Republican Tom Emmer is concerned about the Fed’s intentions for CBDC. The politicians are concerned that it will be used for surveillance by the government. The bill also requires the Federal Reserve...
Tag: Emmer
Rep. Tom Emmer Says Fed Must Not Create Digital Currency ‘Surveillance State’
Republican House Majority Whip Tom Emmer (R-MN) introduced legislation Wednesday seeking to bar the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals, which h...
US Rep. Tom Emmer Introduces Bill To Stop CBDCs
There is a hypothesis that the central bank digital currency, or a CBDC, will pave the way for the end of civil privacy when all transactions are put under surveillance. The U.S. Fed has put great eff...
Republican Congressman Tom Emmer Introduces Bill to Ban Fed’s CBDC
On February 22, Republican Congressman Tom Emmer of the US House of Representatives introduced a bill to ban the Federal Reserve (Fed) from issuing a central bank digital currency (CBDC). The “CBDC An...
Rep. Tom Emmer introduces anti-CBDC bill
Congress member Tom Emmer (R-Minn.) introduced a bill on Feb. 22 that aims to prevent the U.S. Federal Reserve from providing a CBDC to individual retail users. Emmer wrote on Twitter: “Any digi...
US Representative Tom Emmer Introduces Legislation to Limit Fed
Tom Emmer, a representative for Minnesota in the United States House of Representatives, has proposed a piece of legislation that, if passed, would prevent the Federal Reserve from launching a central...
Top Republican lawmaker explains how Congress is warming up to crypto
Episode 4 of Season 5 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Rep. Tom Emmer, R-Minn. Listen below, and subscribe to The Scoop on Apple, Spotify, Google Podc...
Congressman Tom Emmer Lashes Out Against Gary Gensler’s Tweet
“Gary Gensler is protecting no one,” says Congressman Tom Emmer. Emmer believes that Gensler’s regulation through enforcement strategy hurts Americans. “Crypto intermediaries need to comply with our ...
US lawmaker Tom Emmer says SEC is ‘protecting’ no one
U.S. lawmaker Tom Emmer said SEC chairman Gary Gensler is “protecting” no one with his “regulation through enforcement” strategy. Instead, Emmer believes that the policy hurts “everyday Americans.” Em...
SEC Should be Implicated in FTX Collapse: US Senator Emmer
The General Counsel for the U.S. Securities and Exchange Commission (SEC) has announced that he will depart the agency in January. SEC General Counsel Dan Berkovitz said that he was leaving the agency...
SBF’s Timely Arrest Was Not Coincidental: Tom Emmer
U.S. Congressman Tom Emmer doesn’t believe that the arrest of FTX founder Sam Bankman-Fried (SBF) – which allowed him to miss a scheduled congressional hearing on December 13 – was purely due to good ...
Pro-crypto Congressman Tom Emmer looks to reintroduce bill to protect non-custodial blockchain service providers
U.S. Congressman Tom Emmer is looking to reintroduce a bipartisan bill aimed at excluding non-custodial blockchain service providers from registering as custodial exchanges. The pro-crypto lawmaker ha...
Rep. Tom Emmer mulls bringing back bill aimed at reducing crypto red tape
Crypto-friendly Congressman Tom Emmer is considering re-floating a bipartisan bill that would lift the requirement for certain crypto businesses and projects to register as Virtual Asset Service Provi...
Congressman Tom Emmer alleges SEC Chairman Gensler was aware of FTX fraud
U.S. Congressman Tom Emmer has alleged that SEC Chairman Gary Gensler knew that FTX was fraudulent, but still held meetings with the disgraced founder Sam Bankman-Fried. Recent developments saw Dec. 1...
Congressman Tom Emmer “More Concerned Now” That SEC’s Crypto Strategy Isn’t Working ⋆ ZyCrypto
Advertisement     US Congressman Tom Emmer has faulted the Securities and Exchange Commission (SEC) for failing to prevent the FTX collapse despite outwardly promoting...
