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Ban Crypto? Why Senate Banking Chief Suggests SEC And CFTC Should Do So
Crypto is at the crosshair of a U.S. lawmaker – and it’s not surprising. Sen. Sherrod Brown, Chairman of United States Banking, Housing, and Urban Affairs Committee, suggested on December 18 that federal agencies including the Commodity Futures Trading Commission (CFTC) and Securities and Exchange Commission (SEC) should perhaps consider the idea of banning crypto […] дальше »
2022-12-19 19:08 | |
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European Parliament Committee approves MiCA crypto framework
The European Parliament Committee on Economic and Monetary Affairs (ECON) on 10 October approved the Markets in Crypto-Assets (MiCA) framework. It was only in the last week that the European Council aThe post European Parliament Committee approves MiCA crypto framework appeared first on AMBCrypto. дальше »
2022-10-11 14:15 | |
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European Council passes landmark Markets in Crypto-Assets (MiCA) regulation
The European Council has made major strides towards crypto regulation by approving the landmark European Union’s Markets in Crypto-Assets (MiCA) regulation today. The MiCA regulation will now proceed to the European Parliament for a vote by the European Parliament’s economic affairs committee next week after which if approved will become operational earliest at the start […] The post European Council passes landmark Markets in Crypto-Assets (MiCA) regulation appeared first on Invezz. дальше »
2022-10-6 16:58 | |
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Apple And Google Under U.S. Senate Scrutiny For Crypto App Fraud
Following a Federal Bureau of Investigation (FBI) warning on crypto-related fraud, a member of the U.S. Senate has questioned two of the biggest companies in the world, Apple and Google. Senator Sherrod Brown (D), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, sent a letter to the CEOs of these companies. […] дальше »
2022-7-30 18:27 | |
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South Korean Politician Demands Parliament To Investigate TerraUSD’s Collapse
The “People Power Party” representative, a South Korean politician Yoon Chang-Hyeon called a parliamentary hearing on TerraUSD (UST) due to its sudden collapse last week. According to a report from South Korean Newschannel “Newspim” on Tuesday, May 17, at a plenary meeting of the National Assembly’s Political Affairs Committee, Yoon Chang-Hyeon stated; We should bring […] дальше »
2022-5-19 23:00 | |
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Assessing EU's proposed clampdown on crypto trading among non-custodial wallets
The Committee on Economic and Monetary Affairs of the European Parliament is set to hold a session on 31 March, 2022. It is heading to put regulatory clauses on crypto trade with non-custodial walletsThe post Assessing EU's proposed clampdown on crypto trading among non-custodial wallets appeared first on AMBCrypto. дальше »
2022-3-29 18:00 | |
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Why The European Union Voted Against A De Facto Bitcoin Mining Ban
The European Union voted against a de-facto Bitcoin mining ban. In a major event for the entire crypto industry, the coalition’s European Parliament’s Committee on Economic and Monetary Affairs (ECON) rejected a proposal that would have prohibited Proof-of-Work to make crypto assets meet a “minimum environmental sustainability”. дальше »
2022-3-15 21:00 | |
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Russia-Ukraine Crisis Puts Crypto Into Test About What Good It Can Serve
The European Parliament's Committee on Economic and Monetary Affairs (ECON) on Monday has voted against the de-facto proof-of-work ban: 32 against, 24 in favor. дальше »
2022-3-15 18:28 | |
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Senator Warren calls DeFi the most dangerous space in crypto
Senator Elizabeth Warren in her recent submission to the US Senate Banking, Housing, and Urban Affairs Committee has urged regulators to place a lid on the burgeoning DeFi sector by paying more attention to stablecoins. дальше »
2021-12-17 00:00 | |
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SEC Chair, Gary Gensler, Calls for Crypto Exchanges to Register with the Commission
