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Senator Michael Bennet said crypto was not “even as stable as the marijuana industry,” questioning Signature Bank’s ability to service digital asset firms but not dispensaries. Go to Source Powered by WPeMatico
The collapse of Signature Bank, Silicon Valley Bank, and Silvergate Bank has had many in the space reeling — but is the U.S. government trying to “choke off digital assets”? Go to Source Powered by WPeMatico
The industry isn’t having the best of its moments now, but the topic of campaign donations in crypto remains a relatively safe space for innovation. Go to Source Powered by WPeMatico
The four Republican senators sense hints of the Obama administration’s Operation Choke Point that used regulation against disfavored industries. Go to Source Powered by WPeMatico
Congressman Tom Emmer made the anti-central bank digital currency comments to an audience at the Cato Institute, a libertarian think tank in Washington. Go to Source Powered by WPeMatico
According to Mike Belshe, the U.S. SEC’s reluctance to address a “basic” regulatory issue like the issuance of a BTC ETF could have paved the way for FTX’s alleged illicit activities. Go to Source Powered by WPeMatico
“Because of actions taken by this Administration, the United States is at risk of pushing the digital asset ecosystem overseas,” said Republican Financial Services Committee members. Go to Source Powered by WPeMatico
The Lummis-Gillibrand bill is expected to offer regulatory clarity for many crypto projects and determine whether they fall under the purview of the SEC or CFTC. Go to Source Powered by WPeMatico
Representatives Patrick McHenry and Ritchie Torres reportedly plan to reintroduce the Keep Innovation in America Act to address reporting requirements in the infrastructure law. Go to Source Powered by WPeMatico
Crypto mining operators, custodians and Binance personally received a fine doze of the United States officials’ attention last week. Go to Source Powered by WPeMatico
