Congress Financial News

03.03 / 01:43

regulation Metaverse Congress Meta Meta Ceo lawmaker NOT US lawmaker behind crypto mining legislation urges Zuck not to offer metaverse to teenagers

Two United States senators have penned a letter asking Meta CEO Mark Zuckerberg to halt a plan to allow young adults to access the firm’s metaverse platform, Horizon Worlds.

23.02 / 00:49

Law regulation Congress US regulators Rep. Maxine Waters says all US regulators 'better get together on crypto'

California Representative Maxine Waters, ranking member of the United States House Financial Services Committee, has called for coordination and cooperation between government agencies and lawmakers to address crypto regulation.

22.02 / 19:21

CBDC regulation Federal Reserve Congress Digital Dollar lawmaker US lawmaker introduces bill aimed at limiting Fed's authority on digital dollar

Minnesota Representative Tom Emmer has introduced legislation in the United States House of Representatives that could limit the Federal Reserve from issuing a central bank digital currency, or CBDC.

22.02 / 10:19

Stablecoin Adoption SEC Bloomberg Congress Us Crypto Regulation US crypto regulation happening ‘behind closed doors’ – Blockchain Association CEO

The United States Congress needs to take control of crypto legislation to make it a more “open process” where the entire marketplace is looked over “comprehensively,” suggests the chief of the prominent U.S. crypto industry body.

16.02 / 01:27

regulation Congress Retirement lawmakers US lawmakers US lawmakers reintroduce bill to remove roadblocks for crypto investments in retirement accounts

Alabama Senator Tommy Tuberville has reintroduced legislation aiming to allow United States 401(k) retirement plans to include exposure to cryptocurrencies.

15.02 / 04:23

Twitter CFTC SEC coinbase Kraken Congress Court NOT Crypto regulation decided by Congress, not the SEC: Blockchain Association

Despite attempts to police cryptocurrency through enforcement actions, United States financial regulators “are bound by legal reality” and Congress will ultimately decide crypto regulations the policy expert for the crypto advocacy group Blockchain Association has suggested.

14.02 / 22:59

Law regulation SEC Congress lawmakers debate US lawmakers US lawmakers and experts debate SEC's role in crypto regulation

The United States Securities and Exchange Commission and its chair Gary Gensler were the targets of many lawmakers and witnesses at a hearing exploring the crash of the crypto market.

10.02 / 22:51

regulation SEC Congress Sec Chair lawmakers Fried Sam US lawmakers US lawmakers question SEC chair on timing of Sam Bankman-Fried's arrest

Two members of the United States House Financial Services Committee are calling on Securities and Exchange Commission chair Gary Gensler “regarding the timing of the charges filed against FTX founder Sam Bankman-Fried” based on his scheduled appearance at a hearing.

08.02 / 18:51

Government Law Adoption regulation Drugs us government Congress Crypto and psychedelics: Clarifying regulations could help industries grow

This year, investors are watching for big spikes in biotech companies working with psychedelics, especially as the once-controversial compounds return to the spotlight touting mental health benefits — and uniting lawmakers at the United States Capitol across party lines.

03.02 / 22:17

Government regulation FTX Congress hearing US Congress to hold ‘crypto crash’ hearing on Feb. 14

United States lawmakers with the Senate Banking Committee have scheduled a second hearing exploring the impact of a crypto market crash.

02.02 / 18:33

Law regulation Congress committee Senate Banking Committee's priorities for new Congress include crypto: Report

South Carolina Senator Tim Scott, the Republican ranking member on the United States Senate Banking Committee, reportedly plans to develop “a bipartisan regulatory framework" for cryptocurrencies.

31.01 / 19:59

regulation FTX Congress lawmakers US lawmakers US lawmakers renew request for answers from Silvergate on FTX: Report

Several United States senators have reportedly penned a letter requesting answers from Silvergate Capital — the parent company of Silvergate Bank — related to the collapse of cryptocurrency exchange FTX.

29.01 / 13:23

regulation Congress Regulations White House Unveils Plan to Tackle Cryptocurrency Risks, Calls for Increased Enforcement

The White House has published a roadmap asking authorities to increase enforcement and ramp up efforts to regulate the crypto sector.

28.01 / 09:07

regulation white house Congress pension White House cryptocurrency ‘roadmap’ recommends against pension funds

The White House released a statement on Jan. 27 that provided the United States President Joe Biden administration a roadmap for mitigating risks associated with cryptocurrencies. Much of the document was addressed to the U.S. Congress with the administration’s legislative guidance.

27.01 / 08:29

regulation Congress Bitcoin Regulation place Congressman Hill to 'make sure' US is the place for blockchain innovation

The chairman of the newly formed U.S. congressional subcommittee on digital assets has pledged for progressive crypto regulations to ensure that "America is the place for innovation in fintech and blockchain."

27.01 / 04:11

Adoption Payments Food Congress Senate US Senator Ted Cruz pushes for crypto in Congress... using snacks

Texan Republican Senator Ted Cruz is pushing the United States Congress to adopt cryptocurrency within its halls using an incentive both sides might agree on — food.

26.01 / 09:27

business Blockchain SEC us government Congress Senate Crypto industry leaders ‘scared of a strong SEC’ — Senator Warren

United States senator and crypto skeptic Elizabeth Warren wants the Securities Exchange Commission (SEC) to “double down” on its crypto enforcement efforts, highlighting that the cryptocurrency industry is running “scared” for what’s to come next.

13.01 / 01:09

Government Congress us house House Republicans US House Republicans plan to establish crypto-focused subcommittee: Report

Republicans in the United States House of Representatives reportedly plan to step up their oversight of the crypto industry with the creation of a new subcommittee.

10.01 / 22:55

regulation Congress Bankruptcy lawmakers US lawmakers US lawmakers call on court to approve 'independent examiner' in FTX bankruptcy case

A group of four United States senators have criticized one of the law firms involved in the bankruptcy case of crypto exchange FTX for conflicts of interest.

05.01 / 22:07

Law regulation Congress US senator behind efforts to pass major crypto bill won't seek re-election

Michigan Senator Debbie Stabenow, chair of the United States Senate Agriculture Committee, has announced that she will be leaving office in 2025.

05.01 / 00:11

Government regulation Congress Investigations US Congress investigations into FTX are in limbo without a House Speaker

At the time of publication, the United States House of Representatives was at a historic standstill in its process of choosing a Speaker for the 118th Congress — a quagmire that could lead to lawmakers delaying committee hearings.

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