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Tag: cynthia lummis

US senators unveil stablecoin regulation bill

Senators Cynthia Lummis and Kirsten Gillibrand introduced a bill that imposes requirements on stablecoin issuers in the United States, including the mandate for dollar-backed...

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Cryptocurrency Industry Reacts Negatively To Biden’s Tax Plan – CryptoInfoNet

President Joe Biden’s proposed 30% tax on crypto mining power faced criticism for potentially harming the industry and erasing investor wealth.The resurgence in Bitcoin...

Fed chair Powell confirms regulator has no plans to recommend, adopt CBDCs

US Federal Reserve Chair Jerome Powell told lawmakers that the regulator remains far from adopting or even recommending a central bank digital currency (CBDC).Powell...

John Deaton, Pro-XRP Advocate, Announces Senate Campaign To Replace Elizabeth Warren, Supported By Coinbase Funding – CryptoInfoNet

John Deaton, a well-known crypto attorney and advocate for XRP holders, made an announcement on Tuesday regarding his campaign for Senate, with the goal...

Gary Gensler answers lawmakers about X breach and fake Bitcoin ETF approval

Gary Gensler, chair of the U.S. Securities and Exchange Commission (SEC), has responded to lawmakers regarding a breach of the SEC’s X account.On Jan....

SEC’s Misstep in Debt Box Lawsuit Sparks Senate Republican Critique

Five Republican senators have criticized the SEC for unethical conduct in a lawsuit against Digital Licensing, highlighting concerns about enforcement practices in the crypto...

Republican senators slam Gensler’s SEC over mishandling DEBT Box case

Several Republican senators have criticized the SEC’s recent mishandling of the DEBT Box case as “unethical” and raised questions about the watchdog’s regulatory approach...

Weekly Recap: Crypto Enforcement, Ripple Hack, And FTX Plans – CryptoInfoNet

This week saw a surge in global crypto enforcement actions, with the U.S., Germany and Hong Kong taking center stage. Ripple co-founder and chairman...

CFTC Asserts Authority In DeFi Space At Forum – Thomson Reuters Institute – CryptoInfoNet

It could be said that 2023 has been a year of setbacks in crypto for the U.S. Securities and Exchange Commission (SEC) — or...

Coinbase Lawsuit: Federal Judge Blasts SEC During First Oral Arguments

The first round of oral arguments between Coinbase and U.S. regulators during their major legal war has come to a close. The result? No immediate...

The Truth Behind the SEC’s X Account Hack : Insights from Gary Gensler

In a recent press release, SEC Chairman Gary Gensler addresses the unauthorized access to the SEC’s ‘@SECGov’ X account, offering reassurance that no evidence...

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