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US Lawmaker Brad Sherman Express Worries About FIT21 Crypto Bill’s Approach

The cryptocurrency industry has witnessed a monumental development, following a vote to pass the Financial Innovation and Technology for the 21st Century Act (FIT21) Crypto bill. However, United States Congressman Brad Sherman has voiced concerns regarding the proposed bill, which aims to establish a comprehensive regulatory framework for these digital assets. The pro-crypto bill was […] дальше »

2024-5-23 13:37


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Congressman Emmer raises concerns over Biden administration’s “information collection regime” targeting BTC miners

House Majority Whip Tom Emmer warned on Feb. 22 that government agencies under the Biden administration are beginning to collect data on Bitcoin mining firms. In a letter to the Office of Management and Budget (OMB), Emmer acknowledged that the OMB approved and expedited a request from the Energy Information Administration (EIA) that imposes a […] The post Congressman Emmer raises concerns over Biden administration’s “information collection regime” targeting BTC miners appeared first on CryptoSlate. дальше »

2024-2-23 01:00


US Congressman McHenry Praises Stablecoins, Calls Them Vital To 21st-Century Payments

In a notable move that highlights the growing acceptance and potential of stablecoins in modern payment systems, PayPal has announced the launch of its payment stablecoin PYUSD.  This development comes shortly after the House Financial Services Committee passed the Clarity for Payment Stablecoins Act, a bipartisan legislation that paves the way for regulated stablecoin issuers, […] дальше »

2023-8-8 06:00


Democratic congressman Ritchie Torres calls Gensler’s SEC ‘arbitrary and capricious’

Democratic House of Representatives member Ritchie Torres criticized the U.S. Securities and Exchange Commission (SEC) and advocated for new laws on July 28. Torres told Unchained podcast host Laura Shin: “The modus operandi of the SEC under [Chair] Gary Gensler has been regulation by enforcement … he has taken what I consider to be arbitrary […] The post Democratic congressman Ritchie Torres calls Gensler’s SEC ‘arbitrary and capricious’ appeared first on CryptoSlate. дальше »

2023-7-29 08:00


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