Senate Democrats Lead Inquiry Into Binance: Warren Heads Effort With Letter T...
Cryptocurrency exchange Binance is once again facing mounting scrutiny in Washington, as lawmakers question whether the company is living up to the terms of its 2023 settlement with US authorities — an agreement that ultimately led to the resignation of its founder and former CEO, Changpeng Zhao (CZ). Democrats Urge DOJ And Treasury Investigation On Friday, journalist Eleanor Terrett of Crypto In America reported that eleven Democrats on the Senate Banking Committee, led by crypto-skeptic Elizabeth Warren, sent a letter to Attorney General Pam Bondi and Treasury Secretary Scott Bessent....
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Cryptocurrency exchange Binance is once again facing scrutiny in the United States, this time following a formal inquiry launched by Democratic Senator Richard Blumenthal. Senate Demands Records From Binance In a letter dated February 24 and addressed to Binance co-CEO Richard Teng, Blumenthal cited reports suggesting the company enabled “large-scale violations” of US and international […]
US Senator Elizabeth Warren sent a letter to Securities and Exchange Commission (SEC) Chairman nominee Paul Atkins questioning his call for less strict crypto regulations and potential conflicts of interest. The inquiry precedes his upcoming Senate Banking Committee hearing. Related Reading: US Treasury Faces Backlash Over Attempt To Dismiss Tornado Cash Case Without Final Ruling […]
Article updated on August 15 at 18:40 (BST). A US Senate committee has begun an inquiry into bitcoin and virtual currency, pressing financial regulators and law enforcement agencies for further information and guidance. In a letter sent on Monday Aug 12, the US Senate Committee on Homeland Security & Governmental Affairs asked the Department of Homeland Security (DHS) for information on any policies, guidance, plans and strategies they have that pertain to virtual currencies. The letter (embedded below) was sent to the secretary of the DHS, The Honorable Janet Napolitano, from the Senate....
In a recent letter, multiple Senate Democrats have raised concerns about a potential breach of federal ethics laws due to the US Special Envoy to the Middle East’s failure to divest from his crypto asset holdings. Related Reading: Crypto ‘No Longer In The Fringes’: Federal Reserve Governor Declares Start Of New Era US Senators Question […]
There's been some minor commotion when it comes to the Australian stance on bitcoin. In short, people aren't happy (just take a look at the recent news from Coinjar). And now, we're learning that the Australian Senate is planning to launch an inquiry into bitcoin and other digital currencies. Specifically, the Senate Economic References Committee will be conducting the examination. Sam Dastyari, the Committee's chair, is responsible for spearheading the inquiry. So, just what the inquiry cover? According to ITNews, the purpose of the inquiry is to take a look at what options the Australian....