Ritchie Torres News

17.03 / 07:35

regulation SEC Congress Senate Democrat division over crypto isn’t all bad news for regulation

The Biden Administration has just passed an executive order furthering research into crypto assets in view of regulating them, but politicians within the ruling Democrat party remain deeply divided on digital currency.

14.09 / 08:46

markets Election Opinion Trade innovations Courts Crypto-friendly Rep. Ritchie Torres Urges CFTC to Regulate Election Markets Following Setback

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

16.11 / 10:55

crypto tax US lawmakers US Lawmakers Write to Treasury Department Seeking Amendment On Proposed Crypto Tax Rules

A group of United States lawmakers have led an effort for a change in the proposed cryptocurrency tax regime announced by the Treasury Department.

15.11 / 21:33

regulation crimes Congress Terrorism Financial Services services Financial US House Financial Services subcommittee looks for answers on crypto and crime

The United States House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion received an education in the uses of blockchain technology in a hearing entitled “Crypto Crime in Context: Breaking Down the Illicit Activity in Digital Assets” on Nov. 15. The hearing was bipartisan in nature, chair French Hill stated at the outset.

07.11 / 13:39

Adoption Bitcoin Senator Ted Cruz Now Accepts Campaign Donations in Bitcoin

Senator Ted Cruz (R-TX) has revealed his decision to accept Bitcoin ( BTC) as part of his campaign fundraising efforts.

02.10 / 19:51

ETF SEC Bitcoin crypto ETFs SEC continues to delay decisions on crypto ETFs: Law Decoded

Despite United States Representatives Mike Flood, Wiley Nickel, Tom Emmer and Ritchie Torres calling on the Securities and Exchange Commission (SEC) to immediately approve the listing of spot Bitcoin (BTC) exchange-traded funds (ETFs), the agency once again delayed its decision.

27.09 / 07:03

UPS BTC Digital ETF SEC BlackRock Bitcoin US lawmakers SEC ETF Bitcoin Price Prediction: BTC Down 3% Amid SEC ETF Delays, US Lawmakers' Advocacy, & Rate Hike Impacts

Bitcoin, the world's most valuable cryptocurrency, was trading below $27,000 early on Wednesday, showing a nearly 0.50% decrease in price to $26,220.

26.09 / 20:37

Government ETF regulation Investments SEC bitcoin etfs US lawmakers spot bitcoin ETFs US lawmakers call on SEC chair to approve spot Bitcoin ETFs 'immediately'

Four members of the United States Congress are requesting Securities and Exchange Commission (SEC) chair Gary Gensler “immediately” approve the listing of spot Bitcoin (BTC) exchange-traded funds, or ETFs.

15.08 / 19:49

regulation coinbase Voting Elections lawmaker Features Coinbase political initiative features US lawmaker who admitted to ethics violations

United States-based cryptocurrency exchange Coinbase’s latest push advocating for crypto holders to “speak directly to lawmakers” featured a House of Representatives member who previously acknowledged 11 ethics violations.

27.07 / 16:53

Deal committee Stablecoin Bill US congressional committee fails to reach deal on stablecoin bill, chair says

cryptocurrency typically pegged to a traditional asset, often the U.S. dollar.

19.07 / 13:39

regulation SEC SEC Urged to Abandon Crypto 'Crusade' by Congressman Torres After Ripple Legal Battle

Congressman Ritchie Torres has asked the US Securities and Exchange Commission to provide clear rules for crypto instead of “indiscriminately” treating the majority of crypto assets as securities under its purview.

19.07 / 09:13

Provident BTC Target Digital Ripple SEC Bitcoin Support Bitcoin Price Prediction: Bitcoin Stays Strong above $30,000 as Cathie Wood Offers Support

The price of Bitcoin is currently trading at $30,095, experiencing a minor drop of less than 0.10% on Wednesday.

18.07 / 19:23

Government Ripple regulation SEC Sec Chair lawmaker US lawmaker calls on SEC chair to reassess stance on crypto following Ripple ruling

New York Rep. Ritchie Torres has called on United States Securities and Exchange Commission (SEC) Chair Gary Gensler to reconsider the regulator’s position on crypto following a “dreadful day in court."

14.07 / 09:11

regulation SEC Congress Deal Prometheum US Representative Torres demands investigation of SEC deal with Prometheum

The United States Securities and Exchange Commission (SEC) could be investigated for a “haphazard and heavy-handed approach to digital assets” or, more specifically, for its “sweetheart deal” with crypto platform Prometheum.

09.06 / 06:15

Ethereum Target Digital SEC Action BitGo Bitcoin sec lawsuit Updates Bitcoin Price and Ethereum Prediction: US SEC Lawsuit, FTX Bankruptcy, and BitGo Updates Unveiled

Bitcoin and Ethereum, two of the leading cryptocurrencies, have been in the spotlight recently due to significant developments surrounding the US Securities and Exchange Commission (SEC) lawsuit, the bankruptcy of FTX exchange, and the acquisition deal involving BitGo.

26.05 / 17:09

coinbase Congress Custody lawmakers US lawmakers US Lawmakers Urges the SEC To Include State-Regulated Custodians in New Rule

Lawmakers urged a US regulator to not further limit certain financial stakeholders in its proposed rule tightening cryptocurrency custody requirements.

07.03 / 20:39

Government Law regulation Congress lawmakers US lawmakers US lawmakers planning to reintroduce bill aimed at fixing crypto reporting requirements: Report

A group of United States lawmakers is reportedly planning to reintroduce legislation to change the reporting requirements for certain taxpayers involved in crypto transactions.

12.01 / 20:15

Government Law Adoption crypto legislation Congress may be ‘ungovernable,’ but US could see crypto legislation in 2023

The United States House of Representatives finally elected a speaker last week, concluding a four-day, 15-ballot ordeal that left many wondering if political gridlock was now the new normal in the U.S., and if so, what the consequences would be.

08.12 / 00:23

regulation SEC Congress reserves Crypto consumer protection, proof of reserves bills introduced into US Congress

United States Congressman Ritchie Torres has introduced bills in the House of Representatives to prohibit misuse of customer funds by cryptocurrency exchanges and to require exchanges disclose proof of reserves to the Securities and Exchange Commission (SEC). The short bills are intended to supplement other legislation that is passed on cryptocurrency, Torres said.

07.12 / 22:13

regulation SEC FTX GAO Rep. Torres asks US GAO to investigate SEC ‘failure’ to protect public against FTX

An American legislator has asked the United States Government Accountability Office (GAO) to look into the performance of the Securities and Exchange Commission (SEC) regarding the recently failed crypto exchange FTX.

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