Crypto Enforcement Funds Under Scrutiny: Congressman Emmer Calls For Restrictions On SEC

In a recent statement, Congressman Tom Emmer, a prominent figure in the GOP and a staunch advocate for crypto, expressed his concerns regarding the actions of Securities and Exchange Commission (SEC) Chair Gary Gensler.

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Congressman pushes for limits on SEC crypto enforcement funds

GOP Congressman Tom Emmer disagrees with Gary Gensler's approach to regulation. The SEC chair is 'weaponizing taxpayer dollars,' Emmer claims.

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US Lawmaker Sponsors Bill to Restrict SEC’s Crypto Enforcement Funding

US Congressman Tom Emmer plans to introduce a bill to limit the SEC from using its funding for crypto enforcement actions. The post US Lawmaker Sponsors Bill to Restrict SEC’s Crypto Enforcement Funding appeared first on BeInCrypto.

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Rep. Tom Emmer says Gensler “abused his authority,” backs amendment to limit SEC’s crypto reach

Majority whip of the U. S. House of Representatives, Tom Emmer noted in a Sept. 9 post on X (formerly Twitter) that Securities and Exchange Commission (SEC) chief Gary Gensler has misused his authority.

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US Congressman Intends To Limit SEC’s Authority Over Crypto Space

US Congressman and popular crypto advocate Tom Emmer has stated his intentions to introduce an appropriations amendment that limits the ability of the US Securities and Exchange Commission to deploy funds on digital asset enforcement.

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Rep. Tom Emmer sponsors amendment to limit SEC’s crypto oversight

Emmer intends to introduce an appropriations amendment that will limit the SEC’s utilization of funds for digital asset enforcement until comprehensive rules and regulations are implemented.

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Rep Tom Emmer Proposes Bill To “Clear Things Up” For The Crypto Sector And Safeguard Innovation

In a bid to provide regulatory clarity and foster innovation within the US cryptocurrency and blockchain industry, Representative Tom Emmer has reintroduced the Blockchain Regulatory Certainty Act (BCRA) for consideration by the financial services committee.

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A House Bill Would Make It Harder for the SEC to Argue Crypto Tokens Are Securities

The five-page, bipartisan Securities Clarity Act by Representatives Tom Emmer and Darren Soto would significantly reduce uncertainty for both crypto investors and issuers, write Bain Capital Crypto’s Tuongvy Le and Khurram Dara.

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Bipartisan Securities Clarity Act re-introduced amid crypto regulatory challenges

A bipartisan effort led by Majority Whip Tom Emmer and Representative Darren Soto has re-introduced the Securities Clarity Act.

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Congressman Emmer: Gary Gensler is an incompetent “cop on the beat”

Tom Emmer, the US House Majority Whip and Congressman for Minnesota, says SEC Chair Gary Gensler has accomplished nothing of note towards crypto regulation and that he is an “incompetent cop on the beat.

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SEC Chair Gary Gensler is a 'bad faith regulator': U.S. Congressman Tom Emmer

U. S. Congressman Tom Emmer highlighted SEC Chair Gary Gensler's unfair approach towards crypto regulation. The lawmaker believes that Gensler regulates the crypto industry in bad faith.

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Top Republican Takes Aim at SEC Boss Over Crypto Regulation

House Majority Whip Tom Emmer slammed SEC Chairman Gary Gensler on Unchained Podcast with Laura Shin, accusing him of hindering growth of US cryptocurrency industry through 'bad faith' regulation

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Crypto Industry Receives Protection With New Blockchain Regulatory Bill

Member of the US House of Representatives and Majority Whip Tom Emmer has recently introduced a new bill to provide regulatory clarity for the blockchain and cryptocurrency industry. The bill is called the Blockchain Regulatory Act (BCRA).

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Congressman Emmer introduces bill providing ‘safe harbor’ to miners, developers and wallets

Congressman Tom Emmer and Darren Soto introduced a bipartisan bill on March 23 called the Blockchain Regulatory Certainty Act to establish more clarity for the crypto industry. The post Congressman Emmer introduces bill providing ‘safe harbor’ to miners, developers and wallets appeared first on CryptoSlate.

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Congressman Emmer attacks FDIC for ‘weaponizing’ bank closures to attack crypto

Tom Emmer, Republican Congressman for Minnesota, wrote a letter to the Chairman of the Federal Deposit Insurance Corporation (FDIC), Mark Gruenberg, on March 15 expressing his concerns about the recent closures of digital asset and tech-centered banks like Silvergate, Signature Bank, and Silicon Valley Bank.

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House Majority Whip Questions FDIC Over Crypto Banking “Purge”

Rep. Tom Emmer sent a letter sharply questioning FDIC Chairman Gruenberg following reports that federal regulators were attempting to cut off the crypto industry from the banking sector. A Lazy...

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'What Was Gary Gensler Really Doing?': Rep. Tom Emmer on FTX, the SEC and What's Next for Crypto in Congress

The so-called “Crypto King of Congress” blames over-centralization and old-fashioned fraud for FTX’s collapse (not crypto). As Congress considers new crypto legislation, can he persuade his colleagues – including the combative Elizabeth Warren – of the same?

