JPMorgan CEO Jamie Dimon Tells Congress Crypto

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JPMorgan Chase CEO Jamie Dimon mentioned in a U.S. congressional listening to that crypto tokens, like bitcoin, are “decentralized Ponzi schemes.” He informed lawmakers: “I’m a main skeptic on crypto tokens which you name foreign money.” JPMorgan CEO Jamie Dimon Calls Crypto Ponzi Schemes Jamie Dimon, the CEO of JPMorgan Chase & Co., shared his … Read moreJPMorgan CEO Jamie Dimon Tells Congress Crypto

Congress desires to be notified of all crypto

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Because the U.S. grows more and more involved about sanctions evasions through cryptocurrency, a brand new invoice calls for that Congress be notified of all crypto assist offered to Ukraine. The invoice, which the Home of Representatives deliberated on Sept. 19, has been titled “Russia Cryptocurrency Transparency Act.” The invoice asks for the appointment of … Read moreCongress desires to be notified of all crypto

US Senator Desires Congress to Step in With Crypto

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U.S. Senator Pat Toomey says Congress ought to step in and supply a regulatory framework for cryptocurrency. He pressured that the U.S. Securities and Trade Fee (SEC) just isn’t sharing its framework for regulating crypto with lawmakers, noting that Chairman Gary Gensler “owes us far more readability on how and why he intends to use … Read moreUS Senator Desires Congress to Step in With Crypto

KlimaDAO Engages Tusk Strategies to Push Congress to Write

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The KlimaDAO announced Friday that it is collaborating with politicians to provide a legal framework for DAOs in the Lummis-Gillibrand Responsible Financial Innovation Act. KlimaDAO’s legal team told Decrypt that the DAO has had multiple conversations with staff members from the offices of Sens. Cynthia Lummis and Kirstin Gillibrand since May. The legislation was introduced to … Read moreKlimaDAO Engages Tusk Strategies to Push Congress to Write

US Congress Crypto Exchanges to Explain Fraud Prevention

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Join Our Telegram channel to stay up to date on breaking news coverage The US Congress committee sent letters to five major crypto exchanges requesting information about the measures they’ve undertaken to prevent crypto fraud. Four agencies including the US Department of Treasury, Securities and Exchanges Commission (SEC), the Commodity Futures Trading Commission (CFTC) and … Read moreUS Congress Crypto Exchanges to Explain Fraud Prevention

‘Congress Needs to Act’ on Crypto Says US Senator Elizabeth

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Democratic Senator Elizabeth Warren is calling on Congress and the SEC to take a more assertive stance with crypto, in light of recent high-profile insolvencies from lenders like Celsius, Vauld, Voyager, and BlockFi.  Warren told Yahoo Finance on Monday that “Congress needs to act, but the SEC has a responsibility to use its authorities to … Read more‘Congress Needs to Act’ on Crypto Says US Senator Elizabeth

Charles Hoskinson Testifies to Congress on Digital Asset

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Charles Hoskinson – CEO of Input Output Global (IOK) and founder of Cardano – testified to the U.S. House Subcommittee on Commodity Exchanges, Energy and Credit on Thursday. He provided congress with information about the utility of blockchain, and what responsible regulation of the technology and industry could look like. The Benefits of Transparency In … Read moreCharles Hoskinson Testifies to Congress on Digital Asset

Powell: Congress to Receive Guidance from Federal Reserve on

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U.S. Federal Reserve Chair Jerome Powell said Congress will eventually receive guidance from the Fed on how it could implement a central bank digital currency (CBDC). Speaking before the U.S. House Committee on Financial Services, Powell said, “I think it’s something we really need to explore as a country,” adding that the prospect of a … Read morePowell: Congress to Receive Guidance from Federal Reserve on