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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...
Republicans Plan to Reintroduce Legislation Restricting Crypto in 401(k): Politico
15.2.2023
The legislation will be introduced in the House by Rep. Byron Donalds (R-Fla), the report said
Republicans Plan to Reintroduce Legislation to Prevent Crypto Restrictions in 401(k): Politico
15.2.2023
The legislation will be introduced in the House by Rep. Byron Donalds (R-Fla), the report said
Sen. Warren vows reintroduction of AML bill that extends to DAOs and DeFi
15.2.2023
While the Senator did not expand on other details of the upcoming bill, she suggested that DeFi should not be exempt from AML laws
Mississippi senate passes bill to protect cryptocurrency miners from discrimination
9.2.2023
The state already has crypto miners, the bill to protect them still has to pass the house of representatives and be signed by the governor
Crypto Council for Innovation GC to testify at US Senate 'crypto crash' hearing
8.2.2023
Linda Jeng will appear as a witness alongside law professor Yesha Yadav and Duke Financial Economics Center policy director Lee Reiners
US Senate Banking Committee to Hold ‘Crypto Crash’ Hearing This Month
3.2.2023
The crypto industry’s 2022 dramas will again fall under the U.S. Senate’s microscope this month when the Senate Banking Committee holds a Feb. 14 hearing to examine financial system protections from the dangers seen in digital assets