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Lawmaker Raises Red Flags Over Hong Kong’s Stablecoin Regulation Proposal
27.12.2023
A Hong Kong lawmaker expressed worries that new stablecoin regulations could disrupt crypto markets. Image by mehaniq41, Adobe Stock. Today, Hong Kong’s financial authorities—the Financial Services and the Treasury Bureau (FSTB) and the Hong Kong Monetary Authority (HKMA)—unveiled their plan...
US Lawmaker Spotlights Crypto Bills Approved by House Committee This Year
26.12.2023
U.S. Congressman Tom Emmer has highlighted various crypto bills that passed out of the House Committee on Financial Services this year. Among them is his appropriations amendment barring the U.S. Securities and Exchange Commission (SEC) “from using taxpayer dollars on its abusive crypto...
US Lawmakers Slam SEC and Chair Gensler for Refusing to Provide Clear Regulation for Crypto Industry
17.12.2023
U.S. lawmakers have slammed the Securities and Exchange Commission (SEC) and its chairman Gary Gensler for refusing to provide clear crypto regulation. “SEC Chair Gary Gensler’s continued refusal to provide clarity for the digital asset ecosystem is shameful,” one congressman said....
Lawmaker Calls for the UK Government to Do More for Blockchain
15.12.2023
Member of Parliament Natalie Elphicke also announced that the parliamentary group she chairs will be hosting industry round tables and a call for evidence
India Won't See Crypto or Web3 Bill for Another 18 Months, Senior Lawmaker Tells CoinDesk
7.12.2023
India is unlikely to bring a crypto or Web3-specific legislative bill anytime soon and perhaps all the way up to mid-2025, said one of the most senior politicians in India's government overseeing the financial evolution of the nation
US Lawmaker Blasts SEC for Deliberately Obfuscating Crypto Regulations — Questions Chair Gensler’s Personal Agenda
7.12.2023
A U.S. lawmaker has slammed the Securities and Exchange Commission (SEC) for having a deliberate policy preference to provide less clarity to the crypto market. “The SEC is not adhering to the law. That’s why it keeps losing in court,” said Congressman Tom Emmer as he questioned...
Congressman Calls for Gensler’s Removal After SEC Sues a Crypto Exchange Twice in 10 Months
23.11.2023
A U.S. lawmaker has urged Congress to pass his bill that would fire U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler. This call followed the securities regulator filing a second lawsuit against crypto exchange Kraken this year after the exchange paid $30 million to settle...
US Lawmaker Urges Congress to Focus on Attracting Crypto Opportunities to Bolster National Security
23.11.2023
A U.S. lawmaker has called on Congress to focus its efforts on bringing more crypto activity and opportunities to the United States in order to “bolster U.S. national security.” Citing the Department of Justice’s action against crypto exchange Binance, the lawmaker stressed that Congress does...
Hong Kong Lawmaker Proposes Bitcoin in Investment Immigration Program
13.11.2023
Source: LT/Adobe A Hong Kong lawmaker has proposed to incorporate Bitcoin trading into the city’s licensed exchanges in the revived investment immigration program. The initiative signals a progressive shift in embracing cryptocurrencies within the sphere of high-stakes financial endeavors....
US Lawmaker: Crypto Is Not the Problem, Bad Actors That Exist in Every Industry Are
12.11.2023
U.S. Senator Cynthia Lummis has defended crypto against claims that the asset class is heavily used in illicit finance. Emphasizing that “Crypto is not the problem, bad actors that exist in every industry are,” the lawmaker pointed out that crypto accounts for less than 1% of...
US lawmaker proposes to cut SEC chair Gary Gensler’s salary to $1
7.11.2023
The Financial Services and General Government bill proposes to drastically cut funding to the SEC and other government agencies
SEC Faces Criticism from Democrat Lawmaker Over Handling of Crypto Accounting Bulletin
3.11.2023
The US Securities and Exchange Commission (SEC) is under scrutiny after Democratic lawmaker Rep. Wiley Nickel from North Carolina criticized the agency’s management of a controversial bulletin concerning the accounting of companies’ crypto holdings. Rep. Nickel has voiced concerns about...
Pro-crypto lawmaker Tom Emmer ends hours-long Speaker campaign: Report
24.10.2023
The Minnesota congressman was one of only a few crypto proponents in Congress being considered as a possible Speaker of the House by Republican lawmakers
Pro-crypto lawmaker Tom Emmer wins Republican nomination for House Speaker
24.10.2023
It’s unclear if Rep. Emmer will have enough support to win in a full floor vote, but the lack of a Speaker of the House has effectively halted all legislation since Oct. 3
Lawmaker Tom Emmer Throws Hat in Ring for House Speaker Role
23.10.2023
Congressman Tom Emmer, who's sponsored a number of crypto-related bills over the past few years and is a member of the Congressional Blockchain Caucus, said he's considering a bid for the vacant Speaker of the House position
Pro-crypto lawmaker stays interim US House Speaker as frontrunner loses first round of voting
17.10.2023
Ohio Representative Jim Jordan, the Republican Party's nominee for Speaker, won the support of 200 of his colleagues in an Oct. 17 vote — below the 217 needed to hold the position
Pennsylvania Lawmaker Scraps Crypto Mining Ban to Advance Energy Conservation Bill
17.10.2023
The state's Environmental Resources and Energy Committee accepted the amended bill on Monday by a slim margin
U.S. Democrat’s Bill Urges Exchanges to Share Off-Chain Crypto Transactions to Regulators
29.9.2023
U.S. Rep. Don Beyer, a Democrat serving the 8th District of Virginia, is pushing a bill that would establish centrally-accessible repositories for off-chain cryptocurrency transaction data.
The bill, dated Sept. 27 – the Off-Chain Digital Commodity Transaction Reporting Act – urges crypto trading...
Lawmaker: Hong Kong Aiming for Stablecoin Regulations by Mid-2024
20.9.2023
Hong Kong lawmaker Duncan Chiu has announced the launch of the second round of consultations aimed at formulating stablecoin issuance guidelines.
Speaking on Tuesday, Chiu said he hopes for the city to release regulatory guidelines for stablecoin issuers by mid-2024, as reported by local...
Hong Kong Lawmaker Addresses Vitalik Buterin’s Concerns on City's Crypto-Friendliness
15.9.2023
Hong Kong legislator Johnny Ng has extended an invitation to Buterin to gain a firsthand understanding of the region's regulatory environment and crypto-related strategies after the Ethereum co-founder questioned the city's crypto-friendliness.
Ng asserted that Hong Kong boasts a stable policy...