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Report: Nigerian Lawmakers Set to Pass Law That Diminishes Central Bank Influence on Crypto
20.12.2022
Nigeria is expected to designate cryptocurrency as capital for investment if the country’s House of Representatives votes to approve a bill that seeks to amend the Investments and Securities Act of 2007, a report has said. A Nigerian lawmaker, Babangida Ibrahim, suggested that the Central...
Indian Government Updates Parliament on Cryptocurrency Bill and Investigations of Crypto Exchanges
20.12.2022
The government of India has provided some updates on its cryptocurrency bill and investigations of crypto exchanges in Lok Sabha, the lower house of India’s parliament. “Crypto assets are by definition borderless and require international collaboration to prevent regulatory...
Next House committee chair reintroduces bill on crypto innovation
19.12.2022
Under the proposed bill, companies could apply for an “enforceable compliance agreement” with offices at federal financial agencies that would allow for a regulatory path forward
Nigeria set to pass bill recognizing Bitcoin and cryptocurrencies
19.12.2022
The slated law comes as Nigeria's eNaira has only managed to obtain a 0.5% adoption rate 12 months after its launch in Oct. 2021
New House Financial Services Committee chair wants to delay crypto tax changes
16.12.2022
U.S. Republican Representative Patrick McHenry called for clarification on a “poorly” written digital asset tax provision in a letter to the Treasury
Incoming House Financial Services Committee Chair Asks Secretary Yellen to Delay Crypto Tax Provision
15.12.2022
Rep. Patrick McHenry, the soon-to-be chair of the House Financial Services Committee, wrote a public letter to Treasury Secretary Janet Yellen asking her to delay the implementation of the tax provision in last year's infrastructure law
White House silent on whether it will return $5.2M in donations from SBF
14.12.2022
A White House spokesperson dodged point-blank questioning on whether President Joe Biden is planning to return the political donations from SBF
US Securities Watchdog Charges Sam Bankman-Fried With Fraud Over FTX Collapse
13.12.2022
According to a statement published on Dec. 13, 2022, the U.S. Securities and Exchange Commission (SEC) has charged the disgraced FTX co-founder Sam Bankman-Fried (SBF) with defrauding investors. SEC chairman Gary Gensler explained that the U.S. financial regulator alleges that SBF “built a house...
Hours before his arrest, SBF denied being part of ‘Wirefraud’ chat group
13.12.2022
SBF’s last tweet before his arrest for reportedly committing wire fraud was dispelling his involvement in a group chat purportedly called “Wirefraud.”
FTX US 'Was Not Independent' of Parent Company, New FTX CEO Will Say in House Testimony
12.12.2022
FTX CEO John Ray III is scheduled to testify before the House Financial Services Committee on Tuesday
SBF misses the Senate hearing but promises to testify to the House: Law Decoded
12.12.2022
Sam Bankman-Fried is willing to testify before the Financial Services Committee of the U.S. House of Representatives on Dec. 13
Sam Bankman-Fried says he will testify before the US House Financial Services Committee remotely
12.12.2022
The former CEO previously missed the deadline to confirm his appearance before the Senate Banking Committee, despite the threat of a subpoena
US senator calls on SEC's Gensler to answer for 'regulatory failures'
12.12.2022
Republican Senator Tom Emmer has long been a critic of Gary Gensler and the U.S. Securities Exchange Commission’s cryptocurrency oversight strategy
FTX Co-Founder Sam Bankman-Fried Agrees to Testify Before US Congress
10.12.2022
The co-founder of collapsed crypto exchange FTX, Sam Bankman-Fried (SBF), has agreed to testify at one of the two congressional hearings set for next week. “I had thought of myself as a model CEO, who wouldn’t become lazy or disconnected,” Bankman-Fried claimed. Sam Bankman-Fried...
Sam Bankman-Fried Finally Agrees to Testify Before House Committee Next Week – This is What Happened
10.12.2022
Sam Bankman-Fried, founder and former CEO of FTX, has eventually agreed to participate in the upcoming U.S. House committee’s hearing and testify on the collapse of his crypto empire.
In a Friday tweet, Bankman-Fried said he still does not have access to much data regarding his crypto empire...
FTX's Sam Bankman-Fried to Testify in Front of US House Financial Committee
9.12.2022
The chair of the House Financial Services Committee, Maxine Waters, said SBF's attendance was "imperative."
Former White House Adviser: Biden's Executive Order on Crypto Is 'Balanced' but ‘Gaps’ Remain
8.12.2022
Carole House, co-author of President Biden’s executive order on crypto, discusses why the framework is “balanced” in mitigating risks but still has existing gaps
Crypto Miners in Kazakhstan to Buy Only Surplus Power, Under Digital Assets Bill
8.12.2022
Companies extracting cryptocurrencies in Kazakhstan will be allowed to purchase only excess electricity on a government-controlled market. The decision comes with new legislation approved by lawmakers which regulates the activities of the industry and the taxation of its profits. Law to Regulate...
House Financial Services Chief Waters Not Planning to Subpoena Sam Bankman-Fried: Report
7.12.2022
A hearing on what happened to FTX is scheduled to take place on Tuesday
Rep. Cawthorn fined for ethics breach over Let’s Go Brandon token promo
7.12.2022
The Ethics Committee couldn’t agree if the Representative sought to profit from his promotions but he was fined for it regardless and for also not declaring a “gift” of the token