Tags : Congress


Blockchain

White Home Blames Congress for Failure to Enact Crypto Rules

The White Home pointed the finger at Congress Friday for stalling on a complete, nationwide crypto regulatory framework, outlining quite a few actions lawmakers might take to reign-in fraud and unhealthy actors within the crypto sector.  Congress “must step up its efforts,” 4 of President Biden’s senior advisors wrote in a White Home blog post […]Read More

Bitcoin

Brazil’s Congress Strikes to Regulate Crypto Funds

Brazil’s Congress right this moment handed a invoice that might regulate the usage of cryptocurrency as a method of fee all through the nation, doubtlessly offering a lift towards the adoption of digital belongings within the South American nation. Brazil’s Chamber of Deputies accepted a brand new regulatory framework—signed underneath code PL 4401/2021—that may embrace […]Read More

Blockchain

‘Bitcoin Senator’ Lummis: FTX Collapse Exhibits ‘It is Time’ for

The collapse of crypto trade FTX highlights the necessity for Congress to “study extra” about cryptocurrency, mentioned Sen. Cynthia Lummis (R-WY), often called the “Bitcoin Senator” for her cryptocurrency advocacy on Capitol Hill. Lummis, who launched the bipartisan Responsible Financial Innovation Act alongside Kirsten Gillibrand (D-NY) earlier this 12 months, spoke in a pre-recorded interview on […]Read More

Bitcoin

KlimaDAO Engages Tusk Methods to Push Congress to Write DAOs

The KlimaDAO introduced Friday that it’s collaborating with politicians to supply a authorized framework for DAOs within the Lummis-Gillibrand Responsible Financial Innovation Act. KlimaDAO’s authorized group instructed Decrypt that the DAO has had a number of conversations with workers members from the places of work of Sens. Cynthia Lummis and Kirstin Gillibrand since Might. The laws […]Read More

Bitcoin

‘Congress Must Act’ on Crypto Says US Senator Elizabeth Warren

Democratic Senator Elizabeth Warren is asking on Congress and the SEC to take a extra assertive stance with crypto, in mild of current high-profile insolvencies from lenders like Celsius, Vauld, Voyager, and BlockFi.  Warren instructed Yahoo Finance on Monday that “Congress must act, however the SEC has a accountability to make use of its authorities […]Read More

Bitcoin

Powell: Congress to Obtain Steering from Federal Reserve on CBDC

U.S. Federal Reserve Chair Jerome Powell stated Congress will finally obtain steerage from the Consumed the way it might implement a central financial institution digital forex (CBDC). Talking earlier than the U.S. Home Committee on Monetary Providers, Powell said, “I feel it’s one thing we actually must discover as a rustic,” including that the prospect […]Read More

Bitcoin

14 Members Of The US Congress Faculty EPA On Bitcoin

The Environmental Safety Company or EPA retains receiving mail. This time, 14 members of Congress supplied the counterpoint and singled out the environmental advantages of bitcoin mining. In addition they made a degree about how essential this trade is, and the harm the USA would inflict on itself by banning it. Plus, they schooled the […]Read More

Bitcoin

Members of Congress Who Have Traded Crypto Since 2020

Rep. Madison Cawthorn caught a number of flak this week for being late to reveal $950,000 value of cryptocurrency trades that included Bitcoin, Ethereum, and Solana. However he’s removed from the one particular person in Congress who’s traded crypto, and never alone in submitting his reviews late. Based on the STOCK Act, which was handed […]Read More