plan to regulate cryptocurrency trading platforms. SEC Wants to Work With CFTC on Regulating Crypto Exchanges...
US Senators Working on Broad-Based Crypto Regulation
28.3.2022
Two U.S. senators are working on a bipartisan, broad-based regulatory framework for cryptocurrency. “The work we’re doing is going to be a very complex and intensive review of the different aspects of this industry,” said one of the senators. US Senators to Introduce...
US senators Lummis, Gillibrand reveal working on bipartisan crypto legislation
25.3.2022
Senator Cynthia Lummis has won support from a Democrat senator for her new digital asset bill
US Senate Committee Advances Bill to Mitigate Risks From El Salvador Adopting Bitcoin as Legal Tender
25.3.2022
The Senate bill to mitigate the risks from El Salvador adopting bitcoin as legal tender has advanced in the U.S. “As El Salvador has adopted bitcoin as legal tender, it’s critical we mitigate risks to our financial system,” said one of the U.S. lawmakers who introduced...
US Senators Introduce Crypto Sanctions Bill — Expert Says It’s Overbroad, Unconstitutional
19.3.2022
U.S. Senator Elizabeth Warren and 10 other lawmakers have introduced the “Digital Asset Sanctions Compliance Enhancement Act of 2022.” The bill “would place sweeping restrictions on persons who build, operate, and use cryptocurrency networks even if they have no knowledge...
Ex-Regulator Tells US Senators That Crypto Can ‘Empower and Protect the Innocent’
17.3.2022
United States Senators will hear testimony today on crypto and its role in the world of crime – but a former senior regulator has warned that politicians coming down too hard on the crypto sector risked throwing out the baby with the bathwater.
The Senate’s Committee on Banking, Housing,...
China’s Digital Yuan Targeted in New Bill From Nine GOP Senators
10.3.2022
The Say No To the Silk Road Act stems from not only the well-known privacy concerns around the Chinese CBDC, but also from worries it could be a tool to evade sanctions