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First Voyager payouts should begin by June 1, creditors’ committee says
Voyager’s Official Committee of Unsecured Creditors said on May 17 that a pending repayment plan will take effect in the next few weeks. Users could access funds in coming weeks The committee said that bankruptcy courts have approved Voyager’s liquidation procedures and said that the plan will take effect as early as May 19. дальше »
2023-5-18 04:05 | |
Trust Is The Biggest Hurdle for Any Potential CBDC – Bank of England Financial Policy Committee Official
According to Carolyn Wilkins, an external member of the Bank of England’s Financial Policy Committee, the three main design principles for a Central Bank Digital Currency (CBDC) are staying focused on core public policy objectives, identifying and mitigating financial stability risks and setting high standards for technology. дальше »
2023-5-17 14:16 | |
Elizabeth Warren calls crypto ‘method of choice’ for sanction evasion
Senator Elizabeth Warren testified before the Senate Armed Services Committee on May 4, where she emphasized crypto’s use in crime and sanctions evasion. Russia, North Korea’s crypto use in 2022 During her testimony, Warren said: “Cryptocurrency is now the method of choice for countries to evade sanctions so that they can fund weapons programs support […] The post Elizabeth Warren calls crypto ‘method of choice’ for sanction evasion appeared first on CryptoSlate. дальше »
2023-5-6 23:14 | |
Voyager intends to start returning customer funds in coming weeks
Voyager Digital plans to begin returning funds to creditors as part of its bankruptcy proceedings, Voyager’s unsecured creditor committee said on May 4. The Voyager Official Committee of Unsecured Creditors wrote: “Voyager is … finalizing everything internally that is necessary to make distributions to creditors. дальше »
2023-5-5 01:24 | |
Fed raises rates by 25bps; Bitcoin remains essentially flat
Quick Take The Federal Open Market Committee (FOMC) has decided to raise rates by 25 basis points, taking the Fed funds rate to 5%- 5.25%. The Fed funds rate is now in line with CPI inflation which is also at 5% The FOMC said it seeks to achieve maximum employment and inflation at the rate […] The post Fed raises rates by 25bps; Bitcoin remains essentially flat appeared first on CryptoSlate. дальше »
2023-5-4 21:08 | |
U.S. House Will Have Crypto Bill in 2 Months: Rep. McHenry
AUSTIN, Texas – The U. S. House Financial Services Committee and House Agriculture Committee will put together legislation to oversee the crypto sector in the "next two months" after holding joint public hearings starting May, said Patrick McHenry (R–N. дальше »
2023-5-1 01:32 | |
U.S. House Will Have Crypto Bill in 2 Months: McHenry
AUSTIN, Texas – The U. S. House Financial Services Committee and House Agriculture Committee will put together legislation to oversee the crypto sector in the "next two months" after holding joint public hearings starting May, said Patrick McHenry (R–N. дальше »
2023-4-29 01:32 | |
Genesis to enter mediation with creditors to continue restructuring plan
Genesis will enter mediation with its creditors in order to maintain its proposed restructuring plan, Bloomberg said on April 28. According to Genesis’ lawyer, Sean O’Neal, Genesis will engage in a 30-day mediation process with its committee of unsecured creditors. дальше »
2023-4-29 00:25 | |
Democrats Blast Draft Stablecoin Bill in First 2023 Hearing on Issue
Despite Republican House committee leaders publishing a draft bill and talking about progress, it hasn't been on the bipartisan level required for an eventual law, lawmakers said in a hearing Wednesday. дальше »
2023-4-19 17:44 | |
CFTC To Use Existing Authority To Protect Markets Till Comprehensive Digital Assets Framework is Finalized
In his testimony, on March 28, 2023, before the Subcommittee on Agriculture, Rural Development, Food and Drug Administration and Related Agencies Committee on Appropriations, at the U.S. House of Representatives, the Commodity Futures Trading Commission (CFTC) Chairman, Rostin Behnam said that the agency’s jurisdiction is limited to its fraud and manipulation enforcement authority as it […] дальше »
2023-4-1 00:32 | |
