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Crypto bills pass congressional committee in 'huge win' for US crypto
27.7.2023
Two crypto regulatory bills have been passed by the United States House Financial Services Committee United States in one day
US lawmakers invoke FTX and spar on direction of crypto bills
26.7.2023
On July 26, six pieces of legislation were being considered by the House Financial Services Committee including ones on regulatory clarity and consumer protection in the space
Deeper Ties With BRICS Should Not Jeopardize Relations With the West — South African Business Association Leader
26.7.2023
South Africa’s economic well-being is dependent on trade relations with the West, and therefore attempts to bolster relationships with BRICS must not be at the expense of ties to the West, the leader of a South African business association has said. The leader also singled out the African...
Two more crypto bills in the US: Law Decoded, July 17–24
24.7.2023
Last week was marked by two new legislative initiatives for the crypto industry in the United States
US GAO says lack of interagency cooperation needs to be addressed in crypto regulation
24.7.2023
In a report requested by Rep. Maxine Waters, the country’s top watchdog is carefully neutral but dissatisfied with agencies’ abilities to work together
Congressman Warren Davidson calls to ban and criminalize CBDCs
24.7.2023
“Money should not be programmable by a central authority,” argues Republican Representative Warren Davidson
As congress committee leaders push for crypto legislation, Dogecoin & DigiToads soar
22.7.2023
The evolving world of cryptocurrencies faces increased scrutiny from Congress Committee Leaders, bringing excitement and uncertainty. The proposed legislation aims to regulate cryptocurrencies for a more stable and secure digital economy. The spotlight falls on two meme coins, Dogecoin (DOGE)...
SEC Asks for Increased Funding to Tackle Crypto Market Risks and Wrongdoing
22.7.2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has asked Congress for more funding for his agency to address “risks in the crypto markets.” In a Senate hearing, he stressed: “We’ve seen the Wild West of the crypto markets, rife with noncompliance...
US House Republican committees introduce joint digital assets bill
21.7.2023
The House Agriculture and Financial Services Committees have been working together all year on a bill to rival Lummis and Gillibrand’s RFIA
Bipartisan bill to regulate DeFi, crypto security risks, introduced into US Senate
19.7.2023
The bill was introduced in the evening and has not been published yet, but it is already causing a stir. Crypto Twitter calls it a “nonstarter.”
Coinbase CEO Brian Armstrong to Meet House Democrats About Crypto Legislation: Bloomberg
18.7.2023
Armstrong will meet Democrats from the House of Representatives in the U.S. Congress, aides familiar with the plans told Bloomberg
US Lawmakers Call on Congress to Pass Crypto Law Following SEC v Ripple Ruling on XRP
16.7.2023
Several U.S. lawmakers have called on Congress to pass crypto legislation following the court ruling on the U.S. Securities and Exchange Commission (SEC) v. Ripple case regarding XRP. “Gary Gensler’s SEC cannot continue to pursue its regulation by enforcement approach, which only...
Congressman Torres demands an investigation of the SEC’s deal with Prometheum
14.7.2023
The United States Securities Exchange Commission might be investigated for a "haphazard and heavy-handed approach to digital assets.”
Congressman Torres Calls for Investigation Into SEC Over its Approach to Crypto
14.7.2023
Congressman Ritchie Torres has asked for two separate independent investigations of the U.S. Securities Exchange Commission (SEC) for its "haphazard and heavy-handed approach to digital assets."
Circle CEO spells doom scenario for US dollar in warning to Congress
14.7.2023
Jeremy Allaire claimed the U.S. dollar is “under threat” and urged lawmakers to pass stablecoin regulation to “build trust” in a digital dollar
FTC Blasted By Congress And Gamers For Doing Its Job
14.7.2023
Under chair Lina Khan, the Federal Trade Commission (FTC) has taken a lot of heat for trying to be aggressive in its approach to regulating tech companies and preventing monopolies. Now the FTC is facing criticism from both Republicans in Congress and very online Xbox fans for appealing a recent...
A Second Round of the Lummis-Gillibrand Crypto Bill Elevates CFTC, Defines DeFi
12.7.2023
The U.S. Securities and Exchange Commission (SEC) would take a back seat in a crypto oversight bill being re-launched by Sens. Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.), which would require that crypto exchanges be overseen by the Commodity Futures Trading Commission (CFTC) and...
U.S. Senate Finance Committee Asks Crypto Industry for Tax Guidance
12.7.2023
The committee sought input from the cryptocurrency industry to better understand the tax challenges presented by digital assets
US Senator Expresses Concern Over Prometheum Co-CEO’s Congressional Testimony
11.7.2023
On Monday, U.S. senator Thomas Tuberville (R-AL) published an open letter to U.S. attorney general Merrick Garland and Securities and Exchange Commission (SEC) chairman Gary Gensler expressing concern over allegations that Prometheum, Inc., a registered digital asset company, may have provided...
US lawmakers allege CCP connection in calling for SEC, DoJ investigation of Prometheum
10.7.2023
Republican members of Congress stepped up their allegations of Prometheum's ties to the Chinese Community Party, claiming potentially false or misleading statements to the SEC