U.S. Congress | ForkLog

ForkLog 24 13.12.2024

Bitcoin Advocate French Hill to Lead US House Financial Services Committee

French Hill has been appointed as the chairman of the US House Financial Services Committee. He is known for his work on several cryptocurrency-related bills, reports The Block. The current committee head, Patrick McHenry, will step down at the end of the year. He played a pivotal role in advancing the stablecoin payment bill and […]

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ForkLog 7 02.12.2024

Coinbase Foresees Swift Adoption of Cryptocurrency Legislation

Following Donald Trump’s victory, the swift approval of cryptocurrency legislation is anticipated. This was stated by Coinbase’s policy chief, Faryar Shirzad, in an interview with CNBC. “We have the most pro-crypto Congress in history. We have an extremely pro-crypto elected president. This combination should finally allow 50 million Americans who own digital assets to have […]

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ForkLog 4 06.11.2024

Elizabeth Warren Retains Senate Seat Against Crypto Advocate

John Deaton, a lawyer and cryptocurrency advocate, was defeated by Elizabeth Warren in the Massachusetts Senate race. Warren is known for her critical stance on digital assets, reports The Block. This marks Warren’s fourth term in the U.S. Senate. She is a member of the Senate Finance and Banking Committees, which oversee the SEC and […]

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ForkLog 6 16.10.2024

Coinbase Observes Cryptocurrency Market Reaching ‘Maturity’

In 2024, the digital asset market has reached ‘significant maturity’ due to increased trading volumes and on-chain activity, alongside billions of dollars flowing into crypto ETFs. This is highlighted in a report by Coinbase and Glassnode. Experts noted the accelerated popularization of stablecoins and Layer 2 solutions for the second-largest cryptocurrency by market capitalization. In […]

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ForkLog 8 18.09.2024

US Lawmakers Seek SEC Clarification on Airdrops

The SEC is urged to clarify its stance on airdrops. This demand is among others in a letter addressed to the agency’s head, Gary Gensler, from a group of Republican congressmen, reports The Block. The letter was signed by the Chairman of the House Financial Services Committee, Patrick McHenry, and the House Majority Leader, Tom […]

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ForkLog 6 12.09.2024

US Lawmakers to Investigate SEC for Alleged Hiring Bias

The US House of Representatives is set to investigate the SEC for potentially politically motivated hiring practices. This is outlined in a letter to the agency’s head, Gary Gensler. The joint investigation is spearheaded by Republican chairmen Jim Jordan of the Judiciary Committee, Patrick McHenry of the Financial Services Committee, and James Comer of the […]

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ForkLog 10 26.07.2024

Elizabeth Warren Criticizes Foreign Miners in the US

Foreign-owned mining enterprises in the United States pose a potential danger and threaten national security, according to Senator Elizabeth Warren. She expressed this view. During Senate Banking Committee hearings, she described mining enterprises as an environmental “disaster.” “They are noisy, hot, and consume a lot of electricity, which can disrupt our energy system,” stated the […]

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ForkLog 6 25.07.2024

US Senator Proposes Bill to Include Bitcoin in National Reserves

US Senator Cynthia Lummis plans to introduce a bill mandating the Federal Reserve to incorporate Bitcoin into its foreign exchange reserves, according to sources cited by FOX Business. The Wyoming representative is expected to unveil her initiative at the upcoming Bitcoin Conference before a speech by presidential candidate Donald Trump. Lummis’s team anticipates his support. […]

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ForkLog 6 24.07.2024

US Senate Opposes Increased Tax on Miners’ Energy Consumption

US Senator Cynthia Lummis has issued a report criticizing President Joe Biden’s administration’s proposal to impose a 30% tax on electricity consumed by miners. This was reported by Cointelegraph. The report highlights the benefits of critical Bitcoin mining infrastructure for the country’s energy system. Lummis cited data from the Bitcoin Energy and Emissions Sustainability Tracker, […]

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ForkLog 42 19.07.2024

Winklevoss Twins Donate $1 Million in Bitcoin to Elizabeth Warren’s Rival

Tyler and Cameron Winklevoss have each donated 8 BTC (~$500,000) to the campaign of John Deaton, who is running for the Senate seat in Massachusetts. I just donated $500k in bitcoin (8 BTC) to @DeatonforSenate to help him unseat @SenWarren as a U.S. Senator. Here’s why: Elizabeth Warren is one of the single greatest threats […]

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ForkLog 11 12.07.2024

US Congress Fails to Override Biden’s Veto on SAB 121 Repeal

On July 11, the US House of Representatives fell short of the two-thirds majority needed to override President Biden’s veto on legislation to repeal SAB 121. The document effectively prohibited banks from holding digital assets on their balance sheets, reports The Block. The bulletin remains in effect. A total of 228 congressmen voted for its […]

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ForkLog 10 08.07.2024

Messari CEO Declares Battle Against ‘Corrupt’ SEC

In the coming months, Messari will “initiate a war against the illegitimate and corrupt” SEC. This was announced by the company’s founder and CEO, Ryan Selkis. GM. I’ve declared independence from the SEC and its corrupt Chair Gary Gensler. In the months ahead, Messari will be operationalizing a war against this illegitimate and corrupt agency. […]

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