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US Congressman Declares Plan to Fire SEC Chair Gary Gensler for Crypto Overreach – Here's the Latest
17.4.2023
Republican Congressman Warren Davidson has introduced legislation with an aim to remove Securities and Exchange Commission (SEC) Chair Gary Gensler from his role.
The legislation was announced by Davidson via Twitter this weekend, and came in response to proposed rules by the SEC that would...
CFTC chair says Binance intentionally broke rules concerning futures, commodities
14.4.2023
The head of the CFTC, Rostin Behnam, recently spoke out against Binance and its leadership at a public-facing event held at Princeton University
Financial Services chair McHenry send SEC second request for records related to SBF arrest
13.4.2023
Sam Bankman-Fried was arrested just before his committee appearance was scheduled
Committee Advises SEC to ‘Aggressively Assert Authority’ Over Crypto — Says Virtually All Crypto Tokens Are Securities
11.4.2023
The U.S. Securities and Exchange Commission’s Investor Advisory Committee has advised the SEC to “aggressively” assert authority over crypto assets that are securities. The advisory committee believes that “virtually all, if not all, crypto tokens are securities,”...
Congressman Tom Emmer says SEC chair Gary Gensler is a 'bad faith regulator'
8.4.2023
The crypto-friendly congressman questioned Gary Gensler’s supposed ‘open door policy” suggesting that he “might have an open door, but it is an enter-at-your-own-risk-door.”
Ripple CEO Slams SEC Chair Gensler for Dictating Which Crypto Tokens Are Securities
1.4.2023
Ripple CEO Brad Garlinghouse has slammed Securities and Exchange Commission (SEC) Chairman Gary Gensler for claiming that he has the authority to determine which crypto tokens are securities, rather than relying on the legislation that governs his agency’s power. “It’s time...
Crypto Banking Rules Could Be Modified If Market Reacts, Basel Committee Chair Says
28.3.2023
Controversial rules unveiled last year would discourage banks from holding assets such as bitcoin that are deemed risky
Binance Case is Clear Evasion of Law Says CFTC Chair Behnam
28.3.2023
The CFTC on Monday filed suit against the crypto exchange and its CEO Changpeng Zhao
Former CFTC Chair Giancarlo: A Privacy-Protecting U.S. CBDC Could ‘Take Over the World’
27.3.2023
If the U.S. were to design a digital dollar that protects the privacy of its users and is free of surveillance tools, it could reach mass adoption, the Digital Dollar Project co-founder said
White House Says Biden Has ‘Confidence’ in Fed Chair Powell While Fedwatch Tool Predicts a 25bps Hike This Week
21.3.2023
With the Federal Open Market Committee convening on Wednesday and the recent financial troubles facing the U.S. banking system, White House press secretary Karine Jean-Pierre said President Joe Biden has “confidence” in Federal Reserve chair Jerome Powell. Meanwhile, according to...
US Senator Calls for Investigation Into Bank Failures — Says Fed Chair Powell ‘Bears Direct Responsibility’
20.3.2023
U.S. Senator Elizabeth Warren has called for a “thorough, independent investigation of the causes” that led to the failure of Silicon Valley Bank (SVB) and Signature Bank. She alleges that Federal Reserve Chairman Jerome Powell “bears direct responsibility” for regulatory...
Dutch Financial Regulator Vows Strict Treatment of Crypto Business Under MiCA
19.3.2023
The financial regulatory body of the Netherlands intends to maintain tough attitude towards the Dutch digital assets sector despite looser European rules. The head of the agency overseeing the industry doesn’t think crypto is good news and highlights its flaws in an article. Head of Dutch Financial...
Chair of EU Parliament’s Committee on Budgets Calls for Crypto Ban Amid Banking Turmoil
19.3.2023
A European lawmaker has urged authorities to impose a ban on cryptocurrencies citing the current crisis in the banking sector as a reason. Johan Van Overtveldt, former finance minister of Belgium, believes these assets bring no economic or social value. Belgium’s Ex-Finance Minister Suggests Ban...
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
Moody’s Downgrades US Banking Sector to Negative After Collapse of Three Major Banks
14.3.2023
After the failure of three major U.S. banks last week, with two of them being the second and third largest banking failures in the country, Moody’s Investors Service has downgraded the rating of the U.S. banking system from “stable” to “negative.” As one of...
CBDCs should protect privacy, not be a surveillance tool: Former CFTC chair
14.3.2023
The former CFTC chair argues that AML and KYC measures are outdated and constitutionally questionable and said crypto technology can do better
CFTC Chair Insists Ether Is a Commodity, Not a Security as Claimed by SEC Chairman
11.3.2023
The chairman of the Commodity Futures Trading Commission (CFTC) has insisted that ether is a commodity, not a security as claimed by the chairman of the Securities and Exchange Commission (SEC). The CFTC chief stressed that the derivatives watchdog would not have allowed ether futures products...
US Fed to create new crypto team amid concerns about unregulated stablecoins
10.3.2023
The Fed’s Vice Chair for Supervision emphasized that they do not want to curb innovation, but ensure that regulations protect households and the financial system
Steve Forbes Says the Fed Is ‘Inflicting Unnecessary Pain’ With Interest Rate Hikes
10.3.2023
Media mogul Steve Forbes, chairman of Forbes Media, has warned that the Federal Reserve is “inflicting unnecessary pain” on the U.S. economy with its interest rate hikes after Fed Chair Jerome Powell said the Fed is prepared to raise interest rates at a faster pace. He also pointed...
Fed Chair Powell Provides Update on US Central Bank Digital Currency
10.3.2023
Federal Reserve Chairman Jerome Powell has provided an update on the Fed’s central bank digital currency (CBDC) work in a hearing before the House Financial Services Committee. While stating that the Fed is “making progress on technological issues,” Powell stressed that...