Sen. Warren Questions Trump’s SEC Chair Pick About Crypto Regulations Ahead O...
US Senator Elizabeth Warren sent a letter to Securities and Exchange Commission (SEC) Chairman nominee Paul Atkins questioning his call for less strict crypto regulations and potential conflicts of interest. The inquiry precedes his upcoming Senate Banking Committee hearing. Related Reading: US Treasury Faces Backlash Over Attempt To Dismiss Tornado Cash Case Without Final Ruling […]
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President Trump’s pick for Chairman of the Commodity Futures Trading Commission (CFTC) has accused the founders of crypto exchange Gemini of interfering with his confirmation process following a key conversation from two months ago. Related Reading: Nasdaq Set To Invest $50 Million In Crypto Exchange Gemini’s IPO – Report CFTC Nominee Shares Texts With Gemini […]
Martin Gruenberg was the FDIC’s acting chair while the agency issued cease-and-desist orders to crypto firms and suggested that payment stablecoins merited further consideration. United States President Joe Biden announced he would be nominating Federal Deposit Insurance Corporation (FDIC) Acting Chair Martin Gruenberg to assume the position as part of a five-year term.In a Nov. 14 announcement, President Biden said he intended to nominate Gruenberg, who has previously served as acting FDIC chair from 2005 to 2006, 2011 to 2012, and from February 2022 to the present. Gruenberg assumed the....
U.S. Senator Elizabeth Warren has been a known crypto adversary. She claims Bitcoin and cryptocurrencies have a negative impact on the environment and facilitate cyber-attacks. She has taken a new step that could change this industry. In a letter to the U.S. Securities and Exchange Commission (SEC) Chairman, Gary Gensler, Warren called for “properly” regulations […]
Fed nominee Michael Barr said that the government agency potentially releasing a central bank digital currency was an issue that required “a lot more thought and study." Michael Barr, a law professor and former advisory board member of Ripple Labs who is United States President Joe Biden’s pick for vice chair for supervision at the Federal Reserve, called for U.S. lawmakers to regulate stablecoins in an effort to address “financial stability risks.”In a confirmation hearing before the Senate Banking Committee on Thursday, Barr said innovative technologies including cryptocurrencies had....
Based on reports, Senators Elizabeth Warren and Elissa Slotkin have asked three federal agencies to open probes into what they call a troubling $2 billion crypto transaction linked to US President Donald Trump’s family. Related Reading: WLFI Expands Into Payments: Debit Card + Apple Pay On The Way The letter, sent to the State Department, […]