U.S. Congress | ForkLog

ForkLog 15 09.12.2021

Crypto executives testify before the US Congress

On December 8, top executives of the cryptocurrency industry testified before the US House Financial Services Committee. Politicians' views were divided, but witnesses noted a high level of engagement from lawmakers.

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ForkLog 10 08.12.2021

U.S. Congress to discuss crypto exchanges, stablecoins and digital-asset regulation

On December 8, the U.S. House of Representatives will discuss with industry executives issues relating to Bitcoin exchanges, the issuance of stablecoins, regulatory issues surrounding digital assets, and the policy posture of federal agencies.

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ForkLog 6 02.12.2021

U.S. Congress to discuss cryptocurrencies with industry executives

On December 8 at a hearing in the U.S. House of Representatives on the topic 'Digital assets and the future of finance: understanding the challenges and benefits of financial innovation', industry executives will testify. The roster was disclosed by the chair of the Financial Services Committee, Maxine Waters.

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ForkLog 12 24.11.2021

US Senate seeks details from stablecoin issuers on how their coins operate

The chair of the US Senate Banking Committee, Sherrod Brown, urged the leadership of Circle, Coinbase, Centre, Gemini, TrustToken and Binance.US to disclose information about their stablecoin-related business by December 3. Copies of the letters were obtained by The Block.

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ForkLog 8 22.11.2021

Lummis Criticises Clinton Over Crypto Warnings

U.S. Senator Cynthia Lummis criticised Hillary Clinton over concerns about threats from cryptocurrencies. A Bitcoin advocate suggested that digital gold could be salvation for the dollar against inflation.

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ForkLog 5 11.11.2021

U.S. Congress to consider a bill standardising ransomware reporting

A member of the House Financial Services Committee, Patrick McHenry, introduced a ransomware and financial stability bill. The measure would create the 'rules of the game' for victims of such attacks.

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ForkLog 12 08.10.2021

U.S. Senator Cynthia Lummis Increases Her Bitcoin Holdings

In August 2021, U.S. Senator and Bitcoin advocate Cynthia Lummis bought her first cryptocurrency for between $50,000 and $100,000, according to the filed report.

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ForkLog 8 27.09.2021

US Congress Sets Date for Infrastructure Plan Vote

Speaker of the U.S. House of Representatives Nancy Pelosi has scheduled a final vote on the infrastructure bill for Thursday, September 30, and expressed confidence in its passage. Reuters reports.

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ForkLog 7 16.09.2021

US Congress Keeps Crypto-Transaction Tax Reporting Loophole Amendments Intact

The section on tax deduction rules for crypto transactions in the second infrastructure plan, worth $3.5 trillion, has seen no changes. The Ways and Means Committee has sent the document to the House Budget Committee for consideration.

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ForkLog 11 14.09.2021

Comment: Gary Gensler to launch a crusade against Bitcoin exchanges

Crypto exchanges have listed unregistered securities, and regulators intend to combat this. That is the leitmotif of the forthcoming September 14 testimony by SEC Chairman Gary Gensler before the United States Senate. Gensler’s statement to the Senate tomorrow: 1. Crypto exchanges are selling what we believe are securities;2. «Make no mistake,» we are coming after crypto exchanges;3. There will […]

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ForkLog 9 06.09.2021

Senator Elizabeth Warren calls cryptocurrencies ‘the new shadow banks’

Elizabeth Warren, chair of the Senate Banking Committee's Subcommittee on Economic Policy, told the New York Times that cryptocurrencies are 'the new shadow banks'.

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ForkLog 9 27.08.2021

US Congress Reconsiders Plan to Regulate Cryptocurrencies

A group of U.S. congressmen has reintroduced two bills that would require the CFTC to clarify regulation of the digital asset market.

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