US Lawmakers Urge SEC and CFTC to Create Joint Working Group on Crypto Regulation – Regulation Bitcoin News
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US lawmakers behind crypto amendments to infrastructure bill introduce compromise
United States Senators putting forth differing amendments for provisions in the infrastructure deal that apply to crypto have reached a compromise after a legislative setback. In a press conference on Monday, Senator Pat Toomey said there was now a bipartisan agreement on an amendment to infrastructure bill HR 3684, backed by
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Some US lawmakers want Bitcoin miners to be exempted from proposed crypto taxes
Lawmakers in the United States have called for caution regarding implementing a proposed tax policy that could have significant implications for America’s crypto space.As previously reported by Cointelegraph, an expanded crypto taxation regime was a last-minute addition to the $1-trillion infrastructure deal currently being debated in Congress. According to the
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US Lawmakers to Question China’s Role in GameStop Pump
U.S. lawmakers are set to question a trader named Keith Gill and the chief executives of Reddit and Robinhood about their roles in the GameStop frenzy at a congressional hearing later this week. But some have another concern: whether China is involved. Several Republican lawmakers on the House Financial Services Committee
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US Lawmakers Ask Justin Sun How DLive Moderates Content
A pair of U.S. lawmakers have asked Tron founder and CEO Justin Sun and DLive CEO Charles Wayn to explain how they plan to prevent extremist content from being broadcast on the crypto streaming platform in the wake of last month’s attempted insurrection in Washington, D.C.In an open letter, first
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Senator to launch Financial Innovation Caucus to educate lawmakers on crypto
Senator Cynthia Lummis, the first senator in the history of the United States to own Bitcoin, has revealed plans to launch a Financial Innovation Caucus to educate her fellow senators on cryptocurrency and digital assets.Appearing on Anthony Pompliano’s podcast on Feb. 2, Lummis announced her intention to establish the caucus,
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US Lawmakers Ask SEC to Clarify Broker-Dealer Rules
Nine U.S. lawmakers asked the Securities and Exchange Commission (SEC) and Financial Industry Regulatory Authority (FINRA) to clarify how crypto firms can become registered broker-dealers and provide custody services for crypto assets.In a joint letter sent to SEC Chairman Jay Clayton Wednesday, the bipartisan group of representatives wrote they want
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Lawmakers Urge Mnuchin to End Rumored Wallet Rules
Four U.S. lawmakers want Treasury Secretary Steven Mnuchin to rethink his rumored crypto wallet regulations.Reps. Warren Davidson (R-Ohio), Tom Emmer (R-Minn.), Ted Budd (R-N.C.) and Scott Perry (R-Penn.) sent a letter to Mnuchin Wednesday, “expressing our concern” about rumored self-hosted wallet regulations that the Secretary apparently intends to implement in
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US Lawmakers Introduce Bill That Would Require Stablecoin Issuers to Obtain Bank Charters
A new U.S. Congressional bill would require stablecoin issuers to secure bank charters and secure regulatory approval prior to circulating any stablecoins.U.S. Representatives Rashida Tlaib (D-Mich.), Jesús “Chuy” García (D-Ill.) and Stephen Lynch (D-Mass.) introduced the Stablecoin Tethering and Bank Licensing Enforcement (STABLE) Act on Wednesday, writing in a press
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German Lawmakers Vote ‘Nein’ on Blockchain for Transparency on Megaprojects
Germany’s money-hemorrhaging effort to build a sleek new airport for Berlin might have convinced one political party that a blockchain for megaproject transparency was in order, but on Thursday the center-right Free Democrats (FDP) proved unable to persuade anyone else. Source
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