US Senators Press Bank Regulators For ‘Fair’ Crypto Capital Rules
A group of Senate Republicans is pressing bank regulators to build on recent regulatory progress by creating a clearer capital framework for crypto activities and asset treatment. Related Reading: UK House Of Lords Urges BoE To Ease Stablecoin Rules Over Competitiveness Concerns US Senators Call For Clear Crypto Capital Rules On Thursday, Senate Banking Subcommittee […]
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Senators and Republican lawmakers ended separate roundtable meetings this week as talks around the Crypto Market Structure Bill picked up steam. According to sources cited by Fox Business journalist Eleanor Terrett, both sides met with industry leaders, including executives from Coinbase and Ripple, to press ahead on draft language and priorities. Related Reading: Crypto Welcome: […]
The use of Bitcoin as a capital funneling method for Chinese investors is hitting the mainstream news, however, there is already talk of authorities clamping down on it - again. As China’s yuan continues its multi-year low against the dollar, authorities have acted to stem the outflow of value. Investors are finding ever more ingenious ways of getting their capital out of the country - and Bitcoin is becoming the method of choice. Now, even regional news outlets are quoting sources actively using Bitcoin where other methods are no longer available. Investor: China’s Market Rules ‘Not....
Two U.S. senators are working on a bipartisan, broad-based regulatory framework for cryptocurrency. “The work we’re doing is going to be a very complex and intensive review of the different aspects of this industry,” said one of the senators.
US Senators to Introduce Comprehensive Framework to Regulate Crypto Industry
U.S. Senators Kirsten Gillibrand (D-N.Y.) and Cynthia Lummis (R-Wyo.) are working together on “a broad-based regulatory framework” for how the crypto industry should be regulated, they explained Thursday at a Politico Live....
What began as a promising effort to apply transparent rules to crypto and stablecoins has run into a serious roadblock. Related Reading: Big Bitcoin Plan: Metaplanet Heads To Miami With $250 Million BTC Strategy On May 4, 2025, ten US Senators came out swinging against the revised version of the “GENIUS Act,” stating that it […]
Six U.S. senators have demanded answers from Meta CEO Mark Zuckerberg about how his company is handling cryptocurrency scams on its social media platforms, including Facebook, Instagram, and Whatsapp. “We are concerned that Meta provides a breeding ground for cryptocurrency fraud that causes significant harm to consumers,” the lawmakers wrote.
Senators Want Answers From Mark Zuckerberg and Meta Platforms
U.S. Senators Robert Menendez, Sherrod Brown, Elizabeth Warren, Dianne Feinstein, Bernard Sanders, and Cory A. Booker jointly sent a letter on Thursday to Mark....