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Biden Administration Announces Opposition To FIT21
22.5.2024
President Joe Biden’s administration will oppose the passage of Financial Innovation and Technology for the 21st Century Act (FIT21), a Wednesday statement from the White House claims. The White House's announcement comes the same day of the bill's vote in the House of Representatives.
The post...
SEC Files Opposition To Ripple’s Latest Motion
21.5.2024
A response to Ripple's move to redact and seal the company's business facts was filed by the US Securities and Exchange Commission (SEC) on May 21 in the parties' remedy briefings.
The post SEC Files Opposition To Ripple’s Latest Motion appeared first on Cryptonews
Democratic House Leadership Will Not Whip FIT21 Despite Strong Opposition: Politico
21.5.2024
Democratic House leadership will not whip party members against voting for FIT21, an email from the Democratic Whip's office obtained by Politico reveals. The House is expected to vote on the landmark crypto regulatory framework sometime on Wednesday.
The post Democratic House Leadership Will...
Exiled Russian Opposition Leader Launches Blockchain-Based Referendum on Vladimir Putin’s Election Win
10.5.2024
Exiled opposition leader Mark Fegyin is leading an effort to give Russians an anonymous, blockchain-powered way to register a "protest vote" against Russia's election results which have handed Vladimir Putin a fifth term as Russian president
Ripple Labs submits opposition to SEC’s penalty
23.4.2024
Ripple has made it clear that it will pay approximately $10 million as a penalty compared to the $2 billion proposed by the Securities and Exchange Commission last month. A top legal officer at Ripple said that the request by the Securities and Exchange Commission is an indication of its continuing...
Ripple Files Opposition to SEC’s $2 Billion Penalty Request
23.4.2024
Ripple opposes the SEC's demand for $2 billion in penalties, proposing a much lower sum of $10 million instead, calling the request an “ongoing intimidation against all of crypto.”
The post Ripple Files Opposition to SEC’s $2 Billion Penalty Request appeared first on Cryptonews
President Biden Proposes Crypto Mining Tax and Wash Sale Rule in 2025 Budget Proposal
11.3.2024
President Biden's 2025 budget proposal aims to introduce a crypto mining tax and close the wash sale loophole for digital assets. The move faces opposition from House Republicans, who criticize the administration's spending. As the 2024 presidential race heats up, the outcome could shape the future...
South Korea’s Ruling and Opposition Parties Make Crypto-Related Poll Promises Ahead of Elections
20.2.2024
South Korea’s ruling political party and its opposition party are making poll promises related to crypto ahead of the national elections later this year scheduled for April 10
Crypto Titan Digital Currency Group Opposes Genesis’ Restructuring Plan for Favoring Select Creditors
7.2.2024
In a legal document filed on Feb. 6, 2024, the crypto juggernaut, Digital Currency Group (DCG), voiced opposition to Genesis’ revised bankruptcy strategy for multiple concerns. DCG argues that the plan favors certain creditors over others unjustly, and the company’s legal team charges...
TG.Casino Blows Away Rollbit as Casino Exceeds All Expectations, $155m Wagered in a Month
1.2.2024
TG.Casino, the latest newcomer to the crypto GambleFi scene is blowing away the opposition by exceeding all expectations, making its $TGC token probably the best pick in this red-hot crypto sector. Already the top-licensed gambling platform on popular bot platform Telegram, TG.Casino is rolling...
At Least 18 U.S. Senators Show Support for Crypto, Data Reveals
29.1.2024
Recent data from Coinbase’s nonprofit advocacy organization, Stand with Crypto, reveals a growing divide among U.S. senators regarding their stance on cryptocurrency. At least 18 senators in the United States are currently supportive of crypto, while 30 senators stand in opposition. Stand...
Ethereum Developers Cite Blockchain State to Oppose Vitalik Buterin’s Gas Limit Increase Proposal
12.1.2024
Source: Pixabay Ethereum developers have expressed concerns over the recent proposal by the network’s co-founder Vitalik Buterin to increase the gas limit on the blockchain. Opposition to Vitalik Buterin’s Proposal In a Jan 11 blog post, Ethereum developer, Marius van der Wijden wrote...
Non-profit Better Markets Says Bitcoin ETFs Approval Will “Harm Investors, Markets, and Financial Stability”
11.1.2024
Source: Pixabay Better Markets, a non-profit organization that advocates for financial reform and more stringent financial regulations, has come out in stout opposition to the newly-approved spot Bitcoin ETFs. In a statement published on the Better Markets website on Wednesday, the organization’s...
South Korean Lawmaker: Top Crypto Exchanges ‘Neglect Responsibilities’
9.1.2024
Source: efired/Adobe A South Korean lawmaker has claimed that the nation’s leading crypto exchanges are “neglecting their responsibilities to protect investors.” According to a report from Daehan Geumyoong Shinmun, the comments came from Min Byeong-deok. Min is a member of the National Assembly’s...
Senator Thom Tillis Adds Voice in Opposition to Warren’s Anti-Crypto Bill
4.1.2024
Senator Thom Tillis (R-NC) has voiced his opposition to Senator Elizabeth Warren’s (D-MA) recently proposed anto-crypto bill, according to a letter published by Satoshi Act Fund CEO and co-founder, Dennis Porter. Tillis’ “significant concerns” Tillis’ letter, originally published by Porter to...
Bitcoin Ordinals Founder: Market Forces, Not Censorship, Should Shape Future
4.1.2024
Bitcoin developer Casey Rodarmor opposes censoring blockchain transactions enabled by his bitcoin ordinals project, sparking community debate. Image by Fareed Mindalano, DALL-E 3. Bitcoin protocol developer Casey Rodarmor has strongly reiterated his opposition to censoring transactions on...
Bitcoin Core Dev Discusses ‘Firing’ All Miners With PoW Algo Change: Feisty Exchanges Mark Growing Divide
18.12.2023
Over the last ten years, Luke Dashjr has emerged as a key player in the realm of Bitcoin development and the network’s open-source software. His opposition to specific trends within the Bitcoin ecosystem has gained more attention lately. He has labeled Ordinal inscriptions and non-fungible...
Venezuelan Attorney General Alleges Exxonmobil Financed Opposition to Essequibo’s Ballot With Cryptocurrency
8.12.2023
Tarek William Saab, the Venezuelan attorney general, stated that Exxonmobil, a U.S.-based oil and gas company, used intermediaries and cryptocurrency to finance actions against the ballot where Venezuelans were consulted about their position on the ongoing Essequibo claim. Fourteen arrest warrants...
JPMorgan’s Jamie Dimon Urges Government to Shut Down Bitcoin
7.12.2023
Source: a video screenshot During a Senate Banking Committee hearing on Capitol Hill, JPMorgan Chase CEO Jamie Dimon expressed his strong opposition to cryptocurrencies, specifically Bitcoin (BTC). Dimon’s remarks came in response to questioning from Senator Elizabeth Warren, where...
Tether, Bitfinex to Drop Opposition to New York Freedom of Information Law Request
24.11.2023
The firms said opposition doesn't mean a "wholesale release" of all documents