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Bitcoin Undo Button & Fleeing Firms: Bad Crypto News of the Week
6.7.2020
Check out this week’s Bad Crypto podcast
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.”...
Ex-Bakkt CEO Kelly Loeffler Got $9M Payout as She Left for US Senate: Report
7.5.2020
Senator Kelly Loeffler received the hefty payout from her husband's company, Intercontinental Exchange, as she left bitcoin company Bakkt to take up her political position
ICE Paid Loeffler $9 Million Bonus Right Before She Entered the Senate
6.5.2020
Financial statement reviews show the Intercontinental Exchange, or ICE, gifted U.S. Senator Kelly Loeffler millions during her departure from its daughter company, Bakkt
US Senate Staffers Float Blockchain Voting if Chamber Goes Remote
4.5.2020
U.S. Senate staffers, hunting for tech to keep their chamber legislating through crises, floated blockchain voting in an April 30 continuity of Senate memo
US Congress Considers Blockchain-Based Voting Amid COVID-19
3.5.2020
The United States Congress is contemplating developing a blockchain-based system to allow remote Senate voting
Former Bakkt CEO to Sell All Holdings After Insider Trading Accusations
9.4.2020
Former Bakkt CEO and Georgia senator Kelly Loeffler will sell all her holdings with her husband following accusations of insider trading
US Senate Floats ‘Digital Dollar’ Bill After House Scrubs Term From Coronavirus Relief Plan
24.3.2020
A draft bill posted Tuesday to the U.S. Senate Committee on Banking, Housing, and Urban Affairs defines a "digital dollar" and details how it might be maintained
Sen. Loeffler Rejects Accusations of Improper Trading
22.3.2020
Loeffler denies allegations of improper trading, emphasizes that third parties handle decision making pertaining to her portfolio
Sen. Loeffler Under Fire for Improper Trading After Coronavirus Hearing
20.3.2020
After a private senate hearing on COVID-19, Loeffler reportedly dumped millions worth of stock while also purchasing shares in a distributed work solutions company
Treasury Secretary Mnuchin Gives Testimony on Cryptocurrency, New Regulations Rolling Out Soon
13.2.2020
U.S. Treasury Secretary Steven Mnuchin gave his testimony on cryptocurrency before the Senate Finance Committee on Wednesday. Mnuchin said crypto is a “crucial area” that the Treasury has spent a lot of time on. He also talked about stablecoins and announced that new crypto regulations...
Trump Views Crypto a Threat, Proposes Countermeasures in New Budget
11.2.2020
The White House released the Budget of the U.S. Government on Monday, outlining some proposals to increase cryptocurrency oversight which President Donald Trump views as priorities. The budget proposes giving the Treasury more power over crypto and requests funding for FinCEN to expand its efforts...
New Bill in Oklahoma Proposes Depository for Cryptocurrencies Used by Government
19.1.2020
A bill has been introduced in the U.S. state of Oklahoma to establish a new type of state-chartered financial institution that will be “the central depository for virtual currency used by governmental agencies in this state.” The new establishment aims to provide financial and technical...
Former Bakkt CEO and New US Senator Loeffler Will Help Oversee CFTC
8.1.2020
Former Bakkt CEO and Georgia's new Senator Kelly Loeffler will help oversee the CFTC, a major financial regulator in the U.S
Former Bakkt CEO Sworn Into Senate, Casts 1st Vote to Support Trump
7.1.2020
Former Bakkt CEO Kelly Loeffler has been sworn into the U.S. Senate to become the newest Georgia’s Senator and cast her first vote to support Trump
Bakkt Launches Bitcoin Options in US, Futures in Asia
10.12.2019
Bakkt has launched two new regulated bitcoin derivatives products. Within hours of launch, Bakkt announced that over 1,000 futures contracts had been traded in Asia. The platform now offers four types of regulated bitcoin derivatives products: monthly and daily physically delivered bitcoin futures...
Bakkt Launches 1st Regulated BTC Options as CEO Enters US Senate
9.12.2019
ICE’s digital asset arm Bakkt launches the first regulated Bitcoin options and cash-settled futures