US Senate Majority Leader to speak at crypto event for Kamala Harris

Senator Chuck Schumer and 10 Democratic senators sided with Republicans to pass a resolution overturning an SEC rule on banks holding crypto, later vetoed by President Biden. дальше »

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Crypto Industry Committing $12M to Dethrone Sen. Brown in Ohio, PAC Says

Crypto interests are planning to go after Sen. Sherrod Brown (D-Ohio) in their biggest-ever single campaign, setting aside $12 million to support the Republican candidate seeking to snatch the Senate seat from the current chairman of the Senate Banking Committee, who has been highly critical of the digital assets sector and reluctant to embrace crypto legislation. дальше »

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Texas Blockchain Council endorses Ted Cruz for US Senate

The junior senator from Texas has spoken at several crypto conferences about Bitcoin mining and its potential benefits for the Lone Star State’s energy grid. дальше »

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Super PAC focuses on unseating Sen. Warren, spends $850K on John Deaton

The Commonwealth Unity Fund has disseminated more than $1 million in Massachusetts to support Republican John Deaton’s bid for the US Senate. дальше »

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Bitcoin Reserve Bill Advances in US Congress With Bipartisan Support

Bitcoin bill is currently at the introduction stage in the Senate Committee on Banking, Housing, and Urban Affairs. The post Bitcoin Reserve Bill Advances in US Congress With Bipartisan Support appeared first on BeInCrypto. дальше »

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2,200 letters flood Senate seeking support for Bitcoin Strategic Reserve

Following pro-crypto Senator Cynthia Lummis’ plea to enact a Bitcoin Strategic Reserve bill at the end of July, U. S. Senators have now received over 2,200 letters urging them to support the proposal. дальше »

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Senator Lummis introduces BITCOIN bill, but don't get excited just yet

Senator Lummis officially introduced a bill to establish a U.S. strategic BTC reserve.  The fate of the bill remains unknown, as analyst claimed low odds of passing the U.S. Senate.  US seThe post Senator Lummis introduces BITCOIN bill, but don't get excited just yet appeared first on AMBCrypto. дальше »

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Senator Lummis Formally Introduces Bitcoin Strategic Reserve Bill Seeking To Strengthen US’s Global Financial Position

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Sen. Lummis introduces Bitcoin Strategic Reserve bill in Senate

The pro-crypto Wyoming senator hopes the United States will purchase 5% of Bitcoin's total supply as a strategic reserve asset. дальше »

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Lummis unveils the BITCOIN Act to establish strategic BTC reserve for the US

Following her announcement of a historic proposal to supercharge the US dollar and pay down the national debt by establishing a strategic Bitcoin reserve, US Senator Cynthia Lummis (R-WY) officially introduced the “Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide (BITCOIN) Act” in the Senate on July 31. дальше »

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US senate hopefuls look for crypto bump at Bitcoin 2024

The panel was a referendum on Elizabeth Warren and what happens if we don’t elect the right senators

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Key U.S. Senate Republican Tim Scott Makes Crypto-Fan Debut

U.S. Sen. Tim Scott (R-S.C.), the top Republican on the Senate Banking Committee who may be in position to be its next chairman, argued at a Bitcoin 2024 appearance on Friday that the government should "make it easy" for the crypto industry to innovate in the U.S. дальше »

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Sen. Warren warns of ‘national security risks’ with foreign-owned crypto mining firms

Senator Elizabeth Warren has warned a senate committee that crypto-mining farms owned by foreign entities pose a serious risk to national security. Citing data from a “blockchain analytics farm,” the senator highlighted that “one third” of the mining facilities operating… дальше »

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U.S. House Passes Crypto Illicit Finance Bill That's Likely to be Rebuffed in Senate

The U.S. House of Representatives has approved another piece of cryptocurrency legislation with a routine voice vote, though the bill to set up a government working group to assess how to keep bad actors from using digital assets isn't likely to become a law as-is. дальше »

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Hester Peirce for SEC Chair? This U.S legislator had this to say...

Hill has long criticized Gensler's handling of crypto issues He urged the Senate to advance FIT21, with CFTC oversight for spot crypto exchanges In 2024, the cryptocurrency landscape has so The post Hester Peirce for SEC Chair? This U. дальше »

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Ripple backs Deaton with $1M donation in senate race against Warren

Ripple has the back of one its strongest supporters in his attempt to unseat powerful Senate crypto foe Elizabeth Warren.