In his prepared remarks for the Senate Committee on Banking, Housing, and Urban Affairs hearing, Gary Gensler is focusing on “large parts” of the crypto market — finance, issuance, trading, and lending — not operating within the regulatory frameworks. дальше »
2021-9-14 15:56 | |
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SEC Chair Says $2.2T Crypto Industry Is At A Level That It Must Be Within A “Public Policy Framework”
According to Gary Gensler, who is set to testify before the European Parliament’s Committee on Economic and Monetary Affairs on Wednesday regarding crypto, DeFi isn’t really a new concept. It has “a fair amount of centralization” as such regulators can exercise authority over these decentralized platforms. дальше »
2021-9-1 16:37 | |
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Australian Senate Committee: Blockchain Could Curb Imports of Forced Labor Goods
Blockchain technology was recommended to curb the import of forced-labor goods in a report from the Australian Senate Foreign Affairs, Defence, and Trade Committee. The post Australian Senate Committee: Blockchain Could Curb Imports of Forced Labor Goods appeared first on BeInCrypto. дальше »
2021-6-18 15:11 | |
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Bitcoin HODLer and Advocate Sen. Lummis Assigned to Senate Banking Committee
Cynthia Lummis, the Bitcoin community’s favorite senator, has been appointed to serve on the Senate Banking, Housing & Urban Affairs and Senate Commerce, as announced by the senator herself in a tweet yesterday. дальше »
2021-2-6 02:00 | |
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Central Bank Digital Currency Touted as Solution to US Economic Overhaul
Talk of a US central bank digital currency (CBDC) dominated proceedings, as the US Senate Committee on Banking, Housing, and Urban Affairs conducted a virtual meeting yesterday. The near two-hour-long hearing titled “The Digitization of Money and Payments” discussed competing with China’s CBDC offering, financial inclusion, and modernizing the current US economic model. Taking the […] дальше »
2020-7-1 15:13 | |
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Louisiana Senate Proposes Virtual Currency Businesses Act; Crypto Companies Would Need to Register
A virtual currency business licensing bill (HB701) sponsored by state Rep. Mark Wright was cleared unanimously by the state House of Representatives and now has been forwarded to the Senate Committee on Commerce, International Affairs, and Consumer Protection. дальше »
2020-5-24 19:22 | |
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European Parliament releases study proposing new approaches for dealing with crypto gray areas
A recent report titled “Crypto-Assets - key developments, regulatory concerns and responses” scrutinizes crypto-assets from a legal perspective, and was requested by the European Parliament's Committee on Economic and Monetary Affairs. дальше »
2020-4-16 21:00 | |
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US Senate Floats ‘Digital Dollar’ Bill After House Scrubs Term From Coronavirus Relief Plan
A draft bill posted Tuesday to the U.S. Senate Committee on Banking, Housing and Urban Affairs defines a "digital dollar" and details how it might be maintained. дальше »
2020-3-25 18:59 | |
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FBI Says Bitcoin Concern Is Getting ‘Bigger and Bigger’
In a recent U. S. Senate Committee on Homeland Security And Governmental Affairs hearing, Senator Mitt Romney expressed concerns about Bitcoin’s potential as a threat to national security. Federal Bureau of Investigation (FBI) Director Christopher Wray replied that cryptocurrency is a concern that’s “going to become a bigger and bigger one. дальше »
2019-11-8 21:35 | |
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Cryptocurrency Considered a ‘Significant Problem’ by US Homeland Security
Recently, at a hearing of the US Senate Committee On Homeland Security And Governmental Affairs, US Senator Mitt Romney (R-UT) brought up concerns over cryptocurrencies and whether they threaten Homeland Security. дальше »
2019-11-7 06:18 | |
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Ripple Adds Ex-BoA and Blockchain Exec as Head of Regulatory Affairs, MoneyGram Upset With XRP’s Pace?
