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Sen. Warren goes after Silvergate’s relationship with FTX
Elizabeth Warren and two other Republicans questioned Silvergate regarding the crypto bank’s involvement with FTX and the Bankman-Fried businesses. As NBC News wrote, Elizabeth Warren, a Massachusetts Democrat and member of the Senate Banking Committee, wants to understand the nature… дальше »
2022-12-7 23:26 | |
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Crypto Bank Silvergate Slides Further After Letter from US Sen. Warren
Senator Elizabeth Warren (D-Mass) and two GOP senators have asked crypto-friendly bank Silvergate (SI) for answers over its supposed role in facilitating transfers between bankrupt exchange FTX and its sister firm Alameda Research, NBC reported Tuesday. дальше »
2022-12-7 18:30 | |
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After Months at Arm’s Length, Sen. Brown Opens Door for Crypto Legislation
U.S. Sen. Sherrod Brown (D-Ohio), the chairman of the Senate Banking Committee, has widely been seen as the linchpin of legislation to set up oversight of the cryptocurrency industry. While his crypto suspicions have been clear in hearings, his plans for specific bills remained quiet until now. дальше »
2022-11-30 20:53 | |
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US Sen. Warren and Durbin demand answers from Bankman-Fried and his successor at FTX
Two crypto-unfriendly Democratic senators have sent a letter to the executives with a list of detailed and penetrating questions about the behavior of Bankman-Fried and his businesses. дальше »
2022-11-18 00:45 | |
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Senator Gillibrand of New York hopes stablecoin legislation will prevail
According to recent reports, Sen. Kirsten Gillibrand, one of the Senate’s most pro-crypto Democrats, said she hopes a regulatory bill will be initiated in the coming weeks. Last-Ditch stablecoin regulations to emerge this year Sen. Kirsten Gillibrand (D-NY) said that… дальше »
2022-11-17 03:00 | |
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US Sen. Gillibrand Says a Last-Ditch Stablecoin Bill May Still Emerge This Year
Sen. Kirsten Gillibrand (D-N.Y.) said the latest effort on a stablecoin regulatory bill is coming soon, and she hopes it can get some attention before Congress transitions into its new session next year. дальше »
2022-11-16 21:41 | |
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FTX-Binance standoff highlights the need for clear rules — Sen. Lummis
Market manipulation, lending activity and safeguarding of customer funds and assets are some of the many issues Senator Lummis plans to address in the coming days. дальше »
2022-11-9 12:30 | |
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Senator Toomey: Crypto is ‘sufficiently different’ from stocks or bonds
Sen. Pat Toomey (R-PA) a ranking member of the US Senate Banking Committee says Congress needs to step in on the issue of cryptocurrency regulation. Particularly, Sen. Toomey points to the US Securities and Exchange Commission (SEC), through its Chair Gary Gensler, hasn’t provided anything as much as regulatory clarity on how existing frameworks on […] The post Senator Toomey: Crypto is ‘sufficiently different’ from stocks or bonds appeared first on Invezz. дальше »
2022-9-15 18:52 | |
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Senator asks FDIC about allegations it discourages bank relations with crypto companies
Sen. Pat Toomey says he has information from whistleblowers that the FDIC, without a legal basis, is discouraging banks from dealing with companies that have crypto links. дальше »
2022-8-18 00:56 | |
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US Democratic Senators Want Crypto Guidance Revoked
In an open letter dated August 10, three Democratic Senators led by Sen. Elizabeth Warren from Massachusetts asked the acting Comptroller, Michael Hsu of the Currency, to revoke guidance allowing National banks to engage in cryptocurrency activities. дальше »
2022-8-12 23:30 | |
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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 | |
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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 | |
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Top GOP Senator Slams SEC for Ignoring Crypto Turmoil
U.S. Sen. Pat Toomey (R-Pa.) accused the Securities and Exchange Commission (SEC) of dragging its feet on instituting oversight of crypto firms as some of those companies collapsed, taking investors’ cash with them. дальше »
2022-7-28 12:00 | |
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SEC Chair Gensler: New crypto legislation could impact broader markets
A new bill introduced in the US Congress last week by Sen. Cynthia Lummis and Sen. Kirsten Gillibrand on crypto regulation is not sitting well with US Securities and Exchange Commission Chairman Gary Gensler. дальше »
2022-6-16 17:22 | |
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Florida Rep. Donalds introduces Financial Freedom Act companion bill in the House
The Republican congressman is supporting Sen. Tommy Tuberville’s Senate bill and financial services companies that want to include crypto in their 401(k) product offerings. дальше »
2022-5-21 00:25 | |
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Elizabeth Warren Echoes Labor Dept. Concerns About Fidelity’s Plan for Bitcoin in 401(k) Retirement Plans
U.S. Sen. Elizabeth Warren has joined the Department of Labor in expressing concerns about Fidelity Investment's plans to offer bitcoin in its 401(k) retirement plans. дальше »
2022-5-5 18:35 | |
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Sen. Warren asks Fidelity to address the risks to put Bitcoin in 401(k)s
U.S. Senators requested Fidelity to explain how the firm is planning to address the risks of adding Bitcoin into retirement accounts by May 18. дальше »
2022-5-5 16:01 | |
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NY Sen. Kevin Thomas Proposes To Criminalize Rug Pulls And Other Offences Relating To Crypto Frauds
New York State Senator Kevin Thomas has introduced a new amendment bill that seeks to clear the air around various types of crypto fraud in a bid to help prosecutors navigate fraud cases in crypto. The bill, Senate Bill Number S8839 seeks to amend the penal law by establishing certain offenses relating to crypto fraud. […] дальше »
2022-4-25 17:12 | |
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Silvergate Bank Loans MicroStrategy $205M With BTC as Collateral
Earlier today, Silvergate Capital Corporation announced a $205M loan from Silvergate Exchange Network (SEN) to MicroStrategy that has BTC as collateral. MacroStrategy LLC is a subsidiary of mobile technology services provider MicroStrategy. дальше »
2022-3-30 14:00 | |
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Cato Institute slams Sen. Warren’s sanctions evasion bill: “collateral damage”
Last week United States Senator Elizabeth Warren (D-MA), along with ten other democrat senators, introduced a bill to block cryptocurrency companies from conducting business with sanctioned companies, fearing cryptocurrencies might constitute a vehicle for evading sanctions against Russia in the ongoing war with Ukraine. дальше »
2022-3-25 22:00 | |
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The Unnoticed OFAC Budget Ask in Last Week's Crypto Congressional Hearing
U.S. Sen. Elizabeth Warren wants to task the Biden administration and Treasury Department with monitoring crypto transactions for fear of sanctions violations. The two Treasury agencies that would do so might already have the authority they need – but not the money. дальше »
2022-3-23 20:08 | |
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Sen. Warren Announces Sanctions Compliance Bill for Crypto Companies
The Digital Assets Sanctions Compliance Enhancement Act "would authorize the President to sanction foreign cryptocurrency firms that are doing business with sanctioned Russian entities," the Massachusetts lawmaker said. дальше »
2022-3-18 18:36 | |
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‘Shark Tank’s’ O’Leary Lobbies Congress for Sen. Lummis’ New Crypto Bill
Kevin O’Leary made himself a household name as a co-host of “Shark Tank,” where budding entrepreneurs make their pitches to a panel of investors. On March 9, it was his turn to make a case for crypto: this time before a panel of about 30 American legislators. дальше »
2022-3-15 22:40 | |
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