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A high-profile House hearing on crypto regulation got testy Tuesday after House Democrats, led by Rep. Maxine Waters walked out in protest over President Donald Trump’s involvement in crypto. The joint hearing — organized by the House Financial Services and…
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Ivan Soto-Wright urged Congress in an open letter to ensure fair competition between state and federal stablecoin issuers in upcoming legislation. The MoonPay CEO voiced support for preserving state regulatory authority over stablecoin issuers, urging Congress to adopt key amendments…
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New York Attorney General Letitia James has urged lawmakers in the United States to pass federal legislation on cryptocurrencies. In her letter on Thursday, April 10, Attorney General James warned that the lack of a robust federal regulatory framework for…
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U.S. legislators are pushing for more clarity on crypto, in an effort to keep the crpyto industry in the country.
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Over 30 crypto firms, led by the DeFi Education Fund, are urging Congress to address the Department of Justice’s interpretation of money transmitter laws, which they say could expose non-custodial software developers to criminal liability. In a letter sent to…
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The U.S. Senate Banking Committee has approved the Guiding and Establishing National Innovation for U.S. Stablecoins Act, moving it toward a Senate vote. Introduced by Senator Bill Hagerty, the bill seeks to establish a federal framework for stablecoin regulation. …
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Randy Guynn, a prominent U.S. banking attorney, has called for stablecoins to be subject to bank-level regulations. Speaking before the U.S. House Financial Services Committee, Guynn argued that stablecoins should offer the same level of safety as insured bank deposits…
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Bitcoin adoption knocked on the doors of the U.S. Congress as lawmakers tapped crypto’s biggest token for personal wealth.
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House Democrats are targeting President Donald Trump’s $TRUMP meme coin with new legislation aimed at preventing top U.S. officials from profiting from digital assets. Rep. Sam Liccardo plans to introduce the Modern Emoluments and Malfeasance Enforcement (MEME) Act on Thursday,…
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Coinbase is pushing Congress to pass legislation that provides regulatory clarity for the cryptocurrency industry, arguing that inaction leaves consumers vulnerable and drives innovation overseas. In a two-page statement, Coinbase Chief Policy Officer Faryar Shirzad emphasized the urgent need for…
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The U.S. House Oversight Committee has launched an investigation into alleged debanking practices targeting crypto companies. On Friday, Committee Chair James Comer sent letters to prominent crypto executives, including Coinbase CEO Brian Armstrong and Uniswap founder Hayden Adams, seeking information…
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Senator Cynthia Lummis threatened criminal referrals for FDIC staff allegedly engaged in destroying documents linked with “Operation Choke Point 2.0”.
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Several U.S. policymakers have called for clear digital asset regulations as the nation enters a pro-crypto regulatory era under President-elect Donald Trump. Despite growing global adoption and significant advancements in the past 16 years, blockchain technology and cryptocurrencies have faced…
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Congress must pass legislation that establishes a framework for regulating stablecoins, officials say.
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The outcome of the 2024 U.S. elections, which saw Republicans taking control of the White House, Senate, and Congress, could significantly reshape the regulatory landscape for cryptocurrency in the country, according to S&P analysts. According to a recent S&P Global…
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Bitcoin
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U.S. Senator Cynthia Lummis proposed a Bitcoin national strategic reserve by selling some of The Federal Reserve’s gold, rather than buying from government budget. Cynthia Lummis, a Republican Senator, plans to push President-elect Donald Trump’s masterplan for Bitcoin into reality.…
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