Ripple onboards Benjamin Melnicki, former Bank of America Executive, to serve as the firm’s Head of Regulatory Affairs reports U Today. Melnicki will be tasked with communicating with the U. S. Securities and Exchange Committee on the firm’s behalf. дальше »
2019-10-28 21:12 | |
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Incoming ECB President Advocates 'Open' Crypto Regulations
Christine Lagarde, the chairman of the International Monetary Fund (IMF) and presidential nominee for the European Central Bank (ECB), has urged regulators to remain “open” to the opportunities presented by distributed ledger technology when developing crypto regulations. дальше »
2019-9-10 03:30 | |
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US Senator: Even If We Wanted To, We Couldn’t Ban Bitcoin
U. S. Senator Mike Crapo (R-Idaho) admitted that it would be difficult or impossible to ban bitcoin in the United States. The Senator offered a number of positive comments on bitcoin as he chaired the Senate Committee on Banking, Housing and Urban Affairs cryptocurrency hearing yesterday. дальше »
2019-7-31 15:04 | |
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Senate Committee Hearing Takes On Blockchain Tech
During today's congressional hearing with the Senate Committee on Banking, Housing, and Urban Affairs, committee members met with a panel of experts, including Circle CEO Jeremy Allaire, and expressed some doubts about blockchain and cryptocurrency. дальше »
2019-7-31 23:39 | |
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Key Takeaways from U.S. Senate’s Latest Crypto Inquisition
Earlier today, the United States Senate Committee on Banking, Housing, and Urban Affairs held a full committee hearing entitled “Examining Regulatory Frameworks for Digital Currencies and Blockchain” to discuss the viability of existing policies and regulations governing the U. дальше »
2019-7-30 22:27 | |
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Crypto Doesn’t Better the Lack of Financial Inclusivity in the U.S. Reports Lawyer
University of California Irvine School of Law’s law professor and practicing lawyer, Mehrsa Baradaran supposedly presented her arguments as to why cryptocurrencies aren’t the solution to the flaws associated with the financial system to the United States Senate Committee on Banking, Housing and Community Affairs. дальше »
2019-7-30 21:47 | |
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ICYMI: Circle CEO Urges Senators to Create a National Framework for Digital Assets
Coming a few weeks after the Senate grilled Facebook about their crypto project, Libra, Circle CEO Jeremy Allaire was the lone crypto-industry representative on Tuesday to testify before the Senate Committee on Banking, Housing, and Urban Affairs about the industry's need for regulatory clarity. Mr. Allaire urged Congress to adopt дальше »
2019-7-30 20:57 | |
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Why Banning Cryptocurrency Means Nothing for Crypto, but Everything for India
Recently, a committee studying the effects of cryptocurrency and distributed ledgers in India recommended an outright ban on all cryptocurrencies. The committee was headed by the Secretary of Economic Affairs, Subhash Chandra Garg. дальше »
2019-7-27 11:00 | |
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India’s Crypto Dial Leaned Regulation Before Central Bank’s ‘Ban’ Shove
India – that has proposed a total ban on crypto yesterday – had planned to regulate digital currencies at first but the Reserve Bank of India (RBI) has forced the inter-ministerial cryptocurrency committee to prohibit the digital assets. дальше »
2019-7-27 13:13 | |
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U.S. Regulators Set to Examine Regulatory Frameworks for Cryptos and Blockchain
According to the United States Senate Committee on Banking, Housing, and Urban Affairs, July 24, 2019, the Senate will conduct a full committee hearing which will solely focus on “Examining Regulatory Frameworks for Digital Currencies and Blockchain. дальше »
2019-7-25 13:00 | |
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RBI Forced Inter-ministerial Panel to Propose Ban on Bitcoin: Report
The central government initially wanted to regulate the bitcoin sector but changed its stand due to objection from the Reserve Bank of India (RBI), reports Business Standard. The Indian daily claimed that Economic Affairs Secretary Subhash Chandra Garg, who was heading the interministerial committee to study cryptocurrencies, favored regulating them. дальше »
2019-7-23 16:00 | |
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Bitcoin Skyrockets Above $10,500, Is A Drop Below $8k Still Feasible?
