Cryptocurrency Analysis and News Portal
Coinbase CEO Brian Armstrong has urged United States citizens to take action and email their representatives to vote “yes” on the Financial Innovation and Technology for the 21 Century Act (FIT21), which may provide regulatory clarity for crypto. On July 26, lawmakers voted in favor of FIT21 and the Blockchain Regulatory
Read More
The leadership with the United States House Financial Services Committee have separately called on former FTX CEO Sam Bankman-Fried to appear in an investigative hearing scheduled for Dec. 13.In Dec. 2 posts on Twitter, House Financial Services Committee chair Maxine Waters, a Democrat, and ranking member Patrick McHenry, a Republican,
Read More
The no-shows included Lee Jung-hoon and Kang Jong-hyun, former chairman and current shareholder of crypto exchange Bithumb, respectively, along with Simon Kim, CEO of venture-capital firm Hashed, and Chai CEO Daniel Shin, who co-founded the Luna network, which is built on the Terra blockchain. Source
Read More
Representatives from HSBC, Mastercard, Morgan Stanley, Standard Chartered and Visa are all included on the engagement forum, as is Anne Boden, founder and CEO of digital bank Starling, and Christian Catalini, chief economist for the Facebook-backed Diem Association. Source
Read More
According to Reuters, Pelosi expressed confidence the legislation will pass upon announcing the date on Sunday, Sept. 26, stating: “Let me just say that we're going to pass the bill this week." Earlier that same day she reportedly indicated she would not bring the bill to a vote unless she
Read More
Two state representatives in Rhode Island introduced a new bill promoting blockchain and technology adoption in the state. Rhode Island representatives David Place and Blake Filippi introduced a new bill on March 11 known as the “Rhode Island Economic Growth Blockchain Act.” The motion aims to provide green pastures for
Read More
Eight members of the United States (U.S.) Congress sent a letter to the Internal Revenue Service (IRS) urging the agency to provide additional clarity on cryptocurrency tax laws. A letter dated Dec. 20, signed by eight U.S. Congress members, stated:“We wrote in April of this year urging the issuance of
Read More