Crypto Needs Congress, But U.S. Lawmakers Have Opted for Pandemonium

Without the U.S. Congress outlining a clear system of rules, the crypto industry fears it’ll be relegated as a volatile financial backwater. But Capitol Hill is beset by drama, including a U.S. House of Representatives that fired its speaker and a budget debate that could derail the federal government.

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White House wants Congress to “step up its efforts” on crypto regulations

On Friday, the Biden administration asked Congress to expand regulators’ authority in policing the crypto industry.

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White House Calls on Congress to ‘Step Up Its Efforts’ on Crypto Regulation

Officials in the Biden administration urged Congress on Friday to expand the authority of regulators to police the crypto industry.

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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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US Risk Watchdog Asks Congress to Name Crypto Spot Market Regulator

The top U.S. financial regulators are warning of dangerous holes in the oversight of crypto and are asking Congress for more powers, including settling which agency will oversee the bulk of trading in bitcoins and other non-security tokens.

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Why U.S. Congress Won’t Pass Crypto Bills Anytime Soon

According to Jake Chervinsky, a government enforcement defense and securities litigation attorney at Kobre & Kim LLP, as of now, the U. S. Congress will not be passing a crypto bill in the foreseeable future.

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US Fed Reserve Chair Bashes Crypto’s Money Properties, Says “Not Really a Currency”

Jerome Powell Claims Bitcoin is Not a Real Currency and Has No Intrinsic Value The head of the United States Federal Reserve issued a warning to Congress earlier today regarding cryptocurrencies. Federal Reserve chair Jerome Powell, who took the position in February, said on Capitol Hill that bitcoin and other cryptocurrencies are dangerous to “unsophisticated […]

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A Basic Guide to the Digital Age: Breaking Down Congress’ Crypto Hearing

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Experts School Congressional Members on Crypto Space’s Nuances

U.S. Congress continues to show eagerness in learning more about cryptos.

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Expert Before Congress: Fed Crypto a Bad Idea, Remove Capital Gains Tax

A Heritage Foundation expert warns the US Congress against Fed-issued digital currencies; argues for the removal of capital gains tax on cryptocurrencies.

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Fed Governor’s Crypto Testimony Reveals US Central Bank Has No Plans For Regulation

Jerome Powell, chairman of the U. S. Federal Reserve, raised concerns about cryptocurrencies on Wednesday, saying they present serious risks to investors. During his testimony before the House Committee on Financial Services,Powell was asked for his opinion on cryptocurrencies and he had few kind words for the sector.

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The CFTC warns Congress of the Gest Crypto Rules in the Congress’s tone

The latest Congressional Hearing had academic, engineering and entrepreneurial experts discussing how digital currencies should be dealt amid the existing need of innovation and education in this space.

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Congressman Brad Sherman Asks Cryptonian to Stop Exposing His Hypocrisy

A career politician who has been elected to congress for the past 21 years, made his way once more to a crypto hearing to tell the public that bitcoin should... The post Congressman Brad Sherman Asks Cryptonian to Stop Exposing His Hypocrisy appeared first on Trustnodes.

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US Fed Chairman Maintains Cryptos Don’t Have Intrinsic Value

On Wednesday morning, the U. S. Congress held a hearing regarding cryptocurrencies, hearing mixed opinions from regulators and representatives of the U. S. government. Federal Reserve Chairman: Cryptos Aren’t A Store of Value Or A Payment Tool Jerome Powell, the chairman of the U.

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CFTC Warns The Congress For Hasty Crypto Rules During Congressional Hearing

The latest Congressional Hearing had academic, engineering and entrepreneurial experts discussing how digital currencies should be dealt amid the existing need of innovation and education in this space.

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Senate Candidate Austin Petersen Is Bitcoin’s Best line of Defense in Congress

With Missouri’s GOP primary electoral process less than a month from now, Austin Peterson continues his support for cryptocurrencies and seems to be using it as a political weapon. A Candidate Who Understands Crypto Peterson, who ran for president in 2016 as a Libertarian, has long been a Bitcoin advocate.

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Official to Congress: Don’t Be ‘Nasty’ With Crypto Laws

Alongside Gorfine were former JPMorgan blockchain lead Amber Baldet, former CFTC chair Gary Gensler and A16Z managing partner Scott Kupor. Gorfine framed his remarks from the perspective that many different things can be considered “commodities” – but not all of them would warrant attention from U.

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CFTC Official to Congress: Don't Be 'Hasty' With Crypto Rules

LabCFTC director Daniel Gorfine advocated for thoughtful regulation of the cryptocurrency space in Congressional testimony Wednesday.

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What to Expect When Congress Talks Crypto (Twice) Tomorrow

Two Congressional committee hearings will examine whether crypto is the future of money, as well as what sort of regulation the space may need.

