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Banks could flood into stablecoins if new bill passes: S&P Global
25.4.2024
The Lummis-GillibrandPayment Stablecoin Act introduced to the Senate could see big banks encouraged to take steps into the stablecoin market, says S&P Global Ratings
Sen. Lummis: It'll Pay to 'Choose Circle Over Tether' Under U.S. Stablecoin Proposal
18.4.2024
Circle Internet Financial would have a distinct advantage over global stablecoin leader Tether under U.S. regulations along the lines being suggested by new legislation, according to one of the latest bill's authors, Sen. Cynthia Lummis (R-Wyo.)
Elizabeth Warren Demands U.S. CFTC Chair Explain His Chats With SBF
15.4.2024
The head of the U.S. Commodity Futures Trading Commission (CFTC), Rostin Behnam, had a lot of contact with Sam Bankman-Friend, the disgraced former CEO of FTX, but lawmakers suggest he hasn't been fully forthcoming about those interactions. So, Sens. Elizabeth Warren (D-Mass.) and Chuck Grassley...
Senate Candidate John Deaton Calls Gary Gensler a “Bad Faith Regulator,” Voices Support For Coinbase in SEC Case
15.4.2024
John Deaton, the pro-crypto candidate running to win Seator Elizabeth Warren’s current senate seat, took to X Monday (formerly Twitter) to criticize United States Securities and Exchange Commission (SEC) chair Gary Gensler over the new Coinbase appeal, calling him a “bad faith regulator.” The...
‘I'm a Pro-Freedom Candidate’: John Deaton on his Senate Race With Elizabeth Warren
15.4.2024
The election pits a fierce crypto advocate against one of its biggest political opponents. Deaton is a speaker at this year's Consensus festival, in May
Paraguayan Senate Supports Selling Power to Crypto Mining Companies, Criticizes Subpar Energy Agreements With Brazil
13.4.2024
The Paraguayan Senate has approved a resolution supporting selling the country’s energy surplus to crypto mining companies, given the price and guarantees that these institutions offer. The declaration criticizes the subpar agreements that sell energy to Brazil for 25% of the fees collected...
Crypto Lawyer John Deaton Is Outraising Elizabeth Warren In Election Campaign
13.4.2024
John Deaton, a beacon of the crypto industry running for U.S. senate, is beginning to look like a legitimate threat to Elizabeth Warren's seat.
The post Crypto Lawyer John Deaton Is Outraising Elizabeth Warren In Election Campaign appeared first on Cryptonews
Leading Lawmakers From House Financial Services Committee Meet With Chuck Schumer To Discuss Stablecoin Bill: Punchbowl News
12.4.2024
Leading U.S. lawmakers from the House Financial Services Committee (HSFC) met with Senate Majority Leader Chuck Schumer Thursday afternoon to discuss their upcoming stablecoin bill, Punchbowl News has reported. Thursday's meeting marks the latest move by McHenry and Waters to advance stablecoin...
Crypto Industry Needs ‘Light’ Regulatory Framework to Combat Risks: US Sen. Thom Tillis
10.4.2024
Tillis stressed “light” regulation to help curb illicit crypto financing during the Senate Banking Committee meeting on Tuesday.
The post Crypto Industry Needs ‘Light’ Regulatory Framework to Combat Risks: US Sen. Thom Tillis appeared first on Cryptonews
Coinbase Legal Chief Pushes For Stablecoin Regulation
9.4.2024
Paul Grewal, the legal chief at Coinbase, encouraged the US Congress to quickly pass stablecoin legislation on April 9 in order to combat the illegal usage of cryptocurrencies. Paul Grewal's plea coincides with the Senate Banking trial on combating terrorism, illicit financing, and sanctions...
Lummis: Crypto Will Erupt as Big Issue in Senate Races Including Banking Chair Brown's
9.4.2024
U.S. Senator Cynthia Lummis (R-Wyo.) said that the high-stakes Ohio election that could decide both the Senate majority and the leadership of the Senate Banking Committee is likely to dig into cryptocurrency issues, and she encouraged industry insiders to make sure it does
US Senate Candidate Calls for Resignation of SEC Chair Gary Gensler
28.3.2024
U.S. Senate candidate John Deaton has called for the resignation of U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler. “Under Gensler, the SEC has forgotten, or intentionally abandoned, its primary mission in protecting innocent investors,” he stressed. Deaton Calls...
Joe Lieberman, Senator Who Crusaded Against Video-Game Violence, Dead At 82
28.3.2024
Joe Lieberman, a former U.S. senator who crusaded against violence in video games, has passed away at 82. According to a statement from his family, he suffered “complications from a fall.”Read more
Senator Elizabeth Warren Criticizes Crypto, Claims It Threatens U.S. Security and “Helps Terrorists
25.3.2024
Senator Elizabeth Warren (D-MA) criticized North Korea’s crypto usage and the rise of crypto “pig butchering” scams at a Thursday hearing of the Senate of Armed Services, claiming that cryptocurrency as a whole poses “a threat to our national security.” Warren has long been openly anti-crypto...
Crypto Fan Won Ohio Senate Primary That Could Alter the Industry's U.S. Destiny
20.3.2024
Ohio's U.S. Senate race may be the biggest congressional contest this year for the crypto industry, now pitting a digital assets booster against Sen. Sherrod Brown (D-Ohio), the sitting Senate Banking Committee chairman who has stood in the way of the development of regulatory legislation
Argentine Senate Passes Reform Creating Cryptocurrency Entities Registry
19.3.2024
The Argentine Senate passed a law that creates a registry for any institution that offers cryptocurrency services in the country. The CNV, the Argentine securities enforcer, will manage this registry, which also establishes obligations for crypto companies to deliver personal information on their...
Democrats Ask SEC's Gensler to Block Approval of More Crypto ETPs
15.3.2024
Senators say that retail investors face "enormous risks" from such products because thin order books for some cryptocurrencies
$85 Million Crypto Super PAC Sets Sights on Transforming Senate Makeup
9.3.2024
A well-funded political action committee (PAC) backed by prominent figures in the cryptocurrency industry has set its sights on key Senate races, with the goal of potentially shifting the balance of power in Congress.
The post $85 Million Crypto Super PAC Sets Sights on Transforming Senate Makeup...
Fed Chair Jerome Powell Addresses Concerns Over CBDCs, Prioritizes Privacy
8.3.2024
In a recent Senate Banking Committee hearing, Jerome Powell assured lawmakers that the Federal Reserve is not pursuing a CBDC anytime soon and “not far” from cutting interest rate.
The post Fed Chair Jerome Powell Addresses Concerns Over CBDCs, Prioritizes Privacy appeared first on Cryptonews
U.S. Fed Chair Powell Says 'Nowhere Near' Pursuing CBDC, Won't Spy on Americans
7.3.2024
Even if the Federal Reserve were close to recommending a central bank digital currency (CBDC) in the U.S., Chair Jerome Powell told lawmakers that the Fed has zero interest in a system in which it would have a view into user data