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Rep. Tom Emmer mulls bringing back bill aimed at reducing crypto red tape

Tom Emmer is considering reintroducing a bill that removes the requirement for entities to be registered as money transmitters even if they don’t handle customer assets.

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SEC Chair Gary Gensler Criticized for Approach to Crypto Regulation by US Lawmaker

US lawmaker Tom Emmer has criticized SEC chairman Gary Gensler's approach toward crypto, describing it as "burdensome." The post SEC Chair Gary Gensler Criticized for Approach to Crypto Regulation by US Lawmaker appeared first on BeInCrypto.

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Congressman Tom Emmer “More Concerned Now” That SEC’s Crypto Strategy Isn’t Working

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SEC chair's crypto oversight strategy in question as ecosystems collapse

Congressman Tom Emmer showed concerns about the oversight strategy implemented by Gary Gensler, the chair of the U.S. Securities and Exchange Commission for the crypto ecosystem.

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Newly Elected US House Whip Emmer Downplays FTX Meltdown, Cheers Crypto

Rep. Tom Emmer, a co-chair of the congressional blockchain caucus, was chosen for a leadership role in the next Congress and is bullish on digital assets in the wake of FTX.

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Crypto 'cannot be partisan,' says US lawmaker who scored negative on bipartisanship index: Report

"This is literally about looking at America and opportunities for Americans," according to Minnesota Representative Tom Emmer.

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US Treasury's Tornado Cash Sanctions Are ‘Unprecedented’, Warns Congressman

With just 28 legislative days left this year, “it’s unlikely that any crypto legislation is going to move,” U.S. Representative Tom Emmer said on CoinDesk TV’s “First Mover” show.

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US Treasury's Tornado Cash Sanctions Are ‘Unprecedented,’ Warns Congressman

With just 28 legislative days left this year, “it’s unlikely that any crypto legislation is going to move,” U.S. Representative Tom Emmer said on CoinDesk TV’s “First Mover” show.

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Treasury Tornado Cash Sanctions Are ‘Unprecedented’, Warns US Congressman

With just 28 legislative days left this year, “it’s unlikely that any crypto legislation is going to move,” U.S. Representative Tom Emmer said on CoinDesk TV’s “First Mover” show.

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Last Week [In] Crypto: Tesla Unloads Bitcoins, Three Arrows Capital Founders Resurface, Emmer Blasts SEC

It’s been a rough week for crypto but not to worry, Be[in]Crypto has collated the leading stories creating all the buzz in the markets. The post Last Week [In] Crypto: Tesla Unloads Bitcoins, Three Arrows Capital Founders Resurface, Emmer Blasts SEC appeared first on BeInCrypto.

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US Congressman blasts SEC for non-judicial actions against crypto companies

Congressman Emmer highlighted the SEC’s politicization of regulations and called them power-hungry regulators that discourage good-faith regulations.

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SEC Conducting Extrajudicial Industry Sweeps on Crypto Sector Says Tom Emmer

The U.S. Securities and Exchange Commission (SEC) is still on the crypto warpath and has reached beyond its own jurisdiction, according to Senator Tom Emmer. The post SEC Conducting Extrajudicial Industry Sweeps on Crypto Sector Says Tom Emmer appeared first on BeInCrypto.

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Pro-Crypto Congressman Tom Emmer Slams FSOC, Proposes Radical Reform: Here's Why

"The future of crypto will be decided by the American people," Sen. Emmer (R-MN) stressed

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8 Congress Members Ask SEC for Details on Crypto Company Investigations

The bipartisan group led by Tom Emmer wants to ensure regulators do not stifle American innovation by imposing burdensome reporting requirements.

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Law Decoded: First-mover advantage in a CBDC conversation, Jan. 10–17

Strong framing move by U.S. Representative Tom Emmer and a looming threat of another crypto ban in Asia: a digest of last week's top crypto policy stories is here.

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Is a 'Bipartisan Congress' the solution for progressive crypto regulation in the U.S

Congressman Tom Emmer recently touched upon the approach of the Congressional Blockchain Caucus through the last year, reflecting on changes needed in 2022. He noted, "The Caucus's support has becomeThe post Is a 'Bipartisan Congress' the solution for progressive crypto regulation in the U.S appeared first on AMBCrypto.

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Minnesota’s Congressman Blasts Gary Gensler For Declining Much-Requested Bitcoin Spot ETF

U. S. House of Rep member puts Gary Gensler on blast over Bitcoin Spot ETF saga. The SEC chair has failed to respond and continues to reject spot-settled crypto ETFs.   Reactions that have followed Emmer’s inquiry implies that the SEC’s stance seems dubious U.

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Congressmen seek clarity from SEC chief Gensler, on yield products, stablecoins

Congressmen Warren Davidson, Tom Emmer, Ted Budd, Anthony Gonzalez, and Trey Hollingsworth have addressed a letter to the U.S. SEC Chair seeking clarity around crypto rules. The development comesThe post Congressmen seek clarity from SEC chief Gensler, on yield products, stablecoins appeared first on AMBCrypto.

