5 / 5 Relevant items tagged with #Senate

Posts

Biden Vows to Veto House Republicans’ ‘Fair Tax Act’ Proposing Elimination of IRS

[Jan 13, 2023 9:00 AM] Several U.S. House of Representatives Republicans have proposed legislation that would significantly decrease funding for the Internal Revenue Service (IRS). The move comes after the newly elected Speaker, Kevin McCarthy, stated that he would…

President of Brazil Sanctions Cryptocurrency Law

[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…

Inaccurate U.S. Senate Testimony Misleads Lawmakers, Public About Bitcoin

[Dec 22, 2022 12:35 PM] In testimony before the U.S. Senate Banking Committee, actor Ben McKenzie and professor Hillary Allen offered inaccuracies about Bitcoin.This is an opinion editorial by Level39, a researcher focused on Bitcoin, technology, history, ethics and…

Binance 'put FTX out of business' — Kevin O'Leary

[Dec 14, 2022 3:30 PM] A US Senate committee heard details of the investor's conversations with Sam Bankman Fried before the collapse.

Crypto blame game back on US Senators' menu following SBF arrest

[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.

Hours before his arrest, SBF denied being part of ‘Wirefraud’ chat group

[Dec 12, 2022 11:00 PM] SBF’s last tweet before his arrest for reportedly committing wire fraud was dispelling his involvement in a group chat purportedly called “Wirefraud.”

SBF misses the Senate hearing but promises to testify to the House: Law Decoded

[Dec 12, 2022 2:00 PM] Sam Bankman-Fried is willing to testify before the Financial Services Committee of the U.S. House of Representatives on Dec. 13.

SBF 'willing' to testify at Senate hearing on the FTX collapse

[Dec 9, 2022 7:51 AM] Despite missing a response deadline, Sam Bankman-Fried says he’s willing to testify at a U.S. Senate hearing into the collapse of FTX.

Sam Bankman-Fried misses deadline to respond to testimony request, now what?

[Dec 8, 2022 9:49 PM] The Senate banking committee set a deadline for Sam Bankman-Fried to respond to the request on Dec. 8 at 5pm ET.

US Senate committee hearing on FTX fail brings gaps in regulatory authority to light

[Dec 1, 2022 3:59 PM] CFTC chair Rostin Behnam appeared before a Senate Agriculture Committee to talk about how FTX happened and how it could have been prevented.

Sen. Warren: Biden administration worked to stop crypto being 'dangerously intertwined' with banks

[Nov 30, 2022 3:15 PM] The Massachusetts senator, an outspoken skeptic of crypto, applauded the efforts of FDIC acting chair Martin Gruenberg to separate digital assets from banking.

Senate Banking Committee chair calls for coordination with Treasury on crypto

[Nov 30, 2022 1:00 PM] The committee chair cited crypto exchange FTX’s “alarming fraud”, liquidity crunch, and bankruptcy as an example of financial risk Treasury and regulators should address.

Crypto Biz: Institutions short Bitcoin as SBF is ‘deeply sorry’ for FTX collapse

[Nov 25, 2022 3:30 PM] The fallout from the FTX collapse continues to reverberate across the crypto market. Institutions are using this opportunity to short BTC.

US Sen. Elizabeth Warren says crypto will ruin economy —community responds

[Nov 23, 2022 3:49 AM] Elizabeth Warren’s WSJ op-ed, which correlated the fall of the FTX crypto exchange to crypto ruining the entire economy, did not go unnoticed by the online crypto community.

US Senate committee schedules FTX hearing for Dec. 1, CFTC head to testify

[Nov 21, 2022 3:30 PM] The hearing, titled 'Why Congress Needs to Act: Lessons Learned from the FTX Collapse', will be one of the first in which U.S. lawmakers explore what happened with the exchange.

Brazilian Cryptocurrency Bill Resurfaces After General Ballot

[Nov 21, 2022 3:30 AM] The Brazilian cryptocurrency bill, sidelined several times due to the general election ballot that happened on October 30, might be discussed and voted on during the following week. According to reports, the project identified as 4.401/2021 will be…

FDIC to prioritize crypto risk assessment as banks perform poorly in Q2

[Nov 16, 2022 3:11 AM] With banks reporting $470 billion in unrealized losses and FDIC foreseeing the continuation of this trend, acting chairman Gruenberg believed banks must cautiously engage in crypto-asset activities.