SEC chief Gary Gensler to face Congress grilling over crypto policy
The chair of the Financial Services Committee said its primary focus would be setting the groundwork for crypto regulations in the United States. дальше »
2023-3-29 13:45 | |
House Republicans directly criticize Biden administration for digital asset policies
"Because of actions taken by this Administration, the United States is at risk of pushing the digital asset ecosystem overseas," said Republican Financial Services Committee members. дальше »
2023-3-10 21:46 | |
Gensler says crypto trading, lending platforms not fit for custody; suggests adoption of new safeguarding rule
Speaking before the Investor Advisory Committee, SEC Chair Gary Gensler said current custody rules do not adequately safeguard users’ crypto assets. The post Gensler says crypto trading, lending platforms not fit for custody; suggests adoption of new safeguarding rule appeared first on CryptoSlate. дальше »
2023-3-2 20:37 | |
DAOs And NFTs Can Support Cool Japan National Strategy
Japanese Prime Minister Fumio Kishida said that DAOs and NFTs can support Japan’s ‘Cool Japan’ national strategy. Kishida was addressing the Budget Committee in Japan’s House of Representatives on February 1 when he made these remarks. дальше »
2023-2-6 15:08 | |
Top Republican on US Senate Panel Ready to Work on Crypto Rules
U.S. Sen. Tim Scott (R-S.C.), the top Republican on the Senate Banking Committee, wants to start work on a bipartisan regulatory framework for cryptocurrency on Thursday, he said in a Thursday statement. дальше »
2023-2-3 17:00 | |
Fidelity Bullish On Crypto; Files Metaverse, NFT And Trading Patents
Even though the crypto bear market remains in full swing, the fundamentals paint a different picture. While probably the biggest news came from Russia before Christmas, when the head of the Congressional Finance Committee said that the country plans to legalize international bitcoin and crypto trading in January, a lot is happening on U.S. soil […] дальше »
2022-12-27 18:00 | |
Russia to legalize crypto for international trade
Russian officials announced that the country will legalize the use of cryptocurrency for international trade in January 2023 in a move to circumvent the Western sanctions. The congressional finance committee chairman, Anatoly Aksakov, said that although bitcoin (BTC) and cryptocurrency… дальше »
2022-12-24 19:10 | |
Kevin O’Leary says Binance put FTX out of business
Shark Tank investor Kevin O’Leary said at the December 14 Senate Banking Committee on FTX’s collapse that Binance put the crypto exchange out of business. The post Kevin O’Leary says Binance put FTX out of business appeared first on CryptoSlate. дальше »
2022-12-15 20:36 | |
$1.6B FTX International Customers Group Hires Law Firm to Create Official Bankruptcy Committee
There is “irreconcilable conflict" between the interests of FTX's international customers and those of other creditor groups, said Eversheds Sutherland Partner Sarah Paul. дальше »
2022-12-14 19:24 | |
Senate Committee to Subpoena FTX's Sam Bankman-Fried If He Does Not Testify Voluntarily
The Senate Banking Committee is "prepared" to subpoena FTX founder Sam Bankman-Fried if he does not voluntarily appear at a committee hearing about the collapse of FTX, its leaders said Wednesday. дальше »
2022-12-8 03:35 | |
Senate Committee to Subpoena FTX's Sam Bankman-Fried if He Does Not Testify Voluntarily
The Senate Banking Committee is "prepared" to subpoena FTX founder Sam Bankman-Fried if he does not voluntarily appear at a committee hearing about the collapse of FTX, its leaders said Wednesday. дальше »
2022-12-9 03:35 | |
Dems and Reps join forces to pressure SBF to testify before Congress
“Your willingness to talk to the public will help the company’s customers, investors, and others,” said House Financial Services Committee chair Maxine Waters, addressing SBF. дальше »
2022-12-5 23:15 | |
Crypto could ‘crash’ the financial system, US lawmaker warns
Cryptocurrency‘s latest turmoil, coupled with what has happened in recent months, paints a picture of an ecosystem that could distabilise the global financial system, Senate Banking Committee Chair Sherrod Brown has said. дальше »
2022-11-16 00:29 | |
Voyager hasn’t transferred any assets to FTX: UCC
