Elizabeth Warren’s anti-crypto stance continues to draw criticisms from within the industry.
Congress News
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Federal Reserve Chair Jerome Powell says the U.S. is a “long way” from launching one, and even if it did, it wouldn’t spy on users.
2985The Chamber of Digital Commerce claimed Senators Elizabeth Warren and Sherrod Brown were “trying to kill the entire industry” with the Digital Asset Anti-Money Laundering Act.
14253Representative French Hill challenged aspects of a bill amending the Bank Secrecy Act, implying that requirements would be impossible to apply to crypto miners and validators.
4950Palestinian militant groups, including Hamas, still prefer “traditional products and services,” says U.S. Treasury official Brian Nelson.
6319Eighty individuals signed onto a Blockchain Association letter to U.S. lawmakers saying digital assets were “pivotal” to the country’s strategic advantage.
6348The U.S. Securities and Exchange Commission admitted to not being “accurate and candid” in its filings related to Debt Box, later petitioning the court to drop the case.
5342In a hearing of the House Financial Services Committee, Janet Yellen said there should be a regulatory approach on stablecoins applicable to all U.S. states.
6362U.S. Representatives Mike Flood, Wiley Nickel, as well as Senator Cynthia Lummis submitted similar resolutions to strip the SEC’s Accounting Bulletin of its force and effect.
3839The U.S. House Financial Services Committee passed the Financial Innovation and Technology for the 21st Century Act and the Clarity for Payment Stablecoins Act in July 2023.
8452The United States congresswoman wants to know what Mark Zuckerberg's Meta is planning to do with its five crypto-related trademark filings lodged with the USPTO.
2850Hiring policy is none of the senator’s business and lobbying is freedom of speech, Coin Center director Jerry Brito reminded her.
5836Senators Ron Wyden and Cynthia Lummis questioned the SEC’s lack of multifactor authentication and phishing-resistant hardware tokens for its X account.
6729According to the announcement, this bipartisan working group builds on the work of the Task Force on Artificial Intelligence in the 116th and 117th Congresses.
1844Representative Mike Collins, who disclosed he had purchased up to $45,000 in Ether in 2023, reported up to $65,000 across two ETH buys in 2024.
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