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First deadline window looms for SEC to approve Bitcoin ETFs: Law Decoded
13.11.2023
Even if approved by Nov. 17, the spot Bitcoin ETFs are unlikely to come to market for at least a month after approval
Senator Introduces ‘Keep Your Coins Act’ to Protect Right to Use Self-Hosted Wallets
10.11.2023
The Keep Your Coins Act has been introduced in the Senate to allow individuals to maintain custody of their cryptocurrencies in self-hosted wallets. The bill also seeks to prohibit federal agencies from “proposing a rule that would impair a person’s ability to act as a self-custodian...
Senator Ted Budd Proposes Keep Your Coins Act Following SBF’s Conviction
8.11.2023
Senator Ted Budd (R-NC) introduced a bill yesterday that would see crypto users’ assets kept in self-hosted wallets in hopes of mitigating third-party risk. Self-hosted wallets The bill, appropriately titled the “Keep Your Coins Act,” was formally introduced by Budd in the Senate on November...
U.S. Senate's Banking Chairman Says Panel to 'Crack Down' on Crypto's Terrorism Ties
26.10.2023
U.S. Sen. Sherrod Brown (D-Ohio) has said the Senate Banking Committee will "crack down on the use of crypto to fund terrorism and evade sanctions" at a time when the U.S. must stand with both Ukraine and Israel as they fight back against Russian President Vladimir Putin and Iranian-backed...
Despite U.S. House Gridlock, Senator Gillibrand Bullish on Stablecoin Bill, Illicit Finance Legislation
24.10.2023
Even as the U.S. House of Representatives is paralyzed by a Republican leadership drama, U.S. Sens. Kirsten Gillibrand (D-N.Y.) and Cynthia Lummis (R-Wyo.) are still pressing to get crypto legislative through
Crypto Needs Congress, But U.S. Lawmakers Have Opted for Pandemonium
9.10.2023
Without the U.S. Congress outlining a clear system of rules, the crypto industry fears it’ll be relegated as a volatile financial backwater. But Capitol Hill is beset by drama, including a U.S. House of Representatives that fired its speaker and a budget debate that could derail the federal...
Ex-Senator Who Once Shepherded Crypto Legislation Sees No Path in Current Congress
21.9.2023
Former U.S. Sen. Pat Toomey, who tried and failed to push his own crypto legislation through Congress before leaving at the start of the year, can’t see how the current Senate will have any better luck, despite recent progress in the House of Representatives
U.S. CBDC Efforts Opposed in Legislation Advanced by House Republicans
20.9.2023
A crypto-related bill meant to stifle a future U.S. central bank digital currency is now heading toward consideration on the floor of the U.S. House of Representatives after committee approval Wednesday, marking further progress for digital assets legislation in Congress
Nine Senate Dems Drum Support for Warren’s Crypto Bill
18.9.2023
Senator Elizabeth Warren has garnered further support in the Senate for her soon-to-be-released Digital Asset Anti-Money Laundering Bill.
This is contained in a press release from Warren's office. According to the document, nine democratic senators have pitched their tents with Warren.
The...
Senator Warren’s Crypto Money Laundering Bill Builds Momentum as More Sign On
18.9.2023
U.S. Sen. Elizabeth Warren (D-Mass.) has enlisted more support from key lawmakers in a growing coalition pushing for a law to crack down on money-laundering and sanctions abuses in crypto, with new sponsorship from the top Democrats on the Senate Homeland Security and Judiciary committees
9 US Senators publicly back Elizabeth Warren’s crypto bill
18.9.2023
Senator Elizabeth Warren announces the expansion of her coalition to crack down on “crypto’s use in money laundering, drug trafficking, sanctions evasion.”
Most Important U.S. Senator for Crypto’s Future Tells Regulators to Use Existing Powers
14.9.2023
U.S. Sen. Sherrod Brown (D-Ohio), whose chairmanship of the Senate Banking Committee gives him power over crypto’s congressional destiny, issued a call to arms to regulators on Thursday, demanding that they use whatever authority they currently have over digital assets to improve market...
Brazil: Senate Commission will analyze the AI bill in 120 days
14.9.2023
The bill, aimed at regulating the artificial intelligence in the country, was introduced to the Senate in December 2022
SEC Chair: Crypto Is a Field Rife With Fraud, Abuse, Misconduct — ‘It’s Daunting’
14.9.2023
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler testified before the Senate Banking Committee, stating that crypto is “a field which is rife with fraud, abuse, and misconduct.” He also stated that the securities regulator is still reviewing applications for spot bitcoin...
SEC's Gensler Remains Resolute in Push for Crypto Regulation Ahead of Senate Committee Appearance
12.9.2023
Securities and Exchange Commission (SEC) Chair Gary Gensler aims to reiterate his stance that many cryptocurrencies should fall under the agency's regulatory purview when appearing before the Senate Banking Committee.
In his prepared testimony released on Monday, Gensler claimed that the industry...
Gensler Hearing Shows Key Senate Democrat Digging in Heels on Crypto
12.9.2023
While U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler was in the hot seat at a Senate hearing on Tuesday, the most important crypto sentiments may have come from Sen. Sherrod Brown (D-Ohio), who tarred much of the industry as dangerous fraudsters
SEC's Gary Gensler to hold firm on crypto enforcement in Senate hearing
12.9.2023
Despite his agency suffering a slew of losses in the courts, Gensler is sticking to his guns at the Senate Banking Committee hearing
How senators plan on regulating AI: Law Decoded, Sept. 4–11
11.9.2023
Senators Richard Blumenthal and Josh Hawley's framework emphasizes that technology companies cannot rely on liability protections to shield them from legal actions
Defiant Gensler Returns to Crypto Grievances Ahead of Senate Testimony
11.9.2023
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is doubling down on his crypto objections in his first remarks following the second recent court setback in his agency’s sweeping legal fight with the industry
SEC’s Gensler Should Be Focus of More Hearings on Treatment of Crypto: U.S. Senator
7.9.2023
Sen. Bill Hagerty (R-Tenn.) previewed the lawmaker ire in store for U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler as Congress returns from its summer break, with Hagerty accusing the regulator of stomping on crypto innovation during a speech on Thursday