Some of the primary duties assigned to the task force involve making policy recommendations related to blockchain and related technologies.
US Senate confirms Lael Brainard as Fed vice chair
In a 52–43 vote on the Senate floor on Tuesday, U.S. lawmakers confirmed Lael Brainard as vice chair of the Federal Reserve System for four years.
President Biden announces former Ripple adviser as pick for Fed vice chair for supervision
The vice chair for supervision seat at the Federal Reserve has been vacant since governor Randal Quarles’ term ended in October 2021.
Former US Senator and House member joins Crypto Council for Innovation
Sheila Warren said the addition of Cory Gardner was based on his experience “to build a stronger economy and support innovation” as well as his commitment to Web3 and crypto.
Crypto tax rules will reduce US budget deficit by $11B over ten years — White House
The budget from the Biden administration said modernizing tax rules to include digital assets will bring the government $4.9 billion in revenue in 2023.
US lawmakers and Fed chair push for crypto regulation in wake of Russia sanctions
Jerome Powell said that the situation with Russia “underscores the need for really congressional action on digital finance, including cryptocurrencies.”
Gemini joins Coinbase and Block at the Crypto Council for Innovation
The crypto exchange declared it spent $120,000 on lobbying activities in the U.S. in the third and fourth quarters of 2021.
WEF’s blockchain head will lead the Crypto Council for Innovation
CCI board member Fred Ehrsam cited the WEF executive’s “in-depth knowledge of crypto” in addition to her experience working with governments across the globe.
Fossils vs. Renewables, PoW vs. PoS: Key policy issues around crypto mining in the U.S.
A recent meetup on the Capitol Hill highlighted several key debates that will define the mining industry’s development in the years to come.
President Biden taps economists for Fed governors’ seats, Sarah Bloom Raskin as vice chair for supervision
According to the U.S. President, the three nominees have the “experience, judgment and integrity to lead the Federal Reserve and to help build our economy back better for working families.”
ConstitutionDAO, a ‘crypto red alert’ and other cases of crypto-powered social action in 2021
Last year, the crypto community demonstrated its capacity to fight for a good cause, raise money and mobilize political support.
Fed conducted ‘policy sprints’ around crypto assets to address regulatory clarity
Government agencies are planning to adjust compliance standards on existing laws and regulations related to custody services, buying and selling crypto, crypto-collateralized loans, HODLing and the issuance of stablecoins.
Law Decoded: US as an anatomical theater of crypto regulation, Sept. 13–20
Gary Gensler gets grilled on Capitol Hill as crypto looms large on national political agendas from Cuba to South Korea.
Turkish central bank taps local tech firms for digital currency R&D
The Central Bank of the Republic of Turkey has signed agreements with various firms to form the Digital Turkish Lira Collaboration Platform.
Law Decoded: Hodling like a state
El Salvador’s effects, Coinbase’s woes, and the digital euro’s prospects.
Search giant Google lifts 2018 ban on crypto exchange, wallet advertisements
The new policy allows companies that have cleared rigorous regulatory hurdles to post ads.