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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.
Regulation news
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
Robinhood CEO to reportedly testify before US House committee over GameStop
2.2.2021
Regulators want to know the details of the GameStop short squeeze
Robinhood CEO May Testify Before US House Committee Over GameStop Allegations
2.2.2021
Vlad Tenev will likely appear before a U.S. virtual hearing as lawmakers investigate the firm's recent trading restrictions, a Politico report says
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
Fed Chair Powell: ‘We’d Welcome Higher Inflation’
27.1.2021
The central bank doesn’t want to pull back asset purchases just yet, Powell said Wednesday
Federal Reserve Holds Rates, Asset Purchases Steady as Economic Activity Moderates
27.1.2021
The central bank noted that economic activity and employment had moderated while the path of the economy will be determined by vaccinations
Senate committee votes unanimously in favor of Yellen as Treasury Secretary
22.1.2021
The Senate Committee on Finance backed Yellen's nomination in a show of bipartisan support
Russian Parliament Foresees a Wave of Token Issuance for 2021 in the Wake of Crypto Law Promulgation
26.12.2020
The head of the Russian parliamentary committee on financial markets and the country’s first crypto law’s author is forecasting a “surge in token issuance” for 2021 in the wake of the promulgation expected to take place in January. Russian Parliament Expects a ‘Surge...
QE Infinity: US Fed to Keep Rates at Zero, Billion-Dollar Bond Purchases Until Economy Recovers
18.12.2020
This week the U.S. Federal Reserve met for two days at the Federal Open Market Committee meeting and detailed that it would keep short-term borrowing rates at near zero. Meanwhile, the Fed also stated that it would continue buying bonds until the U.S. economy returns to full employment....
Korean Exchange Operator to Oversee Crypto-Linked Stocks in the Midst of Suspicions on Unfair Trading
12.12.2020
South Korean securities exchange operator is now expanding its overseeing capacity by monitoring all crypto-related stock activities after volatile movements seen in the last few weeks on listed companies tied to the industry. KRX’s Market Oversights Committee to Supervise Crypto-Linked...
US House Financial Services Chair Waters Recommends Joe Biden Rescind OCC Crypto Guidance
5.12.2020
House Financial Services Chair Maxine Waters told President-elect Joe Biden to undo the OCC's crypto guidance after he takes office next year
Central Bank of Nigeria Governor Decries the Use of Parallel Exchange Rate as Citizens Switch to Crypto
4.12.2020
The governor of the Central Bank of Nigeria (CBN) Godwin Emefiele says the embrace of the parallel market exchange rate by some professionals in that country is unfair and unfortunate. The CBN governor says the parallel foreign exchange market only accounts for a share of the market that does...
SUN.IO Announces Establishment of Community Governance Committee
30.9.2020
TRON based decentralized financial network SUN.IO announced that it has established the Community Governance Committee for SUN. In the official Twitter thread, SUN mentioned features of the SUN DAO, which includes a committee comprising of SUN holders, transparency and self-governance, coordination...
House Ag Committee leader talks new bills to treat more cryptos like commodities
28.9.2020
Congressman Conaway sheds some light on new legislation in conversation with Cointelegraph
Digital Chamber Adds Mulvaney to Board of Advisors; Visa, Goldman Join Executive Committee
23.9.2020
The Chamber of Digital Commerce announced Wednesday that former acting White House chief of staff Mick Mulvaney has joined the group’s board of advisors
Blockchain Proposals Move to US House in Consumer Tech Bill
10.9.2020
The Consumer Safety Technology Act will now be debated in the House of Representatives
Senate Banking Chairman Asks OCC About Its Planned Crypto Rulemaking
2.9.2020
U.S. Senate Banking Committee Chairman Mike Crapo asked to know more about the OCC's potential crypto guidance, but encouraged clear regulation
Visa Exec Says ‘Opt Out With Bitcoin’ Slamming Fed’s Policy Change Toward Inflation
29.8.2020
On Thursday, 17 top Federal Reserve officials explained that the committee plans to let inflation run hotter than usual, or above the benchmark 2% rate for a duration of time. Fed Chair Jerome Powell’s speech was considered a “major policy shift” and a number of economists...
Why Are Traditional Investors So Hungry for Yield Curve Control?
23.8.2020
When FOMC minutes suggested the Federal Reserve might not employ yield curve control, the markets reacted angrily