Tags : Congressman


Regulation

SEC Crackdown on Gemini ‘Late to The Sport’: Congressman Tom

Republican lawmaker Tom Emmer has criticized the SEC’s current choice to crack down on Gemini’s ailing Earn program, calling it “late to the sport” The congressman went on to say that the watchdog’s actions shield “nobody,” and that the SEC’s method of political “regulation by way of enforcement hurts on a regular basis People.” The […]Read More

Regulation

Treasury Dodges Questions From Congressman Over Twister Money

The Treasury Division has refused to reply a Republican lawmaker’s questions concerning the blacklisting of coin mixer Twister Money.  Congressman Tom Emmer (MN-06) wrote a letter to the Division of the Treasury 5 months in the past asking plenty of questions surrounding its Twister Money ban, noting that “expertise is impartial, and the expectation of […]Read More

Blockchain

Congressman Requires Investigation Into Gensler, SEC’s Position in FTX Collapse

A Democratic congressman is looking for an unbiased investigation into the Safety and Trade Fee’s failure to forestall the historic collapse of crypto change FTX.  In a strongly worded letter despatched Tuesday, Consultant Ritchie Torres (D-NY) known as upon the Authorities Accountability Workplace (GAO)  to conduct an unbiased assessment of the SEC’s actions—or lack thereof—within […]Read More

Regulation

GOP Congressman Cawthorn Fined for Selling ‘Let’s Go Brandon’ Cryptocurrency

The USA Home Committee on Ethics slapped Republican Rep. Madison Cawthorn (R-NC) with a $15,237 wonderful for violating guidelines defending towards conflicts of curiosity by selling a cryptocurrency he had invested. The cryptocurrency he promoted is a less-known anti-Joe Biden meme coin known as “Let’s Go Brandon” (LGB). The time period “Let’s Go Brandon” is […]Read More

Litecoin

GOP Congressman Cawthorn Accused of ‘Let’s Go Brandon’ Crypto Pump-and-Dump

Briefly Watchdog teams say Madison Cawthorn might have violated insider buying and selling legal guidelines. The controversy is expounded to a short-lived “Let’s Go Brandon” coin. In his brief time in Congress, firebrand Madison Cawthorn (R-NC) has been embroiled in controversies that contain all the pieces from mendacity about his biography to abusing staffers to […]Read More

Bitcoin

A California Congressman Says Crypto Hurts Folks of Shade. Huh?

Does the federal government want to guard Black folks from crypto? Congressman Brad Sherman (D-CA) thinks so. At a Congressional listening to this week, Sherman in contrast crypto to sub-prime mortgages, and requested a Treasury Division official if “these of coloration will likely be left holding the bag if we see a collapse in cryptocurrency […]Read More

Cryptocurrency

Congressman Submits Invoice to Give Protected Harbor to Crypto Startups

Briefly Consultant Patrick McHenry (R-N.C.) has proposed new guidelines for digital tokens. If adopted, these new guidelines could permit crypto corporations to dodge securities legal guidelines. Consultant Patrick McHenry (R-NC) has proposed the Readability for Digital Tokens Act of 2021, which would offer legislative backing to SEC Commissioner Hester Pierce’s “protected harbor” method to crypto.  […]Read More