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Nalezeno "US Congress": 986

We could use crypto regulation after FTX — but let's start with basic definitions

1.12.2022
Congress should start by addressing what cryptocurrencies are securities and what are commodities

Rostin Behnam points to CFTC-regulated LedgerX as success story amid FTX collapse

1.12.2022
"The customer property at LedgerX — the CFTC regulated entity — has remained exactly where it should be, segregated and secure," said Rostin Behnam in a hearing on FTX's failures

US lawmaker questions major crypto exchanges on consumer protection amid FTX collapse

29.11.2022
Binance, Coinbase, Bitfinex, Gemini, Kraken and KuCoin were targets of one senator's probe into protections the firms had in place if a failure similar to FTX's occurred again

US House committee sets Dec. 13 date for FTX hearing

28.11.2022
The House event, titled "Investigating the Collapse of FTX," will follow a similar hearing in the Senate Agriculture Committee scheduled for Dec. 1

SEC chair's crypto oversight strategy in question as ecosystems collapse

26.11.2022
Congressman Tom Emmer showed concerns about the oversight strategy implemented by Gary Gensler, the chair of the U.S. Securities and Exchange Commission for the crypto ecosystem

NY Attorney General Urges Congress to Ban Crypto in Retirement Accounts

25.11.2022
New York Attorney General Letitia James has urged Congress to pass a law prohibiting crypto investments in retirement accounts. “Hardworking Americans should not have to worry about their retirement savings being wiped out due to risky bets on unstable assets like cryptocurrencies,”...

New York Attorney General Urges Congress to Prohibit Retirement Investments in Crypto Assets

24.11.2022
New York Attorney General Letitia Games has urged lawmakers to ban the use of crypto assets as an investment option for retirement accounts. In a November 22 letter penned to members of Congress, James claimed that US lawmakers need to protect workers’ retirement funds from high-risk crypto...

New York AG pushes prohibition of crypto purchases via retirement funds

23.11.2022
The NYAG clarified that digital assets differ from blockchain technology, and it has no issues with citizens purchasing stakes in publicly traded blockchain-based businesses in retirement accounts

Brazilian Cryptocurrency Bill Resurfaces After General Ballot

21.11.2022
The Brazilian cryptocurrency bill, sidelined several times due to the general election ballot that happened on October 30, might be discussed and voted on during the following week. According to reports, the project identified as 4.401/2021 will be on the agenda for being discussed by the Chamber...

FTX Execs Gave $70 Million to Both Democrats and Republicans Heading Into the 2022 US Midterms

18.11.2022
After the collapse of FTX, a number of journalists reported on the fact that FTX executives deployed significant donations to political leaders in the United States. During the most recent election cycle leading up to the U.S. midterms in 2022, reports claim that Sam Bankman-Fried donated more than...

US Senator Urges Congress to Pass Her Crypto Bill — Claims It Would’ve Prevented FTX Bankruptcy

18.11.2022
U.S. Senator Cynthia Lummis believes that the FTX bankruptcy wouldn’t have happened under the Lummis-Gillibrand crypto bill. She stressed: “It’s clearer now than ever before that we need comprehensive regulation in the digital asset space.” Senator Lummis Explains...

US Sen. Warren and Durbin demand answers from Bankman-Fried and his successor at FTX

17.11.2022
Two crypto-unfriendly Democratic senators have sent a letter to the executives with a list of detailed and penetrating questions about the behavior of Bankman-Fried and his businesses

Former SEC Official Doubts FTX Crash Will Prompt Congress to Act on Crypto Regulations

16.11.2022
Lisa Braganca, former SEC enforcement branch chief, discusses why regulation for crypto is likely to come from the SEC or CFTC rather than Congress and why SBF’s lawyers are “apoplectic.”

Crypto skeptic Brad Sherman: federal financial regulators 'sound like Sam Bankman-Fried'

16.11.2022
The U.S. lawmaker suggested four financial regulatory heads had done little to address “crypto billionaire bros” using digital assets for the evasion of sanctions and taxes

FTX collapse was a 'dumpster fire', says US lawmaker announcing investigative hearing

16.11.2022
"There is no sugarcoating it: the FTX collapse has been a dumpster fire,” said House Financial Services Committee ranking member Patrick McHenry

US Lawmaker Urges SEC to ‘Take Decisive Action’ to Regulate Crypto Industry — Plans to Examine Options for Federal Legislation

16.11.2022
U.S. Congressman Brad Sherman has called on the Securities and Exchange Commission (SEC) to “take decisive action to put an end to the regulatory gray area in which the crypto industry has operated.” He added that he plans to work with his colleagues in Congress in the coming weeks...