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Why Did These Two Lawmakers Buy Marijuana with Stablecoin
12.9.2019
Source: iStock/Adventure_Photo
We’re seeing digital tokens in many places these days, but there are still many firsts to experience, especially when it comes to seeing unexpected people using digital assets to buy unexpected things. Such is the case this time around, with California lawmakers going...
“Lawmakers Should Be Open to Blockchain and Cryptocurrencies,” Says IMF Chief Christine Lagarde
10.9.2019
Christine Lagarde, the current chairperson of the International Monetary Fund (IMF) and presidential nominee for European Central Bank (ECB), has often made headlines for her bold statements regarding blockchain technology and cryptocurrencies. Last week, in an opening statement, addressed to...
India Facing ‘Unprecedented’ Economic Slowdown, Extraordinary Steps Urged
26.8.2019
Many signs indicate that the Indian economy is under grave stress, affecting nearly all sectors. “India’s economy is in a deep mess,” due to initiatives such as demonetization and GST, some lawmakers say, as they urge the government to handle the situation “which...
Switzerland Meetings Didn’t Clear US Lawmaker’s Doubts on Facebook’s Libra
26.8.2019
A U.S. lawmaker said her concerns with Facebook's Libra crypto project remain after meeting regulators in Switzerland
Libra ‘Concerns Remain’ for US Lawmakers after Switzerland Talks
26.8.2019
Maxine Waters. Source: a video screenshot, YouTube, NBC News
The head of the United States House of Representatives’ Financial Services Committee says that it is still “concerned” by Facebook’s proposed Libra stablecoin despite extensive meetings with politicians and financial regulators...
US Lawmakers to Discuss Facebook Libra on Swiss Visit: Report
19.8.2019
Congresswoman Maxine Waters and other U.S. lawmakers will discuss Facebook's crypto project with the Swiss data privacy chief this week
Expert: Walmart Crypto Project More Agreeable to Lawmakers Than Libra
5.8.2019
A senior policy analyst thinks Walmart could get its crypto approved by regulators, and the path will be much easier than Libra’s
US Lawmakers Begin to Realize that They Cannot Ban Bitcoin
31.7.2019
Ever since its inception, Bitcoin (BTC) has divided the people into its supporters and opponents. In fact, there are many out there who want it to be completely banned, especially the regulators and the critics of the cryptocurrency. But is it practically possible to impose a ban on Bitcoin?...
UK Lawmakers May Probe Facebook Libra Over Privacy, Fraud Concerns
22.7.2019
A parliamentary committee worries about Facebook holding financial details on its potentially billions of Libra users
Crypto Bullishness Spreads on Capitol Hill
21.7.2019
U.S. Congress has shown that it is starting to care about cryptocurrency as a number of lawmakers spoke up in favor of it this week. “The world Satoshi Nakamoto had envisioned is an unstoppable force” and “there’s no capacity to kill bitcoin” are some of the comments...
Lawmakers Amp Up Pressure on Facebook to Halt Libra Cryptocurrency Development
17.7.2019
U.S. lawmakers repeatedly pressed Facebook's top blockchain exec to halt development of the Libra cryptocurrency in Tuesday's hearing
What to Expect When Congress Grills Facebook on Cryptocurrency This Week
15.7.2019
The Congressional hearings on Facebook's Libra are likely to focus more on the company's privacy failings than broad crypto policy questions
US Lawmakers Draft "Keep Big Tech out of Crypto" Bill
15.7.2019
American parliamentarians are moving fast in an attempt to stop major IT companies from offering financial services and issuing cryptocurrencies.
The draft discussion bill (which you can read in its entirety here), is entitled the Keep Big Tech out of Finance Act. The proposal has been circulated...
IRS Agents Propose Draconian Tactics to Investigate Bitcoin Users
9.7.2019
A recently published U.S. Internal Revenue Service (IRS) slide describes alarming recommendations on how tax agents should deal with digital currency users who are not paying taxes. The slide recommends that agents question crypto users’ friends and family, comb through social media posts...
Facebook Receives Letter From The House Lawmakers Asking Them To Officially Put Libra Development On Hold
3.7.2019
Facebook’s digital currency Libra is in the news again but seemingly for all the wrong reasons. According to the reports doing the rounds since 2nd July 2019. The social networking giant has received a formal letter from the US lawmakers that asks the company to officially put the development...
4 US Lawmakers Join Call to Freeze Facebook’s Libra Project
3.7.2019
Several House Democrats called for a moratorium on Libra development in a letter to Facebook executives on Tuesday
Flowery V20 Talk and Government Terror: Why Darknet Crime Is the Least of Our Worries
1.7.2019
Governments and central banking regulatory bodies continue to express concern about crypto being used for criminal purposes and terror. The terror campaigns of these very same governments continue unabated, however. In the wake of the V20 summit it might seem that lawmakers actually care about...
US Lawmakers Question FinCEN on Terrorist Use of Facebook’s Libra
27.6.2019
U.S. lawmakers questioned FinCEN director Kenneth Blanco about potential terrorist use of Facebook's libra cryptocurrency
American Lawmakers Want Facebook to Put Brakes on Libra
19.6.2019
Source: iStockPhoto/Natali_Mis
Facebook’s Libra token is already facing a legal threat, with senior American parliamentarians asking the social network to cease “momentum going forward” while they probe the project – and take their fight to the greater cryptocurrency industry.
Per an official...
Halt Libra? US Lawmakers Call for Hearings on Facebook’s Crypto
18.6.2019
House Financial Services Committee Chair Maxine Waters asked Facebook to halt development of its Libra crypto until hearings can be held