Auto Added by WPeMatico

Lawmaker Introduces Defi Bill — Calls Decentralized Finance ‘Essential to Future of Markets’

Congressman Warren Davidson has introduced the Evaluating Defi Opportunities Act to foster data-driven regulations for decentralized finance (defi). He stressed the importance of safeguarding innovation and user privacy while addressing…

Continue ReadingLawmaker Introduces Defi Bill — Calls Decentralized Finance ‘Essential to Future of Markets’

5 lowlights of Gary Gensler’s evasive testimony before Congress

The U.S. SEC chief was asked whether the purchase of Pokemon trading cards is a security transaction and whether Bitcoin is a commodity.

Continue Reading5 lowlights of Gary Gensler’s evasive testimony before Congress

Lawmakers, SEC Commissioner Slam Chair Gensler for Focusing on Crypto Enforcement

Several U.S. lawmakers and a commissioner with the U.S. Securities and Exchange Commission (SEC) have voiced concerns about the securities regulator expanding its crypto enforcement unit. “The SEC is a…

Continue ReadingLawmakers, SEC Commissioner Slam Chair Gensler for Focusing on Crypto Enforcement

8 US Lawmakers Urge SEC to Stop Crippling Crypto, Stifling Innovation

Eight U.S. lawmakers have sent a letter to the chairman of the U.S. Securities and Exchange Commission (SEC) regarding how the agency collects information from crypto companies. According to the…

Continue Reading8 US Lawmakers Urge SEC to Stop Crippling Crypto, Stifling Innovation

Keep Your Coins Act: US Lawmaker Introduces Bill to Protect Privacy in Cryptocurrency Transactions

A U.S. congressman has introduced the “Keep Your Coins Act” in order to “preserve Americans’ right to privacy in transacting with crypto assets.” The lawmaker says, “this legislation would prohibit…

Continue ReadingKeep Your Coins Act: US Lawmaker Introduces Bill to Protect Privacy in Cryptocurrency Transactions

‘Keep Your Coins’ bill introduced to restrict government control of crypto

“Been working on that since 2016. Unbelievable that Congress won’t unite to end the unjust, immoral, and unconstitutional practice of civil asset forfeiture,” said congressman Warren Davidson.

Continue Reading‘Keep Your Coins’ bill introduced to restrict government control of crypto

US Lawmakers See China’s Authoritarian Crackdown on Crypto as Big Opportunity

Several U.S. lawmakers see China’s authoritarian crackdown on cryptocurrency, including bitcoin, as “a perfect opportunity for American leadership on cryptocurrency.” One senator noted that it is “a reminder of our…

Continue ReadingUS Lawmakers See China’s Authoritarian Crackdown on Crypto as Big Opportunity