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US House Financial Services Committee Chair Rep. McHenry Accuses SEC Chair of Avoiding Answering Questions
11.5.2023
House Financial Services Committee Chair Patrick T. McHenry accused US Securities and Exchange Commission Chair Gary Gensler of avoiding requests for information about cryptocurrency-related matters, going so far as to threaten a hearing if they don’t hear back soon....
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McHenry to U.S. SEC: Which Crypto Firms Have Tried to Register?
11.5.2023
The U.S. Securities and Exchange Commission (SEC) has so far disregarded congressional requests for information on its interactions with crypto platforms seeking registration as exchanges, according to Republican lawmakers in the House of Representatives, who threatened a hearing if they’re ignored...
The White House’s Bitcoin Mining Tax Undermines Itself
11.5.2023
Imposing a levy on mining in the U.S. will send the industry overseas, increasing emissions while depriving the grid of a useful form of “demand response,” says Nic Carter
Half of North Korea's Missile Funding Comes from Cybercrimes and Cryptocurrency Theft, Says White House
11.5.2023
As North Korean military activities continue to capture the attention of decision-makers and analysts across the world, around 50% of the country’s secretive missile program could be financed by cyberattacks and cryptocurrency theft, according to Anne Neuberger, the U.S. deputy national security...
US House Lawmakers on Both Sides Seemingly Agree on Need for Crypto Legislation
10.5.2023
Lawmakers on both sides of the aisle seem to be reaching some sort of agreement on the need for legislation to regulate cryptocurrency.
Rep. French Hill, R-Ark., said his Democratic colleagues have told him they have supported “commonsense legislation for months.”...
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Crypto Self-Regulatory Organization Plan Floated in US House Hearing
10.5.2023
US lawmakers drifted the idea of regulating cryptocurrency through a self-regulatory organization putting both the Securities and Exchange Commission and the Commodity Futures Trading Commission in charge.
Rep. Stephen Lynch, D-Mass., asked former CFTC Chair Timothy Massad what measures would...
Joint U.S. House Hearing on Crypto’s Future Opens With Discord
10.5.2023
Relevant House committees decided to meet together to figure out how to move forward with legislation, but one key Democrat pushed back on the need for special crypto rules
Lawmaker Warns US Default Risks Dollar’s Reserve Currency Status, Exploitation by China and Russia
10.5.2023
The top Democrat on the House Intelligence Committee has warned that China and Russia would seek to exploit the chaos resulting from a U.S. default. He further cautioned that the U.S. dollar’s reserve currency status could be eroded if the U.S. defaults on its debt obligations. U.S. Lawmaker’s Debt...
Previewing Congress's Joint Crypto Regulation Hearing
10.5.2023
Over the past several weeks, Congress – particularly the House Financial Services Committee – has held a number of hearings on crypto and its role in the world. Even a hearing supposedly focused on overseeing the U.S. Securities and Exchange Commission instead mostly saw questions on crypto...
Republican House Majority Whip Alleges Secret Democratic Backing for CBDC Bill
9.5.2023
Tom Emmer, the Republican Party whip in the US House of Representatives, has claimed that some Democrats secretly supports his anti-central bank digital currency (CBDC) bill.
According to Emmer, many members of Congress are opposed to introducing a CBDC in the US, with many of them being worried...
Kraken Chief Legal Officer and Former CFTC Chair To Testify at Joint House Congressional Hearing
9.5.2023
Top legal officers and a former regulator are slated to testify in front of US congressional committees on Wednesday to unpack digital asset regulation following ongoing tension between the industry and federal agencies.
The House Financial Services Subcommittee on Digital Assets, Financial...
Ron Paul States Federal Reserve’s ‘Decade of Near 0% Rates’ Caused Today’s Financial Crisis
9.5.2023
Former House Representative Ron Paul has presented his stance when it comes to the financial crisis that the U.S. is currently facing. Paul stated that the continued application of quantitative easing (QE), a policy used to increase the money supply, and the decades of almost null interest rates...
Argentina says no to crypto payments, France tolerates ‘finfluencers’: Law Decoded, May 1–8
8.5.2023
Argentina’s central bank banned payment providers from offering crypto transactions, adding that it intends to reduce the country’s payment-system exposure to digital assets
House of Skulls NFT project marks a new evolution in NFT space
8.5.2023
The deliverance of an absolute game-changing NFT project, the House of Skulls, is in the offing and will help in bridging together its community in terms of being in the position of sharing similar ideas related to earning profits, as well as overall pleasure. The project will be different from...
Stranger Things, Marvel Movie Halted Because Hollywood Won't Pay Its Writers
8.5.2023
As the writer’s strike enters its second week, the effects of not having some of most important people on set around are already starting to show: two of the biggest projects currently in production—Marvel’s Blade reboot and the fifth season of Stranger Things—have been put on ice (along with loads...
Texas House Advances Gold-Backed Digital Currency Bill
6.5.2023
Texas has taken its first steps in order to approve a bill that would issue a 100% gold-backed digital currency. If enacted as law, the bill, which is being discussed by a Texas House committee, would create an electronic system for users to transact and pay with this digital currency and would...
White House to build international standards for DLT
5.5.2023
The White House national strategy listed eight emerging technologies with a focus on building international standards and finding use cases in the economic sector
US vice president gathers top tech CEOs to discuss dangers of AI
5.5.2023
Vice President Harris gathered the heads of several AI development firms to discuss potential risks posed by the budding technology
New White House standards strategy could have implications for crypto industry KYC
4.5.2023
The Biden administration has released a strategy document focusing on setting standards for “critical and emerging” technologies such as blockchain and digital ID
House Financial Services and Agriculture Subcommitees To Hold Digital Assets Hearing
4.5.2023
A House Financial Services Committee panel together with a House Agriculture subcommittee plan to unpack digital asset regulation during a hearing next week.
Both of those subcommittees’ digital asset focused subcommittees will jointly hold the hearing titled “The Future of Digital Assets:...