Voyager’s Committee of Unsecured Creditors (UCC) has said that Voyager has yet to transfer any assets to FTX. The committee tweeted that the deal to have the bankrupt crypto lender sell its assets to Sam Bankman-Fried’s FTX has not been finalised. дальше »
2022-11-11 23:14 | |
US lawmaker hints at calling for Republican votes in 2022 midterms over crypto policies
Representative Patrick McHenry said regulatory clarity for digital assets would be one of his "top priorities" if he became the next chair of the House Financial Services Committee. дальше »
2022-9-30 22:15 | |
US congressman and crypto skeptic explains why a crypto ban won’t work
Sherman said any task force or committee set up to help and protect investors wouldn’t work as long as gullible investors keep investing in memecoins. дальше »
2022-9-6 11:31 | |
US lawmakers appeal directly to 4 mining firms, requesting info on energy consumption
Four members of the U.S. House Committee on Energy and Commerce said they were “deeply concerned” that proof-of-work mining could increase demand for fossil fuels. дальше »
2022-8-19 00:32 | |
US Senate Republican Seeking Bipartisan Support for Stablecoin Effort
The top Republican on the U.S. Senate Banking Committee, Sen. Pat Toomey (R-Pa.), said he’s dealing with Democrats to make his earlier proposal on stablecoin oversight a bipartisan effort, and Chairman Sherrod Brown (D-Ohio) confirmed he’s been involved in the discussion. дальше »
2022-7-28 19:18 | |
US Senate Republican Seeking Bipartisan Support for Stablecoin Oversight Effort
The top Republican on the U.S. Senate Banking Committee, Sen. Pat Toomey (R-Pa.), said he’s dealing with Democrats to make his earlier proposal on stablecoin oversight a bipartisan effort, and Chairman Sherrod Brown (D-Ohio) confirmed he’s been involved in the discussion. дальше »
2022-7-29 19:18 | |
Selling gas and oil for Bitcoins? This Russian lawmaker thinks so
Pavel Zavalny, the head of Russia’s Committee on Energy, said earlier today that the country will enable friendly countries to pay for oil, gas, and other exports in Bitcoin. The post Selling gas and oil for Bitcoins? This Russian lawmaker thinks so appeared first on CryptoSlate. дальше »
2022-3-25 03:00 | |
Bitcoin Gains $20 Billion After Russia Mulls Accepting BTC For Natural Resource Sales
This resurgence comes after Pavel Zavalny, the chairman of the Energy Committee of the State Duma of the Russian Federation said that Russia was open to accepting Bitcoin in addition to currencies by its allies when purchasing its natural resources. дальше »
2022-3-24 21:11 | |
Shiba Inu Immersed In Uncertainties As India’s CryptoRelief Sends Back $100M In SHIB To Ethereum’s Vitalik Buterin
Ethereum founder Vitalik Buterin is getting back a portion of a SHIB donation he gave to an Indian-based relief fund in 2021. According to a Friday tweet, the Ethereum co-founder said that after deep consultations with the Indian-focused covid relief fund committee, they had agreed to release $100 million worth of Shiba Inu to him […] дальше »
2022-1-30 14:09 | |
SEC Advisory Committee member calls agency to open for public comment on crypto regulation
"This open call for comment is the only way to appropriately crowdsource this issue and appropriately develop a digital asset regulation Genesis Block," said J.W. Verret. дальше »
2022-1-20 20:50 | |
Anthony Scaramucci says he expects Mama Bear regulations for crypto
Anthony Scaramucci, the founder of SkyBridge Capital, has come out to say he expects the US to come up with Mama Bear regulations for the crypto space. He said this during an interview while discussing what he expects to come out of six crypto executives giving testimonies before the House Committee on Financial Services later […] The post Anthony Scaramucci says he expects Mama Bear regulations for crypto appeared first on Invezz. дальше »
2021-12-10 19:52 | |
Alexandria Ocasio-Cortez says US lawmakers shouldn't hold crypto to 'remain impartial'
"I want to do my job as ethically and impartially as I can," said AOC, who added that as a member of the House of Representatives’ Financial Services Committee she has chosen not to hold stocks or investments, including digital assets. дальше »
2021-12-7 19:04 | |