U.S. Congress | ForkLog

ForkLog 13 20.07.2022

U.S. congressman accuses the SEC of ‘unethical conduct’ toward the crypto industry

The U.S. Securities and Exchange Commission (SEC) is hindering regulation of the cryptocurrency industry and acting unethically toward its participants, said Representative Tom Emmer.

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ForkLog 5 07.06.2022

US Senate unveils bipartisan bill to regulate crypto industry

U.S. Senators Cynthia Lummis and Kirsten Gillibrand have introduced the full bipartisan bill to regulate the crypto industry, The Washington Post reports.

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ForkLog 6 03.06.2022

Tech Community Criticises ‘Anti-Crypto’ Letter to US Congress

On June 1, a group of technology professionals published an open letter calling on the US Congress to resist the lobbying of participants in the cryptocurrency industry and take action against the developing sector.

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ForkLog 5 25.03.2022

US Senators Reveal Details of Cryptocurrency Regulation Bill

The bill, designed to bring clarity to cryptocurrency regulation, would grant the CFTC additional powers and incorporate the SEC's definitions of securities. The authors, Senators Cynthia Lummis and Kirsten Gillibrand, told Politico.

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ForkLog 7 17.03.2022

US Congress voices concern over SEC pressure on crypto industry

Eight members of the U.S. House of Representatives, in a letter to SEC Chair Gary Gensler, pointed to the unwarranted nature of the investigations the commission is conducting into cryptocurrency companies.

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ForkLog 17 18.02.2022

Senator Lummis urges the Fed to buy Bitcoin

Wyoming Senator Cynthia Lummis, representing the U.S. Senate, called it a "good idea" for the Fed to buy Bitcoin. She said this during a discussion organised by the Orrin G. Hatch Foundation.

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ForkLog 4 04.02.2022

US lawmakers propose tax exemption for crypto transactions up to $200

The U.S. House of Representatives reintroduced the 'Fair Taxation of Cryptocurrencies' bill. The proposal would exempt capital gains tax when profits from using digital assets do not exceed $200.

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ForkLog 8 21.01.2022

U.S. Congress to Question Recipients of Bitcoin Donations Linked to Capitol Riot Participants

The U.S. Senate Special Committee to investigate the January 6 Capitol Hill riot subpoenaed two far-right activists Nicolas Fuentes and Patrick Casey to testify. The latter received funding in Bitcoin, according to Chainalysis.

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ForkLog 6 21.01.2022

US Congress scrutinises mining’s impact on energy use

In any debate about mining, questions of carbon emissions and energy efficiency should take centre stage. With this leitmotif, a hearing of the U.S. House of Representatives on cryptocurrency mining took place, according to Bloomberg.

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ForkLog 13 15.12.2021

Five members of the US Congress invested in the crypto industry

At least one senator and four members of the US Congress bought bitcoin or shares in cryptocurrency-related companies, according to Business Insider citing lawmakers.

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ForkLog 9 15.12.2021

US Senate Holds Hearings on Stablecoins

Stablecoins are intended to address the volatility of cryptocurrencies, but they are not decentralised, and the activities of their issuers are not transparent, said Sherrod Brown, chair of the U.S. Senate Banking Committee.

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ForkLog 24 10.12.2021

US congressman inspires crypto enthusiasts to create new meme tokens

US Representative Brad Sherman, during a hearing before the Financial Services Committee, joked about a non-existent cryptocurrency. It quickly became reality in several versions, Bloomberg reports.

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