FTX Collapse Is ‘Not a Crypto Failure,’ Says Minnesota Rep. Tom Emmer
Minnesota Representative Tom Emmer took both former FTX CEO Bankman-Fried and Securities and Exchange Commission chair Gary Gensler to task for the collapse of FTX and the resulting fallout. “Th...
Lawmakers weigh what to do with Sam Bankman-Fried’s political cash after FTX’s collapse
FTX executives made a splash during the 2022 midterm cycle, spending millions on political donations and funding for their super PACs But after the exchange filed for bankruptcy protection, som...
Newly Elected US House Whip Emmer Downplays FTX Meltdown, Cheers Crypto
Crypto advocates in Washington routinely maintain that crypto policy is a non-partisan issue that can move forward even in a divided Congress. However, this week’s rhetoric from Democrats such as Sen....
Crypto-friendly Emmer wins key House leadership post
An outspoken proponent of digital assets just won a high-ranking post in Congress. Rep. Tom Emmer, R-Minn., won the race for House GOP whip, according to multiple reports. The Minnesota congres...
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...
‘Privacy Is Normal’: Rep. Tom Emmer Wants Answers About Tornado Cash Ban
In brief U.S. Congressman Tom Emmer has written a letter to Treasury Secretary Janet Yellen regarding its recent sanctions on Ethereum coin mixing service, Tornado Cash. Emmer suggests that banning sm...
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...
Rep. Emmer demands an explanation of OFAC’s Tornado Cash sanction from Sec. Yellen
United States Congressman Tom Emmer sent a four-page letter to Treasury Secretary Janet Yellen on Tuesday regarding the Treasury Department’s sanctioning of cryptocurrency mixer Tornado Cash on Aug. 8...
Rep Emmer Demands Answers From Yellen Over Tornado Cash Sanction
Rep Tom Emmer, a United States Congress member and crypto advocate, is seeking answers from the United States Treasury Secretary, Janet Yellen on the sanctioned Tornado Cash cryptocurrency mixing serv...
Last Week [In] Crypto: Tesla Unloads Bitcoins, Three Arrows Capital Founders Resurface, Emmer Blasts SEC
It’s been a rough week for crypto but not to worry, Be[in]Crypto has collated the leading stories creating all the buzz in the markets. Crypto exchanges are expanding their turf, Finland makes a donat...
Senator Emmer says SEC is ‘politicizing enforcement, baiting companies’
US lawmaker Tom Emmer has accused the Security and Exchange Commission (SEC) of “cracking down on companies outside its jurisdiction.” ?The SEC Director of Enforcement admits the SEC is cracking down...
SEC Conducting Extrajudicial Industry Sweeps on Crypto Sector Says Tom Emmer
The U.S. Securities and Exchange Commission (SEC) is still on the crypto warpath and has reached beyond its own jurisdiction, according to Senator Tom Emmer. Republican Senator Tom Emmer has questione...
Pro-Crypto Congressman Tom Emmer Slams FSOC, Proposes Radical Reform: Here’s Why
Vladislav Sopov “The future of crypto will be decided by the American people,” Sen. Emmer (R-MN) stressed Contents Sen. Emmer claims FSOC fails to represent Americans when it comes to cryp...
US Congressman Emmer Demands SEC To Provide Clarification on Crypto Investigation Processes
Tom Emmer along with other congresspeople sent a bipartisan letter to the SEC demanding for clarification. The bipartisan letter highlights the list of questions for the SEC, asking about its informat...
US Congressman Emmer Asks SEC for Clarification on Crypto Investigation Processes
United States Congressman Tom Emmer and other congresspeople have sent a bipartisan letter to the United States Securities and Exchange Commission (SEC) about its crypto investigations. The representa...
“Crypto Executive Order Fails To Mention Decentralization Directives”-U.S. Senator Tom Emmer
Tom Emmer, the U.S. Representative and Chair of the Blockchain Caucus, said President Joe Biden’s executive order fails to mention decentralization directives even once. Emmer believes in the disinter...