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Nalezeno "Congress": 962

The Big Issues of Stablecoin Issuance

19.4.2023
Here are the key issues as the House Financial Services Committee hears testimony about stablecoin regulation

Congress members torching SEC boss while Bitcoin reclaims $30k

19.4.2023
After years of tormenting the crypto industry, the SEC boss, Gary Gensler, is under heavy fire. The Chair was recently torched by the US Congress members for shilling Algorand previously. Gary recently attended a court hearing where the congressmen asked the Chair about ETH. The 5-minute grilling...

Speakers prepare to tell US House Financial Services Committee about stablecoins

18.4.2023
Five experts will testify at a hearing titled “Understanding Stablecoins’ Role in Payments and the Need for Legislation,” with two of them releasing their scripts in advance

ECB President Lagarde Warns of ‘Major Disaster’ If US Defaults on Debt Obligations

18.4.2023
There is a lot of discussion lately about the U.S. government’s debt ceiling and whether Congress will act before defaulting. In a recent interview, Christine Lagarde, the president of the European Central Bank (ECB), said she is confident the U.S. can maintain its debt obligations. However...

Crypto Companies May Use a Supreme Court Doctrine to Push Back Against SEC: Lawyer

18.4.2023
Crypto firms are using the major questions doctrine as a way to fend off regulators, Jason Gottlieb, a partner at Morrison Cohen LLP, said

US House committee chair repeatedly presses SEC chair: 'Is Ether a commodity or a security?'

18.4.2023
Securities and Exchange Commission chair Gary Gensler has said the SEC considers Bitcoin a commodity, but refused to pin down Ether at an oversight hearing

Congressional Republicans Criticize SEC Chair Gary Gensler's Crypto Approach Ahead of Hearing

18.4.2023
Republicans on the House Financial Services Committee sent a letter criticizing Securities and Exchange Commission Chair Gary Gensler and his repeated entreaties to crypto companies to "come in and register" moments before a congressional hearing on his agency

All eyes are on stablecoins: Law Decoded, April 10–17

17.4.2023
A week before a hearing in Congress, the United States gets stablecoin regulatory framework

Draft U.S. Stablecoin Bill Shows Major Difference Between Stablecoins and CBDCs

17.4.2023

U.S. Congress to introduce new draft bill for stablecoins

15.4.2023
Failure to register as a stablecoin issuer could result in up to five years in prison and a fine of $1 million. Issuers out of the United States would have to seek registration to operate in the country

CATO Institute: CBDC the ‘Single Largest Assault to Financial Privacy Since Creation of Bank Secrecy Act’

9.4.2023
A central bank digital currency (CBDC) may turn out to be the “single largest assault to financial privacy since the creation of the Bank Secrecy Act,” a policy analysis document released by CATO Institute has said. To stop the U.S. Federal Reserve and Treasury from threatening...

Thanks Sam! How FTX Led to World’s Worst Crypto Policy

7.4.2023
Washington’s “war in crypto” continues to occupy minds in the crypto industry. This week, CoinDesk Chief Content Officer Michael Casey tackles the apparent rise in hostility from U.S. regulators from a different angle: revenge

The Crypto Industry Needs to Fix Itself Before It Can Progress

3.4.2023

Global Blockchain Congress – European edition by Agora Group on July 24 & 25 in London, UK

3.4.2023
Agora is proud to announce the expansion of our Global Blockchain Congress to Europe on July 24 and 25, 2023, in London. ‍The Global Blockchain Congress is an international event with editions in Dubai, Hanoi, Doha, and London. The Global Blockchain Congress – European Edition leverages...

FTX’s Bankman-Fried Is Allegedly Using Alameda Funds to Pay for Legal Defense

30.3.2023
According to two sources close to FTX, Sam Bankman-Fried, the disgraced co-founder, gave his father, Stanford Law professor Joseph Bankman, millions of dollars. The funds are reportedly being used to pay for legal costs. The sources said that Bankman-Fried allegedly gave “at least...

FDIC plans to return $4B in Signature crypto deposits 'by early next week' — Martin Gruenberg

29.3.2023
The Treasury Department's Under Secretary for Domestic Finance Nellie Liang said at the same hearing she didn’t believe crypto “played a direct role” in the failure of the banks

Congress Finds Time To Yell At Sony On Microsoft's Behalf

29.3.2023
There are so many issues that Congress could be focusing on right now. Banking regulations following SVB’s collapse, for example. Or helping Americans who struggle with basic living expenses. Maybe they could be working on a long-overdue fix of our broken healthcare system. Instead, they’re very...