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SEC’s Gensler feels the heat as Congressman Emmer lays the smackdown on crypto

U.S Representative Tom Emmer of Minnesota grilled SEC Chair Gary Gensler during a recent meeting. The post SEC’s Gensler feels the heat as Congressman Emmer lays the smackdown on crypto appeared first on CryptoSlate.

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Pro-Crypto Congressman Says Outcome Of Ripple Lawsuit Will Have Profound Implications For Whole Crypto Industry

Crypto-friendly US Congressman Tom Emmer (R-MN) recently sat down for an interview with Thinking Crypto where he shared some of his thoughts on the SEC vs. Ripple case. The Ripple Lawsuit Could Make Or Break The Crypto Industry The Minnesota Republican noted that the United States Securities and Exchange Commission’s complaint against the fintech firm […]

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US Lawmaker Pushes for Safe Harbor Legislation to Protect Crypto Investors With Forked Coins

US Congressman Tom Emmer is pushing for safe harbor legislation to protect taxpayers with forked coins. A bill entitled “Safe Harbor for Taxpayers with Forked Assets Act of 2021” has been introduced to prohibit “penalties against taxpayers attempting to report certain gains or losses on ‘forked assets’ until the IRS issues sufficient guidance on how […]

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US Congressman Creates Tax ‘Safe Harbor’ for Crypto Users

Minnesota congressman Tom Emmer has introduced the Safe Harbor bill to protect taxpayers with Forked Assets Act from Internal Revenue Service (IRS) penalties. The post US Congressman Creates Tax ‘Safe Harbor’ for Crypto Users appeared first on BeInCrypto.

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Tom Emmer: The U.S. Can Still Lead the World in Amenable Crypto Taxation

United States Congressman, Tom Emmer (MN-06), has commissioned a research report from the Law Library of Congress on February 3, 2021. The report details how cryptocurrency is taxed in various jurisdictions.

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US Lawmakers Appeal the Treasury Secretary & SEC to Not ‘Hinder American Leadership’ in Crypto Space

Four US lawmakers, Warren Davidson (R-Ohio), Tom Emmer (R-Minnesota), Scott Perry (R-Pennsylvania), and Ted Budd (R-North Carolina), sent a letter to Treasury Secretary Steve Mnuchin, “expressing our concern” about the rumored self-hosted wallet regulations.

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US Lawmakers Tell Mnuchin to Back Off From Potential Crypto Wallet Regs

Reps. Warren Davidson, Tom Emmer, Ted Budd and Scott Perry urged Steven Mnuchin to rethink his rumored self-hosted wallet regulations in an open letter Wednesday which warned such rules might "crush a nascent industry."

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LA Blockchain Summit Kicks Off Second Day Online

LA Blockchain Summit, hosted by Los Angeles-based blockchain venture studio Draper Goren Holm, kicks off its second day online. The world’s biggest crypto conference features speakers like Ripple’s Co-Founder, Chris Larsen, Anthony Pompliano of The Pomp Podcast, Binance’s Founder and CEO, CZ, Congressmen Ted Budd and Tom Emmer, the SEC Commissioner Hester Peirce, and many […] The post LA Blockchain Summit Kicks Off Second Day Online appeared first on BeInCrypto.

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Every XRP Holder Wants to Hear What This Lawmaker Has to Say About Securities Laws

U.S. lawmaker Tom Emmer wants to cement his legacy as a crypto trailblazer with the "Securities Clarity Act"

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Pro-Bitcoin Congressman, Tom Emmer, to Accept Crypto Donations Using BitPay in Reelection Bid

Congressman Tom Emmer, a rep for MN-06, announced that he would be accepting crypto donations in a recently concluded crypto town hall on August 20. This initiative made a debut as the first virtual crypto town hall with a focus on recognizing innovation and boosting adoption to include political stakeholders as well. The Minnesota Rep, […]

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US Congressman Tom Emmer Accepts Crypto Campaign Donations

U. S. Congressman Tom Emmer has decided to accept cryptocurrency to fund his re-election. This announcement comes as concerns grow regarding the U. S. dollar. Representative Emmer has been critical of the Federal Reserve’s stimulus policies.

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US Congressman Tom Emmer Will Accept Crypto Donations for Reelection Campaign

Rep. Tom Emmer of Minnesota will accept crypto donations for his campaign, facilitated through BitPay.

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Congressman Emmer aims to lead the first-ever crypto Town Hall

Tom Emmer, Minnesota’s congressman, and chairman of the National Republican Congressional Committee (NRCC) has announced that he intends to lead the first-ever crypto Town Hall. He unveiled this news through an official announcement on his campaign website on August 13.

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Congressman Tom Emmer to Lead First-Ever Crypto Town Hall

Minnesota congressman Tom Emmer will lead the first-ever cryptocurrency town hall celebrating digital asset innovators to be held virtually on Aug. 20.

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