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The CFTC could prevent the next FTX with some congressional help
17.11.2022
The Commodity Futures Trading Commission should be responsible for preventing companies like FTX from taking root in the future
US House Committee to Investigate and Hold Bipartisan Hearing on FTX Collapse
16.11.2022
The U.S. House Financial Services Committee is planning to investigate the FTX collapse, according to a joint press release published by the committee’s chair Maxine Waters and representative Patrick McHenry. Furthermore, a congressional hearing is scheduled to take place in December, according...
Thousands petition for congressional investigation of alleged Gensler–SBF links
15.11.2022
Ripple defense lawyer John Deaton’s CryptoLaw website has a petition app, and readers are urging Congress to look into a suspicious meeting and other supposedly questionable links
Senator Warren Leads Congressional Group's Probe Into Bitcoin Mining Energy Use in Texas
12.10.2022
Seven Democrats are asking Texas grid operator how bitcoin mining is impacting the state
Ethereum’s Merge Was a Public Policy Miracle, so When Is the Congressional Hearing?
29.9.2022
JPMorgan CEO Jamie Dimon Tells Congress Crypto Tokens Like Bitcoin Are ‘Decentralized Ponzi Schemes’
23.9.2022
JPMorgan Chase CEO Jamie Dimon said in a U.S. congressional hearing that crypto tokens, like bitcoin, are “decentralized Ponzi schemes.” He told lawmakers: “I’m a major skeptic on crypto tokens which you call currency.” JPMorgan CEO Jamie Dimon Calls Crypto Ponzi...
Crypto Booster Bond Loses Primary Bid for New York Congressional Seat
24.8.2022
Michelle Bond – one of the most prominent cryptocurrency advocates in this year’s U.S. congressional races – lost her bid to be the Republican candidate for her New York district
Congressional Group ‘Disturbed’ by Crypto Mining Energy Usage
15.7.2022
The six Democratic lawmakers found that seven large crypto miners consume enough energy to power all the households in Houston
US Congressional hearing on digital asset regulation focuses on disclosure
23.6.2022
An agriculture subcommittee heard a CFTC official, a law professor, a Chainalysis cofounder and Charles Hoskinson air their views on regulation and adjacent topics
Biden's pick for Fed vice chair for supervision calls for congressional action on stablecoins
19.5.2022
Fed nominee Michael Barr said that the government agency potentially releasing a central bank digital currency was an issue that required “a lot more thought and study."
US congress research agency weighs in on UST crash, notes gaps in regulation
17.5.2022
The CRS described the TerraUSD crash as a “run-like” scenario where holders started to doubt the reserves that back the dollar peg
The Unnoticed OFAC Budget Ask in Last Week's Crypto Congressional Hearing
22.3.2022
U.S. Sen. Elizabeth Warren wants to task the Biden administration and Treasury Department with monitoring crypto transactions for fear of sanctions violations. The two Treasury agencies that would do so might already have the authority they need – but not the money
Ukraine Adds to Fed Chair's List of Worries Before His Congressional Testimony
1.3.2022
Jerome Powell is facing questions from lawmakers on Wednesday and Thursday for his semiannual monetary policy update to U.S. lawmakers
US Inflation Rate Jumps Highest in 40 Years to 7%, Democrats Concerned Inflation Will Haunt the Party
13.1.2022
One of the hottest topics in the United States in 2022 is the rising inflation, as the U.S. Labor Department’s data published on Wednesday indicated that the consumer price index (CPI) rose to 7% in December. This represents the largest annual jump since 1982. Federal Reserve governor Lael...
Witnesses offer differing opinions on approach to stablecoins at congressional hearing
14.12.2021
Every witness who appeared in front of the committee seemed to have their own rallying cry for U.S. lawmakers, from calling for greater KYC/AML compliance to "avoid policies that encourage the growth of stablecoins."
FTX releases crypto regulation proposals before US congressional hearing
4.12.2021
The “FTX’s Key Principles for Market Regulation” blog consists of a 10-points proposal aiming to help U.S. regulators build a crypto-centric regulatory framework
US lawmaker urges congressional action on crypto as government avoids shutdown
3.12.2021
“Chairman Gensler’s failure to provide clear rules of the road for cryptocurrencies underscores the need for Congress to act," said Senator Pat Toomey
Congressional candidate seeking to unseat anti-crypto Brad Sherman is accepting contributions via Lightning
30.11.2021
An elementary school teacher, Aarika Rhodes said she plans to use her time in Congress “fighting to keep Bitcoin innovation” in the United States
US Senator Proposes Congress Adopt Cryptocurrency for Payments
5.11.2021
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...
US Senator Lummis Thanks God for Bitcoin as Congress Discusses Raising Debt Ceiling
17.10.2021
U.S. Senator Cynthia Lummis said, “Thank God for bitcoin,” during her speech to the Senate about raising the U.S. debt limit. “Bitcoin is not issued by a government, so it is not beholding to the debts that are run up by governments,” she explained. US Senator...