Search
US Lawmakers Probe SEC, Treasury, Federal Reserve Over Revolving Door With Crypto Industry
30.10.2022
U.S. lawmakers have raised concerns about the revolving door between financial regulators and the crypto industry. “Over 200 government officials have moved between public service and crypto firms,” the lawmakers said, adding that they include 31 Treasury Department officials and...
Federal Reserve Chairman Jerome Powell Faces Political Pressure Over Interest Rate Hikes
28.10.2022
U.S. Senator Sherrod Brown has asked Fed Chair Jerome Powell not to forget the Federal Reserve’s “dual mandate” when making decisions about hiking interest rates at the next Federal Open Market Committee (FOMC) meeting. “It is your job to combat inflation, but at the same...
US Lawmaker Calls on SEC to Issue Crypto Regulations — Says ‘a Formal Regulatory Process Is Needed Now’
16.10.2022
A U.S. senator has called on the Securities and Exchange Commission (SEC) to issue crypto regulations now “through a transparent notice-and-comment regulatory process.” He stressed that “some digital assets are securities, others may be commodities, and others may subject to...
US Senator Hickenlooper Says SEC Crypto Regulation is ‘needed now’
14.10.2022
In a push for more regulations of the crypto industry, US Democratic Senator John Hickenlooper has called on the Securities and Exchange Commission (SEC) to intensify its work on digital asset oversight.
“I write to urge the SEC to issue regulations for digital asset securities through...
US Lawmakers Send Inquiry to ERCOT CEO Over Texas Crypto Mining and Its Effects on the So-Called Climate Crisis
13.10.2022
A number of Democratic U.S. policymakers have written a letter to the CEO of the Electric Reliability Council of Texas (ERCOT) in order to inquire about the cryptocurrency mining operations in the state. The letter that stems from senator Elizabeth Warren’s office says that the lawmakers...
US Democrat Senator John Hickenlooper Criticizes Gary Gensler's Approach to Crypto at SEC
13.10.2022
U.S. Senator John Hickenlooper (D-Colo.) has become one of the first Democratic senators to publicly criticize the slow approach to crypto taken by Gary Gensler, chair of the U.S. Securities and Exchange Commission (SEC)
Senator Warren leads the charge against energy consumption claims on Texas crypto miners
12.10.2022
According to a letter penned by seven U.S. lawmakers, ERCOT was "intimately connected" with the growth of crypto mining in Texas
Senator Warren Leads Congressional Group's Probe Into Bitcoin Mining Energy Use in Texas
12.10.2022
Seven Democrats are asking Texas grid operator how bitcoin mining is impacting the state
2008 ‘Lehman Moment About to Hit’ — Major Banks Suffer; How to Access Your ETHW, ‘No Digital Dollar Act,’ Sega Blockchain Game — Bitcoin.com News Week in Review
9.10.2022
In this week’s edition of the Bitcoin.com News Week in Review, two of the world’s largest banks — Credit Suisse and Deutsche Bank — are suffering from distressed valuations, with credit default insurance levels looking like those last seen in the 2008 financial crisis....
US Senator Concerned Over Growing National Debt; Applauds Bitcoin
4.10.2022
Cynthia Lummis, a US senator, discussed her concerns in an interview with Hard Money’s Natalie Brunell. She praised that cryptocurrency is an asset among people for which the government is not liable. While she is worried about the current scenario of national debt and inflation, she also feels...
US Senator Says ‘I Love That Bitcoin Can’t Be Stopped’ Citing Concerns About National Debt and Inflation
3.10.2022
U.S. Senator Cynthia Lummis says she loves that bitcoin cannot be stopped and that governments cannot just confiscate the cryptocurrency. “It’s actually comforting to know that bitcoin is there,” she said, citing concerns about the national debt and inflation. U.S. Senator:...
US Senator Introduces ‘No Digital Dollar Act’ to Prohibit Treasury and the Fed From Interfering With Americans Using Paper Currency
2.10.2022
A U.S senator has introduced the “No Digital Dollar Act to prohibit the U.S. Treasury and the Federal Reserve from interfering with Americans using paper currency” if a central bank digital currency is adopted. The bill further states: “No central bank digital currency shall...
US senator bill seeks to cushion crypto exchanges from SEC enforcement actions
1.10.2022
The Digital Trading Clarity Act of 2022 aims to provide regulatory clarity around classifying digital assets and related liabilities under existing securities laws
US Lawmakers Introduce Bill Allowing Crypto Investments in 401(k) Retirement Plans
1.10.2022
Several U.S. lawmakers have introduced the Retirement Savings Modernization Act to provide 401(k) retirement savers access to a wide range of investments, including crypto assets. “With inflation at record highs, a stock market downturn, and a potential recession on the horizon, many...
Australian Senator Proposes Crypto Bill Targeting China's Digital Yuan
19.9.2022
The proposal lays out disclosure requirements for banks that could make China's central bank digital currency available for use in Australia, and seeks to set up licensing frameworks for stablecoin issuers
Australian senator drafts bill aimed at stablecoin, digital yuan regulation
19.9.2022
Senator Andrew Bragg on Monday released a draft bill aimed at regulating crypto exchanges, stablecoins, and the digital yuan
US Senator Wants Congress to Step in With Crypto Guidance — Urges SEC to Provide Much More Clarity on Regulations
17.9.2022
U.S. Senator Pat Toomey says Congress should step in and provide a regulatory framework for cryptocurrency. He stressed that the U.S. Securities and Exchange Commission (SEC) is not sharing its framework for regulating crypto with lawmakers, noting that Chairman Gary Gensler “owes us much...
Why Lack of Clear Crypto Regulation Leads to Land Grab by US Agencies: Senator Toomey
16.9.2022
The absence of clear cryptocurrency regulations in the US has resulted in a free-for-all among regulators trying to "grab authority" for themselves, according to Senator Pat Toomey. Speaking on Bloomberg's Odd Lots podcast, the Republican lawmaker called on Congress to establish "legislative...
Fidelity will ‘shift’ retail customers into crypto soon, says Galaxy CEO
13.9.2022
While Fidelity hasn’t yet confirmed rumors it will launch retail Bitcoin trading, the firm said enabling broader access to digital assets remained a key area of focus
Senator Warren ‘Very Worried’ About Federal Reserve Raising Interest Rates, Tipping US Economy Into Recession
30.8.2022
U.S. Senator Elizabeth Warren says she is “very worried” that the Federal Reserve will tip the economy into recession. “There is nothing in raising the interest rates, nothing in Jerome Powell’s tool bag that deals directly with” the causes of inflation,...