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American Crypto Bosses Face Congress Committee Grilling in December


“Several crypto CEOs” will be summoned to speak at a parliamentary hearing in the United States next month, according to the Blockchain Association, an industry group representing many of the nation’s top players. In a series of tweets from the association’s Director of Government Relations...

US Senator Proposes Congress Adopt Cryptocurrency for Payments


U.S. Senator Ted Cruz has introduced a resolution that would position Congress to lead in the area of cryptocurrency by having congressional cafeterias, vending machines, and gift shops accept crypto payments. “Congress is typically slow to adopt new technology,” he said. Senator...

SEC Chairman Gary Gensler: No Plan to Ban Crypto, It’s up to Congress


SEC Chairman Gary Gensler says that the SEC has no plan to ban cryptocurrencies as China has done. He noted that it would be up to Congress to make such a decision. Recently, Federal Reserve Chairman Jerome Powell similarly said that the Fed had no intention to ban or limit the use...

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