City Elizabeth, county Warren Financial News
25.11 / 01:01
markets
Ethereum
Senate
Mt. Gox
Bears
Ether tests $1,200 but bears better positioned for $1.13B options expiry on Nov. 25
No matter if one analyzes Ether's (ETH) longer-term or weekly time frame, there is little hope for bulls. Besides the negative 69% year-to-date performance, a descending channel has been pressuring the ETH price while offering resistance at $1,200.
23.11 / 22:15
regulation
crimes
FTX
lawmakers
US lawmakers
US lawmakers ask DOJ hold FTX execs accountable 'to the fullest extent of the law'
Two Democratic members of the United States Senate have called on the Justice Department to investigate the collapse of FTX and potentially prosecute individuals involved in wrongdoing.
23.11 / 12:53
Adoption
regulation
Senate
US Sen. Elizabeth Warren says crypto will ruin economy —community responds
The downfall of former crypto exchange FTX has had the entire industry in disarray since the situation began to unravel days before it declared bankruptcy on Nov. 11. A new op-ed from United States Senator Elizabeth Warren revealed a negative stance towards the industry with regard to the fallout.
22.11 / 16:01
Fidelity
Fidelity Investments
Bitcoin
Senators
US Senators Ask $4.5 Trillion Investment Firm Fidelity to Reconsider Exposure to Bitcoin in Wake of FTX Implosion
Three US senators asked the major financial services firm Fidelity Investments to reconsider exposing workplace retirement plans to bitcoin (BTC).
22.11 / 09:11
business
Adoption
Congress
Bitcoin
Senators
US senators urge Fidelity to reconsider its Bitcoin offerings after FTX blow-up
United States senators Elizabeth Warren, Tina Smith, and Richard Durbin have renewed their calls for Fidelity Investments to reconsider offering a Bitcoin (BTC)-linked 401(k) retirement product.
18.11 / 00:51
regulation
Congress
legislation
Fried
US Sen. Warren and Durbin demand answers from Bankman-Fried and his successor at FTX
United States Sens. Elizabeth Warren and Richard Durbin wrote to the former and current CEOs of FTX, Sam Bankman-Fried and John Jay Ray III, respectively, on Nov. 16 to ask for more information on the collapse of the cryptocurrency exchange. They made 13 requests for documents, lists and answers.
10.11 / 13:17
business
Binance
regulation
coinbase
Unclear regulations drove 95% of trading activity offshore: Coinbase CEO
Coinbase CEO Brian Armstrong was not delighted with the news about the United States regulators looking into FTX.US along with Coinbase and Binance.US in the wake of the FTX crisis.
25.10 / 22:19
regulation
Congress
lawmakers
US lawmakers
US lawmakers question regulators over ‘revolving door’ with crypto industry
Several Democratic members of the United States Senate and House of Representatives have requested information from top regulators and agencies in the country regarding crypto firms hiring government officials upon their departure.
13.10 / 19:57
Blockchain
CEO
Bitcoin
safe
Senators
Democrat Senators call Texas ‘Deregulated Safe Harbor’ for Bitcoin miners
A group of seven U.S. senators from the Democratic Party, led by Massachusetts Senator Elizabeth Warren, have called Texas a ‘deregulated safe harbor’ for Bitcoin miners.
20.09 / 22:49
Government
regulation
sanctions
Mixers
Crypto mixers
US Treasury official says crypto mixers are a 'concern' in enforcing sanctions
Elizabeth Rosenberg, the assistant secretary for terrorist financing and financial crimes at the United States Department of the Treasury, suggested sanctioning cryptocurrency mixers could help strengthen the government’s response to foreign entities looking to use digital assets for illicit means.
13.09 / 09:07
Digital
CEO
Platform
Bitcoin
Customers
Fidelity will ‘shift’ retail customers into crypto soon, says Galaxy CEO
$4.2 trillion asset management firm Fidelity Investments is reportedly working towards offering Bitcoin trading services to its 34.4 million retail investor base, according to Galaxy Digital CEO Mike Novogratz and people familiar with the matter.
30.08 / 23:59
Government
Law
regulation
lawmaker
index
Crypto 'cannot be partisan,' says US lawmaker who scored negative on bipartisanship index: Report
United States House of Representatives member Tom Emmer has reportedly suggested that regulating and encouraging innovation in the crypto space should not be a political win for either Democrats or Republicans.
05.08 / 19:33
Binance
MasterCard
WazirX in Hot Waters, Revolut Doubles Down on Crypto, Elizabeth Warren Picks Another Crypto Battle + More news
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________
04.08 / 13:39
Blockchain
regulation
legislation
Senator Warren proposes reducing Wall Street's involvement in crypto
The United States Senator Elizabeth Warren is continuing her anti-crypto campaign, this time proposing legislation that would effectively shut down bank-provided cryptocurrency services, according to a Bloomberg report on Thursday.
29.07 / 11:38
Adoption
Investments
Bitcoin
Senators
Democratic senators chide Fidelity Investments for BTC-exposed retirement funds
Three United States senators have written to Fidelity Investments CEO Abigail Johnson demanding an explanation for the financial services company’s decision to include Bitcoin-exposed funds in its 401(k) retirement plans. “This decision is immensely troubling,” they wrote.
16.07 / 00:35
regulation
Bitcoin
lawmakers
Consumption
US lawmakers
US lawmakers ask about EPA, DOE monitoring of crypto mining emissions, energy consumption
Democratic legislators from both houses of the United States Congress have sent a letter to the Environmental Protection Agency (EPA) and Energy Department (DOE) to inform them of their findings on the energy consumption of cryptocurrency mining and asking the agencies to require mining to report their emissions and energy use. Meanwhile, the Paraguayan Senate, the upper house of that country’s legislature, has passed a comprehensive bill to regulate cryptocurrency and allow miners to use excess electricity generated in the country.
16.06 / 00:09
Adoption
regulation
legislation
GAO
us house
US House Ways and Means chairman asks the GAO to check out crypto in retirement plans
Chairman of the United Sates House of Representatives Ways and Means Committee Richard Neal sent a letter to the Government Accountability Office (GAO), a legislative branch watchdog, asking the agency to weigh in on the use of cryptocurrency in retirement plans. Defined contribution plans, such as the 401(k), are increasingly allowing savers to incorporate cryptocurrency in their plans, the lawmaker said, and concerns have arisen over crypto’s volatility and limited oversight.
15.06 / 17:01
10.06 / 11:27
regulation
Investments
Bitcoin Regulation
place
Yellen doubts crypto’s place in 401(k), says Congress could regulate
The Secretary of the United States Treasury, Janet Yellen, weighed in on including cryptocurrencies in retirement plans, calling them a very risky investment that should be regulated by Congress.
01.06 / 08:25
business
Law
Stablecoin
PoolTogether raises 471 ETH with NFTs to fund legal defense
So called “no-loss lottery” DeFi platform PoolTogether has raised 470.90 Ether (ETH) via NFT sales to fund its legal defense against a putative class action lawsuit.
20.05 / 00:09
Government
Stablecoin
Federal Reserve
vice chair
Biden's pick for Fed vice chair for supervision calls for congressional action on stablecoins
Michael Barr, a law professor and former advisory board member of Ripple Labs who is United States President Joe Biden’s pick for vice chair for supervision at the Federal Reserve, called for U.S. lawmakers to regulate stablecoins in an effort to address “financial stability risks.”
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