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3232US Lawmaker: FTX Collapse Isn’t a Crypto Failure — It’s a Failure of SEC, Bankman-Fried, Centralized Finance
https://www.digit.info/us-lawmaker-ftx-collapse-isnt-a-crypto-failure-its-a-failure-of-sec-bankman-fried-centralized-finance/
Wed, 23 Nov 2022 23:00:11 +0000https://www.digit.info/2022/11/23/us-lawmaker-ftx-collapse-isnt-a-crypto-failure-its-a-failure-of-sec-bankman-fried-centralized-finance/Read more]]>U.S. Congressman Tom Emmer says the FTX meltdown is not a crypto failure but a failure with SEC Chairman Gary Gensler, former FTX CEO Sam Bankman-Fried, and centralized finance. “We need to get to the bottom of this. We need to understand why Gary Gensler and the SEC were not doing their job,” the lawmaker […]
]]>US Lawmaker Says ‘Too Much Money and Power’ Behind Crypto to Ban It
https://www.digit.info/us-lawmaker-says-too-much-money-and-power-behind-crypto-to-ban-it/
Mon, 05 Sep 2022 01:00:12 +0000https://www.digit.info/2022/09/05/us-lawmaker-says-too-much-money-and-power-behind-crypto-to-ban-it/Read more]]>U.S. Representative Brad Sherman says Congress has not banned crypto because “there’s too much money and power behind it.” He elaborated: “Money for lobbying and money for campaign contributions works, or people wouldn’t do it, and that’s why we haven’t banned crypto.” US Lawmaker on Regulation and Why Congress Won’t Ban Crypto Congressman Brad Sherman […]
]]>US Lawmaker Slams SEC for Not Regulating in Good Faith — ‘Under Chair Gensler, SEC Has Become Power-Hungry’
https://www.digit.info/us-lawmaker-slams-sec-for-not-regulating-in-good-faith-under-chair-gensler-sec-has-become-power-hungry/
Thu, 21 Jul 2022 18:00:06 +0000https://www.digit.info/2022/07/21/us-lawmaker-slams-sec-for-not-regulating-in-good-faith-under-chair-gensler-sec-has-become-power-hungry/Read more]]>A U.S. congressman has slammed the Securities and Exchange Commission (SEC) and Chair Gary Gensler for cracking down on companies outside the SEC’s jurisdiction. The SEC “is not regulating in good faith,” he said, adding that “Under Chair Gensler, the SEC has become a power-hungry regulator.” Rep. Emmer Slams SEC and Chair Gensler The director […]
]]>US Lawmaker Says Bitcoin Is Aligned With American Values, Will Strengthen the Dollar
https://www.digit.info/us-lawmaker-says-bitcoin-is-aligned-with-american-values-will-strengthen-the-dollar/
Sat, 19 Mar 2022 11:30:40 +0000https://www.digit.info/2022/03/19/us-lawmaker-says-bitcoin-is-aligned-with-american-values-will-strengthen-the-dollar/Read more]]>U.S. Congressman Pete Sessions says bitcoin is aligned with American values and will strengthen the U.S. dollar. The lawmaker further noted that the cryptocurrency “is trending to be a more resilient alternative option to hedge against fiat-currency inflation.” Rep. Pete Sessions Sees Merit in Bitcoin U.S. Representative Pete Sessions tweeted about bitcoin several times this […]
]]>Keep Your Coins Act: US Lawmaker Introduces Bill to Protect Privacy in Cryptocurrency Transactions
https://www.digit.info/keep-your-coins-act-us-lawmaker-introduces-bill-to-protect-privacy-in-cryptocurrency-transactions/
Sat, 19 Feb 2022 01:30:52 +0000https://www.digit.info/2022/02/19/keep-your-coins-act-us-lawmaker-introduces-bill-to-protect-privacy-in-cryptocurrency-transactions/Read more]]>A U.S. congressman has introduced the “Keep Your Coins Act” in order to “preserve Americans’ right to privacy in transacting with crypto assets.” The lawmaker says, “this legislation would prohibit any federal agency from promulgating a rule that would impair a person’s ability to act as self-custodian.” US Lawmaker Seeks to Protect Privacy in Crypto […]
]]>US Lawmaker Launches Bill to Prohibit the Fed From Issuing Digital Currency Directly to Individuals
https://www.digit.info/us-lawmaker-launches-bill-to-prohibit-the-fed-from-issuing-digital-currency-directly-to-individuals/
Fri, 14 Jan 2022 00:00:26 +0000https://www.digit.info/2022/01/14/us-lawmaker-launches-bill-to-prohibit-the-fed-from-issuing-digital-currency-directly-to-individuals/Read more]]>A U.S. lawmaker has introduced a bill in Congress to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals. “It is important to note that the Fed does not, and should not, have the authority to offer retail bank accounts,” he stressed. Bill Introduced to Prohibit the Fed From […]
]]>US Congressman Calls for Law Allowing Government to Reverse Cryptocurrency Transactions
https://www.digit.info/us-congressman-calls-for-law-allowing-government-to-reverse-cryptocurrency-transactions/
Wed, 30 Jun 2021 23:30:23 +0000https://www.digit.info/2021/06/30/us-congressman-calls-for-law-allowing-government-to-reverse-cryptocurrency-transactions/Read more]]>A U.S. congressman has called for a law that allows the government to identify cryptocurrency users and reverse crypto transactions. “There’s a significant sentiment, increasing sentiment, in Congress that if you’re participating in an anonymous crypto transaction that you’re a de-facto participant in a criminal conspiracy,” he said. Rep. Bill Foster Stresses the Need for […]
]]>US Congress Will Not Pass Cryptocurrency Legislation Anytime Soon, Says Lawmaker
https://www.digit.info/us-congress-will-not-pass-cryptocurrency-legislation-anytime-soon-says-lawmaker/
