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India Facing ‘Unprecedented’ Economic Slowdown, Extraordinary Steps Urged
26.8.2019
Many signs indicate that the Indian economy is under grave stress, affecting nearly all sectors. “India’s economy is in a deep mess,” due to initiatives such as demonetization and GST, some lawmakers say, as they urge the government to handle the situation “which...
After Switzerland Visit, Crypto Concerns Remain for US Regulators
26.8.2019
Following meetings about Libra with Swiss regulators, U.S. lawmakers still harbor concerns over Facebook’s proposed stablecoin
Congress Holds a Skeptical Eye Against Facebook’s Libra, Scrutiny Continues
25.8.2019
Maxine Waters, the chairperson, U.S. House Financial Services stated in an interview that the committee is to continue the probe into Facebook’s Next-Gen cryptocurrency initiative, Libra. Waters’ announce it right after the Republican Patrick McHenry, released a statement to Waters pleading...
Rep. Waters Says Congress Will Continue Review of Facebook’s Libra
23.8.2019
Congresswoman Maxine Waters announced a tentative schedule for this fall including a continued review of Facebook's Libra initiative
Congressional Research Service Examines Blockchain in Energy Sector
13.8.2019
The Congressional Research Service has researched and noted pros and cons of blockchain solutions for the energy sector
Congressional Research Service Finds Potential Blockchain Uses for Energy Sector
12.8.2019
Congressional researchers detailed the current state of energy consumption related to cryptocurrency mining and potential regulations for the energy-intensive process
BCH News Roundup: Transactions Spike, Cashaddr Support and Developer Congress
10.8.2019
The last seven days have been busy within the Bitcoin Cash ecosystem with a slew of announcements and developments. Kraken exchange recently added the BCH-based Cashaddr address format and Coinbase open-sourced a utility that makes it easy to convert between Base58 and Cashaddr addresses....
Expert: Walmart Crypto Project More Agreeable to Lawmakers Than Libra
5.8.2019
A senior policy analyst thinks Walmart could get its crypto approved by regulators, and the path will be much easier than Libra’s
Circle CEO Allaire to Congress: Treat Crypto as a New Asset Class
29.7.2019
Circle CEO Jeremy Allaire calls for Congress to treat digital assets as their own asset class in testimony for Tuesday's Senate Banking hearing
Ripple Writes Open Letter to Government, Asks for Fair Crypto Regulations
29.7.2019
Leading crypto-blockchain network Ripple has penned an open letter to the US Government, requesting fair regulation of the crypto industry. The letter comes as a response to the growing dissent in the government regarding digital currencies, especially after social media giant, infamous for several...
Ripple Execs Urge Congress to Recognize Differences of Crypto Assets
29.7.2019
In an open letter to the U.S. Congress, Ripple executives urged the lawmakers to support crypto regulation that does not disadvantage U.S. companies and does not paint crypto assets with "a broad brush."
"We urge you to support regulation that classifies digital currencies in a way that...
Congress Drew a Fine Line Between Libra and Crypto – That’s a First
23.7.2019
Lawmakers at last week’s hearings took pains to distinguish Facebook’s Libra from the broader crypto space, showing a new maturity in their approach
Crypto Bullishness Spreads on Capitol Hill
21.7.2019
U.S. Congress has shown that it is starting to care about cryptocurrency as a number of lawmakers spoke up in favor of it this week. “The world Satoshi Nakamoto had envisioned is an unstoppable force” and “there’s no capacity to kill bitcoin” are some of the comments...
How US Congress Can Make Stablecoins and Libra Irrelevant
16.7.2019
Source: iStock/Uko_Jesita
It is well-known by now that U.S. lawmakers and now even members of President Trump’s cabinet are highly skeptical about Facebook’s proposed Libra stablecoin. And although regulators and governments in parts of the world have tried their best to control digital tokens...
What to Expect When Congress Grills Facebook on Cryptocurrency This Week
15.7.2019
The Congressional hearings on Facebook's Libra are likely to focus more on the company's privacy failings than broad crypto policy questions
Diamonds and the Treasury Debt Ceiling: Why Nothing Has ‘Intrinsic Value’ in Economics
15.7.2019
The U.S. Treasury Department has just issued an urgent letter requesting a lift on the debt ceiling, warning Congress of imminent financial collision in September as federal cash is running out. Though this scenario has played out many times before, it takes on special significance now in light...
Bitcoin’s Price Could Rise If Facebook’s Crypto Survives Congress Hearings
15.7.2019
Bitcoin is under pressure ahead of U.S. congressional hearings on Facebook’s Libra cryptocurrency on July 16 and 17. But what happens next?
How US ‘Keep Big Tech Out of Finance’ Draft Bill Targets Facebook’s Libra
14.7.2019
Facebook’s digital currency plans have caused concern among bureaucrats worldwide and members of the U.S. government seem fearful of a giant tech establishing itself as a financial institution. Prior to the U.S. congressional hearings and the upcoming G7 finance meeting, a U.S. discussion...
Winklevoss-backed Crypto Self-Regulatory Group Prepares to Woo Congress
11.7.2019
The Virtual Commodity Association has launched six committees to write “well-informed, sensible regulation” for the crypto industry
Top-6 Issues Experts/Entities Have With Libra
11.7.2019
Libra faces intense scrutiny as lawmakers and industry experts highlight its potential risks