All About the Crypto Bill from Senators Lummis and Gillibrand

A new crypto bill was proposed this week, and it has led to a wave of discussion across the industry. There is a mixed bag of opinions revolving around this issue, involving very strong positions. How...

BlockFi adds a lobbyist to streamline with senators

BlockFi has teamed up with Arnold & Porter to make a five-person team which will superintend restrictive and tax program for money service suppliers within the crypto space. Celebrated crypto disp...

Senators Unveil Bipartisan Gun Deal—Here’s What’s In It

Topline A bipartisan group of 20 senators struck a deal Sunday on gun control legislation, including strengthening background checks and boosting red flag laws—a major breakthrough following weeks of ...

Senators Reportedly Planning To Unveil Bipartisan Deal On Gun Background Checks, Red Flag Funding Today

Topline A bipartisan group of senators aims to announce an initial agreement on gun control legislation—including strengthening background checks and boosting fed flag laws—as early as Sunday, CNN and...

U.S. Senators Unveil The Much Awaited Crypto Regulation Bill – crypto.news

Two United States Senators, Cynthia Lummis and Kirsten Gillibrand, announced the release of the much-talked-about cryptocurrency bill. The new regulations contain a strategy for comprehensive guidelin...

Prominent US Senators Bring Forward A Crypto Bill Focusing On Extensive Future Plans and Rules 

Recently, a bipartisan bill focused on crypto emerged from the US Senators Cynthia Lummis and Kirsten Gillibrand, as both of them are looking to put forward and extend a comprehensive set of regulatio...

Crypto Bill Penned by Senators Lummis and Gillibrand Sees Light of Day

The long-anticipated crypto bill from Senators Cynthia Lummis (R-Wyo) and Kirsten Gillibrand(D-N.Y.) that balances the need for consumer protections and financial innovation surfaced Tuesday. The new ...

Most Crypto Assets To Be Treated As Commodities in Long-Awaited Bill Released by US Senators: Report

A new bipartisan bill is proposing crypto regulations fall under the purview of the Commodity Futures Trading Commission (CFTC) instead of the U.S. Securities and Exchange Commission (SEC). The Lummis...

Key US Senators Introduce Crypto Bill Outlining Sweeping Plan for Future Rules

The effort from Lummis and Gillibrand, however, is seen in Washington as a starting point for a dialogue that won’t lead anywhere significant before next year. It joins several previous bills that mos...

Senators Introduce Bill to Completely Overhaul U.S. Crypto Regulation

Key Takeaways Senators Cynthia Lummis and Kirsten Gillibrand have unveiled their bipartisan crypto bill. Dubbed the Responsible Financial Innovation Act, the bill aims to settle the most consequential...

Senators Propose Major Changes To Student Loan Forgiveness

Secretary of Education Miguel Cardona (Photo by Win McNamee/Getty Images) Getty Images Two U.S. senators have proposed major changes to student loan forgiveness. Here’s what you need to know — and wha...

Senators And Regulators Don’t Think $60B Collapse Of Key Crypto Is Sector’s Bear Stearns Moment

The recent instance of the Terra meltdown was a sudden and shocking one for the crypto investors as folks had to go through major losses.  Some investors cited these instances as a Bear Stearns moment...

U.S. Republican Senators Propose Bill to Ban China’s Digital Yuan Use in America – crypto.news

United States Senators have on May 26, 2022, introduced a new bill aimed at stifling the adoption of China’s central bank digital currency (CBDC), e-CNY in America. If passed, the “Defending Americans...

Digital Yuan Ban: Senators Seek To Ban China’s E-CNY From US App Stores

Three Republican senators are pushing to prohibit portals from allowing apps that facilitate payments of China’s digital yuan out of concern that it could be used for espionage against American citize...

Senators Introduce Bill to Limit Use of China’s Digital Currency in the US — ‘This Is a Major Financial and Surveillance Risk’ – Regulation Bitcoin News

Several U.S. lawmakers have introduced a bill to prohibit app platforms in the country from hosting apps that enable transactions using China’s central bank digital currency, the digital yuan. “The Ch...

Crypto’s Chaos Brings Two Unlikely Senators Together To Protect Investors With A New Draft Proposal ⋆ ZyCrypto

Advertisement &nbsp &nbsp Crypto’s wild swings have seen both Democrats and Republicans work together to introduce a new bill. Cynthia Lummis and Kirsten Gillibrand are set to...

