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Rep. Maxine Waters gave Janet Yellen and Gary Gensler a deadline of June 30 to respond to her requests on the “Digital Asset Market Structure” bill proposed by Republican lawmakers.
The U.S. SEC was at the top of BlockFi creditor’s list with a $30-million settlement balance from February 2022.
Maxine Waters did not specifically mention crypto in the proposed legislation, drafted in response to the collapse of Silicon Valley Bank, Signature Bank, and First Republic Bank.
The U.S. SEC is issuing a spate of regulatory actions against major exchanges, including the world’s largest digital asset exchange, Binance.
Despite warning about Bitcoin’s “worthlessness,” China has apparently never prohibited its citizens from HODLing the cryptocurrency.
The U.S. president will meet with AI experts to discuss safety, policy and opportunities while he’s in San Francisco.
According to Rep. Maxine Waters, granting crypto firms provisional registration under a proposed framework "could reward bad actors with a ‘get out of jail free’ card".
The governor of Florida wants to defend people’s right to “do Bitcoin.”
The Binance CEO is rumored to be in Dubai, but with no known base of operations, the SEC wants permission to serve his lawyers on his behalf.
Bittrex owes $29 million on penalties for sanctions violations and may still face penalties in a case brought by the SEC.