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Nalezeno "US Senator": 883

US Senator: Signature Bank Collapsed Because It Embraced Crypto Customers Without Sufficient Safeguards

17.3.2023
U.S. Senator Elizabeth Warren alleges that Signature Bank failed because it “bought into its get-rich-quick narrative” and “embraced crypto customers with insufficient safeguards.” Emphasizing that the bank took “excessive risk,” the senator demanded answers from...

Senator Warren says Fed chair 'has to recuse himself' from reviewing regulatory failures

15.3.2023
Jerome Powell called for a “thorough, transparent, and swift review” of the Federal Reserve's supervision and regulatory activities following Silicon Valley Bank's closure

U.S. Lawmakers Digging Through Crypto Legislation for Bipartisan Winners: Senator

15.3.2023
Ideas have been gathered from the Senate and House, and lawmakers are trying to figure out what can get bipartisan support, said Senate Banking Committee member Thom Tillis

Extreme Market Turbulence: Critics Call Warren’s Silvergate Take ‘Terribly Misinformed,’ SVB Collapses, Vitalik’s Token Sell-Off Moves Markets, and More — Week in Review

12.3.2023
It’s been a turbulent week in finance with the so-called crypto-friendly Silvergate Bank announcing its liquidation, U.S. Senator Elizabeth Warren blaming the event on “crypto risk,” and individuals on social media pointing out that Warren is “terribly misinformed.”...

Elizabeth Warren Blames ‘Crypto Risk’ for Silvergate Bank’s Liquidation, Critics Dismiss Senator’s Claims as ‘Terribly Misinformed’

9.3.2023
After Silvergate Bank announced its voluntary liquidation, U.S. senator Elizabeth Warren is attributing the financial institution’s downfall to “crypto risk.” According to Warren, she had previously warned about Silvergate. However, some critics are dismissing Warren’s...

Crypto bill draft will be released in April, says Senator Gillibrand

8.3.2023
The Lummis-Gillibrand bill is expected to offer regulatory clarity for many crypto projects and determine whether they fall under the purview of the SEC or CFTC

U.S. lawmakers argue SEC accounting policy places crypto customers at risk

3.3.2023
While the bulletin was intended to provide clarity regarding the accounting treatment for digital assets, it has been criticized by both lawmakers and regulators

'Unworkable' bill to ban blockchain immutability is introduced in Illinois

20.2.2023
Florida-based lawyer Drew Hinkes described the bill as “the most unworkable state law” related to blockchain and cryptocurrency that he has ever seen

ShapeShift responds to Sen. Warren’s comments to ‘set the record straight’

19.2.2023
Switzerland-based crypto platform claimed Warren made “mistakes” in comments at a recent senate hearing, and encouraged her to “constructively engage” with its community

US Senator Calls for Comprehensive Crypto Regulation to Protect Consumers

16.2.2023
The chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, Sherrod Brown, has called for a comprehensive regulatory framework for cryptocurrencies. “Recent crypto meltdowns have made clear that we need a comprehensive framework to regulate crypto products to protect...

US Senator Elizabeth Warren Leads the Charge to Learn More About Crypto Mining Energy Usage – Regulation Incoming?

8.2.2023
Elizabeth Warren, the Democratic Senator who is known as a fierce crypto critic, is now part of an effort by lawmakers to learn more about the energy use of crypto mining. The new initiative aims to increase the transparency requirements for crypto mining companies, particularly when it comes...

U.S. Senator Tim Scott to Release Priorities for Developing Crypto Regulatory Framework: Report

2.2.2023
Scott, the top Republican on the Senate Banking Committee, will release his priorities for a bipartisan regulatory framework for cryptocurrency on Thursday, according to Politico

Arizona senator doubles down on crypto amid the winter of discontent: Law Decoded, Jan. 23-30

30.1.2023
Even though this winter continues to stress test the case for Bitcoin advocation, some lawmakers strive to put their names on the crypto hot list

US Senator’s Resolution Encourages Capitol Gift Shops to Accept Cryptocurrency

30.1.2023
A U.S. lawmaker has introduced a resolution that encourages Capitol gift shops to accept cryptocurrency payments. He stressed that lawmakers “should increase accessibility and signal our support for the burgeoning cryptocurrency industry to those who visit Capitol Hill.” US Senator...

US Senator Focused on Crypto Money Laundering Crackdown — Urges Congress, Regulators to Take Action

30.1.2023
U.S. Senator Elizabeth Warren has called on Congress to ensure regulators, such as the Securities and Exchange Commission (SEC), have the tools to regulate the crypto industry effectively and crack down on crypto money laundering activities. “The current legal structure essentially holds up...

State senator pushes bill to make Bitcoin legal tender in Arizona

27.1.2023
The state senator also introduced a similar bill that aims to make Bitcoin legal tender in 2022 but did not find any success

Arizona Senator Launches Bill to Make Bitcoin Legal Tender

27.1.2023
A senator in the U.S. state of Arizona has introduced a set of cryptocurrency bills, one of which seeks to make bitcoin legal tender. “Centralized digital money controlled by the central bankers is slavery. Decentralized bitcoin is freedom,” the lawmaker said. Arizona Lawmaker Wants...