senator elizabeth warren – DIGIT INFO

Cybersecurity expert backs Sen. Warren’s crypto bill in senate hearing

DIGIT — Sat, 18 Nov 2023 05:08:20 +0000

In a recent senate hearing, a cybersecurity professional openly endorsed United States Senator Elizabeth Warren’s Digital Asset Anti-Money Laundering Act.

Go to Source

US banking advocacy group supports Sen. Warren’s reintroduced crypto bill

DIGIT — Sat, 29 Jul 2023 07:50:21 +0000

According to the Bank Policy Institute, the inclusion of digital assets in the anti-money laundering framework is essential to safeguard the United States’ financial system and protect the nation from illicit finance.

Go to Source

Georgia Rep. Marjorie Taylor Greene Criticizes Fednow Project, Pushes for Return to Gold Standard

DIGIT — Thu, 06 Apr 2023 17:30:14 +0000

On Wednesday, Marjorie Taylor Greene (MTG), a Republican member of the U.S. House of Representatives, shared an article about the Federal Reserve’s Fednow project and criticized the central bank’s digital currency efforts. The representative from Georgia insisted that the U.S. should return to the “gold standard” and said she’s taking a “hard pass” on digital […]

Go to Source

US Senator Focused on Crypto Money Laundering Crackdown — Urges Congress, Regulators to Take Action

DIGIT — Mon, 30 Jan 2023 00:30:58 +0000

U.S. Senator Elizabeth Warren has called on Congress to ensure regulators, such as the Securities and Exchange Commission (SEC), have the tools to regulate the crypto industry effectively and crack down on crypto money laundering activities. “The current legal structure essentially holds up a giant sign over crypto that says, money laundering done here,” the […]

Go to Source

US Lawmakers Probe SEC, Treasury, Federal Reserve Over Revolving Door With Crypto Industry

DIGIT — Sun, 30 Oct 2022 02:00:58 +0000

U.S. lawmakers have raised concerns about the revolving door between financial regulators and the crypto industry. “Over 200 government officials have moved between public service and crypto firms,” the lawmakers said, adding that they include 31 Treasury Department officials and 28 Securities and Exchange Commission (SEC) officials. Revolving Door Between Financial Regulators, Like SEC, and […]

Go to Source

Fidelity will ‘shift’ retail customers into crypto soon, says Galaxy CEO

DIGIT — Tue, 13 Sep 2022 05:55:23 +0000

While Fidelity hasn’t yet confirmed rumors it will launch retail Bitcoin trading, the firm said enabling broader access to digital assets remained a key area of focus.

Go to Source

Senator Warren ‘Very Worried’ About Federal Reserve Raising Interest Rates, Tipping US Economy Into Recession

DIGIT — Tue, 30 Aug 2022 02:00:01 +0000

U.S. Senator Elizabeth Warren says she is “very worried” that the Federal Reserve will tip the economy into recession. “There is nothing in raising the interest rates, nothing in Jerome Powell’s tool bag that deals directly with” the causes of inflation, she explained. Senator Elizabeth Warren on Inflation and the Fed Raising Interest Rates U.S. […]

Go to Source

Senator Elizabeth Warren Demands Answers From Fidelity for Allowing Bitcoin in Retirement Plans

DIGIT — Sat, 07 May 2022 00:30:06 +0000

Two U.S. senators, including Elizabeth Warren, have sent a letter to Fidelity Investments demanding answers regarding the company’s decision to allow bitcoin investments in 401(k) retirement plans. “Investing in cryptocurrencies is a risky and speculative gamble, and we are concerned that Fidelity would take these risks with millions of Americans’ retirement savings,” the lawmakers wrote. […]

Go to Source

US Senators Introduce Crypto Sanctions Bill — Expert Says It’s Overbroad, Unconstitutional

DIGIT — Sat, 19 Mar 2022 01:30:11 +0000

U.S. Senator Elizabeth Warren and 10 other lawmakers have introduced the “Digital Asset Sanctions Compliance Enhancement Act of 2022.” The bill “would place sweeping restrictions on persons who build, operate, and use cryptocurrency networks even if they have no knowledge or intent to help evade sanctions,” an expert said. Lawmakers Unveil Digital Asset Sanctions Compliance […]

Go to Source

US Senator Urges Regulators to Increase Scrutiny on Crypto as It Risks Undermining Sanctions Against Russia

DIGIT — Thu, 03 Mar 2022 04:00:50 +0000

U.S. Senator Elizabeth Warren is worried that “cryptocurrencies risk undermining sanctions against Russia.” She urges financial regulators “to take this threat seriously and increase their scrutiny of digital assets.” Senator Elizabeth Warren Worried Russia Could Use Cryptocurrency to Evade Sanctions As governments worldwide are placing sanctions on Russia following its invasion of Ukraine, U.S. Senator […]

Go to Source