With the recent price losses that have seen Bitcoin fall below $10k, it is only fair that people begin to ask if $8k is another price level for the cryptocurrency to test. Well, given the animosity from the United States Senate Committee on Banking, Housing, and Urban Affairs and more recently the Secretary of the […] The post Bitcoin Skyrockets Above $10,500, Is A Drop Below $8k Still Feasible? appeared first on ZyCrypto. дальше »
2019-7-18 19:45 | |
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The United States’ Distrust in Facebook Libra Is Spilling Into Crypto
Today, the United States Senate Committee on Banking, Housing, and Urban Affairs held an open session to conduct a hearing on Facebook’s Libra – a hot button topic across the crypto industry and financial space currently. дальше »
2019-7-17 23:00 | |
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Watch: Facebook’s Crypto Chief Suffers Brutal Senate Backlash
The US Senate Committee on Banking, Housing, and Urban Affairs held a hearing on Facebook’s Libra project this morning, with Facebook crypto chief David Marcus in the hot seat. After a lengthy introduction by Idaho Senator Mike Crapo in which he called Facebook’s aims “commendable,” the committee discussed the potential ramifications of Facebook banking services. дальше »
2019-7-17 20:20 | |
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Facebook’s David Marcus vs. Senate: Key Takeaways from the Battle for Libra
Coinspeaker Facebook’s David Marcus vs. Senate: Key Takeaways from the Battle for LibraFacebook crypto chief David Marcus testified before the Senate Committee on Banking, Housing, and Urban Affairs during a hearing examining Facebook's proposed digital currency Libra and data privacy considerations. дальше »
2019-7-17 18:22 | |
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Watch Facebook’s David Marcus Testify Before the Senate Banking Committee on Libra
Coinspeaker Watch Facebook’s David Marcus Testify Before the Senate Banking Committee on LibraFacebook crypto chief David Marcus testifies before the Senate Committee on Banking, Housing, and Urban Affairs during a hearing examining Facebook's proposed digital currency Libra and data privacy considerations. дальше »
2019-7-16 18:22 | |
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The Advancements Being Made When the US Senate Banking Committee Demands Facebook Crypto Transparency
For some weeks information about Facebook-based crypto has been flying around. The cryptosphere is not the only one asking questions about this coin as the U. S. Senate banking committee has also gotten interested. дальше »
2019-5-12 22:19 | |
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EU proposal requires platforms to delete ‘terrorist content’ in 1 hour or face fines
Just 12 days after voting ‘yes’ on the controversial Copyright Reform, the EU is discussing new regulation that might further hurt smaller platforms. The EU Parliament’s Committee on Civil Liberties, Justice, and Home Affairs (LIBE) will vote today, April 8, on implementing a one-hour deadline for any platform to delete terrorist content. дальше »
2019-4-8 15:40 | |
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As Court Reconvenes for QuadrigaCX, Questions Surround Empty Cold Wallets
As QuadrigaCX’s legal counsel descends on the courtroom in Halifax, Nova Scotia, for another round of legal proceedings, the court monitor’s third report on QuadrigaCX’s finances — specifically its revelation that the exchange’s cold wallets are empty — lays out some hopeful avenues for fund recovery — and some frustrating dead ends. дальше »
2019-3-5 20:20 | |
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India May Legalize Bitcoin Under “Strong” Rules
India could be making a U-turn on its directives for cryptocurrencies. Per reports from the New India Express, a second interdisciplinary committee set up by the Indian government is considering making cryptocurrencies legal in the country again but with more stringent rules. дальше »
2018-12-28 02:16 | |
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Taiwanese legislator proposes to create a new business category for crypto startups
On October 26, Taiwanese legislator Jason Hsu published a list of policy recommendations aimed at aiding cryptocurrency startups, including one that would see the Ministry of Economic Affairs (MOEA) create a new business category, as well as a new legal framework for security tokens. дальше »
2018-10-29 09:54 | |
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Indian government may recognize holding of unregulated cryptocurrencies as illegal
A report which is being prepared by a committee headed by India’s Economic Affairs Secretary, Subhash Chandra Garg, may propose amendments to the existing laws with a view of making it illegal to hold crypto assets that are not approved by the government. дальше »
2018-10-22 10:18 | |
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Roubini Faces Off With Coin Center’s Van Valkenburgh at Senate Hearing
Nouriel Roubini, an economist best known for his predictions of the 2008 housing bubble, and Peter Van Valkenburgh, Coin Center’s director of research, testified before the U. дальше »
2018-10-12 18:06 | |
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Nouriel Roubini Fails to Disclose Conflict of Interest to the Senate
Nouriel Roubini failed to disclose his conflict of interest in a crypto testimony before the U.S. Senate Committee on Banking, Housing and Urban Affairs where he presented himself as just... The post Nouriel Roubini Fails to Disclose Conflict of Interest to the Senate appeared first on Trustnodes. дальше »
2018-10-12 15:42 | |
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Nouriel Roubini Tries to Attack Bitcoin by Saying Fees Cost $55, Fails
Global economist Nouriel Roubini expressed his rage against Bitcoin and blockchain while displaying his profound lack of understanding in the field. A Political Rap against Crypto Roubini was present at an informational hearing round “Exploring the Cryptocurrency and Blockchain Ecosystem” organized by the US Senate Committee on Banking, Housing, and Urban Affairs, alongside Peter Van. дальше »
2018-10-12 10:38 | |
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