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CFTC Chair: Illinois Court Affirms Bitcoin And Ether As Commodities, 80% Of Cryptos Are Not Securities

In a regulatory victory for the largest cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH) were officially classified as commodities during Wednesday’s Digital Commodities Senate AG hearing.  Court Backs Bitcoin And Ether’s Commodity Status According to live coverage of the hearing by Fox journalist Eleanor Terret, Rostin Behnam, Chairman of the US Commodities Futures Trading Commission (CFTC), […] дальше »

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CFTC Chair says 70-80% of cryptocurrencies are non-securities

CFTC Chair Rostin Behnam says a majority of cryptocurrencies, 70-80%, are non-securities. Behnam appeared before the  U. S. Senate Committee on Agriculture, Nutrition and Forestry’s Hearing on the Oversight of Digital Commodities on Wednesday. дальше »

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As the U.S. Commodities Regulator Urges Fast Crypto Action, Senators Still Scrambling

While Senate Agriculture Committee Chairwoman Debbie Stabenow (D-Mich.) said that her latest legislative proposal for overseeing the crypto markets is on the way to her panel's fellow members this week, the committee's top Republican said his meetings with the digital assets industry indicate that those businesses don't yet like what they're seeing. дальше »

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Senate urges DOD to explore blockchain tech for national security

Exploring blockchain for national security could enhance supply chain integrity and data security, influencing broader crypto policy and adoption. The post Senate urges DOD to explore blockchain tech for national security appeared first on Crypto Briefing. дальше »

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US House may vote to overturn Biden’s SAB 121 veto next week

While the House and Senate already voted to overturn SAB 121, it will need a two-thirds majority vote from both chambers to invalidate Biden’s veto. дальше »

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Multicoin Capital pledges up to $1m to pro-crypto Senate candidates

Multicoin Capital, one of the biggest crypto-focused investment firms in the United States, announced plans to pledge up to $1 million to support pro-crypto candidates. Multicoin plans to donate to the conservative super political action committee (PAC) Sentinel Action Fund… дальше »

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Ripple Backer John Deaton Condemns SEC Chair For Small Investor Damage

John Deaton, a prominent XRP advocate and candidate for the US Senate in Massachusetts, has once again voiced his staunch criticism of the US Securities and Exchange Commission (SEC) and its chairman, Gary Gensler. дальше »

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Ron Wyden on FISA Reform and Crypto

Sen. Ron Wyden (D-Ore. ) has been a long-standing member of the U. S. Senate, and was a sponsor or co-sponsor of several key pieces of legislation enabling broad adoption of the internet. More recently, he voted in favor of a House Resolution overturning the Securities and Exchange Commission's Staff Accounting Bulletin 121, and questioned threats to personal and financial privacy online. дальше »

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CFTC Chair Rostin Behnam tells Senate agency can handle greater crypto responsibilities

CFTC chair Rostin Behnam said the agency is capable of handling additional crypto responsibilities during a hearing before the Senate Committee on Appropriations on June 13. Behnam denied the suggestion that the CFTC would be “biting off… more than it can chew” if it gained additional crypto authority. дальше »

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Gensler confirms spot Ethereum ETFs will be approved ‘this summer’ during Senate hearing

SEC Chair Gary Gensler said the regulator expects to approve the spot Ethereum ETF applications’ S-1 registration forms “sometime over the course of this summer,” which would be the final step before the funds can launch in the US. дальше »

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Gary Gensler: Ethereum ETFs likely approved by end of summer

Spot Ethereum ETF proponents were handed a boon during a Senate hearing, as SEC Chair Gary Gensler said applications were advancing.  дальше »

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Texas wants to use bitcoin miners for grid stability as power demand soars

The Electricity Reliability Council of Texas (ERCOT) is considering integrating Bitcoin miners as Controllable Load Resources (CLRs) to enhance grid stability. During a Texas Senate Business & Commerce Committee hearing, ERCOT CEO Pablo Vegas emphasized that classifying more Bitcoin miners as CLRs would improve the reliability of the state’s power grid. дальше »

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ERCOT CEO: Texas' Power Grid Needs Larger Increase Than Expected to Handle AI, Bitcoin Mining

The Electric Reliability Council of Texas' CEO said in Senate testimony that the state's grid capacity will need to double in the next decade to handle demand, while the Lieutenant Governor of Texas says more scrutiny is coming for this industry. дальше »

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Senate Bill Could Open Crypto to U.S. Sanctions, but Industry Trying to Head It Off

A piece of legislation with heavy implications for the digital assets sector made it through the Senate Select Committee on Intelligence's funding package recently without most in the industry – and many in Congress – apparently aware of it, but industry insiders consider its chances for survival to be limited. дальше »

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Senate bill could target crypto protocols due to broad language on digital assets

This week, a bill placed on the Senate calendar introduces several provisions that could impact digital asset protocols and tokens. Although it does not explicitly ban digital asset protocols, its broad scope could allow it to become an attack vector for anti-crypto aspects of the US government. дальше »

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Why is Bitcoin stagnated despite $2B in spot ETF inflows?

Reasons for BTC's weakness include Mt. Gox coin movements, regulatory actions, and the U.S. Senate's anti-crypto lobby.

