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. Go to Source Powered by WPeMatico
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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. Go to Source Powered by WPeMatico
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 … Read more
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. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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 … Read more
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 … Read more
4 legislative predictions for crypto in 2023
We may not see much from Congress, but there is a chance the SEC will continue making crypto policy via litigation. Go to Source Powered by WPeMatico
Crypto’s regulatory fate will be decided in the year ahead
Congress is set to take up a slew of legislative proposals in 2023 that will determine which regulators have chief domain over cryptocurrency. Go to Source Powered by WPeMatico
