Biden misses chance to ‘correct’ position on crypto — Senator Lummis
United States Senator Cynthia Lummis claims that US President Joe Biden “doubled down on his administration’s failed policies.” Go to Source
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Sens. Lummis, Wyden oppose Justice Dept. stance on Tornado Cash charges
If the Justice Dept. prevails in the case against the cryptocurrency mixer, internet service providers and the post office may also be liable to transmitter requirements, they said. Go to Source
Senate Urged to Swiftly Overturn SEC’s ‘Misguided’ Crypto Rules
Following the U.S. House of Representatives passing a resolution to overturn the SEC’s Staff Accounting Bulletin 121 (SAB 121), Senator Cynthia Lummis has urged the Senate to do the same. The resolution aims to prevent regulatory overreach that makes it prohibitive for financial institutions to hold customers’ digital assets. Critics, including House Financial Services Committee … Read more
Wyoming Senator Slams DOJ’s Take on Non-Custodial Crypto Software, Vows to Protect User Rights
Wyoming’s Republican Senator Cynthia Lummis has responded to the Department of Justice’s (DOJ) latest argument regarding non-custodial software. Lummis’s remarks follow the DOJ’s reply brief on the indictment against Tornado Cash developer Roman Storm’s motion to dismiss. Senator Lummis Questions DOJ’s Non-Custodial Wallet Stance, Cites Legal Misinterpretations Senator Cynthia Lummis, a staunch advocate of cryptocurrency, … Read more
Weekend Wrap: Uniswap dev sacked for alleged rug, Steadefi hacker goes mixing and more
Uniswap developer AzFlin has admitted to creating the FRENS token but has argued what he did doesn’t constitute a rug pull. Go to Source
Ripple case: SEC appeal unlikely as it gains from ‘current confusion’ — Haun Ventures CEO
An immediate appeal could potentially jeopardize the SEC’s “entire enforcement agenda” if it ends up losing, said Katie Haun of Haun Ventures. Go to Source Powered by WPeMatico
Is Biden’s controversial Bitcoin mining tax dead or set to rise from the ashes?
References to the tax were removed from the U.S. debt bill, but that doesn’t mean it’s gone for good. Go to Source Powered by WPeMatico
Bitcoin cleans up the environment and helps catch criminals: US Senator Cynthia Lummis
U.S. Senator Cynthia Lummis joined Chamber of Digital Commerce CEO Perianne Boring on stage at Bitcoin Miami 2023 for a lengthy discussion on regulation. Go to Source Powered by WPeMatico
Senators slam bank execs for blaming collapses on crypto, pocketing millions
Senator Lummis noted that Signature Bank’s Scott Shay mentioned digital assets 10 times in his testimony about the bank’s collapse. Go to Source Powered by WPeMatico
Congressman McHenry announces joint hearings to address market structure around digital assets
Patrick McHenry suggested that the hearings will look to add to the regulatory efforts being done on the bipartisan bill led by Senator Cynthia Lummis and Senator Kirsten Gillibrand. Go to Source Powered by WPeMatico