U.S. Sen. Sherrod Brown (D-Ohio), whose chairmanship of the Senate Banking Committee gives him power over crypto’s congressional destiny, issued a call to arms to regulators on Thursday, demanding that they use whatever authority they currently have over digital assets to improve market transparency and protect the investors putting their money into the sector.
GOP Sen. Ted Cruz Proposes Ban on a CBDC
The effort by the Texas senator adds to a similar state-level measure proposed earlier this week by Florida Governor Ron DeSantis.
US senator: There’s ‘no reason why’ crypto should exist
Jon Tester is one of many Democratic senators slamming crypto of late, arguing that the sector is backed by nothing and provides nothing, so there’s “no reason” why it should exist.
Diem tells Senators on the warpath over Novi: We’re not actually Facebook
In response to a letter from the U.S. calling on Facebook to halt its stablecoin and crypto wallet projects, Diem stated that it “is not Facebook. We are an independent organization”
Law professor calls for crypto mining regulation during US Senate hearing
The St. Mary’s University School of Law professor called for more scrutiny on the activities of miners, especially regarding their role in transaction ordering on the blockchain.
Bipartisan bill to study blockchain and crypto passes US House of Representatives
The Consumer Safety Technology Act passed quickly in the House, and if enacted would require the study of blockchain tech and digital tokens.
Bakkt CEO Will Be Asked to Fill Georgia Senate Seat in 2020: Report
Crypto exchange Bakkt’s chief executive Kelly Loeffler has reportedly been picked by Governor Brian Kemp to serve in the U.S. Senate until the special election in November 2020. Loeffler will likely be asked next week to serve as the replacement of U.S. Senator Johnny Isakson, who has announced plans to vacate his senate seat on […]
FBI Director: Cryptocurrency Is ‘Significant Issue’ for Law Enforcement
Christoper Wray said crypto is becoming a “bigger and bigger” issue for the agency in a Senate hearing with Mitt Romney.
