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Nalezeno "Congress": 1396

In the aftermath of banks’ horrorshow: Law Decoded, March 13–20.

20.3.2023
A week after the twinning collapse of Silicon Valley Bank (SVB) and Signature Bank, and the trouble at Credit Suisse, the dust is slowly settling down

Senator Cynthia 'Crypto Queen' Lummis: Lack of Laws Pushing Industry Overseas

20.3.2023
The senator from Wyoming – a speaker at CoinDesk's Consensus festival - on crypto's prospects in Washington D.C

Congress announces March 29 hearing into failures of SVB and Signature Bank

17.3.2023
According to the House Financial Services Committee, it expects to hold multiple hearings on "getting to the bottom" of the banks' failures

US lawmaker suggests Signature's collapse was tied to instability of crypto

16.3.2023
Senator Michael Bennet said crypto was not “even as stable as the marijuana industry,” questioning Signature Bank's ability to service digital asset firms but not dispensaries

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

US lawmaker accuses FDIC of using banking instability to attack crypto

15.3.2023
The collapse of Signature Bank, Silicon Valley Bank, and Silvergate Bank has had many in the space reeling — but is the U.S. government trying to "choke off digital assets”?

State caps or federal regulation: What's next for political crypto donations

13.3.2023
The industry isn’t having the best of its moments now, but the topic of campaign donations in crypto remains a relatively safe space for innovation

Nigerian Banks Resume Dispensing Recently Demonetized Naira Banknotes

11.3.2023
According to local reports, Nigerian financial institutions have begun abiding by a Supreme Court ruling that invalidated the Central Bank of Nigeria (CBN)’s demonetization of the 1,000, 500 and 100-naira banknotes. According to the court, Nigerian residents will continue to use...

US senators write to banking regulators about potential crypto discrimination

10.3.2023
The four Republican senators sense hints of the Obama administration’s Operation Choke Point that used regulation against disfavored industries

How US Judges Might Save Crypto from the SEC

10.3.2023
Separation-of-powers offers hope to the crypto industry, which is under attack from unchecked executive power. Two separate courtrooms in which judges, guided by an impartial legal framework, eschewed that popularist mode of judgment and instead considered the SEC’s claims against the facts...

CBDCs could be 'easily weaponized' to spy on US citizens: Congressman

10.3.2023
Congressman Tom Emmer made the anti-CBDC comments to an audience at the Cato Institute, a think tank in Washington

Investors might have avoided FTX if the SEC had addressed Bitcoin ETFs, says BitGo CEO

9.3.2023
According to Mike Belshe, the U.S. SEC’s reluctance to address a “basic” regulatory issue like the issuance of a BTC ETF could have paved the way for FTX's alleged illicit activities

House Republicans directly criticize Biden administration for digital asset policies

9.3.2023
"Because of actions taken by this Administration, the United States is at risk of pushing the digital asset ecosystem overseas,” said Republican Financial Services Committee members

Biden Budget Plan Would Close Crypto Tax Loss Harvesting Loophole

9.3.2023
U.S. President Joe Biden's proposed budget will include a provision to close tax loss harvesting on crypto transactions

Crypto bill draft will be released in April, says Senator Gillibrand

8.3.2023
The Lummis-Gillibrand bill is expected to offer regulatory clarity for many crypto projects and determine whether they fall under the purview of the SEC or CFTC

Federal Reserve’s Powell: We Don’t Want to Strangle Crypto Innovation, but Sector Is a Mess

7.3.2023
If the crypto industry was looking for a silver lining in Federal Reserve Chair Jerome Powell’s testimony in a U.S. Senate hearing on Tuesday, the best he could offer was that he’s hoping there’s something useful and innovative amidst crypto’s mayhem