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Pro-crypto candidates for the U.S. Senate and House of Representatives are leading the race against anti-crypto candidates as the market goes on a bull run. According to data provided by Stand With Crypto, 226 and 14 pro-crypto candidates have been…
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Bitcoin
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How did the debate between Warren and Deaton expose deeper tensions within U.S. financial regulation, and could their opposing views on crypto play a role in shaping the Senate’s future? The classic face-off The first face-off between Democratic Senator Elizabeth…
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Senate Republicans have introduced legislation that would require the SEC chair, currently Gary Gensler, to testify before Congress twice a year. This move comes amid mounting criticism of SEC Chair Gary Gensler’s leadership and the agency’s approach to regulating the…
Follow-up
Ahead of today’s Congressional hearing on SEC oversight, Republicans urged Gensler to repeal SAB 121
Republican lawmakers have strongly requested that the U.S. Securities and Exchange Commission repeal a controversial rule for banks that deal with crypto. Yesterday, Sept. 23, a group of more than 40 members of Congress sent signed letters to the heads of…
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Bitcoin
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In an interview, Paul Grewal, Coinbase’s Chief Legal Officer, said that a shift is coming in the U.S. crypto legislative landscape. He forecasted the emergence of a “pro-crypto” Congress following the 2024 elections. Grewal discussed in a Bloomberg Crypto interview…
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Bitcoin
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Senate majority leader Chuck Schumer has set himself the goal of passing comprehensive crypto legislation by the end of 2024. Schumer made the statement at a virtual town hall meeting hosted by Crypto4Harris, a newly-formed initiative to push pro-crypto talking…
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Bitcoin
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As Senator Lummis pushes for Bitcoin to stabilize the U.S. dollar, Moe Vela warns of the risks. Read on. During the Bitcoin 2024 conference in Nashville on July 27, US Senator Cynthia Lummis proposed that the U.S. government consider Bitcoin (BTC)…
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Bitcoin
Follow-up
Senator Cynthia Lummis released a report opposing the proposed 30% energy excise tax on miners. The politician published a report entitled “Powering Down Progress: Why A Bitcoin Mining Tax Hurts America,” which examines the Administration of U.S. President Joe Biden’s…
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Bitcoin
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Biden: "Appropriate guardrails that protect consumers and investors are necessary to harness the potential benefits... of crypto-asset innovation."
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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.S. On May 22, the U.S. House of Representatives approved…
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Bitcoin
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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…
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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.
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U.S. Senators Kirsten Gillibrand and Cynthia Lummis introduced a bill to regulate stablecoins.
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18 U.S. senators, including Cynthia Lummis and Ted Cruz, actively support the cryptocurrency sector. According to the advocacy group Stand with Crypto Alliance, created with the support of the Coinbase exchange, the leader among legislators in the number of initiatives…
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Discord regarding Bitcoin and cryptocurrencies persists between U.S. lawmakers after a year of growth for global adoption and the coming of spot BTC ETFs.
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The latest U.S. defense bill has left out two crypto regulatory law proposals to cover the parameters surrounding money laundering and examining financial institutions
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