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Anti-Crypto Mixer Blockchain Integrity Act Introduced in US House of Representatives

11.5.2024
The Blockchain Integrity Act, a piece of legislation that seeks to put a 2-year moratorium on using cryptocurrency mixers, was introduced by U.S. Congressman Sean Casten on March 7 in the U.S. House of Representatives. Co-sponsored by Reps. Bill Foster, Brad Sherman, and Emanuel Cleaver, the bill...

U.S. House's McHenry Says Bill on Crypto Market Structure Will Get Floor Vote

10.5.2024
The most comprehensive U.S. cryptocurrency legislation to so far make it through a congressional committee will get even further, with the entire House of Representatives set to vote on whether to approve it soon, according to Rep. Patrick McHenry (R-N.C.), the chairman of the House Financial...

House expected to vote on crypto bill offering SEC, CFTC clarity in May

10.5.2024
The Financial Innovation and Technology for the 21st Century Act passed out of committee in July 2023 but could be headed for a full floor vote in the U.S. House of Representatives

White House Plans to Nominate CFTC Commissioner Johnson for Treasury Position

10.5.2024
According to reports, the US Treasury Department's top position involving bank supervision would be filled by the nomination of Kristin Johnson, a commissioner at the Commodity Futures Trading Commission (CFTC), by the White House. The post White House Plans to Nominate CFTC Commissioner Johnson...

House Approves Resolution to Overturn SEC’s Crypto Rules — Biden Threatens to Veto

9.5.2024
The U.S. House of Representatives has passed H.J. Res. 109, a resolution aimed at overturning the Securities and Exchange Commission’s SAB 121 regulations on digital assets. The resolution seeks to reduce regulatory burdens and promote safer custodianship of digital assets by regulated banks....

US House Proposes Bill to Ban Cryptocurrency Mixers for Two Years

9.5.2024
Led by Sean Casten and supported by fellow Democrats, the proposed bill seeks to enact a two-year ban on cryptocurrency mixers. This would mark a significant step towards addressing anonymity concerns and potential misuse in the digital currency realm. The post US House Proposes Bill to...

House votes to nullify SEC’s anti-crypto banking guidance SAB 121

9.5.2024
The House of Representatives has voted to overturn controversial SEC guidance that has virtually blocked banks from custodying crypto assets

House Poised to Vote on Erasing SEC Crypto Policy While President Biden Vows Veto

8.5.2024
The U.S. House of Representatives is poised to vote on a resolution Wednesday to reject the Securities and Exchange Commission (SEC) cryptocurrency accounting guidance that the industry said has deterred banks from handling crypto customers, but President Joe Biden is already promising he'll veto...

House Slated To Vote Today On Controversial Crypto Bulletin SAB 121 Resolution

8.5.2024
The U.S. House of Representatives is set to vote this afternoon on a resolution proposed by Representatives Wiley Nickel (D-NC) and Mike Flood (R-NE) that would see a formal disapproval of the United States Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin (SAB) 121. News of...

Proposed US Blockchain Integrity Act would ban crypto mixers for 2 years

8.5.2024
The bill introduced in the House would impose a fine of up to $100,000 for handling funds from mixers while Treasury writes a report

Crypto Mixers Targeted in U.S. House Democrats' Effort to 'Clamp Down' on Money Laundering

7.5.2024
Several Democrats on the House Financial Services Committee have a bill coming this week to target money laundering through cryptocurrency mixing services, said Rep. Sean Casten (D-Ill.), one of its backers

Latam Insights: South African Ponzi Scheme Boss Dies in Brazil, Argentine House Passes Crypto Tax Regularization Bill

6.5.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: South African Ponzi scheme mastermind dies of a heart attack in Brazil, the Argentine House advances crypto tax regularization bill, and Buenos Aires targets...

Argentine Lower House Passes Cryptocurrency Legalizing Opportunity in Reintroduced Omnibus Law

3.5.2024
The Argentine Chamber of Deputies passed a series of cryptocurrency tax opportunities for citizens holding undeclared assets in foreign countries as part of reintroducing the “Omnibus law.” The bill, which was dropped in February, has now been reintroduced and approved by the lower...

UK gov't calls for action on AI copyright, market competition

3.5.2024
The U.K. government is under pressure to increase AI oversight following a House of Lords report highlighting the need for stricter regulations for AI standards

Former FTX Boss Ryan Salame Gives up $5.9M Bahamas House

3.5.2024
Former co-CEO of FTX Digital Market Ryan Salame is to transfer a $5.9 million house he owns in the Bahamas to settle criminal charges. The post Former FTX Boss Ryan Salame Gives up $5.9M Bahamas House appeared first on Cryptonews

U.S. House Financial Services Committee Chair Patrick McHenry Blasts Gary Gensler, SEC Over ETH Security Stance

1.5.2024
House Financial Service Committee Chair Patrick McHenry has taken to X to claim United States Securities and Exchange Commission (SEC) Chair Gary Gensler “knowingly misled Congress when pressed on the classification” of Ethereum (ETH) in testimony the U.S. regulator gave to the Financial Services...

House's McHenry Accuses SEC Chief Gensler of Misleading Congress on Ethereum

30.4.2024
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has been accused of misleading Congress by Rep. Patrick McHenry, the chairman of the House Financial Services Committee, who said Gensler's agency already knew it considered Ethereum's ether a security before he attended a hearing...