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US Senate banking chair floats possibility of banning crypto
19.12.2022
Despite suggesting a possible ban, U.S. Senator Sherrod Brown stated it would be “very difficult” to implement because activity “would go offshore.”
US Senator: There's 'no reason why' crypto should exist
12.12.2022
Senator Tester is one of many Democratic senators slamming crypto of late, arguing that as the sector is backed by nothing, and provides nothing, thus there's “no reason” why it should exist
Senate Banking Committee chair calls for coordination with Treasury on crypto
30.11.2022
The committee chair cited crypto exchange FTX’s “alarming fraud”, liquidity crunch, and bankruptcy as an example of financial risk Treasury and regulators should address
Senate Banking Committee Democrats warn SoFi about meeting its compliance deadline
21.11.2022
The committee members, seemingly spurred to vigilance by the FTX debacle, do not see evidence of SoFi Digital Assets shaping up the way the Fed ordered
White House, US Senators Call for Proper Crypto Oversight
12.11.2022
The White House and members of the U.S. Senate Banking Committee have called for proper cryptocurrency regulation following the collapse of crypto exchange FTX. “Without proper oversight of cryptocurrencies, they risk harming everyday Americans, and this is something that clearly we monitor...
Binance gives security assurances in Philippine senate banking committee hearing
25.8.2022
Binance is seeking licensing to establish a presence in the Philippines ahead of a moratorium and providing educational resources for future traders and blockchain developers
US Senate Banking Chief Criticizes Super Bowl Crypto Ads, Claims ‘Big Crypto Companies Are Desperate’
16.2.2022
The United States senator from Ohio and Senate Banking Committee chief Sherrod Brown is not a fan of cryptocurrencies. This week during Tuesday’s stablecoin hearing, Brown criticized all the cryptocurrency companies who advertised during the Super Bowl this past weekend and stressed that...
Fed never did it: US Senate Banking head lashes out at Super Bowl crypto ads
16.2.2022
The lawmaker claimed that crypto is not real money and companies splurging millions on advertisements proves that
US Fed Chair's Top 3 Crypto-Related Comments in Front of Senate Banking Committee
12.1.2022
The US Federal Reserve (Fed) Chair Jerome Powell discussed the central bank's COVID-19 response and financial stability, among other issues, during his re-nomination testimony on Tuesday in front of the Senate Banking Committee. He also made several comments that may potentially have an impact...
Senate Banking Committee chair seeks information from stablecoin issuers and exchanges, suggesting possible hearing
24.11.2021
The senator said he had "significant concerns with the non-standardized terms applicable to redemption of particular stablecoins" in separate letters to eight crypto firms
Fed Chair Says US Inflation ‘More Enduring Than Anticipated’ — Strategist Predicts 10% Market Correction
29.9.2021
Americans are not only worried about future inflation, but they are also dealing with dwindling purchasing power in real-time. Meanwhile, on Thursday, Federal Reserve chairman Jerome Powell plans to address the Senate Banking Committee and discuss inflation. In the remarks pre-published from...
US Debt Ceiling Rattles Markets As Crypto Community Discusses Political 'Theater'
29.9.2021
a theater.”Speaking to the members of the Senate Banking Committee, US Treasury Secretary Janet Yellen warned on Tuesday that the US federal government could run out of money by October 18 unless Congress acts quickly to raise the debt ceiling. “It would be disastrous for the Amer
US Senator Warren Presses SEC to Address Crypto Exchange Outages, High Transaction Fees, Financial Inclusion
16.9.2021
At the U.S. Senate Banking Committee hearing Tuesday, Senator Elizabeth Warren called on the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, to increase oversight of cryptocurrency. She brought up several problems she associates with cryptocurrency that could hurt small...
State of Crypto: Congress Is Holding 3 Hearings Today, Here’s What to Expect
27.7.2021
Congress is holding three simultaneous hearings around cryptocurrencies today – and they're all on different types of use cases
Bank of America, Citigroup, Wells Fargo Unveil Their Cryptocurrency Policies
30.5.2021
Bank of America, Citigroup, and Wells Fargo have shared their policies regarding cryptocurrency before the U.S. Senate banking committee. The three banks are in different stages of offering crypto services to their clients. They also lag behind some of their peers, such as Morgan Stanley...
Pro-Bitcoin US Lawmaker Cynthia Lummis Joins Senate Banking Committee, Plans to Convince Janet Yellen BTC Is Great Store of Value
8.2.2021
Pro-bitcoin U.S. Senator Cynthia Lummis has been appointed to the Senate banking committee. She has been talking to Janet Yellen and has outlined her plans to help the new Treasury Secretary and other U.S. lawmakers understand that bitcoin is a great store of value. Lummis says that Yellen has...
A Bitcoiner Is Now on the Senate Banking Committee
6.2.2021
Wyoming’s Cynthia Lummis – the first U.S. senator to publicly hold bitcoin – has been appointed to the key financial regulatory committee
US Senate Banking Committee Now Has A Bitcoiner + More News
4.2.2021
Cynthia Lummis. Source: Twitter/@CynthiaMLummis
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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A Bitcoin (BTC) supporter US Senator Cynthia Lummis is now serving on the US Senate...
Bitcoin-touting Senator Lummis appointed to Banking Committee
4.2.2021
In announcement the appointment, Lummis made clear that she hopes to get digital asset legislation moving
US Congress Plans Hearings on GameStop Market Pumps
28.1.2021
While Congress is planning multiple hearings, it's less clear what financial regulators might do