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US Senators Press Meta CEO Mark Zuckerberg on Crypto Scam Policies for Facebook, Instagram, Whatsapp
11.9.2022
Six U.S. senators have demanded answers from Meta CEO Mark Zuckerberg about how his company is handling cryptocurrency scams on its social media platforms, including Facebook, Instagram, and Whatsapp. “We are concerned that Meta provides a breeding ground for cryptocurrency fraud that causes...
US lawmakers call on Mark Zuckerberg to address 'breeding ground' for crypto scams: Report
9.9.2022
A Federal Trade Commission report from June identified Facebook, Instagram and WhatsApp among the top platforms for crypto fraud originating on social media
Republican lawmakers call for answers on digital dollar from Fed vice chair
8.9.2022
The House members asked for clarification on whether the Fed may be considering an “intermediated model” for a digital dollar that could require authorization from Congress
Billionaire David Rubenstein Bullish on Crypto, Optimistic About Regulation
5.9.2022
Billionaire David Rubenstein, Carlyle Group’s founder, believes that U.S. lawmakers will not push to regulate the crypto industry unduly. Noting that he is bullish on crypto, the billionaire investor said: “the greatest fortunes are made when people go against conventional...
EU Lawmakers Vote Down Green Crypto Mining Study
31.8.2022
The Green Party had pushed for the research into mining techniques after failing to impose restrictions on bitcoin-style proof-of-work
Philippine Lawmakers, Central Bank, SEC Discuss Crypto Regulation in Senate Hearing
26.8.2022
The central bank and the Securities and Exchange Commission (SEC) of the Philippines discussed crypto regulation in a Senate hearing with the participation of several executives from the crypto industry, including from crypto exchange Binance. Philippine Regulators Discuss Crypto Policies...
US lawmakers appeal directly to 4 mining firms, requesting info on energy consumption
18.8.2022
Four members of the U.S. House Committee on Energy and Commerce said they were "deeply concerned" that Proof-of-Work mining could increase demand for fossil fuels
House Lawmakers Send Letters to 4 US Crypto Miners Asking for Details on Environmental Impact
18.8.2022
Core Scientific, Riot Blockchain, Marathon Digital and Stronghold Digital received the letters from members of the Committee on Energy and Commerce
EU Lawmakers Seek to Cap Banks’ Bitcoin Holdings
17.8.2022
Lawmakers of the European Green Party want to anticipate international standards by legislating hefty capital norms for lenders now
3 Bills Introduced in US to Make CFTC Primary Regulator of Crypto Spot Markets
8.8.2022
Three different bills have been introduced in the U.S. this year to empower the Commodity Futures Trading Commission (CFTC) to be the primary regulator of the crypto spot markets. Lawmakers Want CFTC to Be Primary Regulator of Crypto Spot Markets Three bills have been introduced in Congress so...
US lawmakers request crypto firms provide info on diversity and inclusion
5.8.2022
“There is a concerning lack of publicly available data to effectively evaluate the diversity among America’s largest digital assets companies," said the letter
Crypto Becomes Next Financial Sector Under US Lawmakers’ Diversity Lens
5.8.2022
Rep. Maxine Waters (D-Calif.), the chairwoman of the House Financial Services Committee, has asked 20 of the largest cryptocurrency firms doing business in the U.S. to explain their hiring practices as the panel adds the digital assets industry to the financial sectors it’s questioned about...
US Lawmakers Move to Clarify Definition of 'Brokers' in 2021 Infrastructure Law
3.8.2022
A bipartisan group of U.S. lawmakers want to ensure that the definition of a crypto "broker" for tax reporting purposes does not capture parties that cannot report crypto transactions for tax purposes
Ripple’s Counsel Urges US Lawmakers to Urgently Pass ‘Sensible’ Crypto Legislation Amid SEC Lawsuit Over XRP
30.7.2022
Ripple’s general counsel has urged U.S. lawmakers to pass “sensible crypto legislation” amid a Securities and Exchange Commission (SEC) lawsuit over the sale of xrp. “Rather than providing regulatory clarity through rulemaking, the SEC is bullying crypto markets...
Will Stablecoins Be Tethered to the Fed? Lawmakers Have Circled That Option
27.7.2022
Companies issuing stablecoins would have to deal with the Federal Reserve as the chief oversight agency in the current version of a bill being developed in the U.S. House of Representatives, say people familiar with the talks. This change would be novel for the Fed and for the nonbank crypto...
US lawmakers ask about EPA, DOE monitoring of crypto mining emissions, energy consumption
15.7.2022
U.S. legislators suspect cryptomining is “problematic” for energy use and emissions, while Paraguay is ready to give the crypto industry, including miners, incentives
UK Lawmakers Start Inquiry Into Crypto Use
13.7.2022
A parliamentary committee has started an inquiry into the risks and opportunities in the use of crypto and the necessary response from the government and regulatory bodies
Hong Kong to Introduce Licensing for Crypto Platforms Through AML Law
10.7.2022
New legislation tailored to regulate the crypto space in Hong Kong aims to implement a licensing regime for crypto service providers. The respective changes to the region’s anti-money laundering (AML) rules have been submitted to its legislature while a recently published report examines...
EU Lawmakers Want Anti-Money Laundering Rules To Cover NFTs
5.7.2022
With the European Union advancing work on new regulations that could exert a significant impact on the crypto industry, a group of members of the European Parliament have proposed an amendment to the bloc’s anti-money laundering (AML) legislation that would cover non-fungible token (NFT) trading...
NFT Platforms Should Be Caught by EU Money-Laundering Overhaul, Lawmakers Say
4.7.2022
Unhosted wallets and decentralized finance were left largely unscathed by two landmark crypto laws agreed to last week, but left-wing lawmakers may seek another go as they discuss dirty-money rules