Senator Defends CLARITY Act As Developer Protection Debate Heats Up
A crypto developer was convicted last year for running an unlicensed money-transmitting business. That case — and others like it — is now driving one of the sharpest disagreements in Washington over how the US plans to regulate decentralized finance. Related Reading: Bitcoin At Risk? Odds Tilt Toward Drop Below $66K This April The Conviction […]
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Coinbase’s top lawyer and a US senator traded fierce public claims this week, putting the exchange at the center of a fresh political fight over campaign donations and regulation. Related Reading: SBF Defends FTX: ‘We Had $8 Billion, Not Insolvency’ Allegations Of Political Payoff According to Senator Chris Murphy, Coinbase gave $46 million to support […]
US lawmakers and crypto leaders say a major bill could move fast. According to an on-site interview, Senator Bernie Moreno told reporters he hopes the US CLARITY Act will clear Congress by April. Related Reading: Crypto Lobby Group Sounds Alarm Over Senate’s Crypto Bill Threat The comment came during a recent gathering with members of […]
A U.S. senator has asked the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, to provide clear guidance on cryptocurrency regulation. The senator stated that in many enforcement actions, “the SEC did not identify the securities involved or the rationale for their status as securities, which would have provided much-needed public regulatory clarity.” US Senator Wants SEC to Provide Clear Guidance on Crypto Regulation Senator Pat Toomey, Ranking Member of the U.S. Senate Committee on Banking, Housing and Urban Affairs, wrote a letter to SEC Chairman....
Senator Cynthia Lummis has won support from a Democrat senator for her new digital asset bill. United States Senator from New York Kirsten Gillibrand revealed working with Senator Cynthia Lummis on a broad-based regulatory framework for the crypto industry on Thursday during a live event in Washington, D.C. As Gillibrand specified, she and Lummis are undertaking “a very complex and intensive review” of different aspects of the industry, with a future regulatory task-sharing in mind. The framework will see both the Commodity Futures Trading Commission (CFTC) and Securities and Exchange....
As discussion regarding Ethereum‘s status heats up, the United States Securities and Exchange Commission (SEC) Chairman Gary Gensler has come under fire from well-known cryptocurrency market watcher and Cinneamhain Ventures founder Adam Cochran for the continued lack of clarity surrounding Ethereum regulations. Cochran’s criticism is focused on what he believes to be the SEC’s erratic […]