Schiff Introduces ‘DEATH BETS’ Act to Ban Wagering on War and Assassinations

U.S. Sen. Adam Schiff has introduced a bill which aims to ban betting on war, terrorism and death in prediction markets. Risks of Market Manipulation and Insider Trading U.S. Sen. Adam Schiff, D-Calif., has introduced a new bill restricting prediction markets from allowing traders to bet on war, terrorism and death. The legislation, formally titled … Read more

11 US Senators Urge Treasury, DOJ to Probe Binance Over Iran Sanctions Risks

Senate Democrats are urging a federal probe into Binance over alleged sanctions and anti-money laundering violations, intensifying scrutiny of the crypto exchange amid concerns its compliance failures could pose serious U.S. national security risks. Senate Democrats Demand Binance Sanctions Probe U.S. senators sent a letter to the Treasury and Justice Departments on Feb. 27, urging … Read more

Senator Blumenthal Demands Binance Records Over Alleged $1.7B Iran Sanctions Breach

A U.S. Senator has launched a formal Senate Homeland Security Committee inquiry into Binance following reports that the exchange facilitated $1.7 billion in cryptocurrency transfers to Iranian entities linked to terrorism. Investigating the Hong Kong Connection U.S. Sen. Richard Blumenthal, D-Conn., has launched an inquiry into Binance following reports that the platform allegedly facilitated $1.7 … Read more

Sen. Cynthia Lummis Tells Banks to Stop Fighting Stablecoins and Start Using Them

U.S. Sen. Cynthia Lummis urged American banks to embrace stablecoins and digital assets, arguing they represent a new financial product rather than a threat as Congress struggles to advance stalled crypto legislation. Banks should see stablecoins as a way to expand services, not defend turf, Lummis said during a Feb. 6 appearance on Fox Business, … Read more

US Senator Outlines Congress Goals to Reshape Crypto Regulation Framework

A top senator is spearheading efforts to regulate cryptocurrencies, prioritizing clear rules for digital assets to boost innovation, protect consumers, and ensure U.S. global competitiveness. 119th Congress: Senator’s Ambitious Plan to Lead US in Crypto Regulation The U.S. Senate Committee on Banking, Housing, and Urban Affairs announced on Jan. 15 that Chairman Tim Scott has … Read more

US Senator Vows to Reverse Harm SEC’s Gary Gensler Inflicted on Crypto

A U.S. senator vowed to undo SEC Chair Gary Gensler’s crypto policies, backing a nominee expected to champion innovation and create a friendlier regulatory environment. US Lawmaker Pledges Swift Action to Undo Gensler’s Crypto Disruption U.S. Senator Tim Scott (R-S.C.) voiced his support for Paul Atkins’ nomination to a prominent financial regulatory role in a … Read more

US Senator: New Treasury Secretary Will Champion Digital Assets

A senator hails Scott Bessent as a champion for digital assets, backing his Treasury Secretary nomination to advance a Strategic Bitcoin Reserve and reshape U.S. fiscal policy. The Pro-Crypto Leader Poised to Shape US Fiscal Policy U.S. Senator Cynthia Lummis (R-WY) has voiced firm backing for President-elect Donald Trump’s selection of hedge fund manager Scott … Read more

US Senator Discusses Crypto Policies Under Potential Second Trump Administration

U.S. Senator Bill Hagerty discusses key issues including cryptocurrency’s future under a potential second Trump administration, highlighting former President Donald Trump’s pro-crypto stance and criticism of Democratic policies. Hagerty advocates for a supportive ecosystem to foster innovation and decentralized control of digital assets, contrasting with what he describes as the Democrats’ overly centralized approach. ‘We … Read more

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