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Individuals, on the other hand, may be better able to take advantage of crypto. Even here, however, it seems unlikely there will be any crypto-for-sanctions-evasion at scale. Several Treasury officials, on the record, have said they’re not concerned about this issue. Source
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Jerome Powell is facing questions from lawmakers on Wednesday and Thursday for his semiannual monetary policy update to U.S. lawmakers. Original Source
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She's taking on anti-crypto pol Brad Sherman in her run for office as a Democrat in Los Angeles County. Original Source
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Rep. Cathy Rodgers (R-Wa.), who began the hearing with an off-topic speech about inflation, COVID and the current U.S. president, asked about the potential of blockchain to protect citizens’ privacy, as well as the potential adverse impact of regulation on job and investment growth. Rep. Annie Kuster (D-N.H.) inquired about
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11:30 a.m. ET (ND) Good morning folks, and welcome to CoinDesk's live coverage of the House Energy and Commerce Committee hearing on cryptocurrencies and their environmental impact. Titled "Cleaning Up Cryptocurrency: The Energy Impacts of Blockchains," the hearing seems likely to focus on Bitcoin in particular and proof-of-work more broadly,
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Shrina Kurani, a Democrat running in California’s 42nd Congressional District, will publish 2,022 non-fungible tokens (NFTs) on the Solana blockchain today as part of her election campaign.The NFTs – digital tokens representing “vision and concept statements” and potential Web 3 policy agenda items linked to addresses on the Solana blockchain
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The Senate Committee on Banking, Housing and Urban Affairs heard from several expert witnesses with knowledge of stablecoins who urged lawmakers to establish a clear regulatory framework but could not seem to agree on where lines would be drawn.In a Tuesday hearing on “Stablecoins: How do They Work, How Are
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Bahamian-based cryptocurrency exchange FTX released a list of principles and proposals to help policymakers build the regulatory framework. The policy recommends the market-structure choices made by several leading crypto exchanges and suggests its implementation across all jurisdictions. FTX shared the “FTX’s Key Principles for Market Regulation” blog after Maxine Waters, the
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Pennsylvania Senator Pat Toomey, one of the ranking members of the Senate Banking Committee, has suggested Congress step in with legislation should the Securities and Exchange Commission (SEC) be unable to provide sufficient guidance on cryptocurrencies.In a Friday announcement from the Senate Banking Committee, Toomey said he was dissatisfied with
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Douglas Tuman, a crypto enthusiast and host of the Monero Talk podcast, has lost in his bid to represent New York’s 4th District in the U.S. Congress.According to election results from The Associated Press, Tuman, a Republican, received 134,243 votes to incumbent Democrat Kathleen Rice’s 147,580 in New York’s 4th
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