Lawmakers Financial News

04.08 / 12:17

UPS Digital lawmakers Lawmakers step up crypto scrutiny with second inquiry

A second group of lawmakers has launched an inquiry into the UK government's approach to the crypto industry.

03.08 / 10:19

Digital Bitcoin lawmakers US lawmakers Why US lawmakers want bitcoin and ether to be under the scrutiny of the CFTC

WASHINGTON — Leaders of a Senate committee are set to propose legislation that would assign oversight of the two largest cryptocurrencies, bitcoin and ether, to the federal agency that regulates milk futures and interest-rate swaps.

26.07 / 10:15

Provident stablecoin regulation lawmakers Stablecoin regulation vote pushed back by lawmakers

US House lawmakers are delaying consideration of a bipartisan bill to curb potential risks posed by so-called stablecoins, according to people familiar with the matter, pushing back a vote on the measure for at least several weeks.

22.07 / 09:07

lawmakers Indian Indian lawmakers can’t keep waiting for global consensus on cryptos

India's confused and confusing response to crypto currencies continues to confound. In the latest instance, Finance Minister Nirmala Sitharaman informed Parliament that while the Reserve Bank of India (RBI) wants them banned, the government is of the view that a "global collaboration" is needed for any effective regulation or ban.

21.07 / 10:25

Provident lawmakers US lawmakers US lawmakers edge closer to rules for stablecoins

WASHINGTON — US lawmakers moved closer to a bipartisan agreement on new legislation that would regulate so-called stablecoins as part of efforts to impose basic safeguards on volatile cryptocurrency markets.

21.07 / 00:19

Waters Patrick lawmakers Deal House Lawmakers Near Bipartisan Deal to Address Stablecoin Risks

WASHINGTON—A pair of key House lawmakers are close to a bipartisan agreement to impose tougher oversight of so-called stablecoins, a type of cryptocurrency intended to be pegged to the dollar or another national currency, according to people familiar with the negotiations.

16.07 / 00:35

regulation Bitcoin lawmakers Consumption US lawmakers US lawmakers ask about EPA, DOE monitoring of crypto mining emissions, energy consumption

Democratic legislators from both houses of the United States Congress have sent a letter to the Environmental Protection Agency (EPA) and Energy Department (DOE) to inform them of their findings on the energy consumption of cryptocurrency mining and asking the agencies to require mining to report their emissions and energy use. Meanwhile, the Paraguayan Senate, the upper house of that country’s legislature, has passed a comprehensive bill to regulate cryptocurrency and allow miners to use excess electricity generated in the country.

13.07 / 17:53

Bitcoin lawmakers open UK lawmakers open inquiry into crypto risks

UK lawmakers have launched an inquiry into the risks and opportunities cryptoassets pose to businesses and consumers.

07.07 / 15:19

European Union abortion rights lawmakers rights European lawmakers demand that abortion be included in EU Charter of Fundamental Rights

The European Parliament has asked for the right to "safe and legal abortion" be added to the EU Charter of Fundamental Rights and stressed denying the procedure amounted to a form of violence against women and girls.

05.07 / 14:01

NFT regulation Europe Anti-money laundering lawmakers EU Lawmakers Want Anti-Money Laundering Rules To Cover NFTs

With the European Union advancing work on new regulations that could exert a significant impact on the crypto industry, a group of members of the European Parliament have proposed an amendment to the bloc’s anti-money laundering (AML) legislation that would cover non-fungible token (NFT) trading platforms with its provisions.

01.07 / 00:09

regulation Congress Women lawmakers US lawmakers US lawmakers say crypto industry has a 'tech bro' problem hurting innovation

According to some United States lawmakers in the House Financial Services Committee, the lack of diversity in the financial technology space could be hurting many companies’ bottom lines.

24.06 / 15:47

European Union lawmakers Bulgarian lawmakers vote to unblock North Macedonia's bid to join the EU

Bulgaria's parliament voted on Friday to lift its veto on the opening of negotiations for the accession of North Macedonia to the European Union, paving the way for the bloc to move ahead with expansion plans in the Western Balkans.

17.06 / 20:39

proof-of-work Congress Bitcoin lawmakers US lawmakers US lawmakers urge EPA to consider the potential benefits of crypto mining

A group of 14 United States senators and House representatives have signed a letter to the Environmental Protection Agency extolling what they believe are the benefits of crypto mining.

16.06 / 00:39

Target lawmakers crypto rules NOT SEC’s Gary Gensler warns lawmakers not to undermine wider markets with crypto rules

Securities and Exchange Commission chair Gary Gensler expressed concern 14 June that efforts in Congress to write legislation for the cryptocurrency industry could compromise regulations that govern the broader capital markets.

15.06 / 09:29

Target lawmakers crypto rules NOT SEC’s Gary Gensler warns lawmakers not to undermine wider markets with crypto rules

Securities and Exchange Commission chairman Gary Gensler expressed concern 14 June that efforts in Congress to write legislation for the cryptocurrency industry could compromise regulations that govern the broader capital markets.

09.06 / 14:05

Provident Digital lawmakers US lawmakers US lawmakers propose rules to safeguard crypto investors when exchanges collapse

A bipartisan duo of US senators introduced a bill that would aim to protect investors in the event that a cryptocurrency exchange files for bankruptcy by ensuring that their digital assets would be held separate.

09.06 / 13:47

Climate change European Union transport lawmakers EU lawmakers endorse ban on new petrol and diesel cars from 2035

The European Parliament on Wednesday threw its weight behind a proposed ban on selling new cars with combustion engines in 2035, seeking to step up the fight against climate change by boosting the development of electric vehicles.

07.06 / 12:33

lawmakers Janet Yellen Faces Lawmakers as Biden Officials Grapple With Inflation

WASHINGTON—Treasury Secretary Janet Yellen will face lawmakers this week as she and the Biden administration face scrutiny over high inflation and how they have addressed it.

02.06 / 12:33

Ethereum regulation Bitcoin lawmakers letter US lawmakers Community fires back at anti-crypto letter sent to US lawmakers

The increase of crypto lobbyists recently sparked an effort from anti-crypto individuals in the tech space to urge regulators through a letter to resist the influence of blockchain advocates. In response, the crypto community criticized the move and laid out counterarguments against the contents of the letter.

26.05 / 17:11

Provident Digital lawmakers vice chair Fed vice chair set to tell lawmakers a US central bank digital currency could coexist with stablecoins

WASHINGTON — A US central bank digital currency could one day coexist with and even complement so-called stablecoins, Federal Reserve Vice Chairwoman Lael Brainard plans to tell House lawmakers on 26 May.

19.05 / 21:43

UPS BlackRock lawmakers Power BlackRock, Vanguard could see voting power curbed as lawmakers line up new rules

A group of Republican senators is looking to curtail the power that big asset managers such as BlackRock and Vanguard have over public companies.

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