Warren’s Letter To SEC Chair: Crypto In 401(k)s Poses Threat To Americans’ Re...
Senator Elizabeth Warren, known for her skepticism towards digital assets, along with six fellow lawmakers, has sent a letter to SEC Chair Paul Atkins, raising concerns about President Trump’s proposal to allow 401(k) plans to invest in crypto, warning that this could jeopardize the retirement savings of American workers. Concerns Raised Over Crypto In Retirement […]
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In a recent interview at Coinbase’s State of Crypto Summit, the Commodity Futures Trading Commission (CFTC) Acting Chair shared the future of the agency’s crypto regulation under the pro-industry administration. Related Reading: A ‘Threat To Privacy’? US Senators Question Meta’s Stablecoin Plan In New Letter CFTC Won’t Criminalize Crypto On Thursday, CFTC’s acting chair, Caroline Pham, […]
Elizabeth Warren outlined her concerns about the cryptocurrency market in a letter addressed to Janet Yellen that was obtained by CNBC. Senator Elizabeth Warren, a Democrat from Massachusetts, has called on United States Treasury Secretary Janet Yellen and other regulators to develop a “comprehensive and coordinated” framework for addressing risks in the cryptocurrency market. In a letter addressed to Yellen, the Democratic senator said the Financial Stability Oversight Council, also known as FSOC, “must act quickly to use its statutory authority to address cryptocurrencies’ risks and....
Kadan Stadelmann, the Chief Technology Officer (CTO) of Komodo, an open-source technology workshop, has raised concerns about the increasing centralization of the world’s largest cryptocurrency, Bitcoin. Stadelmann asserts that the rising centralization poses a threat to the fundamental principle of BTC as a decentralized digital currency. Centralization Poses Existential Threat To Bitcoin According to Stadelmann, a […]
The former presidential candidate has written to the SEC chairman for answers about plans for crypto consumer protection protocols in the United States. Senator and former United States presidential aspirant Elizabeth Warren has once again raised alarms about the current regulatory climate for crypto in the country.According to Reuters, Warren has written to Gary Gensler, chairman of the U.S. Securities and Exchange Commission, demanding answers about the scope of the SEC’s crypto oversight in the area of consumer protection.In a statement issued by Warren, the chair of the Subcommittee on....
The new rules would go far beyond any existing measure of financial surveillance and destroy Americans’ financial privacy. The post An Open Letter To FinCEN: Newly Proposed Regulations On Cryptocurrency appeared first on Bitcoin Magazine.