Generative Data Intelligence

Tag: Pat Toomey

SBF Spars with CZ And Denies ‘Hunting’ Three Arrows

Disgraced FTX CEO Commits to Testifying Before Congress In a flurry of tweets early Friday, former FTX CEO Sam Bankman-Fried sparred with archrival Changpeng Zhao...

FTX Founder Sam Bankman-Fried Agrees To Testify Before US Lawmakers – But There’s a Catch

FTX founder Sam Bankman-Fried is agreeing to testify before US lawmakers next week after previously indicating he would not show up. The disgraced former CEO...

Sam Bankman-Fried misses deadline to respond to Senate Committee hearing

Sam Bankman-Fried, the founder of the now-bankrupt FTX exchange, has missed the deadline set by the U.S. Senate Committee on Banking, Housing, and Urban...

US Senator Calls Sam Bankman-Fried to Answer for Failure of FTX and Alameda Research

Two congressional hearings will be held next week on the collapse of cryptocurrency exchange FTX and U.S. lawmakers have asked former FTX CEO...

Maxine Waters: Subpoena For SBF ‘Definitely On The Table’

Rep. Maxine Waters, chair of the House Financial Services Committee, announced on Wednesday that former FTX CEO Sam Bankman-Fried will be subpoenaed if he...

Senate Committee to Subpoena FTX’s Sam Bankman-Fried If He Does Not Testify

Normally witnesses appear voluntarily, the lawmakers said in the letter. If Bankman-Fried does not confirm his participation by Thursday, "I am prepared, along with...

Disentangling the Crypto Crash of 2022

A reckoning in the digital asset industry that started in June after the collapse of improperly collateralized investment assets gained new urgency in...

Weekly Recap: FTX Files for Bankruptcy, Triggering Contagion Across the Lending Industry

Alameda CEO Confesses to Using Customer Funds While SBF May Have Used a ‘Backdoor’ The New York Times reported that Caroline Ellison, the CEO...

Senators Strive for No Taxes on Small Crypto Transactions

A handful of lawmakers in the U.S. are pushing to do away with crypto taxes on small transactions. Will Crypto Taxes Become a Thing of...

US Lawmakers Push for Urgent Stablecoin Regulation — Fed Warns of Stablecoin Runs, Janet Yellen Cites UST Fiasco

As U.S. lawmakers push for the urgent regulation of stablecoins, the Financial Stability Oversight Council (FSOC) and the Federal Reserve Board warn about the...

U.S Treasury Says Crypto Miners Exempt From IRS Reporting Rules

The U.S. Treasury has clarified that the crypto miners and wallet operators are exempt from the Internal Revenue Service’s reporting rules. In a letter sent to a group of senators on Friday and first seen by Bloomberg, the Treasury addressed concerns that the recently passed infrastructure bill would capture virtually all entities in the crypto […]

The post U.S Treasury Says Crypto Miners Exempt From IRS Reporting Rules appeared first on Coin Bureau.

With Sarah Bloom Raskin Up For Big Fed Role, Will Regulation Turn Against Bitcoin?

With impending confirmation as the country’s top banking supervisor, will Sarah Bloom Raskin implement a bitcoin bias in Federal Reserve regulation?

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