Lawmakers Financial News

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.

06.03 / 20:31

Government Law regulation SEC us government lawmakers Lawmakers should check the SEC’s wartime consigliere with legislation

When Michael Corleone ordered hits on rival bosses in The Godfather, he had Don Cuneo locked inside a revolving door and shot. Getting whacked while trapped behind a barred door appears to be the treatment United States Securities and Exchange Commission Chair Gary Gensler has in mind for U.S. crypto projects based on recent SEC enforcement activity and comments by the chair.

03.03 / 15:57

FIVE Digital SEC accounting lawmakers safe U.S. lawmakers argue SEC accounting policy undermines safe crypto custody

Two Republican lawmakers who have been central to the United States Congress’ continuing efforts to regulate cryptocurrency are questioning policies governing how financial firms handle crypto accounting in the country.

03.03 / 09:35

business regulation SEC coinbase Banks banking Digital Asset accounting lawmakers Customers U.S. lawmakers argue SEC accounting policy places crypto customers at risk

Two United States lawmakers have criticized crypto accounting guidelines outlined by the securities regulator, arguing it places crypto customers at greater risk of loss.

16.02 / 10:21

business Blockchain Law Adoption regulation lawmakers Wyoming lawmakers pass bill to prevent forced disclosure of private keys

Wyoming lawmakers have passed a bill that will prohibit courts in the state from forcing someone to disclose their digital asset private keys, with one minor exception.

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 / 21:21

regulation Donations Political Donations lawmakers Kansas state lawmakers look to cap crypto political donations at $100

Lawmakers in the Kansas House of Representatives have introduced a bill proposing to amend the legislature’s rules on political campaign donations.

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 / 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.

01.02 / 00:47

regulation proof-of-work Energy Consumption lawmakers US lawmakers Bitcoin mining advocate is going state-to-state to educate US lawmakers

Dennis Porter, chief executive officer of the Satoshi Action Fund, is taking the fight for hearts and minds on Bitcoin mining to Washington, D.C. and beyond in an effort to support friendly legislation.

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.

25.01 / 01:37

regulation Taxes lawmakers Arizona lawmakers seek to make crypto a tax-exempt property

Lawmakers in the Arizona State Senate are considering a bill aimed at having voters decide whether virtual currency is exempt from property taxation.

25.01 / 01:37

Law regulation Europe European Union lawmakers EU lawmakers vote for more restrictive capital requirements on banks holding crypto

The Economic and Monetary Affairs Committee of the European Parliament has voted for measures requiring banks holding cryptocurrencies to set aside a punitive amount of capital.

12.01 / 15:27

lawmakers House Lawmakers Discuss Discharge Petition to Force Debt-Ceiling Vote

WASHINGTON—Democrats and some centrist Republicans are in early, informal conversations about dusting off a rarely used parliamentary procedure that could force a vote to raise the nation’s borrowing limit, ahead of a showdown in coming months over government spending.

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.

09.01 / 17:17

Technology lawmakers EU lawmakers aid Somali man fighting life sentence in Greece

A Somali migrant serving life in prison for people smuggling appeared in court on Monday to appeal his sentence, in a case backed by a group of European Parliament members who say he was wrongfully convicted.

02.01 / 23:21

Law stocks Congress lawmakers US lawmakers US lawmakers could consider stock trading ban in next session of Congress

Many United States lawmakers from both sides of the aisle have at one point expressed support for legislation banning members from investing in stocks or crypto — an initiative the 118th Congress could address following a shift in leadership.

31.12 / 21:01

regulation FTX Congress lawmakers US lawmakers US lawmakers under pressure following FTX collapse: Report

Legislators in the United States seem to be reevaluating the crypto industry and its regulatory needs in light of FTX's collapse. According to the Wall Street Journal, since the crypto exchange filed for bankruptcy in November, lawmakers have been under pressure to set a new regulatory framework for cryptocurrencies.

13.12 / 20:51

regulation FTX Congress lawmakers hearing US lawmakers FTX hearing: US lawmakers criticize use of Quickbooks, creepy dough, and 'conscientious stupidity'

Though Sam Bankman-Fried could not attend the congressional hearing virtually due to his recent arrest in the Bahamas, United States lawmakers held no punches criticizing the former FTX CEO and business practices at the firm.

09.12 / 00:57

regulation Energy Congress lawmakers US lawmakers Crypto miners US lawmakers introduce bill aimed at reporting on crypto miners' potential environmental impact

Three United States lawmakers have introduced legislation that would direct the Environmental Protection Agency, or EPA, to report on the energy usage and environmental impact of crypto miners.

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