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U.S. Senator Cynthia Lummis said, “Thank God for bitcoin,” during her speech to the Senate about raising the U.S. debt limit. “Bitcoin is not issued by a government, so it is not beholding to the debts that are run up by governments,” she explained. US Senator to Congress: ‘Thank God for Bitcoin’ Senator Cynthia Lummis … Read more
Bitcoin should be there to allow people to save in the event of governments fail, Senator Cynthia Lummis said. Go to Source Powered by WPeMatico
Debt ceiling uncertainty erodes trust in the dollar, DOJ announcements the National crypto enforcement team, SEC investigates Circle. Go to Source Powered by WPeMatico
The Republican lawmaker from Wyoming has been a vocal supporter of Bitcoin and blockchain technology in Congress. Go to Source Powered by WPeMatico
SEC Chairman Gary Gensler says that the SEC has no plan to ban cryptocurrencies as China has done. He noted that it would be up to Congress to make such a decision. Recently, Federal Reserve Chairman Jerome Powell similarly said that the Fed had no intention to ban or limit the use of cryptocurrencies. SEC … Read more
The Ransom Disclosure Act aims to help the Department of Homeland Security gather critical data on ransom payments in cryptocurrency and fiat. Go to Source Powered by WPeMatico
As House Democrats grapple over the infrastructure bill, the Biden administration and Federal Reserve eye stablecoin regulation. Go to Source Powered by WPeMatico
Hinging on Democrats’ ability to resolve intraparty disagreements, the controversial legislation could have tangible consequences for digital finance in the U.S. and beyond — if passed by the House today. Go to Source Powered by WPeMatico
Gary Gensler gets grilled on Capitol Hill as crypto looms large on national political agendas from Cuba to South Korea. Go to Source Powered by WPeMatico
Further requirements on crypto firms could be on the way as the administration is looking for new revenue streams. Go to Source Powered by WPeMatico
