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SEC Chief Gary Gensler Misled Congress On Ethereum, Says Crypto-Friendly Rep. Patrick McHenry

Rep. Patrick McHenry, a staunch advocate for the crypto industry, joined the escalating warfare between U. S. financial regulators and the cryptocurrency sector on April 30, accusing Securities and Exchange Commission (SEC) Chairman Gary Gensler of having “knowingly misled Congress” on the commission’s position on Ethereum. дальше »

2024-5-6 23:47


House's McHenry Accuses SEC Chief Gensler of Misleading Congress on Ethereum

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has been accused of misleading Congress by Rep. Patrick McHenry, the chairman of the House Financial Services Committee, who said Gensler's agency already knew it considered Ethereum's ether a security before he attended a hearing and declined to answer that question. дальше »

2024-5-1 00:40


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McHenry slams Gensler for misleading Congress about Ethereum’s classification

House Financial Services Committee Chairman Patrick McHenry has accused SEC Chair Gary Gensler of misleading Congress concerning the classification of Ethereum during his testimony in April 2023. The accusation comes amid escalating tensions over the regulatory approach to digital assets in recent months, with some industry participants filing lawsuits against the watchdog for overstepping its […] The post McHenry slams Gensler for misleading Congress about Ethereum’s classification appeared first on CryptoSlate. дальше »

2024-4-30 21:39


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AI’s Brave New World: Whatever happened to security? Privacy?

The following is a guest post from John deVadoss, Governing Board of the Global Blockchain Business Council in Geneva and co-founder of the InterWork Alliance in Washington, DC. Last week, I had the opportunity in Washington, DC to present and discuss the implications of AI relating to Security with some members of Congress and their […] The post AI’s Brave New World: Whatever happened to security? Privacy? appeared first on CryptoSlate. дальше »

2024-3-31 03:48


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CFTC chair urges Congress to issue legislation for crypto regulations

CFTC chair Rostin Behnam told Congress there is an urgent need for legislation that can provide regulatory clarity for the crypto industry to ensure investors are appropriately protected. Behnam made the statement during his testimony before the House Agriculture Committee on March 6 that primarily focused on the C FTC’s fiscal year 2025 budget request. дальше »

2024-3-6 21:58


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Tether CEO implies Circle director misled Congress in ‘desperation’ attack on USDT

Stablecoin issuers Tether told CryptoSlate in a Feb. 16 statement that it is actively averting the misuse of stablecoin technology by working with global law enforcement agencies. The remarks followed comments by Caroline Hill, Senior Director of Global Policy and Regulatory Strategy at Circle, during a House Financial Services Committee hearing titled ‘Crypto Crime in […] The post Tether CEO implies Circle director misled Congress in ‘desperation’ attack on USDT appeared first on CryptoSlate. дальше »

2024-2-17 17:59


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Argentine Government drops tax opportunities for crypto from the Omnibus Bill

The Argentine government has made a pivotal decision regarding the treatment of cryptocurrencies in the country’s legislative landscape. In a significant development, the government has opted to remove provisions related to crypto assets from the omnibus bill presented to Congress, sparking debates on the future of digital currencies in Argentina. The omnibus bill, titled “Law […] дальше »

2024-1-31 13:10


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United States edges closer to anti-crypto law as banks and senators side against cryptocurrencies

On December 6th, the United States Congress held its 2023 ‘Annual Oversight of Wall Street Firms’ hearing in Washington D.C. At it, senators heard from the biggest names in American banking: JPMorgan CEO Jamie Dimon, Citigroup CEO Jane Fraser, Bank of America CEO Brian Thomas Moynihan, Wells Fargo president Charles Scharf, BNY Mellon CEO Robin […] дальше »

2023-12-8 15:01


Crypto Miners Lobby U.S. Lawmakers to Counter Environmental 'Misunderstanding'

When crypto mining is discussed in the U.S. Congress, it's often tied to claims that mining operations are environmental parasites, sapping finite energy resources. But representatives of that sector flooded offices on Capitol Hill this week to argue their businesses can help stabilize the power grid, tie into renewable resources and foster domestic technology. дальше »

2023-10-28 18:51