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US lawmakers press SEC and FINRA on Prometheum's broker-dealer approval
15.8.2023
Members of the House Financial Services Committee questioned the “timing and circumstances” of FINRA approving Prometheum’s special purpose broker-dealer license in May
Republican Lawmakers Demand Gensler Tell Them How Prometheum Got SEC Approval
15.8.2023
Republicans on the U.S. congressional committee that oversees the Securities and Exchange Commission (SEC) are demanding agency Chair Gary Gensler explain how Prometheum Inc. won its unique approval as a broker-dealer for crypto
US Senators Press Biden Administration for Measures to Counter ‘Serious National Security Threats’ Linked to North Korea, Crypto
8.8.2023
U.S. senators have pressed the Biden administration for measures to counter “serious national security threats” posed by North Korea’s dependence on cryptocurrency. According to the lawmakers, North Korea is using crypto “to evade harsh sanctions and support its ambitions to project...
US lawmakers urge White House to address North Korea's use of digital assets: Report
4.8.2023
Senator Elizabeth Warren was part of a group of lawmakers who pushed for provisions against crypto mixers and privacy coins in the National Defense Authorization Act in July
Apple's App Store Guidelines Under Scrutiny by Lawmakers for Blockchain and NFT Limitations
31.7.2023
Apple is facing regulatory scrutiny in the US over its App Store guidelines, which allegedly hurt apps related to blockchain and non-fungible tokens (NFTs).
In a formal letter, US Representatives Gus Bilirakis of the Republican Party, representing Florida, and Jan Schakowsky of the Democratic...
Lawmakers probe Apple's App Store policies on blockchain, NFTs
29.7.2023
Their letter aimed to explore whether these guidelines might inadvertently hinder the progress and growth of cutting-edge innovations
US Lawmakers Advance ‘FIT for the 21st Century Act’ to Establish Crypto Framework
29.7.2023
U.S. lawmakers have advanced the Financial Innovation and Technology (FIT) for the 21st Century Act that establishes a regulatory framework for the crypto market. “Our bill establishes clear principles to ensure financial security and certainty as digital asset developers continue to innovate,”...
US lawmakers invoke FTX and spar on direction of crypto bills
26.7.2023
On July 26, six pieces of legislation were being considered by the House Financial Services Committee including ones on regulatory clarity and consumer protection in the space
Ripple ruling and crypto ETFs 'drove a lot of urgency' among lawmakers, reportedly says Coinbase CEO
24.7.2023
Coinbase CEO Brian Armstrong reportedly said Representatives Maxine Waters and Patrick McHenry were both considering a legislative path forward on regulating digital assets
UK government rejects lawmakers call to treat crypto like gambling
20.7.2023
The government added that they are already working on regulating the crypto market and a proposed regulatory legislation was laid before parliament and debated last month
Republican Lawmakers Accuse SEC Chair Gensler of Manipulating News Cycle to Hinder Crypto Legislation
20.7.2023
Senior Republican members of the US House of Representatives expressed their concern about the US Securities Exchange Commission’s approach to crypto regulation in a letter to the financial regulator’s chair Gary Gensler.
Representatives French Hill of Arkansas and Dusty Johnson of South Dakota...
US lawmakers propose SEC chair consider legislation, not enforcement approach to crypto
19.7.2023
Representatives French Hill and Dusty Johnson suggested the SEC may have undertaken certain actions on crypto “seemingly timed to coincide with related Congressional activity"
GOP Lawmakers Suggest Gensler's SEC Is Gaming News Cycle to Thwart Crypto Legislation
19.7.2023
Recent actions by the regulator seem to have been timed to coincide with Congressional grandstanding, Reps. French Hill and Dusty Johnson wrote
US Lawmakers Call on SEC to Stop Regulatory Assault on Crypto Following XRP Ruling
19.7.2023
U.S. lawmakers have called on the U.S. Securities and Exchange Commission (SEC) to drop its regulatory assault on the crypto industry following the landmark ruling on the SEC v. Ripple case regarding XRP. “The SEC has chosen to communicate and regulate not by clear rule or guidance but...
Coinbase CEO will meet with US lawmakers to discuss crypto legislation: Report
18.7.2023
The crypto exchange is currently involved in a legal battle with the U.S. Securities and Exchange Commission over allegedly offering unregistered securities
US Lawmakers Call on Congress to Pass Crypto Law Following SEC v Ripple Ruling on XRP
16.7.2023
Several U.S. lawmakers have called on Congress to pass crypto legislation following the court ruling on the U.S. Securities and Exchange Commission (SEC) v. Ripple case regarding XRP. “Gary Gensler’s SEC cannot continue to pursue its regulation by enforcement approach, which only...
UK bill on online safety should apply in the Metaverse, say lawmakers
13.7.2023
Several members of the House of Lords voiced concerns around children's online activities in legislation aimed at regulating “anything communicated by means of an internet service”
UK's New Online Safety Bill Applies to the Metaverse, Lawmakers Agree
13.7.2023
The bill, nearing approval, has measures to prevent children from experiencing harm online
US Senator Expresses Concern Over Prometheum Co-CEO’s Congressional Testimony
11.7.2023
On Monday, U.S. senator Thomas Tuberville (R-AL) published an open letter to U.S. attorney general Merrick Garland and Securities and Exchange Commission (SEC) chairman Gary Gensler expressing concern over allegations that Prometheum, Inc., a registered digital asset company, may have provided...
US lawmakers allege CCP connection in calling for SEC, DoJ investigation of Prometheum
10.7.2023
Republican members of Congress stepped up their allegations of Prometheum's ties to the Chinese Community Party, claiming potentially false or misleading statements to the SEC