Coinbase – one of the largest and most popular digital currency exchanges in the world – has announced it will pay roughly $50 million in settlement fees to New York regulators for allegedly failing t...
Tag: Lawmakers
EU Lawmakers Back More Stringent Rules for Banks Holding Crypto
Lawmakers in the European Union (EU) voted on and approved on Tuesday a draft law that would see banks in the bloc holding cryptocurrencies follow more stringent measures. EU Lawmakers Back Draft Law ...
ECB To Put Digital Euro Decisions In The Hands Of Lawmakers
Join Our Telegram channel to stay up to date on breaking news coverage The amount of private information that the European National Bank would have direct access to if it implemented a digital euro wi...
EU Lawmakers Pave Way for Stricter Crypto Rules for Banks
European lawmakers have approved a bundle of changes that will impose steep new requirements on banks that have business dealings in crypto. The European Parliament’s Economics and Monetary Affairs Co...
EU lawmakers impose stringent measures for banks holding cryptocurrencies – Cryptopolitan
On Tuesday, European lawmakers gave a mandate requiring banks holding cryptocurrencies to abide by more stringent measures. The Parliament’s Economic and Monetary Affairs Committee enforced increased ...
ECB says it will leave digital euro privacy decisions to EU lawmakers
Lawmakers — and not the European Central Bank — will need to decide how much personal information the bank will have access to if it adopts a digital euro. But the ECB’s leadership isn...
US lawmakers propose laws protecting bitcoin mining
Mississippi and Missouri lawmakers have introduced bills to protect and encourage bitcoin (BTC) mining operations and node operators in their states. Legal protection for bitcoin (BTC) mining Legislat...
GOP lawmakers in Wyoming just proposed a ban on EV sales, phase-out by 2035 — here are 3 big oil stocks to revisit
‘Impracticable for the state’: GOP lawmakers in Wyoming just proposed a ban on EV sales, phase-out by 2035 — here are 3 big oil stocks to revisit Sales of electric vehicles have been boomi...
Former GOP Candidate Arrested In String Of Shootings Targeting Democratic Lawmakers’ Homes
Topline Albuquerque Police on Monday arrested a former Republican candidate, who lost a state election in November and then falsely claimed the election was “rigged”, in connection with a string of sh...
First Ever Digital Assets Subcommittee Commenced by Lawmakers in US
A subcommittee on “Digital Assets, Financial Technology, and Inclusion” has been established by the House Committee on Financial Services in the United States. The House Financial Services Committee’s...
Lawmakers introduce bill to finally stop politicians from insider trading. Here’s how it would force Congress to put the people before their portfolios
‘The American people are tired’: Lawmakers introduce bill to finally stop politicians from insider trading. Here’s how it would force Congress to put the people before their portfoli...
US Lawmakers Create ‘Congress’ First Ever’ Digital Assets Subcommittee – Regulation Bitcoin News
U.S. Congress’ “first ever” subcommittee on digital assets has been created as part of the House Financial Services Committee. “We want to create a regulatory legal framework for digital assets … that...
Four US lawmakers ask court to appoint independent examiner for FTX
Four US Senators urged the court to appoint an independent examiner to look into the activities of bankrupt crypto exchange FTX in a Jan. 9 bipartisan letter. The lawmakers argued that the firm presen...
US lawmakers call on court to approve ‘independent examiner’ in FTX bankruptcy case
A bipartisan group of four United States senators has criticized one of the law firms involved in the bankruptcy case of crypto exchange FTX for conflicts of interest. In a Jan. 9 letter to Judge John...
Lawmakers Shun Him During Historic Speaker Vote (Photos)
Topline Incoming Rep. George Santos’ (R-N.Y.) first day on the House floor was a historic one — for the first time in a century, lawmakers failed to elect a speaker on the first try — but the da...
US lawmakers could consider stock trading ban in next session of Congress
Many United States lawmakers from both sides of the aisle have at one point expressed support for legislation banning members from investing in stocks or cryptocurrencies — an initiative the 118th Con...
