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US Senate confirms Philip Jefferson as Federal Reserve vice chair
6.9.2023
Philip Jefferson, who has been serving as a Fed governor since 2022, will take on the No. 2 role under chair Jerome Powell at the central bank until 2036
Australia Senate Committee Rejects Crypto Bill From Opposition Senator Andrew Bragg
4.9.2023
Bragg said the Labor government had put regulating crypto in the slow lane
Senator Calls for Audit on Palau’s Ripple-Backed Stablecoin Pilot Program
8.8.2023
Palauan senator Mark Rudimch has called for an audit of Palau’s stablecoin pilot program, launched by the country’s ministry of finance in partnership with Ripple in July. In a letter sent to the public auditor Satrunino Tewid, Rudimch reported the Palauan senate had concerns regarding...
Elizabeth Warren, Bernie Sanders urge closure of ‘$50 billion crypto tax gap’
3.8.2023
U.S. senators including Elizabeth Warren and Bernie Sanders claimed crypto tax evaders are siphoning off billions from the government
Don’t Pop the Champagne on U.S. Crypto Bills – Progress in Congress Has Been Costly
1.8.2023
The crypto industry has never made it this far in its quest for a new system of U.S. oversight for digital assets, but the recent flurry of legislative progress may still be too contentious for it to become law
US Senate Passes National Defense Bill: Here’s How It Affects Crypto
28.7.2023
The bill's implication on the industry is far-reaching as it affects privacy coins, crypto mixers, and several digital asset exchanges.
The United States Senate has passed the National Defense Authorization Act (NDAA), a law that sets the agenda and funding standards for the Department...
Today in Crypto: Binance Says US CFTC 'Relies on Overreaching and Internally Inconsistent Theories', US Senate Includes Crypto Mixers in its Approved National Defense Bill, The British Museum Partners with The Sandbox
28.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Binance Says US CFTC 'Relies on Overreaching and Internally Inconsistent Theories', US Senate Includes...
US Senate approves national defense bill that also targets crypto mixers
28.7.2023
An amendment in the bill tightens oversight on institutions that are engaging in crypto trading
U.S. Senate Passes $886B Military Spending Bill With Crypto AML Provision
28.7.2023
The amendment takes aim at crypto mixers and “anonymity-enhancing” crypto assets
House Financial Services Committee Votes in Favor of Crypto, Blockchain Bills
27.7.2023
The House Financial Services Committee advanced a set of crypto bills after a landmark markup on Wednesday
U.S. Senate wants companies to report investments in Chinese technologies
26.7.2023
The Senate showed overwhelming support that would require U.S. companies to report any outbound investments into Chinese technologies
Two more crypto bills in the US: Law Decoded, July 17–24
24.7.2023
Last week was marked by two new legislative initiatives for the crypto industry in the United States
SEC Asks for Increased Funding to Tackle Crypto Market Risks and Wrongdoing
22.7.2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has asked Congress for more funding for his agency to address “risks in the crypto markets.” In a Senate hearing, he stressed: “We’ve seen the Wild West of the crypto markets, rife with noncompliance...
Coin Center and Blockchain Association slam ‘unworkable’ US Senate DeFi bill
21.7.2023
Coin Center said the bill was unconstitutional, while the Blockchain Association called it incompatible with blockchain technology
Bipartisan bill to regulate DeFi, crypto security risks, introduced into US Senate
19.7.2023
The bill was introduced in the evening and has not been published yet, but it is already causing a stir. Crypto Twitter calls it a “nonstarter.”
New U.S. Senate Bill Wants to Regulate DeFi-Like Banks
19.7.2023
A new bill from Sen. Jack Reed would impose strict requirements on DeFi protocols under the guise of national security
A Second Round of the Lummis-Gillibrand Crypto Bill Elevates CFTC, Defines DeFi
12.7.2023
The U.S. Securities and Exchange Commission (SEC) would take a back seat in a crypto oversight bill being re-launched by Sens. Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.), which would require that crypto exchanges be overseen by the Commodity Futures Trading Commission (CFTC) and...
U.S. Senate Finance Committee Asks Crypto Industry for Tax Guidance
12.7.2023
The committee sought input from the cryptocurrency industry to better understand the tax challenges presented by digital assets
US Senate Finance Committee asks digital asset community how to tax it in open letter
12.7.2023
Community members may want to read up on the intricacies of tax law before they respond, but they have two months to do so
US Senators to have classified AI briefing at the White House
11.7.2023
U.S. Senators will take part in the country’s first-ever classified Senate briefing on AI which will place in conjunction with the Department of Defense and Intelligence Community