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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


Hostile Scrutiny of BlackRock Intensifies With Letter Alleging Breach of Fiduciary Duty

US Senators are investigating BlackRock for allegedly using individuals' assets to pressure businesses into adhering to global agreements, potentially violating its fiduciary duties to prioritize client interests The post Hostile Scrutiny of BlackRock Intensifies With Letter Alleging Breach of Fiduciary Duty appeared first on BeInCrypto. дальше »

2023-8-10 06:10


SEC Chair Gensler Seeks Fresh $109 Million Funding To Regulate Crypto ‘Wild West’

Gary Gensler, the controversial US Securities and Exchange Commission Chair, recently sounded the alarm on the uncharted territory of crypto markets. In a bold move to rein in the untamed nature of these digital financial landscapes, Gensler addressed a panel of senators, imploring them to allocate an extra $109 million for his agency’s enforcement budget.  […] дальше »

2023-7-20 12:01


US senators slam SEC’s Coinbase lawsuit, demand clearer crypto regulations

Two U. S. senators have criticized the Securities and Exchange Commission’s (SEC) lawsuit against the biggest American cryptocurrency exchange, Coinbase. On June 6, the SEC filed a lawsuit stating that Coinbase violated securities laws by operating as an unregistered broker, exchange, clearing agency, and offering unregistered securities via its Staking Program. дальше »

2023-6-7 12:36


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United States Senators Lash Out At Signature’s Executives For Blaming Bank’s Collapse On Crypto After “Reckless” Management

As investigations into Silvergate Banks ramp up, discoveries alongside the blame game from different sources come to light. At a Senate Banking Committee hearing on May 16, Scott Shay, a former executive of Silvergate Bank, gave his statement on the facts leading to the bank’s collapse. дальше »

2023-5-21 19:32