DC Crypto Summit Turns Tense: Senators Confront CEOs Over Alleged Political A...
On Wednesday, several crypto industry CEOs participated in a roundtable discussion with Senate Democrats. The discussion focused on the Market Structure bill and the Democratic Party’s request for specific provisions in the GENIUS Act, which has already been signed into law by President Trump. However, sources cited by market experts indicate that tensions escalated during […]
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A new Australian political party has proposed the introduction of a token-based political system based on the concept of decentralised blockchain technology. Called the Flux Party, the new entity has already attracted more than the 500 members it needs to potentially place senate candidates on ballots in all the country's states. However, the party's immediate goal is to try and elect six senators, according to Reuters. Notably, the Flux Party will be free of its own policies, instead opting for its senators to vote for or against legislation at the bidding of token holders. Party....
Two U.S. senators are working on a bipartisan, broad-based regulatory framework for cryptocurrency. “The work we’re doing is going to be a very complex and intensive review of the different aspects of this industry,” said one of the senators.
US Senators to Introduce Comprehensive Framework to Regulate Crypto Industry
U.S. Senators Kirsten Gillibrand (D-N.Y.) and Cynthia Lummis (R-Wyo.) are working together on “a broad-based regulatory framework” for how the crypto industry should be regulated, they explained Thursday at a Politico Live....
A major shift is coming to the US government’s approach to cryptocurrency. United States President Donald Trump is set to host the first-ever White House crypto summit on March 7, 2025. The event is expected to bring together key figures in the industry, including investors, CEOs, and government officials. This marks a significant move for […]
A new political party in Australia wants to replace the existing political system with a system that allows people to vote using bitcoin, according to Reuters. The Flux Party believes that voters can use bitcoin to grant votes on legislative proposals. It believes bitcoin will enable representative democracy in the information age. The party’s goal is to elect six senators who will not propose policies but will vote on legislation at the direction of their members, who will deliver votes on every bill online. “If they didn’t have to be senators, if they could just be software or robots....
Campaign for Accountability (CfA), a non-profit ethics watchdog organization, has written a letter to popular anti-crypto US senators Elizabeth Warren and Sherrod Brown, alerting them to possible links of Circle, the USD Coin (USDC) stablecoin issuer, to terrorist financing activities. Related Reading: Circle Reportedly Considers 2024 IPO With Support From BlackRock Circle Compromised By Integration […]