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South Korea Probes Crypto Exchanges Upbit, Bithumb on Ex-Lawmaker's Transfers
15.5.2023
Lawmaker Kim Nam-kuk resigned from the opposition party after his crypto transfers incited controversy
South Korean lawmaker leaves political party amid crypto investment controversy
15.5.2023
A lawmaker allegedly sold over $4 million in cryptocurrency prior to the country's enforcement of the "Travel Rule" by the Financial Action Task Force
South Korean Politician Quits Party Over Crypto Scandal
15.5.2023
A member of the South Korean parliament is leaving his party amid mounting allegations of massive crypto investments inconsistent with his frugal public image. The controversy, which has caught the attention of the Korean society, involves accusations of conflict of interest and other...
Lawmaker Warns US Default Risks Dollar’s Reserve Currency Status, Exploitation by China and Russia
10.5.2023
The top Democrat on the House Intelligence Committee has warned that China and Russia would seek to exploit the chaos resulting from a U.S. default. He further cautioned that the U.S. dollar’s reserve currency status could be eroded if the U.S. defaults on its debt obligations. U.S. Lawmaker’s Debt...
South Korean lawmaker allegedly cashed out while legislating on crypto: Report
8.5.2023
National Assembly member Kim Nam-kuk had authority in handling laws related to digital assets in South Korea, reportedly backing a bill proposing a 20% crypto gains tax be deferred
South Korea Authorities Investigate Lawmaker Over Suspicious Crypto Transfers: Report
8.5.2023
Democratic Party lawmaker Kim Nam-kuk had reportedly co-sponsored a bill seeking to defer taxation on crypto profits
Argentinian Lawmaker Suggests Saving in Crypto, Not USD
4.5.2023
An Argentinian lawmaker has suggested that citizens should save their money in crypto, rather than United States dollars.
The comments came from the MP Martin Tetaz, a member for the city of Buenos Aires.
Tetaz was responding to a tweet from a fellow Buenos Aires MP, Ramiro Marra.
Marra asked...
US Senator Rand Paul Warns of US Dollar Losing Reserve Currency Status — Says ‘It’s Not an Unfounded Prediction’
30.4.2023
U.S. Senator Rand Paul has warned that the U.S. dollar could lose its status as a global reserve currency. “For a variety of reasons, both foreign policy as well as fiscal irresponsibility, yes, the dollar is in a precarious position,” said the lawmaker. Senator Rand Paul on U.S. Dollar Losing...
Ether’s Security Status Remains Unclear as SEC Chair Gensler Fails to Answer Lawmaker’s Question
20.4.2023
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, would not answer a direct question in a congressional hearing about whether ether is a security. While the SEC chair insisted that the law is clear on crypto, Congressman Patrick McHenry argued that the SEC’s...
EU Lawmakers Skeptical on Digital Euro Plans
19.4.2023
Members of the European Parliament seem nonplussed as they are set to consider legislation for a central bank digital currency
US Lawmaker Introducing Legislation to Remove SEC Chairman Due to ‘Long Series of Abuses’
19.4.2023
A U.S. lawmaker has announced that he is introducing legislation to remove the Securities and Exchange Commission (SEC) chairman in order to “correct a long series of abuses.” The SEC, under Chair Gary Gensler, has been heavily criticized for its enforcement-centric approach to regulating...
'Nothing is a coincidence with the government,' claims US lawmaker on Operation Choke Point 2.0
13.4.2023
Speaking at the NFT.NYC 2023, United States congressman Byron Donalds hurled criticism at recent crypto regulatory initiatives
EU Money Laundering Law Won’t Prevent Crypto Payments, Lead Lawmaker Says
28.3.2023
The new legislation, which will be put to vote on Tuesday, is set to impose new restrictions on transactions from self-hosted wallets
US Lawmaker Introduces Bill to Affirm Blockchain Developers and Non-Custodial Services Are Not Money Transmitters
27.3.2023
A U.S. lawmaker has introduced the Blockchain Regulatory Certainty Act to ensure that developers and non-custodial service providers in the crypto space are not considered money transmitters and are not subject to the same level of regulation as custodial cryptocurrency exchanges. “The longer...
Top Russian Lawmaker Says Bitcoin ‘Has No Future’ – This Is What He Backs for Success Instead
23.3.2023
A top Russian MP and the chief architect of the nation’s crypto legislation claims that Bitcoin (BTC) has “no future” – and claims that “ruble-backed coins” will prevail instead.
The comments were made by Anatoly Aksakov, the State Duma’s Chairman of the Committee on Financial Markets,...
US Senator Introduces Bill to Ban Direct-to-Consumer Central Bank Digital Currency
23.3.2023
U.S. Senator Ted Cruz has introduced “legislation to prohibit the Federal Reserve from developing a direct-to-consumer” central bank digital currency (CBDC). The lawmaker warned that it “could be used as a financial surveillance tool by the federal government.” Another...
Texas Lawmaker Launches Resolution to Protect Bitcoin Investors, Support BTC Economy
23.3.2023
A legislative proposal has been introduced to support the bitcoin economy in the U.S. state of Texas. “The individuals who own bitcoin should be protected” under the Texas Constitution, the proposal describes. “No citizen of Texas shall ever be deprived of their right to own bitcoin...
Texas lawmaker introduces resolution to protect Bitcoin miners and HODLers
21.3.2023
The Lone Star State is already home to many crypto and blockchain firms as well as miners taking advantage of the regulatory-friendly environment
Spanish Lawmaker Turns Back on Politics – to Become a Bitcoin Guru
21.3.2023
A Spanish lawmaker has turned his back on parliament and his political career – and plans to become a Bitcoin (BTC), altcoins, and blockchain guru instead.
Per reports from Criptonoticias and ABC, Teodoro García Egea, the former General Secretary of the Popular Party, told journalists at a press...
US Lawmaker Urges Government to Guarantee All Deposits to Avoid Runs on Smaller Banks
20.3.2023
A U.S. congressman has urged the federal government to temporarily insure every bank deposit in the country. Following the collapses of several major banks, he stressed that if the government does not do this, there will be a run on smaller banks. “This is a contagion that could be spread...