US lawmakers under pressure following FTX collapse: Report
Legislators in the United States seem to be reevaluating the crypto industry and its regulatory needs in light of FTX’s collapse. According to the Wall Street Journal, since the crypto exchange ...
Italian lawmakers approve 26% capital gains tax on crypto: CoinDesk
Italy’s Parliament has approved a 26% capital gains tax on crypto, according to a report from CoinDesk. The tax, in the works since earlier this year, will be levied on profits in excess o...
State Lawmakers Seek To Stop Local Flavor Prohibitions
Ohio lawmakers passed a legislation to block locally-imposed prohibitions on flavored vape & tobacco … [+] products like the one enacted in Columbus. getty While the Biden White House contin...
Lawmakers Reach Tentative Agreement On $1.7 Trillion Funding Deal For 2023 — But Republican Opposition Persists With Days To Go Before Shutdown
Topline Bipartisan negotiators in Congress unveiled a $1.7 trillion government spending package early Tuesday morning that would fund the federal government for the rest of the current fiscal year and...
Nigerian Lawmakers Set to Pass Law That Diminishes Central Bank Influence on Crypto – Regulation Bitcoin News
Nigeria is expected to designate cryptocurrency as capital for investment if the country’s House of Representatives votes to approve a bill that seeks to amend the Investments and Securities Act of 20...
The Block: US prosecutors probing Bankman-Fried’s political donations: NY Times
U.S. federal prosecutors are seeking more information about political donations made to Democrat and Republican lawmakers by former FTX CEO Sam Bankman-Fried and two executives he worked with, accordi...
United States: Incoming lawmakers move to delay key legislation to tax crypto
U.S. Representative Patrick McHenry wrote a letter to the U.S. Treasury to delay crypto taxes. Many lawmakers this year have raised similar concerns. The United States midterm elections held in Novemb...
What Did New FTX CEO John Ray Tell Lawmakers?
New FTX CEO John Ray III called FTX collapse an “old-fashioned embezzlement,” at the hearing. The crypto exchange’s truth is coming out via investigations. What did the new CEO disclose? The new CEO ...
French lawmakers may impose earlier crypto regulations
France is considering an obligation for cryptocurrency firms to obtain a full licence in the wake of the recent bankruptcy of FTX. The French government has expressed concerns over the lack of regula...
Kevin O’Leary Tells US Lawmakers FTX Failed Because Binance Intentionally Killed It – Featured Bitcoin News
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has told U.S. Congress that he believes the collapsed crypto exchange FTX failed because rival Binance intentionally put it out of business. He said f...
US lawmakers criticize use of Quickbooks, creepy dough, and ‘conscientious stupidity’
Though Sam Bankman-Fried could not attend the congressional hearing virtually due to his recent arrest in the Bahamas, United States lawmakers held no punches criticizing the former FTX CEO and busine...
Kazakhstan Lawmakers Pass New Bitcoin Mining Bills
Lawmakers in the country have passed the “On Digital Assets of the Republic of Kazakhstan” crypto assets bill and other laws that focus on crypto mining. The Mäjilis, or the lower hours of the Parliam...
FTX Founder Sam Bankman-Fried Agrees To Testify Before US Lawmakers – But There’s a Catch
FTX founder Sam Bankman-Fried is agreeing to testify before US lawmakers next week after previously indicating he would not show up. The disgraced former CEO of FTX tells Democratic Congresswoman Maxi...
US lawmakers question federal regulators on banks’ ties to crypto firms
Two members of the United States Senate have called on the heads of federal financial regulators to address “ties between the banking industry and cryptocurrency firms” in the wake of FTX’s collapse. ...
forensic team hired; US lawmakers investigation into other exchanges
Join Our Telegram channel to stay up to date on breaking news coverage To locate customers’ missing billions, FTX has hired a forensics team According to reports, the new management of the bankrupt cr...
Paraguay Lawmakers Shelve Hotly Debated ‘Crypto Law’
Paraguay’s plans to regulate the crypto mining industry have come to a screeching halt after lawmakers nixed the country’s “Crypto Law” on Monday. The bill, which was set to create a tax and regulato...