Lawmakers Financial News
08.12 / 21:39
Law
regulation
Banks
Congress
lawmakers
US lawmakers
US lawmakers question federal regulators on banks' ties to crypto firms
Two members of the United States Senate have called on the heads of federal financial regulators to address “ties between the banking industry and cryptocurrency firms” in the wake of FTX’s collapse.
07.12 / 13:19
Law
regulation
Bitcoin
lawmakers
Department
US lawmakers
US lawmakers want State Department to justify crypto rewards and disclose payouts
The United States lawmakers have proposed an amendment to the State Department Basic Authorities Act of 1956 that includes information on crypto rewards and payouts.
06.12 / 19:55
regulation
lawmakers
US lawmakers
US lawmakers request answers from Silvergate over ties to FTX: Report
Three members of the United States Senate have reportedly penned a letter to Silvergate Bank requesting information about any relationship with FTX and business entities under former CEO Sam Bankman-Fried.
24.11 / 13:51
BLOCK
Crypto Exchange
lawmakers
Russian Lawmakers Want to Create a State-run Crypto Exchange
Russian lawmakers have devised a plan that could see the nation create a state-run crypto exchange.
23.11 / 22:15
regulation
crimes
FTX
lawmakers
US lawmakers
US lawmakers ask DOJ hold FTX execs accountable 'to the fullest extent of the law'
Two Democratic members of the United States Senate have called on the Justice Department to investigate the collapse of FTX and potentially prosecute individuals involved in wrongdoing.
04.11 / 20:43
Government
NFT
regulation
lawmakers
open
UK lawmakers open inquiry into NFT regulation — 'there are fears that the bubble may burst'
Members of the United Kingdom’s Digital, Culture, Media and Sport Committee have opened an inquiry to hear from the public on the potential benefits and risks of nonfungible tokens, or NFTs, and blockchain on the country’s economy.
25.10 / 22:19
regulation
Congress
lawmakers
US lawmakers
US lawmakers question regulators over ‘revolving door’ with crypto industry
Several Democratic members of the United States Senate and House of Representatives have requested information from top regulators and agencies in the country regarding crypto firms hiring government officials upon their departure.
19.10 / 15:39
Stablecoin
European Commission
lawmakers
US lawmakers
crypto rules
EU Commissioner Urges US Lawmakers to Establish New Crypto Rules
Mairead McGuinness, the European Commission’s commissioner for financial services, warned about the dangers that digital assets could pose to financial stability and called for US politicians to draw up new rules to govern the crypto industry.
18.10 / 23:00
UPS
Progressive
lawmakers
U.S. Commissioner pushes lawmakers to speed up with crypto regulations
While the European Union moves swiftly through the legislative stages with the Markets in Crypto-Assets (MiCA) framework, a groundbreaking framework for cryptocurrencies, its financial services chief implores its American counterparts to keep up to ensure that the upcoming regulations will be global, not local.
18.10 / 12:31
regulation
Europe
European Union
lawmakers
EU Commissioner urges lawmakers to hurry up with crypto regulations
While the European Union proceeds with smoothly passing its landmark crypto framework, the Markets in Crypto-Assets (MiCA), through the legislation phases, its financial services chief urges the American counterparts to keep in step to ensure the forthcoming regulations will be global, not local.
14.10 / 09:15
business
Climate change
lawmakers
Trump
Riot
US lawmakers
US lawmakers subpoena Donald Trump demanding 6 January riot testimony
The American politicians investigating and armed attack on the US Capitol building on 6 January 2021 have said they want to hear from former President Donald Trump.
11.10 / 18:05
Twitter
Target
Digital
Landmark
lawmakers
EU Lawmakers Pass Landmark Crypto Regulation Bill
The European Union (EU) lawmakers have passed the Markets in Crypto Assets Regulation (MiCA) bill, a landmark piece of legislation aimed at regulating the digital asset market. The members voted 28 to 1 in favor of the landmark new crypto laws. The bill will pass onto the European Parliament for a final vote in the next parliament session. The laws will come into effect in 2024.
06.10 / 01:11
regulation
Department Of Justice
Congress
lawmakers
US lawmakers
US lawmakers request Justice Dept share CBDC assessment
Republican members of the House Financial Services Committee have requested the Department of Justice provide its assessment and legislative proposals around a digital dollar within ten days.
04.10 / 00:21
Government
CFTC
SEC
lawmakers
US Treasury recommends lawmakers decide which regulators will oversee crypto spot market
Officials with the United States Financial Stability Oversight Council, or FSOC, have recommended U.S. lawmakers pass legislation to determine which “rulemaking authority” will be responsible for regulating parts of the crypto spot market.
29.09 / 00:27
Law
regulation
Cybersecurity
lawmakers
US lawmakers
US lawmakers propose amending cybersecurity bill to include crypto firms reporting potential threats
United States Senators Marsha Blackburn and Cynthia Lummis have introduced proposed changes to a 2015 bill that would allow “voluntary information sharing of cyber threat indicators among cryptocurrency companies.”
09.09 / 20:23
Facebook
Social Media
Fraud
Meta Ceo
lawmakers
Crypto scams
US lawmakers
US lawmakers call on Mark Zuckerberg to address 'breeding ground' for crypto scams: Report
A group of Democrats from the United States Senate has reportedly asked Meta CEO Mark Zuckerberg to provide details on the social media giant’s policies addressing cryptocurrency fraud.
09.09 / 01:13
Government
CBDC
regulation
lawmakers
vice chair
Republican lawmakers call for answers on digital dollar from Fed vice chair
Members of the House Committee on Financial Services have called for Federal Reserve vice chair Lael Brainard to clarify her position on a central bank digital currency ahead of deadlines set by United States President Joe Biden’s executive order on digital assets.
24.08 / 21:57
UPS
Gap
Fighting
lawmakers
President's student loan forgiveness plan draws pushback from some lawmakers and consumer groups
President Biden's long-awaited plan to forgive student debt, announced on Wednesday, drew immediate pushback from some lawmakers and consumer groups even as they praised the historic measure.
19.08 / 01:13
Government
regulation
Environment
lawmakers
Consumption
US lawmakers
US lawmakers appeal directly to 4 mining firms, requesting info on energy consumption
Four members of the United States House of Representatives from the Energy and Commerce Committee have demanded answers from four major crypto mining firms in regards to the potential effects of their energy consumption on the environment.
09.08 / 15:01
Digital
Waters
lawmakers
U.S. Lawmakers Look to Digital Dollar to Compete With China
WASHINGTON—Lawmakers are pushing the Federal Reserve to move swiftly toward issuing a digital dollar, to combat steps from China and others they say could one day threaten the U.S. status as the global reserve currency.
05.08 / 18:47
Government
regulation
inclusion
lawmakers
US lawmakers
US lawmakers request crypto firms provide info on diversity and inclusion
A group of five lawmakers from the United States House of Representatives has requested data on the diversity and inclusion practices of 20 major firms dealing with cryptocurrencies and Web3.
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