State Wyoming Financial News

22.06 / 17:59

CFTC regulation SEC Lummis-Gillibrand crypto bill comprehensive but still creates division

It was first reported before Christmas that Wyoming Senator Cynthia Lummis planned to introduce a comprehensive crypto regulation bill. The Republican Lummis was already known for her pro-crypto stance and announced right away that she was looking for a Democratic co-sponsor. New York Senator Kirsten Gillibrand, who had not previously been known to have a strong position on cryptocurrency, was named as the co-sponsor in March. The highly awaited Responsible Financial Innovation Act (RFIA) was introduced in the United States Senate on June 7.

14.06 / 16:41

Stablecoin ETF Consensus Bitcoin Future Consensus 2022: Web3, unpacking regulations, and optimism for crypto’s future

“Everything is bigger in Texas” proved to be true during Consensus 2022. The crypto conference took place June 9–12 in Austin, Texas, this year, attracting 17,000 people from across the globe, despite the 100-degree plus weather. According to the event sponsors, Consensus 2018, which was held at the Hilton Hotel in New York, had previously drawn in almost 9,000 attendees.

13.06 / 22:15

Binance regulation Bitcoin Regulation Terra Law Decoded, June 7–13: Lummis-Gillibrand bill is finally here

One can hardly name a document more long-hoped-for as the crypto bill, co-sponsored by United States Senators Cynthia Lummis of Wyoming and Kirsten Gillibrand of New York, was for the crypto community. And, it’s finally here. Last week, Lummis and Gillibrand introduced a 69-page bill in the U.S. Senate. What’s inside? The projects of study on the environmental impact of digital assets and advisory committee on innovation, a tax structure, a mandate for analysis of the use of digital assets in retirement savings and much more.

11.06 / 13:43

cryptocurrency FIVE Digital cryptocurrency news CFTC Eyes Potential Oversight And Regulation Of Cryptocurrencies: Report

CFTC eyes potential oversight of cryptocurrencies, carbon trading

10.06 / 13:51

cryptocurrency FIVE Digital cryptocurrency news US Futures Trading Panel May Regulate Digital Currencies

Commodity Futures Trading Commission is likely to be given charge of regulating digital currencies

08.06 / 22:43

SEC Gemini Bitcoin Bears Bitcoin bears have plenty of reasons to hold BTC price below $32,000

Since May 10, the Bitcoin (BTC) chart shows a relatively tight range of price movement and the cryptocurrency has failed to break the $32,000 resistance on multiple occasions.

08.06 / 12:57

Legal Federal Reserve banking US Crypto Bank Custodia Sues the Fed Over Delayed Master Account Application Processing

US digital asset-focused bank Custodia has filed a lawsuit against the Federal Reserve (Fed) Board of Governors and the Federal Reserve Bank of Kansas City, accusing the two institutions of“unlawfully” delaying its application for a master account with the Fed for 19 months.

08.06 / 10:05

Digital Bitcoin Here’s what the bipartisan crypto bill has in store for the CFTC, bitcoin and ether

A long awaited bipartisan framework for US federal oversight of cryptocurrencies was unveiled on 7 June, and if passed by the US Congress, would mark a major milestone for a digital asset industry that has spent years lobbying for legislation to bring regulatory clarity to the space.

08.06 / 05:07

business Banks Court Crypto bank Custodia sues the Fed over 19 month delay on account approval

Wyoming based digital asset bank Custodia is suing the Federal Reserve Board of Governors and the Federal Reserve Bank of Kansas City, claiming an “unlawful delay” in processing an application for its master account.

07.06 / 23:27

CFTC regulation SEC legislation Power Lummis-Gillibrand bill establishes SEC-CFTC balance of power over crypto markets

The long-awaited Responsible Financial Innovation Act to create a regulatory framework for digital assets was introduced in the United States Senate on Tuesday. The official text of the 69-page document was also released.

07.06 / 18:33

cryptocurrency NFT CRYPTONEWS Fortress Wyoming Banking Commissioner Goes Web3, Joins Fortress Blockchain Technologies

Disclaimer: The text below is a press release that was not written by Cryptonews.com.

