Topline Maxwell Alejandro Frost (D-Florida) became the first Gen Z member of Congress on Tuesday, with the 25-year-old saying he “made history for Floridians, for Gen Z, and for everyone who believes ...
Tag: Congressman
US Congressman Confirms No Stablecoin Regulations Anytime Soon
It appears that U.S. lawmakers have bigger fish to fry as stablecoin and crypto regulations remain on the back burner. During a financial conference on Oct. 18, representative Jim Himes said that the ...
US Congressman Slams Crypto, Says Government May Have Opportunity To Gain Control Over Digital Assets
A US Congressman who has a reputation for being a vocal critic of crypto says an opportunity may arise where the government could take back power over digital assets. In a new CNBC interview, Represen...
Congressman hopes for total ban of crypto
Congressman Brad Sherman is a staunch crypto sceptic and believes that it should be banned. His comments disregard any saving graces for the sector. The Republican representative for Southern Californ...
Brad Sherman, Californian Congressman, Continues Tirade Against BTC
Brad Sherman (D., Calif.), a known opponent of crypto, has slammed bitcoin as having ‘no societal value.’ Speaking with CNBC, the Congressman representing the 30th District of California reiterated hi...
U.S. congressman says Bitcoin has ‘no societal value’, only suitable for tax evasion
United States congressman from Califonia Brad Sherman has once again slammed Bitcoin (BTC), stating that the flagship cryptocurrency has ‘no societal value,’ citing the lack of an intrinsic value and ...
Why Crypto Has Not Been Banned Yet – U.S. Congressman Explains
The emergence of crypto was one of the ground-breaking discoveries of this era. The change it brought affected many things in the financial systems. While many people embraced it wholeheartedly, other...
Crypto Ban Won’t Happen Anytime Soon, Says U.S. Congressman
Alex Dovbnya Here’s why the U.S. government is unlikely to ban cryptocurrencies anytime soon, according to congressman Brad Sherman Contents The Tornado Cash ban The Fed rules out a crypto ban Democra...
Congressman calls on crypto exchanges and regulators to account for fraud and scams in crypto
Crypto faces new scrutiny from the congressional financial watchdog. In a series of letters sent on August 30, Rep. Raja Krishnamoorthi, D-Ill., called federal regulators and leading crypto exchanges ...
Investigation Into Crypto Scams by US Congressman
US controllers worried on the rising commonness of crypto extortion Representative Raja Krishnamoorthi asks controllers how they’re safeguarding shoppers Congress needs evacuation of false compu...
Coinbase, Binance, Kraken and Other Crypto Firms Should Explain How They’re Fighting Fraud, Says US Congressman
A US Congressman from Illinois is asking prominent federal agencies and crypto exchange platforms for information on how they combat digital asset fraud. In a new press release, Representative Raja Kr...
US Congressman Demands Investigation Into Crypto Scams, Prods Exchanges to Intervene
On Aug. 30, the US House Oversight Committee’s subcommittee on economic and consumer policy demanded answers from regulators as to how they would fight against the crypto scams that have plagued the i...
Congressman Tom Emmer Questioned The Treasury Against Sanction of Tornado Cash
On August 8th, 2022, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Tornado Cash. The sanction was against the fund laundering worth 7 Billion USD. The platfo...
Congressman Tom Emmer Pens Letter to Treasury Secretary Yellen on ‘Unprecedented’ Tornado Cash Sanctions
US Congressman Tom Emmer of Minnesota is seeking clarity on the Office of Foreign Assets Control’s (OFAC) recent banning of crypto mixer Tornado Cash. In a letter addressed to Treasury Secretary Janet...
U.S. Congressman Demands Treasury Secretary Janet Yellen’s Explanation For Tornado Cash Sanctions ⋆ ZyCrypto
Advertisement     Earlier this month, the United States Treasury sanctioned privacy-tool Tornado Cash on allegations it helped the notorious North Korean state-sponsor...
Congressman demands answers from Yellen on Tornado Cash sanctions
Crypto booster Congressman Tom Emmer is demanding answers from Treasury Secretary Janet Yellen for the agency’s recent Tornado Cash sanctions. The Republican from Minnesota took aim at the Treas...
Treasury Must Clarify Tornado Cash Sanctions, Congressman Says
Sanctioning open-source code impacts the right to privacy, congressman Tom Emmer said Emmer also questioned whether recipients of the Tornado Cash ‘dust attack’ were in breach of the law Tornado Cash ...
This U.S. Congressman Condemned Tornado Cash Sanctions
U.S. Congressman Tom Emmer sent a letter to Secretary of the Treasury Janet Yellen regarding the sanctions imposed on the Ethereum decentralized exchange Tornado Cash. The government official called t...
Ron Paul Insists US Economy’s ‘Collapse Will Come,’ Former Congressman Says Liquidation Is ‘Absolutely Necessary’ – Economics Bitcoin News
Just recently the American author, economist, and retired politician Ron Paul discussed the rising tensions between China and Taiwan during an interview and he talked about the U.S. economy as well. P...
SEC Charges Ex-US Congressman For Violating Securities Exchange Act
Stephen Buyer has been charged with insider trading by SEC. Stephen purchased more than $1.5 million worth of Sprint and Navigant Consultancy stock. The Securities Exchange Commission (SEC) charged St...
US Congressman Says SEC Is Overstepping Bounds When It Comes to Regulating Crypto Assets
A US Representative says the U.S. Securities and Exchange Commission (SEC) has become power hungry when it comes to regulating crypto assets. In a recent Congressional meeting, Representative Tom Emme...
Ripple Will Lose Court Battle Against SEC, Anti-Crypto US Congressman Says
Ripple doesn’t stand a chance against the Securities and Exchange Commission in its ongoing court battle, this US congressman says. U.S. Representative Brad Sherman stated in a recent FOX Business int...
U.S Congressman Calls On The SEC To Go After Exchanges Trading XRP
U.S congressman Brad Sherman has questioned the legality of XRP, urging the Securities and Exchange Commission (SEC) to go after exchanges trading the token. Sherman said he supports the SEC’s case ag...
US Congressman blasts SEC for non-judicial actions against crypto companies
Tom Emmer, the Republican Congressman from Minnesota, has become the latest politician to blast the United States Securities and Exchange Commission (SEC) for its unethical actions against crypto comp...
Congressman Wants SEC to Punish Crypto Exchanges for Trading XRP
The SEC’s enforcement division faced a grilling over its regulation of the cryptocurrency sector on Tuesday Congressman Tom Emmer said the SEC has become a “power-hungry regulator” under Gary Gensler ...
US Congressman questions SEC’s lack of action against ‘big fish’ exchanges if Ripple is a security
US lawmaker Brad Sherman has questioned why the Securities and Exchange Commission (SEC) has not gone after crypto exchanges facilitating Ripple (XRP) trades if it considers it to be a security. Sherm...
U.S. Congressman Says XRP is a Security
Alex Dovbnya Ripple’s Stuart Alderoty pushed back against Sherman’s claims since the court is yet to make such a determination During a recent congressional hearing on the oversight of the...
Stablecoin Bill Won’t Force All Issuers to Be Banks, Congressman Says
“Apparently, we’ll have options for both banks and non banks,” Himes told CoinDesk in an interview. He said Chairwoman Maxine Waters (D-Calif.) and the ranking Republican on the committee, Rep. ...
Congressman Jim Himes puts out white paper for digital dollar
With heightened political attention on digitizing the dollar, one member of Congress has laid out his vision. On June 22, Rep. Jim Himes (D-CT) released a white paper called “Winning the Future ...