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Senate Banking Committee chair seeks information from stablecoin issuers and exchanges, suggesting possible hearing
24.11.2021
The senator said he had "significant concerns with the non-standardized terms applicable to redemption of particular stablecoins" in separate letters to eight crypto firms
US Senate Demands Answers From Stablecoin Issuers, Expresses ‘Concerns’
24.11.2021
Stablecoins are in for another battering at the hands of the United States policymakers – with the Senate now getting in on the act: a committee chief has expressed “significant concerns” about the “consistency” of the terminology used to audit them....
Read More: US Senate Demands Answers From...
Russian Senate Finance Chief Says Crypto ‘Probably Has a Future’
22.11.2021
Russia’s upper house, the Federation Council, is monitoring crypto – but a key politician claims that tokens may “have a future.”
Speaking to Ura.news, the deputy chair of the Federation Council’s Committee on Budget and Financial Markets Elena Perminova, stated:
“Cryptocurrencies today seem...
10 Congress Members Ask Nancy Pelosi to Help Revise Crypto Provision in Infrastructure Bill
20.11.2021
Ten members of the U.S. House of Representatives have called on House Speaker Nancy Pelosi to address the problem with the crypto provision in the infrastructure bill. They explained that the current definition of a broker in the bill “would increase uncertainty in the cryptocurrency...
US Senator Introduces Legislation to Repeal Infrastructure Bill’s Attack on Crypto Industry
19.11.2021
U.S. Senator Ted Cruz has introduced a bill to repeal the $1 trillion infrastructure package’s crypto provision, which he said is a “devastating attack” on the crypto industry. “I urge my colleagues in the Senate to repeal this harmful language that will create...
Democratic challenger to crypto-friendly senator's seat is interested in space
9.11.2021
38-year-old Senate candidate Morgan Harper said she would be "in learning mode" on the crypto space and solicited comments from her followers
Kazakhstan Senate approves legislation regulating crypto service providers
8.11.2021
The country's legislature has passed a law that would impose financial monitoring on crypto platforms
Kazakhstan Senate Adopts Legislation Subjecting Crypto Platforms to Financial Monitoring
8.11.2021
The Senate in Kazakhstan has approved amendments aimed at preventing the legalization of illicit funds which will affect companies dealing with digital assets, among others. The new legislation subjects crypto service providers to the country’s financial monitoring regime. Senators Back...
Law Decoded: Post-ETF policy landscape and Novi fears, Oct. 18–25
25.10.2021
The Bitcoin ETF approval has been the biggest, but by no means the only, policy-related story of the last week
Australia Needs Regulations to Facilitate Crypto Business, Senate Committee Reports
21.10.2021
A Senate committee in Australia has made a number of proposals to address the lack of proper regulations for the cryptocurrency space. The lawmakers believe the country needs new rules for its fintech and digital asset industries to be able to compete with jurisdictions that are already attracting...
Diem tells Senators on the warpath over Novi: We're not actually Facebook
21.10.2021
In response to a letter from the U.S. calling on Facebook to halt its stablecoin and crypto wallet projects, Diem stated that it “is not Facebook. We are an independent organization”
Check These 12 Crypto Regulation Recommendations By Aussie Senate Committee
20.10.2021
The Australian Senate’s Select Committee on Australia as a Technology and Financial Centre has released its final report which includes a set of recommendations for crypto and digital asset regulation.
The committee made a series of recommendations to Australian authorities, proposing a wide...
Aussie senate committee proposes overhaul of crypto taxes, DAOs and exchange licenses
20.10.2021
The committee recommended more clarity for DAOs, new capital gains tax provisions, and tax breaks for green miners
Senators pressure Facebook to 'immediately discontinue' Novi wallet pilot
20.10.2021
Facebook’s crypto wallet has been shot down by banking committee senators just hours after it launched a pilot
US Senator Lummis Thanks God for Bitcoin as Congress Discusses Raising Debt Ceiling
17.10.2021
U.S. Senator Cynthia Lummis said, “Thank God for bitcoin,” during her speech to the Senate about raising the U.S. debt limit. “Bitcoin is not issued by a government, so it is not beholding to the debts that are run up by governments,” she explained. US Senator...
Law Decoded: Putting your Bitcoin where your mouth is, Oct. 4–11
11.10.2021
Debt ceiling uncertainty erodes trust in the dollar, DOJ announcements the National crypto enforcement team, SEC investigates Circle
US Senator Warren introduces bill to study crypto's role in ransomware
6.10.2021
The Ransom Disclosure Act aims to help the Department of Homeland Security gather critical data on ransom payments in cryptocurrency and fiat
Bitcoin price is back at $50K, but exactly how 'bullish' are the bulls?
5.10.2021
BTC's futures markets premium and options risk gauge show that there are not any signs of excessive leverage or FOMO from traders — yet
Senator Bragg tells NFT Fest new Australian crypto legislation likely in 2022
1.10.2021
Talking about a digital asset plan being cooked up by a Senate inquiry, Senator Andrew Bragg said, “We will want the major parties, including my party, to adopt these policies as part of their election manifestos.”
Fed Chair Says US Inflation ‘More Enduring Than Anticipated’ — Strategist Predicts 10% Market Correction
29.9.2021
Americans are not only worried about future inflation, but they are also dealing with dwindling purchasing power in real-time. Meanwhile, on Thursday, Federal Reserve chairman Jerome Powell plans to address the Senate Banking Committee and discuss inflation. In the remarks pre-published from...