Mon, 24 May 2021 16:00:54 +0000https://www.digit.info/2021/05/24/us-congress-will-not-pass-cryptocurrency-legislation-anytime-soon-says-lawmaker/Read more]]>U.S. Congressman Jim Himes says that Congress is not ready to pass cryptocurrency legislation anytime soon, citing a lack of deep understanding of cryptocurrencies among lawmakers. “There’s going to be a lot of discussion in the coming years about ways to regulate” cryptocurrencies, said the congressman. Crypto Legislation Not Expected From Congress Anytime Soon U.S. […]
]]>US Lawmaker Pushes for Safe Harbor Legislation to Protect Crypto Investors With Forked Coins
https://www.digit.info/us-lawmaker-pushes-for-safe-harbor-legislation-to-protect-crypto-investors-with-forked-coins/
Thu, 20 May 2021 13:30:12 +0000https://www.digit.info/2021/05/20/us-lawmaker-pushes-for-safe-harbor-legislation-to-protect-crypto-investors-with-forked-coins/Read more]]>US Congressman Tom Emmer is pushing for safe harbor legislation to protect taxpayers with forked coins. A bill entitled “Safe Harbor for Taxpayers with Forked Assets Act of 2021” has been introduced to prohibit “penalties against taxpayers attempting to report certain gains or losses on ‘forked assets’ until the IRS issues sufficient guidance on how […]
]]>US Lawmaker Warns Treasury Secretary and Fed Chair Not to Ignore Bitcoin or America Will Fall Behind
https://www.digit.info/us-lawmaker-warns-treasury-secretary-and-fed-chair-not-to-ignore-bitcoin-or-america-will-fall-behind/
Sun, 18 Apr 2021 21:15:53 +0000https://www.digit.info/2021/04/18/us-lawmaker-warns-treasury-secretary-and-fed-chair-not-to-ignore-bitcoin-or-america-will-fall-behind/Read more]]>Congressman Kevin McCarthy has urged Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell not to ignore bitcoin like they have been trying to do. He believes it is the future, emphasizing, “I do not want America to fall behind” other countries. Government and the Fed Should Not Ignore Bitcoin GOP leader Kevin McCarthy […]
U.S. Congressman Tom Emmer says the FTX meltdown is not a crypto failure but a failure with SEC Chairman Gary Gensler, former FTX CEO Sam Bankman-Fried, and centralized finance. “We need to get to the bottom of this. We need to understand why Gary Gensler and the SEC were not doing their job,” the lawmaker […]
U.S. Representative Brad Sherman says Congress has not banned crypto because “there’s too much money and power behind it.” He elaborated: “Money for lobbying and money for campaign contributions works, or people wouldn’t do it, and that’s why we haven’t banned crypto.” US Lawmaker on Regulation and Why Congress Won’t Ban Crypto Congressman Brad Sherman […]
A U.S. congressman has slammed the Securities and Exchange Commission (SEC) and Chair Gary Gensler for cracking down on companies outside the SEC’s jurisdiction. The SEC “is not regulating in good faith,” he said, adding that “Under Chair Gensler, the SEC has become a power-hungry regulator.” Rep. Emmer Slams SEC and Chair Gensler The director […]
U.S. Congressman Pete Sessions says bitcoin is aligned with American values and will strengthen the U.S. dollar. The lawmaker further noted that the cryptocurrency “is trending to be a more resilient alternative option to hedge against fiat-currency inflation.” Rep. Pete Sessions Sees Merit in Bitcoin U.S. Representative Pete Sessions tweeted about bitcoin several times this […]
A U.S. congressman has introduced the “Keep Your Coins Act” in order to “preserve Americans’ right to privacy in transacting with crypto assets.” The lawmaker says, “this legislation would prohibit any federal agency from promulgating a rule that would impair a person’s ability to act as self-custodian.” US Lawmaker Seeks to Protect Privacy in Crypto […]
A U.S. lawmaker has introduced a bill in Congress to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals. “It is important to note that the Fed does not, and should not, have the authority to offer retail bank accounts,” he stressed. Bill Introduced to Prohibit the Fed From […]
A U.S. congressman has called for a law that allows the government to identify cryptocurrency users and reverse crypto transactions. “There’s a significant sentiment, increasing sentiment, in Congress that if you’re participating in an anonymous crypto transaction that you’re a de-facto participant in a criminal conspiracy,” he said. Rep. Bill Foster Stresses the Need for […]
U.S. Congressman Jim Himes says that Congress is not ready to pass cryptocurrency legislation anytime soon, citing a lack of deep understanding of cryptocurrencies among lawmakers. “There’s going to be a lot of discussion in the coming years about ways to regulate” cryptocurrencies, said the congressman. Crypto Legislation Not Expected From Congress Anytime Soon U.S. […]
US Congressman Tom Emmer is pushing for safe harbor legislation to protect taxpayers with forked coins. A bill entitled “Safe Harbor for Taxpayers with Forked Assets Act of 2021” has been introduced to prohibit “penalties against taxpayers attempting to report certain gains or losses on ‘forked assets’ until the IRS issues sufficient guidance on how […]
Congressman Kevin McCarthy has urged Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell not to ignore bitcoin like they have been trying to do. He believes it is the future, emphasizing, “I do not want America to fall behind” other countries. Government and the Fed Should Not Ignore Bitcoin GOP leader Kevin McCarthy […]