U.S. Senators Mitt Romney (R-UT), Mark R. Warner (D-VA), Mike Rounds (R-SD), and Jack Reed (D-RI) have proposed legislation aimed at sanctioning foreign entities...
FIT for the 21st Century Act would introduce registration requirements for digital asset exchanges, brokers, and custodians, enhance disclosure requirements, and establish a CFTC-SEC...
The looming debt ceiling crisis could undermine the status of the US dollar as the world’s reserve currency, according to House Democrat Jim Himes.
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Lawmakers and regulators on both sides of the Atlantic discuss how to enforce financial sanctions against Russia in the age of decentralized currencies. Cryptocurrencies risk undermining sanctions against Russia, allowing Putin and his cronies to evade economic pain. U.S. financial regulators need to take this threat seriously and increase their scrutiny of digital assets. https://t.co/4lCUNcUC29 […]
Cryptocurrency is under attack from some influential individuals who are bent on sneaking in harmful bills through the U.S. Senate, pushing those bills to be passed as laws, and in this way bringing the entire industry to its knees. The latest effort is through a proposed so-called America COMPETES Act. The proposed bill contains elements […]
A new bill introduced in the U.S. has a provision that “would essentially give the Treasury Secretary unchecked and unilateral power” to ban cryptocurrency transactions, warned crypto advocacy organization Coin Center. Treasury Secretary Janet Yellen will be able to prohibit any crypto transactions “without any process, rulemaking, or limitation on the duration of the prohibition.” […]