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FDIC Asks Thousands of Banks to Disclose Crypto Plans
11.4.2022
The U.S. Federal Deposit Insurance Corporation (FDIC) has asked thousands of banks and other financial institutions it supervises to declare existing crypto activities and any plans they have to engage in crypto activities in the future. Banks to Disclose Crypto Plans to FDIC The Federal Deposit...
The Eerie Similarities of Today’s Great Monetary Shift and the Panic-Led Creation of the Federal Reserve System
9.4.2022
While many Americans believe the U.S. Federal Reserve is the caretaker of the country’s monetary system, its also believed to be one of the worst financial institutions ever created. In 2022, amid a gloomy economy, war, and a number of global crises, the possibility of a great monetary shift...
Law Decoded: ‘Unhosted’ wallets are just ‘wallets,’ March 28–April 4
4.4.2022
Yet another regulatory attack on self-hosted wallets, a digital dollar with privacy protections, and more of the same for spot BTC ETFs
Warren’s battle to curtail crypto gets boost from Ukraine conflict
1.4.2022
While Senator Warren’s new bill officially targets Russia, could this just be an excuse to tighten crypto regulation?
US Congress agency recommends 4 key policy options for blockchain
28.3.2022
GAO aims to help policymakers, including Congress, federal agencies, state and local governments, observe seamless blockchain implementation
US senators Lummis, Gillibrand reveal working on bipartisan crypto legislation
25.3.2022
Senator Cynthia Lummis has won support from a Democrat senator for her new digital asset bill
‘US Government does not stand for freedom’: Bukele reacts to US bill passing Senate committee
24.3.2022
The bill would direct federal agencies to scrutinize how El Salvador implements its Bitcoin law
Law Decoded: Arab States of the Gulf open up to digital asset services, March 14–21
21.3.2022
Crypto comes to the Persian Gulf, U.S. Congress moves sideways, Australia is looking at regulating DAOs
Argentine Congress Approves IMF Debt Deal That Would Discourage Crypto Usage
18.3.2022
The $45 billion loan was approved by the Senate on Thursday night, one week after the Chamber of Deputies passed it
8 US Lawmakers Urge SEC to Stop Crippling Crypto, Stifling Innovation
17.3.2022
Eight U.S. lawmakers have sent a letter to the chairman of the U.S. Securities and Exchange Commission (SEC) regarding how the agency collects information from crypto companies. According to the crypto community, the SEC’s “requests” for information “are overburdensome...
8 Congress Members Ask SEC for Details on Crypto Company Investigations
17.3.2022
The bipartisan group led by Tom Emmer wants to ensure regulators do not stifle American innovation by imposing burdensome reporting requirements
Congress members concerned SEC stifling innovation with crypto scrutiny
17.3.2022
“Overburdensome” — Eight members of Congress have expressed concern that Gary Gensler’s scrutiny of crypto firms is unfairly suffocating the industry
‘Shark Tank’s’ O’Leary Lobbies Congress for Sen. Lummis’ New Crypto Bill
14.3.2022
Kevin O’Leary made himself a household name as a co-host of “Shark Tank,” where budding entrepreneurs make their pitches to a panel of investors. On March 9, it was his turn to make a case for crypto: this time before a panel of about 30 American legislators
Crypto lobbyists up 180% since 2018, with Andrew Yang joining the charge
10.3.2022
A new lobbying group will seek to educate legislators and create pilot programs to convince them of the utility of Web3
Venezuela Increases Minimum Monthly Wage to Half a Petro
7.3.2022
Nicolas Maduro, president of Venezuela, announced an increase in the minimum wage of workers in the country linked to the petro. In the II Workers’ Congress, Maduro revealed that the new value of the salary would be half a petro, the national cryptocurrency, which is now worth close to $59....
Crypto industry seeks to educate, influence US lawmakers as it faces increasing regulation
5.3.2022
Much like other activity in the digital asset space, crypto lobbying has been picking up during the past year
While the Fed Monitors the ‘Ukraine Situation Closely,’ Powell Still Expects a Series of Quarter-Point Rate Hikes
3.3.2022
Federal Reserve chairman Jerome Powell still expects to see interest rate hikes starting in March, but the Fed chief further stressed that the central bank will “need to be nimble.” In remarks prepared for members of U.S. Congress, Powell discussed the Russian invasion of Ukraine...
All Eyes on US Congress as Fed Chair Powell Prepares for First Comments Since Ukraine War Began
2.3.2022
US Federal Reserve chairman Jerome Powell is scheduled to testify before Congress on Wednesday and Thursday this week, with market participants in both crypto and traditional markets now eagerly awaiting his first comments on the economy after the war in Ukraine broke out....
Read More: All Eyes...
All Eyes on US Congress as Fed Chair Powell Prepares for First Comments Since Ukraine War Began
2.3.2022
US Federal Reserve chairman Jerome Powell is scheduled to testify before Congress on Wednesday and Thursday this week, with market participants in both crypto and traditional markets now eagerly awaiting his first comments on the economy after the war in Ukraine broke out....
Read More: All Eyes...
Law Decoded: Bitcoin’s censorship resistance capacity enters the spotlight, Feb. 14–21
21.2.2022
Recent events in Canada sparked a global conversation about financial censorship and crypto's potential to guard against it