Senate hearing – DIGIT INFO

Stablecoins and Ether are ‘going to be commodities,’ reaffirms CFTC chair

DIGIT — Thu, 09 Mar 2023 03:37:21 +0000

In the tug-of-war between the US regulators over control of crypto assets, the CFTC chair has triple-downed his stance — that Ether and stablecoins are commodities.

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Fed Chair Powell on Crypto: We See Turmoil, Fraud, Lack of Transparency, Run Risk

DIGIT — Wed, 08 Mar 2023 00:30:02 +0000

Federal Reserve Chairman Jerome Powell has outlined several risks related to crypto activities during a hearing before the Senate Committee on Banking, Housing, and Urban Affairs. While stating that the Fed sees turmoil, fraud, a lack of transparency, and run risk in the crypto space, he stressed: “We don’t want regulation to stifle innovation.” Fed […]

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US Senator Calls Sam Bankman-Fried to Answer for Failure of FTX and Alameda Research

DIGIT — Fri, 09 Dec 2022 02:30:36 +0000

Two congressional hearings will be held next week on the collapse of cryptocurrency exchange FTX and U.S. lawmakers have asked former FTX CEO Sam Bankman-Fried (SBF) to testify. As the founder of FTX and Alameda Research, “you must answer for the failure of both entities that was caused, at least in part, by the clear […]

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Senate hearing – DIGIT INFO

​​Stablecoins and Ether are ‘going to be commodities,’ reaffirms CFTC chair

Fed Chair Powell on Crypto: We See Turmoil, Fraud, Lack of Transparency, Run Risk

US Senator Calls Sam Bankman-Fried to Answer for Failure of FTX and Alameda Research

Stablecoins and Ether are ‘going to be commodities,’ reaffirms CFTC chair