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US Congress and House Agriculture Committee to Host Crypto Hearings This Week

US Congress To Hold Two Contrasting Hearings on Cryptocurrencies This week, the US Congress will be busy debating on the contentious issue of digital currencies, as tow hearings have already been scheduled.

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Congress Is Now Holding Two Crypto Hearings This Wednesday

Congress is set to hold not one but two separate hearings related to cryptocurrencies on Wednesday.

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Of Manifestos and Moscow: Decenturion Holds First Congress

A project looking to use blockchain technology to create a sovereign state held its inaugural congressional meeting on Monday. 1,500 people participated in the first Russian Congress of Decenturion.

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The Great Lesson Of Cryptocurrency

One of the great lessons of cryptocurrencies is that we need to take better care of ourselves, whether we’re talking about our finances or our personal information. In the US, considering that Congress is essentially selling out our internet privacy to corporations, it is incumbent upon us to take a greater role in protecting our own privacy.

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Andreas Antonopoulos Talks Blockchain Benefits For Commerce & Use Cases

The crypto and blockchain expert Andreas Antonopoulos says that it is not important if big institutions or companies embrace blockchain. Instead, he urges consumers to adopt the technology themselves.

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US House Unanimously Passes Bill to Help Fight Illicit Use of Cryptocurrencies

The U. S. House of Representatives has unanimously passed a bill to help prevent the illicit use of cryptocurrencies, including bitcoin, dash, zcash, and monero. This bill follows a testimony by the Secret Service asking Congress for help stopping these activities.

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Congressional hearing speakers warn of crypto useage in foreign political meddling

Witnesses in the U. S. Congress voiced their concerns about the potential for using cryptocurrencies to make illegal campaign donations during a hearing of the Subcommittee on Crime and Terrorism held today, June 26.

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Congress Advances Bill to Study Crypto Use in Drug, Sex Trafficking

Lawmakers in the House of Representatives have passed a bill that would approve a study of the use of cryptocurrencies in the sex and drug trades.

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US Secret Service Asks Congress for Help to Prevent Illicit Use of Privacy Coins

The US Secret Service is worried about the illicit use of cryptocurrencies. A high-ranking official of the agency has urged Congress to consider additional legislation to address anonymity-enhanced cryptocurrencies and services intended to obscure transactions on blockchains such as tumblers or mixers.

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US: Crypto Holdings over $1,000; Congress Must Disclose

The Ethics Committee of the U. S. House of Representatives has issued a memorandum requiring all House Members to disclose their cryptocurrency holdings worth over $1,000, Bloomberg reported yesterday, June 20.

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US: Members of Congress Must Disclose Crypto Holdings Above $1,000

The Ethics Committee of the U.S. House of Representatives has issued a memo requiring all House Members to disclose crypto holdings worth over $1,000

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US Congressional Members Ordered to Disclose Crypto Holdings

The House Ethics Committee has informed all US Congress members that they must disclose any investment worth more than $1,000 as of June, 18. All lawmakers on Capitol Hill make an annual financial disclosure but a new memo has informed them that any cryptocurrency purchase or sale that exceeds $1,000 must be reported within 45.

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Politicians Now Responsible for Disclosing Crypto Investments Over $1,000, House Rules

Members of the House of Representatives, the lower chamber of the U. S. Congress, must begin disclosing cryptocurrency investments that exceed $1,000. The guidance was laid out in a June 18 memo drafted by the House Ethics Committee.

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House Rules Politicians Must Disclose Crypto Investments Above $1K

Members of the House of Representatives, the lower chamber of the U.S. Congress, must begin disclosing cryptocurrency investments that exceed $1,000.

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Congress Inches Toward Legislating Crypto Space; Starts With Cryptos and Sex Trafficking

A Congressional member is introducing legislation calling for a study to be conducted about cryptos and sex and drug trafficking.

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Bill introduced in US Congress to help study crypto and how it relates to sex trafficking.

The US House of Representatives Financial Services Committee has proposed a bill today that would initiate a study on how cryptocurrencies are used in sex trafficking. The “Fight Illicit Networks and Detect Trafficking” or the “FIND Trafficking Act” was prepared by Representative Juan Vargas and was supposed to be introduced on June 12. Members of

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Proposed Bill in US Congress Would Commission Study of Crypto in Sex Trafficking

The US Congress has proposed a bill which, if passed and signed in law, would launch a study of crypto usage in the area of sex and drugs trafficking

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Congressional Charge Calls for Think about of Crypto Utilize in Sex Trafficking

Congress is set to consider yet another proposed mandate for a cryptocurrency study, this time in the area of sex trafficking. Congressman Juan Vargas penned the Fight Illicit Network and Detect (FIND) Trafficking Act in order to “improve the efforts of Federal agencies to impede the use of virtual currencies and online marketplaces in facilitating

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