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State of Crypto: Interpreting the Paxos-Binance Tea Leaves
15.2.2023
Remember how the U.S. Securities and Exchange Commission’s declaration of war against crypto staking was big news for like two days? This week we’re looking at the other big news from last week: Paxos and the Binance USD stablecoin it issues. The SEC has apparently alleged the sale of BUSD violates...
Sen. Warren vows reintroduction of AML bill that extends to DAOs and DeFi
15.2.2023
While the Senator did not expand on other details of the upcoming bill, she suggested that DeFi should not be exempt from AML laws
US Senator: There's 'no reason why' crypto should exist
12.12.2022
Senator Tester is one of many Democratic senators slamming crypto of late, arguing that as the sector is backed by nothing, and provides nothing, thus there's “no reason” why it should exist
US Senate Banking Chief Criticizes Super Bowl Crypto Ads, Claims ‘Big Crypto Companies Are Desperate’
16.2.2022
The United States senator from Ohio and Senate Banking Committee chief Sherrod Brown is not a fan of cryptocurrencies. This week during Tuesday’s stablecoin hearing, Brown criticized all the cryptocurrency companies who advertised during the Super Bowl this past weekend and stressed that...
State of Crypto: Congress Is Holding 3 Hearings Today, Here’s What to Expect
27.7.2021
Congress is holding three simultaneous hearings around cryptocurrencies today – and they're all on different types of use cases
Pro-Bitcoin US Lawmaker Cynthia Lummis Joins Senate Banking Committee, Plans to Convince Janet Yellen BTC Is Great Store of Value
8.2.2021
Pro-bitcoin U.S. Senator Cynthia Lummis has been appointed to the Senate banking committee. She has been talking to Janet Yellen and has outlined her plans to help the new Treasury Secretary and other U.S. lawmakers understand that bitcoin is a great store of value. Lummis says that Yellen has...
US Congress Plans Hearings on GameStop Market Pumps
28.1.2021
While Congress is planning multiple hearings, it's less clear what financial regulators might do
Senate Banking Chairman Asks OCC About Its Planned Crypto Rulemaking
2.9.2020
U.S. Senate Banking Committee Chairman Mike Crapo asked to know more about the OCC's potential crypto guidance, but encouraged clear regulation
Senate Hearing Sees Digital Dollar as a Tool for Economic Supremacy
23.7.2020
The digital dollar again appeared during a Senate hearing. However, it wasn't the focus of the hearing, but rather just another tool that can be used to maintain U.S. hegemony
US Senators Float Bill Requiring Congressional Watchdog Study Crypto’s Role in Trafficking
1.7.2020
Top members of the Senate Banking Committee plan to introduce legislation that would direct the congressional watchdog to study virtual currency’s role in drug and human trafficking
Senate Banking Committee Remains Open to Idea of Digital Dollar in Tuesday’s Hearing
1.7.2020
While not every lawmaker was on board with the idea of a central bank digital currency during a Senate Banking Committee hearing Tuesday, no one explicitly rejected it either
Witnesses Will Vouch for Stablecoins, Digital Dollars in US Senate Hearing Tuesday
30.6.2020
Witnesses will discuss stablecoins and tokenized dollars during Tuesday's Senate Banking hearing on the digitization of money
Fed Chair Powell Warns of ‘Unsustainable’ Budget as US National Debt Crosses $26 Trillion
17.6.2020
In his testimony before the Senate banking committee, Federal Reserve Chairman Jerome Powell warned Congress that the U.S. federal budget has been on an unsustainable path for years. He added that the U.S. economy is facing a deep downturn with “significant uncertainty.”...
Human-Trafficking Expert Urges US Congress to Regulate Crypto Miners
3.9.2019
A former U.S. Treasury official urged Congress to regulate cryptocurrency miners in order to fight human trafficking
US Senator: ‘I Don’t Think You’ve Persuaded Anyone’ Crypto Creates Financial Inclusion
30.7.2019
Sen. Brian Schatz (D.-HI) questioned the claim that blockchain spurs financial inclusion at Tuesday's Banking Committee hearing
Watch the Senate Banking Committee’s Crypto Regulation Hearing Live
30.7.2019
The U.S. Senate Banking Committee is about to hold its hearing on regulation for cryptocurrencies and blockchain. Here's how you can watch it
Circle CEO Allaire to Congress: Treat Crypto as a New Asset Class
29.7.2019
Circle CEO Jeremy Allaire calls for Congress to treat digital assets as their own asset class in testimony for Tuesday's Senate Banking hearing
Senate Banking Committee to Hold Hearing on Crypto Regulation Next Week
24.7.2019
The Senate Banking Committee has scheduled a hearing on cryptocurrency and blockchain regulatory frameworks for July 30
Congress Drew a Fine Line Between Libra and Crypto – That’s a First
23.7.2019
Lawmakers at last week’s hearings took pains to distinguish Facebook’s Libra from the broader crypto space, showing a new maturity in their approach
What to Expect When Congress Grills Facebook on Cryptocurrency This Week
15.7.2019
The Congressional hearings on Facebook's Libra are likely to focus more on the company's privacy failings than broad crypto policy questions