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Coinbase Fires Back at Senator Elizabeth Warren — Says Accusations Are Unfounded
26.12.2023
Nasdaq-listed crypto exchange Coinbase has responded to U.S. Senator Elizabeth Warren’s accusations that it hires national security veterans to oppose her legislation. “Your claim that Coinbase is attempting to undermine bipartisan legislation related to cryptocurrency is simply wrong....
Senator Warren’s Bipartisan Push to Combat Crypto Money Laundering Gains Momentum
12.12.2023
Source: Screenshot of video Sen. Elizabeth Warren’s YouTube page Senator Elizabeth Warren (D-Mass.) has announced an increase in support for the bipartisan Digital Asset Anti-Money Laundering Act, which aims to tackle concerns around the use of crypto in illegal activities such as money laundering...
US Lawmakers Launch Bill to Counter Terrorism and Threats Involving Digital Assets
10.12.2023
Several U.S. lawmakers have introduced a bipartisan bill to crack down on terrorist organizations by applying sanctions to foreign entities, including crypto platforms, that facilitate financial transactions for terrorists. The legislation would also “equip the Treasury Department with...
US Lawmakers Introduce Bipartisan Anti-Crypto Terror Finance Bill in Senate
8.12.2023
Source: AdobeStock A group of bipartisan United States lawmakers have introduced a bill to the Senate aimed at preventing terror organizations and their financial enablers from accessing financial aid in fiat and digital assets in the country. Billed to be cited as The Terrorist Financing...
Bipartisan Anti-Crypto Terror Financing Bill Heads to U.S. Senate
8.12.2023
Legislation will crack down on terrorist organizations like Hamas by applying sanctions to foreign parties that facilitate financial transactions with terrorists
U.S. Lawmakers Urge Treasury to Revise Proposed Crypto Tax Rules
16.11.2023
A letter by a bipartisan group of U.S. lawmakers has urged the U.S. Treasury to revise its proposed digital-assets taxation regime
House Financial Services Subcommittee on Digital Assets Tackles Hamas’ Illicit Cryptocurrency
15.11.2023
The House Financial Services Subcommittee on Digital Assets, Financial Technology & Inclusion convened the afternoon of Wednesday, November 15th, to discuss illicit activity in regards to cryptocurrency. Bad actors “We know that bad actors prey on vulnerabilities wherever they can find them,”...
Tether’s USDT and Chinese Blockchains Face Potential U.S. Government Ban
9.11.2023
Source: Washington DC The U.S. lawmakers are proposing a bill aiming to prohibit the U.S. government officials from transacting with Tether’s USDT, China-based blockchain networks, and “other foreign adversaries.” The U.S. Representatives Zach Nunn (R-IA) and Abigail Spanberger (D-VA) have...
Senators unveil bipartisan blueprint for comprehensive AI regulation
9.9.2023
It is expected to be a guide in managing both the potential benefits and risks associated with AI technology
Maine Senator Urges Biden to Consider Clemency for Ross Ulbricht During President’s Auburn Visit
30.7.2023
On July 28, 2023, U.S. president Joe Biden made a trip to Auburn, Maine, where he delivered a speech at Auburn Manufacturing and subsequently attended a private fundraising gathering. Eric Brakey, the Republican senator representing Maine, greeted Biden upon his arrival in Auburn and handed him...
US House Financial Services Committee Passes Stablecoin Legislation ‘After a Few Fireworks’
28.7.2023
The U.S. House Financial Services Committee has passed Chairman Patrick McHenry’s Clarity for Payment Stablecoins Act with bipartisan support. McHenry said committee members, unlike the White House, understood the urgency and importance of providing clarity for payment stablecoins. Sheila...
Bipartisan bill to regulate DeFi, crypto security risks, introduced into US Senate
19.7.2023
The bill was introduced in the evening and has not been published yet, but it is already causing a stir. Crypto Twitter calls it a “nonstarter.”
Lack of bipartisan support on crypto regulation could make US ‘less attractive’ to firms: Moody’s
20.6.2023
A report from the investors’ service pointed to a political divide in language on bills concerning stablecoins and providing a comprehensive framework for digital assets
US Government Presses for Independent Examiner in FTX Bankruptcy Case
31.5.2023
Following the U.S. bankruptcy court judge’s rejection of the U.S. Trustee’s plea to designate an impartial investigator for the FTX bankruptcy case, the government is now appealing this verdict. In essence, the U.S. Trustee’s appeal has been forwarded to the U.S. Third Circuit...
Economist Peter Schiff Blasts Debt Ceiling Deal, States National Debt Might Increase by $4 Trillion in the Next Two Years
29.5.2023
Peter Schiff, the chief economist of Europac and best-selling author, has blasted the recent bipartisan deal regarding the United States debt ceiling. According to Schiff, the proposal fails to address the already inflated budget, allowing rises in several budget areas without supervision, which...
Bitcoin, Ethereum Technical Analysis: Dollar Weakness Pushes BTC Higher, as Biden Fails to Secure Debt Deal
23.5.2023
Bitcoin rebounded on Tuesday, as a result of weakness in the U.S. dollar, following failed talks to tackle the debt ceiling crisis. President Biden stated, “We reiterated once again that default is off the table and the only way to move forward is in good faith toward a bipartisan...
US Lawmakers Introduce ‘First Bipartisan Bill’ Blocking a CBDC
19.5.2023
US lawmakers from both sides of the aisle introduced a bill this week to block the Federal Reserve from issuing a central bank digital currency.
Republican Rep. French Hill of Arkansas and Democratic Rep. Jake Auchincloss of Massachusetts introduced the bill this week, dubbed the Power of...
US lawmakers introduce bipartisan bill proposing ban on members investing in 'financial instruments'
3.5.2023
Representatives Alexandria Ocasio-Cortez and Matt Gaetz — lawmakers diametrically opposed on a variety of issues — joined forces to stop congressional members from trading stocks
Controversial ‘Tiktok Ban Bill’ Sparks Concerns Among Cryptocurrency and Technology Advocates
29.3.2023
Cryptocurrency and technology proponents have recently been discussing a new bipartisan bill called the “Restricting the Emergence of Security Threats that Risk Information and Communications Technology (RESTRICT)” Act. In addition to targeting firms such as Kaspersky, Huawei,...
U.S. Lawmakers Digging Through Crypto Legislation for Bipartisan Winners: Senator
15.3.2023
Ideas have been gathered from the Senate and House, and lawmakers are trying to figure out what can get bipartisan support, said Senate Banking Committee member Thom Tillis