Law Decoded: Putting your Bitcoin where your mouth is, Oct. 4–11
Debt ceiling uncertainty erodes trust in the dollar, DOJ announcements the National crypto enforcement team, SEC investigates Circle. Go to Source Powered by WPeMatico
Congress
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Pro-crypto senator Cynthia Lummis discloses up to $100K BTC purchase
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: No Plan to Ban Crypto, It’s up to Congress
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
US Senator Warren introduces bill to study crypto’s role in ransomware
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
Law Decoded: Infrastructure woes and benevolent punishments, Sept. 27–Oct. 3
As House Democrats grapple over the infrastructure bill, the Biden administration and Federal Reserve eye stablecoin regulation. Go to Source Powered by WPeMatico
The infrastructure bill is hanging in the balance. What would its enactment mean for crypto?
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
Law Decoded: US as anatomical theater of crypto regulation, Sept. 13–20
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
Treasury attempts to squeeze further crypto-related data sharing provisions in budget bill: Roll Call
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
Let’s be clear: Blockchain technology is infrastructure
With continued dialogue between the blockchain industry and the U.S. Congress, there is still hope that regulatory legislation will arrive at a mutually beneficial resolution. Go to Source Powered by WPeMatico
Coinbase warns infrastructure bill’s crypto provisions could impact 20% of US population
Coinbase’s global tax VP has slammed Congress for the controversial crypto tax provisions rushed into the infrastructure deal, warning the bill could impact 60 million Americans. Go to Source Powered by WPeMatico