Richard Durbin News
13.12 / 09:15
business
regulation
Senate
Retirement
Sen. Lummis still 'very comfortable' with Bitcoin in retirement plans
Pro-crypto United States senator Cynthia Lummis has remained steadfast in her support for Bitcoin (BTC) as part of diversified retirement plans, despite calls from her senator peers otherwise.
24.01 / 16:11
10.10 / 19:43
Target
Progressive
Fighting
Bill
Department
prevention
Lawmakers take aim at credit card interest rates, fees as cardholder debt tops $1 trillion
Some lawmakers and regulators are calling for interest rate caps and lower fees on credit cards as debt levels march higher.
08.02 / 01:19
Mining
regulation
Environment
information
lawmakers
Energy usage
Lawmakers write to US officials about crypto energy usage information gathering
United States Environmental Protection Agency Administrator Michael Regan and Energy Secretary Jennifer Granholm were the recipients Feb. 6 of another letter on the environmental impact of cryptocurrency mining. Eight Democratic lawmakers headed by Elizabeth Warren reached out to the officials this time.
29.11 / 13:33
New York State
First US State where you can no longer mine crypto: Law Decoded, Nov. 21-28
The state of New York became the first one in the United States to impose a moratorium on proof-of-work (PoW) mining, albeit only for two years. Last week, New York governor Kathy Hochul signed the moratorium into a bill, prohibiting any new mining operations that aren’t based on 100% renewable energy. The renewal of licenses would also be frozen. In eight months, the anti-mining bill made its way from the first passing through the state Assembly to the governor’s pen.
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.
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