The officials ask Congress to intensify its efforts on crypto regulation to prevent the misappropriation of consumers' assets and the emergence of conflicts of interest. Four high-ranking US government officials working in the White House have issued a call to action to the US Congress, urging it to "step up its efforts" in the area […] The post...
U.S Senator Ted Cruz has introduced a bill in the Senate that seeks to enable crypto payments at restaurants and vending machines in the Capitol building.
Out of 535 senators and representatives in the U.S. Congress, 196 were found to have taken donations in cash from FTX. The members of Congress were identified by CoinDesk journalists in a large research effort to shine a light on Congress' connection...
The current CEO of FTX, John Ray, has provided key insights into the workings of the bankrupt exchange during his congressional testimony.
Lawmakers in the United States have announced that they will hold a hearing on the collapse of FTX. FTX Faces Government Hearing FTX and its officers will soon face an...
Lawmakers in the United States have announced that they will hold a hearing on the collapse of FTX. FTX Faces Government Hearing FTX and its officers will soon face an...
Bitcoin users are an intolerant minority who will quickly mobilize if they think that forthcoming legislation is unfavorable or unfair to Bitcoin.This is a transcribed excerpt of the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, they are joined by Andy Edstrom CFA, CFP and advisor to Swan Bitcoin to talk about government regulation, how to expose your family...
Should we depend on established political parties to defend the interest of Bitcoiners? Or is it time to form a new Bitcoin political party?This is an opinion editorial by Robert Hall, a content creator and small business owner.As political polarization continues to widen, finding your ideological home in a political party has become difficult. In today's political environment, you must be...
Summary: A member of the U.S. congress sent a letter to five exchanges in the U.S. to inquire about their fraud mitigation systems. Coinbase, FTX, Binance.US, Kraken, and KuCoin are the five crypto exchanges named in the press release on Tuesday. Rep. Raja Krishnamoorthi's letter also addressed the SEC and noted that federal laws fail to provide sufficient oversight for cryptos. Crypto regulations...
The bill from the Senate Agriculture Committee would place much of the crypto world under CFTC oversight. Bipartisan Bill Pushes for CFTC Oversight A new crypto bill is hitting the...
Bitcoiners who are optimistic about Senate cryptocurrency legislation should remain skeptical of the legislators who want to regulate the industry.This is an opinion editorial by Niklas Kleinworth, a research assistant at the Idaho Freedom Foundation, which is a public policy think tank.As Congress seeks to refine the federal government’s stance on cryptocurrency, one must be wary of...
Brazilian congressman, Fábio Ostermann, sees bitcoin as a means to make tools of the state obsolete and allow for technology to set people free.In an episode of the “Bitconheiros” podcast with guest Fábio Ostermann, the Brazilian congressman commented — among several subjects — on Bitcoin and the adoption of...
It is critical that both lawmakers and consumers understand the natural protections that Bitcoin gives them as a result of its decentralized design.With DeFi scams, exploits and collapses becoming more and more common within the digital asset space, the need for comprehensive regulation that protects consumers has never been more important. While the space has often fought against oversight from any sort...
Senators Cynthia Lummis and Kirsten Gillibrand will introduce the Responsible Financial Innovation Act for regulatory clarity for bitcoin and cryptocurrencies.On Tuesday, June 7, 2022, Cynthia Lummis, a Republican senator and rancher from Wyoming, and Kirsten Gillibrand, a Democrat senator and securities lawyer from Albany, New York, will introduce the...
A new bill working its way through the House of Representatives would require members of Congress to report the value of any purchase, sale, or exchange of cryptocurrencies over $1,000....
The U.S. Congress has released a statement declaring that it would launch an investigation into Representative Madison Cawthorns (R-NC) crypto activities for allegedly promoting a coin in which he had...
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