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U.S. Sen. Wyden: House 'Right' to Pursue Crypto Bill, Late in Session for More Progress

AUSTIN, Texas – Sen. Ron Wyden (D-Ore.), one of the U.S. Senate Democrats who've shown some support for crypto issues, cast doubt Friday that a legislative solution for the industry would move quickly, but he suggested to an audience at CoinDesk's Consensus 2024 that the momentum will continue next year in Washington. дальше »

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McHenry pushes for Senate approval of FIT21 crypto bill

House Financial Services Committee chair Patrick McHenry is urging the Senate to pass a crucial bill that seeks to clarify cryptocurrency regulations prior to the November presidential election in the U. дальше »

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U.S. House's Emmer Says Best Hope For Crypto Legislation Is Year-End Session

Despite the crypto industry's high-profile recent wins in Congress, major legislation faces a massive practical roadblock in the Senate, U.S. Rep. Tom Emmer (R-Minn.) acknowledged Wednesday, saying that chamber will want its own say in a big crypto bill, leaving little time in the waning congressional session. дальше »

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U.S. House's Emmer Says Best Hope for Crypto Legislation Is Year-End Session

Despite the crypto industry's high-profile recent wins in Congress, major legislation faces a massive practical roadblock in the Senate, U.S. Rep. Tom Emmer (R-Minn.) acknowledged Wednesday, saying that chamber will want its own say in a big crypto bill, leaving little time in the waning congressional session. дальше »

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Spot ETH ETFs approved, crypto bill passes US House, and more: Hodler’s Digest, May 19-25

U.S. SEC approves spot Ether ETFs, FIT21 crypto bill goes to the Senate, and Sam Bankman-Fried held in Oklahoma.

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US CBDC, FIT21 crypto bills: 'A lip service' or balanced regulation?

The US House passed the FIT21 Act to set regulatory clarity for crypto.  Next on the line is the US CBDC bill and how the US Senate handles both.  US crypto regulation has recorded signifiThe post US CBDC, FIT21 crypto bills: 'A lip service' or balanced regulation? appeared first on AMBCrypto. дальше »

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US House Gives Green Light to Crypto Bill FIT21, Now Moves to Senate

The US House passed the FIT21 bill, marking a historic step in regulating crypto markets. The bill now heads to the Senate. The post US House Gives Green Light to Crypto Bill FIT21, Now Moves to Senate appeared first on BeInCrypto. дальше »

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FIT21 bill passed by US House of Representatives

The U.S. House of Representatives approved bill FIT21 by a majority of 279 to 136, pushing it to the Senate. This initial approval of the Financial Innovation and Technology for the 21st Century Act (FIT21) could significantly impact the cryptocurrency… дальше »

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Pro-XRP Lawyer Declares ‘Corruption Era’ Amid New Evidence

Pro-XRP lawyer and Republican Party candidate for the Senate Massachusetts, John E. Deaton voiced severe criticisms of what he described as pervasive corruption within federal agencies, including the Federal Reserve (Fed). дальше »

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Warren expresses support for SEC’s controversial SAB 121 bulletin

Senator Elizabeth Warren described support for the SEC’s Staff Accounting Bulletin (SAB) 121 during a senate hearing on May 16. Warren asserted that the bulletin, which applies to companies that deal with crypto, is designed to provide accounting guidance. дальше »

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What happens if Biden vetoes Senate bid to cancel SEC’s crypto rule?

US Senate's vote to revoke SEC's crypto rule now hinges on Biden's veto, with potential major implications for the crypto sector. The post What happens if Biden vetoes Senate bid to cancel SEC’s crypto rule? appeared first on Crypto Briefing. дальше »

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U.S Senate votes to repeal SEC's crypto custody policy - SAB 121 - but...

United States' Senate voted to scrap the SEC’s SAB 121 crypto custody policy  Crypto backers supported the move, but whether the U. S president will veto it remains to be seen In a surprisThe post U. дальше »

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US Senate scraps SEC crypto policy, but Biden says he’ll veto: SAB 121 explained

Will President Joe Biden veto a Senate ruling to scrap controversial crypto regulations? SAB 121 explained. дальше »

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US lawmakers vote in favor of repealing controversial SEC accounting rules for crypto

The US Senate voted in favor of repealing the SEC’s Staff Bulletin 121 (SAB 121) on May 16. In all, 60 Senators voted in favor of HJ Res. 109, a resolution to overturn the bulletin, while 38 Senators voted against it. дальше »

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SEC’s crypto rule overturned by US Senate decision

The US Senate passes a resolution against the SEC's rule requiring banks to list digital assets, signaling bipartisan support for crypto innovation. The post SEC’s crypto rule overturned by US Senate decision appeared first on Crypto Briefing. дальше »

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Senate approves reversal of SEC crypto custody bulletin

The U.S. Senate passed a measure to overturn an SEC bulletin on crypto custody standards, and it is now awaiting President Joe Biden's expected veto. дальше »

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Michael Saylor: Senate Wants Bitcoin

The passage of a resolution to nullify the SEC's controversial SAB 121 rule has been celebrated as a major legislative victory for the cryptocurrency industry дальше »

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US Senate votes to overturn SEC rule, allowing regulated firms to hold Bitcoin

60-38 in the Senate voted in favour of overturning the SEC rule. Bipartisan support signals a potential shift in crypto regulation. Presidential veto possible. In a landmark decision, the US Senate has voted to overturn a key Securities and Exchange Commission (SEC) rule that barred regulated financial firms from holding Bitcoin and other cryptocurrencies. дальше »

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