congress
-
Senate Banking Committee’s priorities for new Congress include crypto: Report
- February 2, 2023
- Posted by: Bogdan
- Category: congress, Cryptocurrencies, law, regulation, united states
No Comments
South Carolina Senator Tim Scott, the Republican ranking member on the United States Senate Banking Committee, reportedly plans to develop “a bipartisan regulatory framework” for cryptocurrencies. According to a Feb. 2 report from Politico, Scott included the crypto framework as one of his priorities for the 118th Congress. He reportedly was skeptical of some aspects
-
US lawmakers renew request for answers from Silvergate on FTX: Report
- January 31, 2023
- Posted by: Bogdan
- Category: Banks, congress, FTX, regulation, united states
Several United States senators have reportedly penned a letter requesting answers from Silvergate Capital — the parent company of Silvergate Bank — related to the collapse of cryptocurrency exchange FTX. According to a Jan. 31 Bloomberg report, U.S. Senators including Elizabeth Warren, Roger Marshall and John Kennedy said Silvergate had not fully answered questions in
-
White House cryptocurrency ‘roadmap’ recommends against pension funds
- January 28, 2023
- Posted by: Bogdan
- Category: congress, Cryptocurrencies, White House
The White House released a statement on Jan. 27 that provided the United States President Joe Biden administration a roadmap for mitigating risks associated with cryptocurrencies. Much of the document was addressed to the U.S. Congress with the administration’s legislative guidance. The authors of the statement outlined a two-pronged path forward. They wrote: “We have
-
Congressman Hill to ‘make sure’ US is the place for blockchain innovation
- January 27, 2023
- Posted by: Bogdan
- Category: Blockchain, congress, Financial Services Subcommittee, French Hill, regulations
The chairman of the newly formed U.S. congressional subcommittee on digital assets has pledged for progressive crypto regulations to ensure that “America is the place for innovation in fintech and blockchain.” Speaking on CNBC’s Squawk Box on Jan. 26, Congressman French Hill offered some of his first insights into what is anticipated for crypto regulations
-
US Senator Ted Cruz pushes for crypto in Congress… using snacks
- January 27, 2023
- Posted by: Bogdan
- Category: btc payment, buy with crypto, congress, Crypto payments, crypto vending machine, politicians, senator, Ted Cruz, texas senator, US capitol building
Texan Republican Senator Ted Cruz is pushing the United States Congress to adopt cryptocurrency within its halls using an incentive both sides might agree on — food. Cruz introduced a concurrent resolution dated Jan. 25 that would only allow vending machine and food service contractors that accept crypto as a payment option within the U.S.
-
US House Republicans plan to establish crypto-focused subcommittee: Report
- January 12, 2023
- Posted by: Bogdan
- Category: congress, government, politics, regulation, united states
Republicans in the United States House of Representatives reportedly plan to step up their oversight of the crypto industry with the creation of a new subcommittee. According to a Jan. 12 report from Politco, North Carolina Representative Patrick McHenry, chair of the House Financial Services Committee, said he planned to set up the subcommittee in
-
US lawmakers call on court to approve ‘independent examiner’ in FTX bankruptcy case
- January 10, 2023
- Posted by: Bogdan
- Category: Bankruptcy, congress, FTX, regulation, united states
A group of four United States senators have criticized one of the law firms involved in the bankruptcy case of crypto exchange FTX for conflicts of interest. In a Jan. 9 letter to Judge John Dorsey of the U.S. Bankruptcy Court for the District of Delaware, Senators John Hickenlooper, Thom Tillis, Elizabeth Warren, and Cynthia
-
US senator behind efforts to pass major crypto bill won’t seek re-election
- January 5, 2023
- Posted by: Bogdan
- Category: congress, Cryptocurrencies, law, regulation, united states
Michigan Senator Debbie Stabenow, chair of the United States Senate Agriculture Committee, has announced that she will be leaving office in 2025. In a Jan. 5 announcement, Stabenow said she would finish the remainder of her 6-year term in the Senate, then “pass[ing] the torch” to other U.S. lawmakers. The senator was one of the
-
US Congress investigations into FTX are in limbo without a House Speaker
- January 4, 2023
- Posted by: Bogdan
- Category: congress, FTX, government, regulation, united states
At the time of publication, the United States House of Representatives was at a historic standstill in its process of choosing a Speaker for the 118th Congress — a quagmire that could lead to lawmakers delaying committee hearings. As of Jan. 4, California Representative Kevin McCarthy lost the fifth round of votes to become the
-
100 crypto lobbyists prepare for the fight of their lives as Congress resumes
- January 4, 2023
- Posted by: Bogdan
- Category: congress, crypto industry, Lobbying, policymakers, regulations
Cryptocurrencies will be a hot topic as the United States Congress resumes and the battle lines are drawn between lawmakers for and against the fledgling financial industry. But the Blockchain Association reports that more than 100 crypto industry advocates are fighting to help strike the right balance between protection and innovation. The 118th U.S. Congress