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SEC Crypto Crackdown Adds Urgency for U.S. Lawmakers to Produce Regulatory Framework This Year: JPMorgan
12.6.2023
Without a more solid legal framework, cryptocurrency activity will probably continue moving outside the U.S. and into decentralized entities, the report said
Lawmaker Calls SEC Enforcement Actions Against Crypto Exchanges ‘Complete Contempt for Congress’
9.6.2023
Several lawmakers have slammed the U.S. Securities and Exchange Commission (SEC) for regulating the crypto industry by enforcement. One lawmaker says the regulator’s latest action against crypto exchange Coinbase “demonstrates a complete contempt for Congress which is in the process of developing...
Binance may have lied to US lawmakers, argue senators: Report
8.6.2023
U.S. Senators asked the Justice Department to investigate whether the crypto exchange made a false statement to Congress in a letter earlier this year
U.S. Senators Tell DOJ to Investigate Binance for Potentially Lying to Lawmakers: Bloomberg
8.6.2023
Two senate democrats, including Sen. Elizabeth Warren, allege in a letter that the platform may have lied about Binance.US being an independent entity
UK Lawmakers Clash Over Government Plans to Regulate Crypto as Financial Services
8.6.2023
While some lawmakers have aligned with the government’s proposal, others want the volatile assets to be treated as gambling
U.S. Lawmakers Urge IRS, Treasury to Hurry Crypto Tax Rules
7.6.2023
Congressmen Brad Sherman and Stephen Lynch called the crypto industry "a major source of tax evasion" in a letter asking for the prompt release of proposed regulations
'Crypto Tsar' needed to ensure coordinated approach in the UK: EU lawmakers
5.6.2023
APPG Chair Lisa Cameron emphasized the report's significance in securing the UK's leadership in the crypto sector and safeguarding consumers
UK Lawmakers Call for a Dedicated Government Role to Oversee Crypto Regulation
5.6.2023
The Crypto and Digital Assets All Parliamentary Group released its long-awaited inquiry into crypto on Monday
Metropolitan Museum of Art to return $550K in donations from FTX
5.6.2023
The agreement came on the back of “good faith, arm’s length negotiations” with FTX’s debtors, the museum said
US lawmakers aim for crypto regulatory clarity with proposed bill putting the screws to SEC
2.6.2023
The framework under the bill would allow certain tokens to qualify as digital commodities if they were decentralized and crack down on the SEC's previous approach to crypto
US Lawmakers To Hold Digital Asset Spot Market Hearing Next Week
1.6.2023
US lawmakers are slated to discuss digital asset spot markets during a congressional hearing next week.
The House Agriculture Committee will hold a hearing on June 6 titled “The Future of Digital Assets: Providing Clarity for Digital Asset Spot Markets.”
The committee has jurisdiction over...
US Lawmakers Introduce Bill to Halt Federal Reserve’s Digital Dollar Testing, Citing Concerns for American Liberties
1.6.2023
U.S. lawmakers have introduced a bill to prohibit the Federal Reserve from “establishing, carrying out, or approving a program intended to test the practicability of issuing” a central bank digital currency (CBDC). “CBDCs would threaten the liberties of law-abiding Americans and are being used...
Coinbase CEO Criticizes US Lawmakers, Regulators Over Regulatory Approach, Warns of Upcoming Innovation in China
31.5.2023
Coinbase CEO Brian Armstrong criticized US lawmakers and regulators over their approach to bringing “regulatory clarity” to cryptocurrency and warned that innovation is moving offshore.
Countries like China will benefit from “restrictive U.S. crypto policies,” Armstrong said in a MarketWatch...
Rich Dad Poor Dad Author Robert Kiyosaki Says America Is Bankrupt Amid US Debt Crisis
28.5.2023
Rich Dad Poor Dad author Robert Kiyosaki says America is bankrupt as lawmakers engage in lengthy negotiations over the debt ceiling. “Unfunded liabilities as Social Security are over $250 trillion,” he said as the U.S. faces a potential debt default. Robert Kiyosaki on U.S. Debt Crisis The author...
US Lawmakers Urges the SEC To Include State-Regulated Custodians in New Rule
26.5.2023
Lawmakers urged a US regulator to not further limit certain financial stakeholders in its proposed rule tightening cryptocurrency custody requirements.
Republican Rep. Mike Flood of Nebraska and Democratic Rep. Ritchie Torres of New York sent a letter to the Securities and Exchange Commission...
French lawmakers agree to loosen rules in proposed crypto influencer bill
26.5.2023
Previously, the bill restricted influencer marketing to only licensed crypto firms, of which there are currently none in France
Microsoft urges lawmakers, companies to ‘step up’ with AI guardrails
26.5.2023
Microsoft President Brad Smith is the latest tech industry heavyweight to call for better risk management and regulation for artificial intelligence
First Mover Asia: Bitcoin Holding Pattern Continues as Lawmakers Make Progress in Debt Limit Negotiations
26.5.2023
ALSO: Graphics chip manufacturer Nvidia's powerful GPUs were well-suited for bitcoin mining but they now seem primed to boost the company's sales because of their usefulness in artificial intelligence technology
French Lawmakers Strike Softer Deal on Crypto Influencer Law
25.5.2023
A final compromise appears to allow registered crypto firms to advertise through social media influencers, potentially easing industry fears
South Korea Lawmakers Pass Law Requiring Officials to Disclose Crypto Holdings: Report
25.5.2023
Lawmakers recently called for the Bill to take effect within two months