Fed Chair Powell: 'War Underscores Need' for Crypto Regulation

2022-3-3 18:56

“[The Ukraine-Russia conflict] underscored the need for congressional action on digital finance including crypto currency,” Fed Chair Jerome Powell said in Congressional testimony on Wednesday.

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crypto congressional → Результатов: 81


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BitPay CEO admits to the growing use of cryptocurrencies for payments

Various crypto executives appeared at a congressional hearing on Wednesday this week, and the details surrounding this hearing have elicited much reaction from the crypto community. The co-founder and CEO of BitPay, Stephen Pair, appeared in an interview with CNBC, where he expressed his thoughts regarding this meeting and what the message given by these […] The post BitPay CEO admits to the growing use of cryptocurrencies for payments appeared first on Invezz.

2021-12-11 12:59


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DeFi strategist Matt West claims the infrastructure bill can be fixed

Matt West, a DeFi strategist, and a Democratic congressional candidate believes there is still time to amend the US infrastructure bill, which President Biden signed into law on November 15. The bill passed into law without amendments to the broad provisions that could introduce stricter reporting requirements on crypto network validators and software developers.

2021-11-18 01:43


You Wouldn’t Need Crypto If You Have CBDC; ECB & Fed Selling Their Digital Fiat As Better Than Bitcoin

Federal Reserve Chairman Jerome Powell on Wednesday came out strongly supporting a digital dollar, saying it could undercut the need for cryptocurrencies and stablecoins. When asked during the congressional hearing if having a digital currency issued by the central bank would be a more viable alternative than cryptos in the payments system, Powell agreed and […] The post You Wouldn’t Need Crypto If You Have CBDC; ECB & Fed Selling Their Digital Fiat As Better Than Bitcoin first appeared on BitcoinExchangeGuide.

2021-7-15 16:35


“America on FIRE”: Congressional Crypto Hearing Focused on the Market Frenzy

Cryptocurrencies were once again the focus of the hearing of a subcommittee of the House Financial Services Committee on June 30. Right from the get-go, Congress was pretty clear on their bais with the hearing titled “America on ‘FIRE': Will the Crypto Frenzy Lead to Financial Independence and Early Retirement or Financial Ruin?” Instead of […] The post “America on FIRE”: Congressional Crypto Hearing Focused on the Market Frenzy first appeared on BitcoinExchangeGuide.

2021-7-2 20:54


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Bitcoin-Bashing U.S. Rep Sherman Calls For Outright Ban On Cryptocurrencies

United States Congressman Brad Sherman (D-CA) has urged his colleagues to consider completely shutting down cryptocurrencies, arguing that they are “highly volatile”.  Sherman: Crypto Facilitates Tax Evasion A congressional hearing hosted by the House Financial Services Oversight Subcommittee on June 30 performed an overview of the budding crypto ecosystem. Sherman observed that it would make […]

2021-7-1 21:22


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Republican Campaign Arm Accepts Crypto Assets – Attempts to Pursue ‘Every Avenue to Stop Pelosi’s Socialist Agenda’

The House Republicans’ campaign arm said on Thursday that it will be accepting cryptocurrencies using the payment processor Bitpay. The National Republican Congressional Committee (NRCC) is a lobbyist organization aimed at supporting the election of Republicans to Congress, via direct financial contributions to candidates and the Republican Party.

2021-6-18 18:30


New Congressional Bill Seeks To Exempt Small Crypto Transactions From Taxes

A Congressional bill seeking to exempt daily crypto purchases and transactions from capital gains taxation has been returned to the US Congress. The bill known as “The Virtual Currency Tax Fairness Act of 2020,” seeks to exempt digital currency expenditures that are personal transactions from capital gains taxation. Users will not be required to report […]

2020-1-17 00:18


Crypto Forensics Startup Elliptic to Urge Congress For Tougher AML Enforcement of Privacy Coins

Elliptic, a crypto analytic firm is set on recommending the US Congress demand tougher anti-money laundering (AML) rules for exchanges allowing of the trading of privacy coins. The firm is set to lay down recommendations at a US Congressional hearing that will discuss how cryptos are being utilized to facilitate human trafficking, CoinDesk reports. On […]

2020-1-16 01:44


Zuckerberg’s Congressional Testimony Includes Zero References to Crypto or Bitcoin

CEO Mark Zuckerberg will be the next Facebook executive to face a bipartisan grilling when he testifies before the US House Committee on Financial Services tomorrow. The committee published a transcript of Zuckerberg’s prepared testimony ahead of the hearing, and there was one thing noticeably absent from his statement: any reference to bitcoin, cryptocurrency, or […] The post Zuckerberg’s Congressional Testimony Includes Zero References to Crypto or Bitcoin appeared first on CCN.com

2019-10-22 20:54


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Financial Analyst: Bitcoin Futures Are A Great Buy At $8,500

Crypto analyst John Kolovos recently told Bloomberg TV that Bitcoin price will drop to $8,500 before sharply rebounding. 4-Digit Bitcoin Price Is A Steal Earlier this week Macro Risk Advisors chief technical analyst John Kolovos spoke with Bloomberg TV about Bitcoin price action and the recent Congressional and Senate hearings over Facebook’s Libra cryptocurrency.

2019-7-20 09:37