Thursday, December 19, 2024
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Crypto industry leaders ‘scared of a strong SEC’ — Senator Warren

United States Senator and crypto skeptic Elizabeth Warren wants the Securities Exchange Commission (SEC) to “double down” on its crypto enforcement efforts, highlighting that the cryptocurrency industry is running “scared” for what’s to come next.Warren’s comments came from an interview with American Economic Liberties Projects on Jan. 25.The Senator opined

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US senator behind efforts to pass major crypto bill won’t seek re-election

Michigan Senator Debbie Stabenow, chair of the United States Senate Agriculture Committee, has announced that she will be leaving office in 2025.In a Jan. 5 announcement, Stabenow said she would finish the remainder of her 6-year term in the Senate, then “pass[ing] the torch” to other U.S. lawmakers. The senator

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US Senator Introduces Bill to Regulate Payment Stablecoins – Bitcoin News

A U.S. senator has introduced a bill to “establish the first federal regulatory framework for payment stablecoins.” The lawmaker explained: “This bill will also ensure the Federal Reserve, which has displayed significant skepticism about stablecoins, won’t be in a position to stop this activity.” Stablecoin TRUST Act of 2022 U.S. Senator Pat

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US senator calls on SEC’s Gensler to answer for ‘regulatory failures’

Minnesota Senator Tom Emmer has slammed United States Securities Exchange Commission (SEC) Chairman Gary Gensler for his flawed “crypto information-gathering efforts” and insisted Gensler should appear before Congress to explain the cost of his “regulatory failures.”Emmer’s comments came from a Dec. 10 tweet to his 67,500 Twitter followers, where he

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US Senator Calls Sam Bankman-Fried to Answer for Failure of FTX and Alameda Research – Bitcoin News

Two congressional hearings will be held next week on the collapse of cryptocurrency exchange FTX and U.S. lawmakers have asked former FTX CEO Sam Bankman-Fried (SBF) to testify. As the founder of FTX and Alameda Research, “you must answer for the failure of both entities that was caused, at least

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Crypto will be regulated as securities — ICE boss and Senator Warren

Most cryptocurrencies are likely to be regulated as securities in the United States according to the CEO of Intercontinental Exchange Inc (ICE), Jeffrey Sprecher, and Senator Elizabeth Warren. The renewed focus on regulating cryptocurrencies as securities comes in light of FTX’s recent implosion, which wiped countless billions from the market,

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Bullish on Bitcoin, US Senator Ted Cruz wants Texas to be a crypto oasis

United States Senator Ted Cruz wants to make the American state of Texas an oasis for Bitcoin (BTC) and cryptocurrencies. Speaking at the Texas Blockchain Summit 2022 in late November, the politician empathized how the crypto industry can be strategic for the U.S. energy supply and technological development. Cruz argued that Bitcoin

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US Senator Urges Congress to Pass Her Crypto Bill — Claims It Would’ve Prevented FTX Bankruptcy – Bitcoin News

U.S. Senator Cynthia Lummis believes that the FTX bankruptcy wouldn’t have happened under the Lummis-Gillibrand crypto bill. She stressed: “It’s clearer now than ever before that we need comprehensive regulation in the digital asset space.” Senator Lummis Explains How Her Crypto Bill Would Prevent the FTX Catastrophe U.S. Senator Cynthia Lummis (R-WY)

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