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US lawmaker urges congressional action on crypto as government avoids shutdown

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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VeChain still popular in China, crypto media shutdown and OKEx goes global – Cointelegraph Magazine

This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.  It’s been over half a year since the crackdowns began in China and pressure from the top-down government is

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DeFi Giant MakerDAO Avoiding Shutdown in the Face of Tanking ETH — For Now

As Ether’s price sees record losses, MakerDAO, the biggest player in decentralized finance (DeFi) on the Ethereum network, is looking at responses including a shutdown — though that possibility remains unlikely at this point.Markets clobber DeFiPer a March 12 call in response to “Black Thursday” losses, developers and MakerDAO

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Lebanon Banks’ Shutdown Is ‘Most Potent Case’ for Crypto: Nassim Taleb

Bitcoin (BTC) proponents are encouraging Lebanese citizens to swap fiat for crypto after it emerged the country’s banks would stay closed.Banks to open “once normalcy restored”In an ongoing Twitter debate which began on Oct. 24, commentators vented anger on behalf of Lebanon’s population, which has been without banking services

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Reddit’s Ethereum-Based Micropayment Service TripJar Announces Shutdown

In a Reddit post, the cryptocurrency micropayment service TipJar announced that the company would shut down their website after six months. The post also urged the company’s customers to withdraw any funds on their accounts before the website is taken down.TripJar is primarily an Ethereum-based micropayment service that allows Redditors

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