US Senators Introduce Draft Bill to Proscribe China Digital Yuan from American App Stores

Republican senators have highlighted a potential threat posed by the digital yuan and have proposed a bill to outlaw them from US app stores. A trio of US senators introduced a bill that bars American...

Steve Kerr condemns senators for inaction on guns

A visibly angry and shaken Steve Kerr on Tuesday evening condemned senators, particularly Republican leader Mitch McConnell, for failing to act on gun legislation, hours after a gunman killed 18 child...

Fed Vice Chair Pick and Ex-Ripple Adviser Tells Senators Crypto Needs Regulation

Michael Barr, a former Ripple adviser nominated by President Joe Biden to run the Federal Reserve’s oversight of the U.S. financial sector, sees cryptocurrency technology offering “some potential for ...

McConnell Makes Secret Trip To Ukraine With Delegation Of Republican Senators

Topline Senate Minority Leader Mitch McConnell (R-Ky.) led a delegation of Republican senators to Kyiv to meet with Ukrainian President Volodymyr Zelensky on Saturday, making them the latest group of ...

Two US Senators Pen Letter to Fidelity CEO Detailing Concerns With Proposed Bitcoin 401(k) Retirement Plans

Two members of the US Senate are writing a letter to financial services giant Fidelity presenting issues with the firm’s new plans to offer Bitcoin (BTC) as an option for 401(k) retirement plans. In a...

Senator’s Financial Freedom Act would ensure Bitcoin can be in your 401(k)

Republican Senator Tommy Tuberville from Alabama has unveiled a new bill he calls the Financial Freedom Act to allow Americans to add cryptocurrency to their 401(k) retirement savings plan unencumbere...

McConnell Reportedly Goads Trump By Gifting Senators ‘Old Crow’ Bourbon

Topline Senate Minority Leader Mitch McConnell (R-Ky.) seems to be taking the “old crow” nickname former President Donald Trump has bestowed on him in stride, gifting fellow Republican senators with b...

Fidelity, Bitcoin pension funds worry senators

In a letter to Abigail Johnson, CEO of Fidelity, Senators Elizabeth Warren of Massachusetts and Tina Smith of Minnesota expressed great concern about the decision to add Bitcoin to pension funds. US s...

Senators are proposing a tax exemption for capital gains on cryptocurrencies for upcoming new legislation – should users be worried?

Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY) are proposing a tax exemption for capital gains on cryptocurrencies up to a specific amount as part of upcoming legislation to regulate cry...

Senators Propose New Crypto Bill Limiting Capital Gains Tax

Democrat Senator Kirsten Gillibrand (D, NY) and well-known pro-crypto Senator Cynthia Lummis (R, WY) have drafted a proposal exempting crypto capital gains of less than $600 from being taxed. A new co...

Senators Bragg and Lummis discuss crypto laws collaboration between US, Australia

Australian Senator Andrew Bragg has met with United States Senator Cynthia Lummis to discuss potential collaboration on cryptocurrency regulation between the two countries. Senator Bragg is a crypto-f...

Senators Bragg As Well As Lummis Talk About How The US As Well As Australia Are Working Together On Cryptography Legislation

Consumer and investor interests are protected on an equal footing, while flexibility, ingenuity, and experimentation are encouraged. He went on to say, Regulation that provides a safety net when the m...

Senators reach $10 billion Covid funding deal for therapeutics, vaccines and testing

U.S. Senator Mitt Romney (R-UT) speaks during a Senate Health, Education, Labor, and Pensions Committee hearing to examine the federal response to the coronavirus disease (COVID-19) and new emerging v...

Senators reach deal on $10 billion in Covid relief funding, Romney says

U.S. Senator Mitt Romney (R-UT) walks through the Senate Subway on his way to a security briefing for senators on Russia’s invasion of Ukraine, on Capitol Hill in Washington, March 30, 2022. Elizabeth...

Can Your Spouse Empty a 401(k) Without Your Consent? Senators Call on Government to Investigate

401k spouse consent Saving for retirement is one of the most pressing concerns for many Americans, and how to safeguard those funds is an equally important consideration. Private employer-sponsored de...

Senators Plan Bipartisan Retirement Package as House Poised to Pass Secure 2.0

Retirement experts urged lawmakers Tuesday to take action to expand the availability of workplace savings plans and to level some of the barriers that have kept workers from putting more money away fo...