07.06 / 16:59

Ethereum CFTC SEC Bitcoin Senators Here's What US Senators Put in New Crypto-Friendly Bill

In a bipartisan effort to pave the way for more crypto-friendly regulations in the US, Wyoming Republican Senator Cynthia Lummis and Democratic senator representing the state of New York, Kirsten Gillibrand, are set to introduce a new draft bill today, dubbed the 'Responsible Financial Innovation Act'.

07.06 / 12:09

UPS Citi Digital SEC Bipartisan crypto overhaul seeks to treat most digital assets as commodities and empower CFTC

As excited as Wall Street and Main Street were to have crypto as a new investment idea and store of value, the speed at which cryptocurrencies entered mainstream U.S. markets caused proportionate angst for U.S. regulators, who were equipped only with decades-old securities laws to police an industry many still refer to as the financial «Wild West.»

09.05 / 22:39

Law Europe Congress Law Decoded: Crypto retirement plans get hot with Warren and Lummis making their moves, May 2–9, 2022

Retirement plans still largely remain at the periphery of both crypto adoption and the regulatory discussion. But last week, a major development emerged in this department. United States Senators Elizabeth Warren of Massachusetts and Tina Smith of Minnesota became concerned about Fidelity’s recent announcement of adding Bitcoin (BTC) to its clients’ 401(k) retirement investment menu. In a letter to the company’s CEO Abigail Johnson, the lawmakers expressed their uneasiness over a “conflict of interests” and the “significant risks of fraud, theft and loss,” requesting from Fidelity a detailed outline of risk mitigation actions.

04.05 / 07:57

cryptocurrency ExxonMobil Bitcoin Methane is a big climate problem that Bitcoin can help solve

Trung Phan

03.05 / 23:47

regulation Congress bills legislation Sen. Lummis teases upcoming crypto bill, says NFTs won’t be included in it

United States Senator Cynthia Lummis appeared on a livestream hosted by Axios on Tuesday to tease the highly awaited bill on cryptocurrency she is authoring. The Wyoming Republican said the bill will be introduced as “one big piece so people can see the big picture” and be broken down into five or six components for consideration by the appropriate congressional committees.

20.04 / 12:33

business Adoption Binance.US awarded money transmitter license in Puerto Rico

Puerto Rico becomes the fourth jurisdiction in America to grant a money transmitter license to Binance.US, the American arm of the crypto exchange Binance. Other states that issued operational licenses to Binance.US include Wyoming, Connecticut and West Virginia.

11.04 / 14:11

regulation Paxos United States Crypto Lobbyists Making Inroads at State Level – Report

Crypto lobbyists are making breakthroughs with adoption-focused legislation at the state level in various parts of the USA – with federal regulation still lagging behind.

31.03 / 07:59

regulation New York State Texas Blockchain Adoption Washington state passes bill aiming to expand local blockchain adoption

Three years and one veto after it was first proposed, Washington state Governor Jay Inslee has signed a bill into law today that aims to expand the state’s adoption of blockchain technology across various financial and industrial sectors.

22.03 / 05:51

Environment Energy Texas Bitcoin Bitcoin mining could be good for US energy independence: Research

Republican Congressman Pete Sessions from Texas has come out with a bold statement about the impact Bitcoin mining will have not just on his state but on the United States as a whole.

16.03 / 16:15

Government white house Executive executive order Biden’s executive order promises great things for the crypto industry — Eventually

United States President Joe Biden signed the Executive Order on Ensuring Responsible Development of Digital Assets on March 9. The order had been expected for several months, giving some in the industry ample time to build up trepidation. Once the executive order, or EO, was released, however, it was met with a chorus of approval.

latest developments in state Wyoming

What is the current situation in state Wyoming?

In state Wyoming, the spotlight is on major events that impact the interests of residents.

Where can I find reliable news about state Wyoming?

We publish verified updates about the situation in state Wyoming, based on information from official representatives.

What shapes the media agenda in state Wyoming?

The news landscape of state Wyoming is shaped by major cultural and social events, reflecting its local way of life.