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US Lawmakers Seek to Fire SEC Chair Gary Gensler in 2024

[Dec 29, 2023 8:30 PM] Two U.S. lawmakers have joined forces in an effort to fire Securities and Exchange Commission (SEC) Chairman Gary Gensler. “2024 would be a great time to fire Gary Gensler, pass the SEC Stabilization Act, [and] hold the SEC accountable for…

US Lawmaker Spotlights Crypto Bills Approved by House Committee This Year

[Dec 25, 2023 9:30 PM] U.S. Congressman Tom Emmer has highlighted various crypto bills that passed out of the House Committee on Financial Services this year. Among them is his appropriations amendment barring the U.S. Securities and Exchange Commission (SEC) “from…

Senate Coalition Grows to Crack Down on Crypto’s Use in Illicit Finance

[Dec 12, 2023 8:00 PM] U.S. Senator Elizabeth Warren’s bill to crack down on crypto’s use in illicit finance has gained more support among lawmakers. “The Treasury Department is making clear that we need new laws to crack down on crypto’s use in…

US Senator Calls for Light Crypto Regulation That Doesn’t Kill Innovation and Drive Companies Offshore

[Dec 8, 2023 8:30 PM] A U.S. senator says Congress needs to regulate the crypto industry “with a light touch that doesn’t kill innovation in the U.S.” Noting that crypto “has the potential to disrupt much of the traditional banking model,” he…

Treasury Asks Congress for More Authorities to Go After Illicit Actors in Digital Asset Space

[Nov 30, 2023 10:30 PM] The U.S. deputy secretary of the Treasury has revealed that the Treasury Department has asked Congress for more tools and authorities “to go after illicit actors in the digital asset space.” Moreover, he stressed: “We need to…

Congressman Calls for Gensler’s Removal After SEC Sues a Crypto Exchange Twice in 10 Months

[Nov 22, 2023 9:00 PM] A U.S. lawmaker has urged Congress to pass his bill that would fire U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler. This call followed the securities regulator filing a second lawsuit against crypto exchange Kraken this year…

US Senator Calls for Comprehensive Crypto Regulation to Protect Consumers

[Feb 16, 2023 4:35 PM] The chairman of the U.S. Senate Committee on Banking, Housing, and Urban Affairs, Sherrod Brown, has called for a comprehensive regulatory framework for cryptocurrencies. “Recent crypto meltdowns have made clear that we need a comprehensive…

US Senator Focused on Crypto Money Laundering Crackdown — Urges Congress, Regulators to Take Action

[Jan 29, 2023 6:30 PM] U.S. Senator Elizabeth Warren has called on Congress to ensure regulators, such as the Securities and Exchange Commission (SEC), have the tools to regulate the crypto industry effectively and crack down on crypto money laundering activities…

US Lawmakers Create ‘Congress’ First Ever’ Digital Assets Subcommittee

[Jan 14, 2023 9:30 PM] U.S. Congress’ “first ever” subcommittee on digital assets has been created as part of the House Financial Services Committee. “We want to create a regulatory legal framework for digital assets … that makes America a leader…