Congress – Page 13

US senator behind efforts to pass major crypto bill won’t seek re-election

Senator Debbie Stabenow was one of the lawmakers behind introducing the Digital Commodities Consumer Protection Act in August.

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US Congress investigations into FTX are in limbo without a House Speaker

With no leadership elected to the House of Representatives, efforts to address fraud allegations at FTX or legislate crypto may be delayed indefinitely.

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Indicted FTX Co-Founder Sam Bankman-Fried Discussed ‘Pandemic Prevention’ With Biden Administration Officials

According to public filings, former crypto billionaire and FTX co-founder Sam Bankman-Fried met with senior Biden administration officials before he was indicted for financial fraud. When asked about the visits, White House press secretary Karine Jean-Pierre told the press the meetings involved discussions about “pandemic prevention.” Senior White House Staff Met With Former Billionaire Sam […]

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100 crypto lobbyists prepare for the fight of their lives as Congress resumes

Battle lines are being drawn over crypto in Congress but industry executives remain optimistic.

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US lawmakers could consider stock trading ban in next session of Congress

All members of Congress are already required to report most investments in stocks and cryptocurrency, but many have pointed to potential conflicts of interest.

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US lawmakers under pressure following FTX collapse: Report

In response to FTX’s fall, United States lawmakers are reevaluating the crypto industry’s regulatory needs for 2023.

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President of Brazil Sanctions Cryptocurrency Law

President Jair Bolsonaro has approved law 14.478, which regulates cryptocurrency-related operations and virtual asset service providers (VASPs) in Brazil. The document, approved on the last day of the period allowed, will begin to be applied 180 days after its sanction. This will give all parties a period to adapt to compliance. Cryptocurrency Law Finally Sanctioned […]

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US Lawmaker Suggests ‘Maybe’ Crypto Should Be Banned Citing Bigger Issues Than FTX

A U.S. senator has suggested that cryptocurrency should “maybe” be banned following the collapse of crypto exchange FTX. However, he acknowledged that banning crypto “is very difficult because it will go offshore and who knows how that will work.” Senator Sherrod Brown Suggests Banning Crypto U.S. Senator Sherrod Brown (D-Ohio), the chairman of the Senate […]