[Feb 1, 2023 9:00 AM] On Wednesday, 60 organizations involved in cryptocurrencies, open-source and free software, and human rights and privacy-preserving projects launched a new campaign calling on the 118th U.S. Congress to protect privacy. The groups, including Fight…
[Jan 31, 2023 10:03 AM] Silvergate reportedly cited restrictions on disclosing “confidential supervisory information” related to the collapse of FTX in response to a similar December 2022 letter.
[Jan 27, 2023 11:53 PM] The Biden administration touted its comprehensive framework and encouraged regulators and Congress to tighten the screws on crypto in a new statement.
[Jan 27, 2023 11:30 PM] The chairman of a newly formed digital assets committee, U.S. Congressman French Hill, has outlined some priorities to regulate the crypto sector and ensure America is the place for fintech and blockchain innovation. “We want a regulatory…
[Jan 27, 2023 1:30 PM] According to court documents in the FTX bankruptcy case, the company’s attorneys seek to subpoena FTX co-founder Sam Bankman-Fried, his brother Gabriel Bankman-Fried, and his parents, Joseph Bankman and Barbara Fried. Additionally, the…
[Jan 26, 2023 10:51 PM] The chair of the Financial Services Subcommittee on Digital Assets wants to make America the place for fintech and blockchain innovation.
[Jan 14, 2023 1:30 PM] Janet Yellen, the U.S. secretary of the Treasury, sent a letter to Congress on Friday urging lawmakers to increase the spending limit. Yellen stressed that the country would reach its statutory debt limit on Jan. 19, 2023. She warned that…
[Jan 14, 2023 11:30 AM] Following charges by the U.S. Securities and Exchange Commission against the crypto exchange Gemini and the digital currency lender Genesis, Tron founder Justin Sun told the press that he may be able to purchase assets from Genesis, up to $1…
[Jan 14, 2023 3:30 AM] The Legislative Assembly of El Salvador approved the Digital Assets Issuance Law, a framework that will allow the country to issue crypto-related debt instruments. The approved law, which was passed thanks to the majority that President Nayib…
[Jan 12, 2023 4:00 PM] While the former CEO of FTX, Sam Bankman-Fried, awaits his trial at the end of the year, reports indicate that the company donated millions of dollars to early Covid-19 researchers. The research was reportedly used to cast doubt on specific…
[Jan 12, 2023 3:54 PM] Representatives French Hill and Warren Davidson will reportedly be the chair and vice chair of the subcommittee, respectively, focused on issues related to crypto.
[Jan 10, 2023 1:30 PM] Four U.S. Senators said Sullivan & Cromwell was "simply not in a position to uncover the information needed to ensure confidence in any investigation or findings" regarding FTX.
[Jan 4, 2023 2:45 PM] With no leadership elected to the House of Representatives, efforts to address fraud allegations at FTX or legislate crypto may be delayed indefinitely.
[Jan 4, 2023 12:30 PM] According to public filings, former crypto billionaire and FTX co-founder Sam Bankman-Fried met with senior Biden administration officials before he was indicted for financial fraud. When asked about the visits, White House press secretary Karine…
[Jan 2, 2023 2:15 PM] All members of Congress are already required to report most investments in stocks and cryptocurrency, but many have pointed to potential conflicts of interest.
[Dec 23, 2022 5:00 AM] President Jair Bolsonaro has approved law 14.478, which regulates cryptocurrency-related operations and virtual asset service providers (VASPs) in Brazil. The document, approved on the last day of the period allowed, will begin to be applied 180…
[Dec 20, 2022 7:30 PM] A U.S. senator has suggested that cryptocurrency should “maybe” be banned following the collapse of crypto exchange FTX. However, he acknowledged that banning crypto “is very difficult because it will go offshore and who knows how…
[Dec 19, 2022 3:17 PM] Congress is set to take up a slew of legislative proposals in 2023 that will determine which regulators have chief domain over cryptocurrency.
[Dec 19, 2022 3:01 PM] Under the proposed bill, companies could apply for an “enforceable compliance agreement” with offices at federal financial agencies that would allow for a regulatory path forward.
[Dec 16, 2022 3:00 PM] According to the FSOC, issues at FTX had “precipitated price decreases in Bitcoin and other crypto-assets” but “had a limited impact on the broader U.S. financial system.”
[Dec 14, 2022 3:00 AM] While Congressman Brad Sherman saw SBF as the poster child of the crypto ecosystem, congressman Tom Emmer highlighted the crypto community's contribution to uncovering the supposed FTX fraud.
[Dec 13, 2022 11:48 AM] Some members of the U.S. House of Representatives questioned whether Sam Bankman-Fried’s actions at FTX and Alameda may have been willful or due to gross incompetence.
[Dec 13, 2022 5:30 AM] SBF blamed the current CEO, his legal counsel, the law firm he appointed for bankruptcy, and Binance CEO CZ, without admitting any wrong on his part.
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