The chair of the U.S. Commodity Futures Trading Commission (CFTC), Rostin Behnam, has challenged Congress to move fast and enact legislation to regulate the cryptocurrency space. According to Behnam,...
Tag: Congress
Sam Bankman-Fried should bring ‘candid’ FTX discussions to Congress
A key House lawmaker has an idea for the next stop on Sam Bankman-Fried’s apology tour: Capitol Hill. House Financial Services Committee Chair Maxine Waters lauded Bankman-Fried’s “candid” comm...
Senate Votes To Avert Rail Strike—But Denies Railroad Workers’ Request For 7 Paid Sick Days
Topline The Senate approved a new contract between railroad companies and labor unions on Thursday in a last-minute vote, ahead of a December 9 deadline that could trigger a nationwide railroad strike...
Here’s why your tax refund may be smaller in 2023, the IRS says
If you’re expecting a tax refund in 2023, it may be smaller than this year’s payment, according to the IRS. Typically, you get a federal refund when you’ve overpaid yearly taxes or ...
Bankman-Fried-backed bill on hold until next Congress, says Senate chair
The Digital Commodities Consumer Protection Act, or DCCPA, whose association with Sam Bankman-Fried has come under added scrutiny following FTX’s collapse, is on pause until next year. Senate Ag...
CFTC Chair Behnam walks fine line during Congress’ first FTX hearing
After crypto exchange behemoth FTX imploded in a matter of days, the chair of the Commodities Futures Trading Commission walked a fine line in continuing his call for the same legislation Sam Bankman-...
FTX’s collapse is ‘a Lehman moment’ for crypto: Yellen
Treasury Secretary Janet Yellen called FTX’s collapse “a Lehman moment” for the digital asset industry. “It’s a Lehman moment within crypto, and crypto is big enough that you’ve had substantial ...
Brazil’s Congress Passes Bill Legalizing Bitcoin, Ether Payments ⋆ ZyCrypto
Advertisement     Brazil’s lower house of Congress has finally passed the long-awaited crypto bill legalizing crypto payments in the country and enabling banks to star...
Brazil’s Congress Moves to Regulate Crypto Payments
Brazil’s Congress today passed a bill that would regulate the use of cryptocurrency as a means of payment throughout the country, potentially providing a boost toward the adoption of digital ass...
Brazilian Congress Passes Crypto Bill
Brazil’s lower house of Congress has passed a bill granting limited legal status to crypto payments and establishing a regulatory framework for the industry. Chamber Of Deputies Approve Crypto Bill O...
‘Bitcoin Senator’ Lummis: FTX Collapse Shows ‘It’s Time’ for Congress to Learn About Crypto
The collapse of crypto exchange FTX highlights the need for Congress to “learn more” about cryptocurrency, said Sen. Cynthia Lummis (R-WY), known as the “Bitcoin Senator” for h...
FTX Shows “It’s Time” for Congress to Learn About…
Senator Cynthia Lummis, known as the “Bitcoin Senator” for her advocacy of the cryptocurrency sector on Capitol Hill has said that the collapse of the crypto exchange FTX highlights the need for Congr...
Biden Urges Congress To Pass Bill To Avert Railroad Strike
Topline President Joe Biden pressed Congress Monday to implement a labor deal between the largest U.S. rail operators and a group of large unions, as a months-long impasse between the two sides threat...
House lawmakers set first FTX hearing for Dec. 13
House lawmakers will begin their investigation into the collapse of crypto exchange FTX, and its broader impact on the digital asset industry, at a hearing scheduled next month. The House Financ...
CFTC chair defends bill that FTX’s Bankman-Fried also backed
Commodity Futures Trading Commission Chairman Rostin Behnam defended legislation backed by both himself and former FTX CEO Sam Bankman-Fried, arguing on Monday that if his agency gains authority over ...
Railway Strike Threatens More Economic Disruption On December 9th
(Original Caption) 07/1894-Chicago- The great railway strike of 1894. Miles of burned freight cars … [+] in the railroad yards of Chicago. Photo shows burned out viaduct wrecking crew at work in...
The US Congress is beginning to doubt the crypto sector
Join Our Telegram channel to stay up to date on breaking news coverage BILLIONS of dollars were recently taken out of the aggregate digital pockets of hundreds of thousands of investors. But in the da...
What If Congress Gave Every American $1 Million?
The title of this week’s opinion piece is a question that frequently comes up on the matter of inflation. As readers of these columns know well, the view here is that we presently do not have an infla...
US Congress members stood in the way of the SEC’s FTX inquiry – crypto.news
Reports have emerged that a group of US Congress members tried to slow down the Securities and Exchange Commission’s investigation into FTX. The Commission sought information into activities of the FT...
SEC Chair Under US Congress Radar Over Celsius, Voyager, FTX Failures
The U.S. Securities and Exchange Commission (SEC) chair, Gary Gensler has been under the constant scrutiny of Congress for its approach towards the digital asset industry. The crypto market has witnes...
611 Mass Shootings Recorded So Far In 2022—Second-Worst Year For Gun Violence In Almost A Decade
Topline There have been 611 mass shootings in the U.S. this year, making it the second-worst year for gun violence in the eight years since the Gun Violence Archive, the nation’s most comprehensive tr...
NY Attorney General Urges Congress to Ban Crypto in Retirement Accounts – Regulation Bitcoin News
New York Attorney General Letitia James has urged Congress to pass a law prohibiting crypto investments in retirement accounts. “Hardworking Americans should not have to worry about their retirement s...
SEC facing rising scrutiny after FTX’s epic implosion
After the high-profile implosion of FTX, crypto skeptics and digital currency advocates have both asked the question: Could the Securities and Exchange Commission have done more? Expect to hear ...
Here Are All The Republicans Opposing McCarthy’s Bid For House Speaker — And What It Means For The Next Congress
Topline Rep. Ralph Norman (R-S.C.) said he will not vote for Rep. Kevin McCarthy (R-Calif.) as speaker of the House, making him at least the fifth member to indicate opposition to McCarthy’s speakersh...
Texas Senator Says Bitcoin is Beneficial But Congress Knows Zero About BTC Worth
– Advertisement – Texas Senator Says Bitcoin is Generating Benefits For Texas and US; Warns Against Overregulation. US Senator Ted Cruz recently noted that bitcoin (BTC) is generating enor...
Will Congress Restore The Tax Incentive For Research Spending?
A researcher works on a vaccin against the new coronavirus COVID-19 at the Copenhagen’s University … [+] research lab in Copenhagen, Denmark, on March 23, 2020. – At Copenhagen unive...
The U.S. Congress Is Set For A String Of Hearings After The FTX Collapse ⋆ ZyCrypto
Advertisement     U.S. lawmakers are set to probe into the details surrounding the collapse of FTX. The congressional hearing could see Binance CEO CZ and Sam Bankman-...
House Republicans Target Joe Biden In Probe Of His Son—As GOP Promises Onslaught Of Investigations In New Congress
Topline House Republicans vowed Thursday to make their investigation of Hunter Biden’s foreign business dealings a “top priority” next year, focusing their efforts squarely on linking President Joe Bi...
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...