An amendment proposed by lawmakers in the United States indicates that they want to be kept in the loop when it comes to crypto rewards and payouts facilitated by the U.S. Department of State. The Dep...
Tag: Lawmakers
US lawmakers want State Department to justify crypto rewards and disclose payouts
The United States lawmakers have proposed an amendment to the State Department Basic Authorities Act of 1956 that includes information on crypto rewards and payouts. The proposed amendment under the N...
US Lawmakers Propose Crypto Payout Disclosure By State Department
Lawmakers in the U.S. have now suggested that the Department of State disclose information related to crypto rewards and payouts. The state department is the federal government’s arm in charge of fore...
Paraguay Crypto Bill Axed by Lawmakers, No Cheap Bitcoin Mining
A Paraguay crypto bill focused on taxation and crypto mining has been tabled by lawmakers. The bill would have established electricity cost caps for mining. Crypto miners will no longer find Paraguay ...
US lawmakers request answers from Silvergate over ties to FTX: Report
Three members of the United States Senate have penned a letter to Silvergate Bank demanding answers about the bank’s role in the loss of billions of customer dollars in the collapse of FTX. According ...
Mayors Call On Senate To Pass Stalled Gun Control Bills By End Of Year — But Lawmakers Are Hesitant
Topline The mayors of 70 cities that have endured mass shootings this year called on Senate leaders to pass stalled gun control legislation before the end of the year –but Senate Democrats have expres...
Some GOP Lawmakers Denounce Trump’s Call For ‘Termination’ Of Constitution
Topline Several Republican lawmakers criticized former President Donald Trump on Sunday for suggesting the U.S. should scrap parts of the Constitution and reinstate him as president, the latest round ...
DeSantis Denies Reports That Florida Lawmakers Are Backtracking On Punishing Disney
Topline Gov. Ron DeSantis’ office denied a bombshell report Friday morning claiming that state lawmakers were considering reversing their earlier fight with Walt Disney World, insisting the state will...
US lawmakers question private firms’ role in development of a CBDC
U.S. lawmakers, including Tom Emmer and Patrick McHenry, wrote a joint letter to the Federal Reserve Bank of Boston regarding allegations that private firms involved in the design of the “hypoth...
US lawmakers launch official inquiry into FTX failure
In a rare bi-partisan move, the US Congress, through its Agriculture Committee on crypto regulation, is set to launch an official inquiry into the FTX collapse. US lawmakers FTX inquiry On Nov. 15, ...
Brazilian lawmakers approve a bill governing the use of bitcoin as payment
Join Our Telegram channel to stay up to date on breaking news coverage A comprehensive regulatory framework for the usage and trade of cryptocurrencies in Brazil has been adopted by the country’s legi...
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...
Russian lawmakers looking to establish state-backed crypto exchange
Russian lawmakers are working on a draft amendment bill enabling the country to launch a national crypto exchange, local media Vedomosti reported on Nov. 23. An unnamed participant in the discussions ...
US lawmakers ask DOJ hold FTX execs accountable ‘to the fullest extent of the law’
Two Democratic members of the United States Senate have called on the Justice Department to investigate the collapse of FTX and potentially prosecute individuals involved in wrongdoing. In a Nov. 23 l...
El Salvador lawmakers to consider regulation for issuing digital assets
A committee within El Salvador’s Legislative Assembly is considering a long-awaited law aimed at regulating digital asset service providers and issuers in the country. The so-called ̶...
US Lawmakers ‘Strongly Urge’ Fidelity to Reconsider its Bitcoin 401(k) Initiative
The American senators – Elizabeth Warren, Tina Smith, and Richard Durbin – advised Fidelity Investments to reconsider its decision to allow investors to add bitcoin to their retirement 401(k) plans. O...
Lawmakers Urge Fidelity to Drop Bitcoin Retirement Plan After FTX Crash
U.S. Senators today sent another letter to investment giant Fidelity Investments, warning it against offering Bitcoin to its customers following the collapse of crypto exchange FTX. Senators Elizabeth...
US lawmakers ask Fidelity to drop its Bitcoin 401k plan
United States lawmakers are asking Fidelity Investments, the leading provider of 401(k) accounts in the US, to reconsider its decision to offer Bitcoin as part of its customers’ retirement plans. The ...
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...
UK Lawmakers Don’t Buy Binance’s Evidence on FTX Collapse
U.K. lawmakers today said Binance’s submitted evidence on the collapse of FTX wasn’t sufficient. The U.K.’s Parliamentary Treasury Committee asked crypto exchange Binance for internal correspondence ...
U.S lawmakers demand answers from SBF and FTX’s current CEO
The collapse of FTX and its subsequent bankruptcy has been the talk of the town this month. The troubled exchange’s moves have been under the scrutiny of everyone interested, with new information bein...
UK Lawmakers Still Concerned about Possible Role of Binance in FTX Collapse
The alleged lack of transparency from Binance in the investigation is poised to influence upcoming UK crypto regulations. United Kingdom (UK) lawmakers are looking to find out the role of top cryptocu...
Binance’s role in FTX collapse unclear to UK lawmakers: Bloomberg
UK lawmakers are not convinced by the evidence Binance provided to understand its role in the collapse of FTX, according to a member of Parliament. Binance sent answers to questions from the UK...
The Lawmakers Are Requesting The SEC Take Strict Action To Regulate The Crypto Market
The FTX breakdown created a high level of doubt and fear among crypto investors and users. Last week’s crypto market was filled with uncertainty for crypto asset prices. Investors are afraid to make a...
Ripple and Binance seek UK regulatory licenses, lawmakers are told
Ripple and Binance have asked to be licensed by the Financial Conduct Authority, UK lawmakers were told on Monday. Binance, the world’s largest crypto exchange by trading volume, is in tal...
Crypto’s Political Cash Backs Winners, But New Lawmakers Will Arrive Under FTX Cloud
Still, the events of this month, where one of crypto world’s pillar companies is under investigation as an epic fraud, will play a part. Congressional hearings will likely question what happened with ...
Lawmakers Grill Binance Over FTT Tokens Selloff That Triggered FTX Collapse
Crypto exchange Binance on Tuesday said it agreed to submit evidence related to the proposed FTX acquisition deal and decisions to liquidate FTT token holdings to the UK Parliament’s Treasury Committe...
Chorus of Lawmakers Collectively Call for Crypto Controls in FTX Fallout
The collapse of cryptocurrency exchange FTX did more than rattle markets this week. It grabbed the attention of several U.S. lawmakers who used the resulting pandemonium as evidence that stricter regu...
Crypto Veteran Erik Voorhees Addresses US Lawmakers, Says Regulators Don’t Understand Decentralized Finance
Erik Voorhees thinks the high-profile collapse of the crypto exchange FTX further demonstrates the virtues of decentralized finance (DeFi). In a new blog post, the crypto veteran argues that DeFi has ...