Kirsten Gillibrand News

25.08 / 02:31

SEC Gaming ICO Time GameFi developers may be facing big fines and hard time if they don't speak up

Are cryptocurrency games innocent fun? Or are they Ponzi schemes facing an imminent crackdown by regulators in the United States?

16.08 / 17:03

Law Stablecoin regulation fall regulatory Optimism fading? Regulatory discussion on stablecoins postponed until Fall

Among a rich range of anxieties both for the crypto industry and the global economy at large, the summer of 2022 will be remembered as the time when the stablecoins proved themselves to be not so stable and thus came into the focus of regulators’ attention.

26.07 / 01:17

Law Stablecoin Congress Bill addressing stablecoins risks in US likely delayed until September: Report

Lawmakers in the United States House of Representatives have reportedly pushed back the timeline for considering a bill addressing the potential risks of stablecoins.

20.07 / 09:03

Government CFTC SEC Lummis-Gillibrand crypto bill likely deferred to next year

The major bipartisan crypto bill led by U.S. Senators Cynthia Lummis (Republican) and Kirsten Gillibrand (Democrat) will most likely be deferred to next year according to the duo.

18.07 / 02:57

Blockchain Stablecoin Europe Tether Threat NOT Burdensome but not a threat: How new EU law can affect stablecoins

The year 2022 saw not only drastic dips in leading cryptocurrencies and financial markets in general but also major legislative frameworks for crypto in prominent jurisdictions. And while the “crypto bill,” co-sponsored by United States senators Cynthia Lummis and Kirsten Gillibrand, still has a long way to go, its European counterpart, the Markets in Crypto-Assets (MiCA), had finally made it through Tripartite negotiations.

11.07 / 16:21

Government Blockchain Adoption Us Crypto Regulation US crypto regulation bill aims to bring greater clarity to DAOs

On June 7, United States Senators Cynthia Lummis and Kirsten Gillibrand launched the much anticipated Responsible Financial Innovation Act, proposing a comprehensive set of regulations that address some of the biggest questions facing the digital assets sector. By providing holistic guidance to the rapidly growing industry, the bill offers a bipartisan response to President Biden’s call for a whole-of-government approach to regulating crypto.

10.07 / 12:51

Ethereum SEC proof-of-work Bitcoin BTC bull Michael Saylor: Ethereum is 'obviously' a security

MicroStrategy CEO and Bitcoin (BTC) bull Michael Saylor said that Ethereum (ETH) is ‘obviously’ a security as he doubled down on labeling BTC as the only commodity in the crypto sector.

07.07 / 15:47

Provident Binance Platform Boeing Bank of England to announce crypto regulation

In its quarterly financial stability report, the BoE emphasised the need for “enhanced regulatory and law enforcement frameworks to address developments in crypto asset markets and activities.”

23.06 / 12:51

regulation Bitcoin Regulation GitHub users respond with 'Bitcoin bill' idea to Gillibrand-Lummis bill

Now every interested user has a chance to leave their mark on a crypto bill that could define the industry guidelines in the United States in the near future, the Responsible Financial Innovation Act (RFIA). The document was uploaded on GitHub, a platform populated by software and product experts, by its co-sponsors to get public feedback.

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.

21.06 / 11:13

SEC Bitcoin Law Decoded, June 13–20: Celsius exodus and liquidity crisis

Last week, the Celsius Network wrote its name in the alarming recent history of the crypto market failures alongside Terra. The American platform has unstaked $247 million worth of Wrapped Bitcoin (wBTC) from the Aave protocol and sent it to crypto exchange FTX while putting the withdrawal option for users on a stop.

16.06 / 00:39

Target lawmakers crypto rules NOT SEC’s Gary Gensler warns lawmakers not to undermine wider markets with crypto rules

Securities and Exchange Commission chair Gary Gensler expressed concern 14 June that efforts in Congress to write legislation for the cryptocurrency industry could compromise regulations that govern the broader capital markets.

15.06 / 09:29

Target lawmakers crypto rules NOT SEC’s Gary Gensler warns lawmakers not to undermine wider markets with crypto rules

Securities and Exchange Commission chairman Gary Gensler expressed concern 14 June that efforts in Congress to write legislation for the cryptocurrency industry could compromise regulations that govern the broader capital markets.

15.06 / 07:19

CFTC SEC Congress Financial SEC boss worries crypto bill undermines financial protections

United States Securities and Exchange Commission (SEC) Chairman Gary Gensler said he’s worried that a proposed bill to create a regulatory framework for cryptocurrencies could weaken investor protections in the traditional financial market.

14.06 / 18:47

regulation Investments SEC Sec Chair Returns SEC chair warns about 'too good to be true' returns amid market downturn

Gary Gensler, chair of the United States Securities and Exchange Commission, or SEC, reiterated his call for investor protection in securities offered by crypto firms.

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 / 14:53

Blockchain Provident Digital SEC Analysis: Here is What the New Crypto Bill Mean for the Blockchain Ecosystem?

Proponents of the cryptocurrency industry have been requesting a comprehensive crypto bill for some time. Thanks to the bipartisan efforts of Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.), there are proposals on the ground for lawmakers to ponder.

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

09.06 / 14:05

Provident Digital lawmakers US lawmakers US lawmakers propose rules to safeguard crypto investors when exchanges collapse

A bipartisan duo of US senators introduced a bill that would aim to protect investors in the event that a cryptocurrency exchange files for bankruptcy by ensuring that their digital assets would be held separate.

09.06 / 09:57

cryptocurrency SEC cryptocurrency news Senators US Senators Bring Bill On Cryptocurrency Regulation

A couple of US senators unveiled a bill on Tuesday that would establish new rules for cryptocurrency

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