Crypto Oversight Concerns: State Regulators Warn Market Structure Bill May Hi...
Multiple state authorities shared concerns about the upcoming crypto market structure legislation and its impact on their ability to prosecute fraudsters in crimes related to digital assets. Related Reading: Thailand To Expand Crypto ETF Lineup Beyond Bitcoin In Early 2026 – Report State Regulators Sound The Alarm Over Crypto Bill Regulators from Alabama to Montana […]
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The U.S. Senate is pushing forward with a new crypto market structure bill, but growing tensions are emerging over how the legislation is being shaped. Related Reading: Kyrgyzstan Pushes National Bitcoin Reserve With State Mining Plan Senator Elizabeth Warren (D-MA) has raised sharp concerns about the lack of transparency in the crypto bill process, accusing […]
One of the pressures in the crypto market is regulation. Many countries’ regulators are consistent in supporting the control and monitoring of crypto assets. These regulators always create laws to manage the industry and protect investors’ funds. California and New York are taking the lead in global crypto regulations. For instance, crypto companies in New York currently operate under a law mandating them to get a “BitLicense” before offering virtual asset services. The law has become operational in the State, although the current mayor Eric Adams is not supportive....
Conference of State Bank Supervisors (CSBS) is a 100-year-old trade organization for state regulators that primarily concerns itself with representing state regulators interests and dealing with issues facing the industry to federal and state authorities. One of their primary invitations is advocating consistent regulations among the financial industry from state to state. The organization announced a new focus on emerging financial technologies in February of 2014. They formed a task force for emerging payment systems whose purpose was to research and develop regulations for those new....
Senator John Kennedy, a Republican member of the Senate Banking Committee, has raised significant concerns regarding the advancement of a much-anticipated cryptocurrency market structure bill. In recent remarks, Kennedy emphasized that lawmakers should not fast-track the process of passing the bill, casting uncertainty over the timeline promised by Committee Chair Tim Scott. Concerns Over Readiness […]
The NY state assembly needs to approve any bill or propose amendments before it can be signed into law by Governor Andrew Cuomo. A bill which would have required miners in New York to halt operations for three years as part of an apparent effort to slow the environmental impact of crypto has been defeated in the state legislature.New York Senate Bill 6486 failed to pass the state assembly today after lawmakers in the Democrat-controlled state senate approved the legislation earlier this week. The bill was aimed at establishing “a moratorium on the operation of cryptocurrency mining....