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US Congressman Urges To Ban CBDC, Says Technology “Corrupts Money”

Central bank digital currency has gained another top critic as the US Federal Reserve, under Jerome H. Powell’s chairmanship, considers potential CBDC designs.  In a July 23 tweet, Republican representative Warren Davidson condemned any potential move to launch a CBDC, noting that a digital currency flaws the ethos of money. Davidson urged Congress to ban and […] дальше »

2023-7-24 15:00


US lawmakers call on DOJ, SEC to investigate Prometheum, citing suspicions of “false testimony” and securities law violations

U. S. Senator Tommy Tuberville of (R-AL) and Members of Congress Ralph Norman (R-SC), Barry Loudermilk (R-GA), Byron Donalds (R-FL), and Mark Alford (R-MO) Blaine Luetkemeyer have co-signed a letter calling on Attorney General Merrick Garland and the Securities and Exchange Commission (SEC) Chair Gary Gensler to investigate Prometheum, Inc. дальше »

2023-7-11 21:20


Circle CEO praises US stablecoin bill in remarks prepared for House committee hearing

Circle CEO Jeremy Allaire published a June 12 blog post featuring testimony that he plans to present to Congress regarding draft stablecoin regulation. Allaire urges for pro-U.S. stablecoin rules Allaire said in his prepared remarks: “The stablecoin bill is a crucial piece of legislation that should be the first step in creating a regulatory framework […] The post Circle CEO praises US stablecoin bill in remarks prepared for House committee hearing appeared first on CryptoSlate. дальше »

2023-6-13 01:07


Coinbase CEO says crypto industry needs clarity, either from Congress or case law

The U.S. crypto industry needs regulatory clarity, which can only come from Congress or through case law, Coinbase CEO Brian Armstrong told The Wall Street Journal. Armstrong said there’s an ongoing power struggle between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) and Coinbase has been “caught in the middle” […] The post Coinbase CEO says crypto industry needs clarity, either from Congress or case law appeared first on CryptoSlate. дальше »

2023-6-12 18:53