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UST Woes Draw Spotlight in Janet Yellen's Senate Hearing on Financial Risks
10.5.2022
U.S. Treasury Secretary Janet Yellen focused on the ongoing distress of stablecoin UST during testimony before a U.S. Senate panel on Tuesday, just hours after the purportedly dollar-pegged token plummeted to a low of $0.65 and at least one platform halted trading
Utah Governor approves of blockchain and digital innovation task force
8.5.2022
Some of the primary duties assigned to the task force involve making policy recommendations related to blockchain and related technologies
Bitcoin-friendly Republican candidate JD Vance wins Ohio Senate primary
4.5.2022
Ohio’s midterm election in November will feature a Democrat and Donald Trump-backed Republican who are both friendly to the crypto industry
Crypto-Friendly Tim Ryan, JD Vance to Vie for Ohio's Open Senate Seat
4.5.2022
Both Ryan, a Democrat, and Vance, a Republican, support cryptocurrencies
Hawaii Senate committees favor task force to regulate crypto, blockchain
3.5.2022
The task force will submit findings and potential legislation back to the State Capitol — which involves providing a plan to expand blockchain adoption in both the private and public sectors
Ohio's Senate Candidates Stake Out Crypto Positions
2.5.2022
While crypto policy is unlikely to sway the outcome of Tuesday’s primary, its mindshare among the candidates augurs well for the industry’s clout in the nation’s capital
Brazilian Senate Approves Cryptocurrency Law Project
30.4.2022
The Brazilian Senate has approved a recently presented cryptocurrency policy, advancing the project to discussions in the deputy chamber. The proposal will have to be greenlighted by the deputies of Congress and signed by President Jair Bolsonaro to be approved as law. The project presented is...
Bitcoin ATM installed in Mexico's Senate Building
28.4.2022
Senator and outspoken crypto proponent Indira Kempis shared her excitement at the development on Twitter, stating that "for freedom, inclusion and financial education in Mexico."
Brazilian Senate Plenary Approves Bill Regulating Crypto Transactions
27.4.2022
The bill will be voted on by the Chamber of Deputies and, if approved, can be vetoed by the executive branch
Brazil’s Senate approves 'Bitcoin law' to regulate cryptocurrencies
27.4.2022
It's a historic day for cryptocurrencies in Brazil, as the Senate has finally approved the country's first bill aimed at regulating the crypto market. The bill still needs to be approved in the Chamber of Deputies and then sanctioned by President Jair Bolsonaro
US Senate confirms Lael Brainard as Fed vice chair
26.4.2022
In a 52-43 vote on the Senate floor on Tuesday, U.S. lawmakers confirmed Lael Brainard to be vice chair of the Federal Reserve System for four years
NY Sen. Thomas proposes to criminalize rug pulls and other crypto frauds
24.4.2022
Senator Kevin Thomas seeks to provide prosecutors with a clear legal framework against crypto crimes that align with the spirit of the blockchain while combatting fraud
Digital Peso to Be Launched in Three Years According to Governor of Banxico
23.4.2022
Banxico, the Central Bank of Mexico, has announced it expects the development of its central bank digital currency (CBDC), the digital peso, to be completed in about three years. Victoria Rodríguez Ceja, the governor of Banxico, reported this before the Mexican Senate and added that the...
Brazilian Congress Aims to Pass Unified Crypto Framework in Coming Months
16.4.2022
The Brazilian Congress is trying to approve a cryptocurrency legal framework before the end of Q2. According to reports from local media, The proponents of the different law projects presented in the Senate and the Congress have stated they will seek the unification of the projects due to their...
Brazilian Senate announces incoming approval of the ‘Bitcoin law’
13.4.2022
The law will allow the President of Brazil to designate or create a regulatory agency to oversee the crypto market
New York Senate Authorizes NYDFS to 'Assess' Crypto Companies
9.4.2022
The New York State Senate is boosting the state’s Department of Financial Services (NYDFS) efforts to oversee the cryptocurrency sector. The Senate passed its fiscal year 2023 budget early Saturday, which included a provision tasking NYDFS with developing a new “assessment” or charge for...
Warren’s battle to curtail crypto gets boost from Ukraine conflict
1.4.2022
While Senator Warren’s new bill officially targets Russia, could this just be an excuse to tighten crypto regulation?
Law Project Presented in Argentinian Senate Proposes to Tax Undeclared Cryptocurrency Held Outside the Country
1.4.2022
A new law project presented in the Argentinian Senate is seeking to start a fund to pay for part of the debt the country has with the International Monetary Fund (IMF). The project, which is being pushed by members of the ruling party, would establish that Argentinian citizens have to pay taxes...
Bitcoiner Bruce Fenton Confirms He’s Running for New Hampshire Senate Seat
30.3.2022
The long-time crypto proponent hopes to take on vulnerable incumbent Sen. Maggie Hassan (D-N.H.) and is initially funding his campaign with $5 million of personal bitcoin wealth
Biden's Fed picks are likely headed to Senate vote after partisan delay
29.3.2022
"A small but loud minority have wrongly claimed that Lisa Cook doesn’t meet the standards for this position — standards that only seem to apply for certain nominees,” said Sherrod Brown