Senators Slam Stablecoins in Latest Push For Tighter Regulations
Massachusetts Senator Elizabeth Warren is leading the charge against crypto once again. In a video posted on Dec. 15, she said that stablecoins pose risks to consumers and the economy…
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Crypto CEOs and Their Testimonies During Today’s Congressional Hearing
Today, a major hearing took place on Capitol Hill titled “Digital Assets and the Future of Finance: Understanding Innovation in the United States.” It featured top crypto industry CEOs, including…
AOC Says She Doesn’t Hold Bitcoin so the Lawmaker ‘Can Do Her Job Ethically’
Alexandria Ocasio-Cortez, otherwise known as AOC, is a New York representative well known for her political stances and statements. The Democrat believes that it is “absolutely wild” that U.S. representatives…
Industry Executives Head to Congress to Clarify Crypto
Congresswoman Maxine Waters, Chairwoman of the House Committee on Financial Services, announced that the hearing will take place on Dec. 8. Titled “Digital Assets and the Future of Finance: Understanding…
Senator Lummis Slams Hillary Clinton, Advocates For Stabilizing US Dollar Using Bitcoin
Cynthia Lummis – Republican Senator for Wyoming – recently fired back at Hillary Clinton for deriding cryptocurrencies. She suggested that Bitcoin offers a hard money solution to the US dollar’s…
Senator Toomey Promises to Fix Flawed Crypto Brokerage Language In Infrastructure Bill
Pat Toomey – Senator and ranking member of the Senate Banking Committee – is not finished fighting the infrastructure bill. He recently vowed to fix flawed language within the legislation…
US Senator Proposes Congress Adopt Cryptocurrency for Payments
U.S. Senator Ted Cruz has introduced a resolution that would position Congress to lead in the area of cryptocurrency by having congressional cafeterias, vending machines, and gift shops accept crypto…
The US Government Has Released Its Stablecoin Report
Gary Gensler – chairman of the Securities and Exchange Commission (SEC) – recently revealed the US government’s completed stablecoin report. It outlines risks associated with such tokens and provides “prudential”…
US Lawmakers Urge Fed Chair Jerome Powell to Support Crypto Innovation
Several U.S. lawmakers have called on Federal Reserve Chairman Jerome Powell to support cryptocurrency innovation. “The Federal Reserve must work to support domestic innovation … Our government should never be…
U.S. Congress to Vote on Controversial Infrastructure Bill This Week
The $1 trillion bipartisan infrastructure bill will be put to the vote on Sept. 30, and the House Speaker is confident it will pass. In a letter released by her…