US Lawmakers Jump In With Demands For The SEC
Lawmakers in the United States have finally put their foot down and demanded that the US SEC Chairman approve Grayscale’s spot Bitcoin
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Lawmakers
Pressure Mounts on SEC’s Gensler as US House Lawmakers Request ‘Immediate’ Approval of Spot Bitcoin ETF
Bitcoin ETFs provide an easy way for investors to put their funds into the cryptocurrency market. The crypto industry is rife with anticipation for the Securities and Exchange Commission (SEC) to approve spot Bitcoin exchange-traded fund (ETF) applications. However, the extended clamor may now have the right backing as four members
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US lawmakers call on SEC chair to approve spot Bitcoin ETFs ‘immediately’
Four members of the United States Congress are requesting Securities and Exchange Commission (SEC) chair Gary Gensler “immediately” approve the listing of spot Bitcoin (BTC) exchange-traded funds, or ETFs.In a Sept. 26 letter to Gensler, U.S. Representatives Mike Flood, Wiley Nickel, Tom Emmer and Ritchie Torres claimed the SEC was
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U.S. House Lawmakers Push SEC’s Gensler to Approve Spot Bitcoin ETF ‘Immediately’
The U.S. Securities and Exchange Commission (SEC) should listen to the courts and give up its efforts to block exchange traded funds (ETFs) holding bitcoins, a bipartisan group of lawmakers argued in a letter to SEC Chair Gary Gensler. Source
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Brazilian lawmakers seek to add crypto to debtors’ protected assets list
As Brazilian lawmakers discuss a bill that would grant strong protection to a sizable portion of the savings assets of debtors, a separate initiative is seeking to include crypto in the latest version of the bill.Bill 4.420/2021, authored by Deputy Carlos Bezerra, is currently being considered by the Committee on
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US lawmakers advance legislation blocking the digital dollar
The United States House Financial Services Committee is moving forward with legislation aimed at preventing the issuance of a central bank digital currency. According to an announcement from chairman Patrick McHenry, the Committee will mark up two bills about a potential digital dollar on Sep. 20. Markups are sessions in which
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European lawmakers approve crypto tax regulatory initiative
European lawmakers overwhelmingly approved the DAC8 directive, empowering tax authorities to oversee and regulate cryptocurrency transactions within the EU. On Sept. 13, the proposal got 535 member votes in favor, only 57 against, and 60 abstentions. The DAC8 will enable tax authorities to monitor and regulate all cryptocurrency transactions conducted by
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Blockchain Association responds to US lawmakers’ request for crypto tax guidance
The Blockchain Association, a United States-based cryptocurrency advocacy group, has submitted suggestions for lawmakers to consider in potential legislation on the tax treatment of digital assets.In a Sept. 8 letter to U.S. Senators Ron Wyden and Mike Crapo, the Blockchain Association said lawmakers should support the Keep Innovation in America
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Russian lawmakers believe digital ruble will replace banks
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Anatoly Aksakov, head of Russia’s Banking Committee, believes that the digital ruble could potentially render traditional banking institutions obsolete. In a discussion at the AiF.Media club, Aksakov opined that the evolving landscape of financial technology could reduce
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Can Stand with Crypto sway US lawmakers?
Stand with Crypto Alliance, a new advocacy organization by Coinbase, was launched to mobilize the crypto community to help shape the crypto regulation in the US. Yet, with varying opinions within the community, its success remains uncertain. A lack of regulatory clarity has been one of the prickliest thorns on the
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