Search

Nalezeno "Congress": 962

Treasury Secretary Yellen Holds Unscheduled Meeting With Top Financial Regulators Amid Turmoil in Banking Sector

24.3.2023
U.S. Treasury secretary Janet Yellen initiated an unscheduled Financial Stability Oversight Council (FSOC) meeting with the country’s top financial regulators on Friday amid issues plaguing the U.S. banking sector. Banking stocks and all four U.S. benchmark indexes fell again on Friday as...

Bill by US Congress proposes Bitcoin mining helps in economic growth

24.3.2023
Pete Sessions has introduced a legislature saying how the Bitcoin mining process helps the state achieve energy goals while driving economic growth. Specifically speaking, the legislation talks about Proof of Work having the potential and could be very important for mining Bitcoin as a mainstream...

US Senator Introduces Bill to Ban Direct-to-Consumer Central Bank Digital Currency

23.3.2023
U.S. Senator Ted Cruz has introduced “legislation to prohibit the Federal Reserve from developing a direct-to-consumer” central bank digital currency (CBDC). The lawmaker warned that it “could be used as a financial surveillance tool by the federal government.” Another...

US lawmakers reiterate concerns about 'sham' crypto firm audits to PCAOB

22.3.2023
Two U.S. senators cited the collapse of FTX when writing to the PCAOB chair Erica Williams in January, but now suggest improper auditing could have affected three banks as well

The 11th Global Blockchain Congress by Agora Group took place on March 6th & 7th at Sofitel Dubai The Obelisk

22.3.2023
The 11th edition of the prominent Global Blockchain Congress by Agora Group that took place on March 6th & 7th, 2023, at Sofitel Dubai The Obelisk, UAE, was a huge success. This edition’s main theme was: Resiliency and Adaptability, which brought an A-list speaker, some of the industry’s...

Congressional privacy proposals could kill scores of blockchain projects

21.3.2023
Lawmakers may be on the brink of scaring blockchain projects into moving offshore or causing them to shut down altogether

In the aftermath of banks’ horrorshow: Law Decoded, March 13–20.

20.3.2023
A week after the twinning collapse of Silicon Valley Bank (SVB) and Signature Bank, and the trouble at Credit Suisse, the dust is slowly settling down

Senator Cynthia 'Crypto Queen' Lummis: Lack of Laws Pushing Industry Overseas

20.3.2023
The senator from Wyoming – a speaker at CoinDesk's Consensus festival - on crypto's prospects in Washington D.C

Congress announces March 29 hearing into failures of SVB and Signature Bank

17.3.2023
According to the House Financial Services Committee, it expects to hold multiple hearings on "getting to the bottom" of the banks' failures

US lawmaker suggests Signature's collapse was tied to instability of crypto

16.3.2023
Senator Michael Bennet said crypto was not “even as stable as the marijuana industry,” questioning Signature Bank's ability to service digital asset firms but not dispensaries

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

US lawmaker accuses FDIC of using banking instability to attack crypto

15.3.2023
The collapse of Signature Bank, Silicon Valley Bank, and Silvergate Bank has had many in the space reeling — but is the U.S. government trying to "choke off digital assets”?

State caps or federal regulation: What's next for political crypto donations

13.3.2023
The industry isn’t having the best of its moments now, but the topic of campaign donations in crypto remains a relatively safe space for innovation

Nigerian Banks Resume Dispensing Recently Demonetized Naira Banknotes

11.3.2023
According to local reports, Nigerian financial institutions have begun abiding by a Supreme Court ruling that invalidated the Central Bank of Nigeria (CBN)’s demonetization of the 1,000, 500 and 100-naira banknotes. According to the court, Nigerian residents will continue to use...

US senators write to banking regulators about potential crypto discrimination

10.3.2023
The four Republican senators sense hints of the Obama administration’s Operation Choke Point that used regulation against disfavored industries

How US Judges Might Save Crypto from the SEC

10.3.2023
Separation-of-powers offers hope to the crypto industry, which is under attack from unchecked executive power. Two separate courtrooms in which judges, guided by an impartial legal framework, eschewed that popularist mode of judgment and instead considered the SEC’s claims against the facts...