The U.S. Needs To Lead in Bitcoin, Says Congressman Patrick McHenry

The United States Representative says that cash is king in illicit finance and that Bitcoin is a bastion of freedom.

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US Senator Ted Cruz: ‘I Like BTC for the Same Reason the Chinese Communist Govt Doesn’t Like BTC’

United States Senator Ted Cruz has said he remains “incredibly bullish on bitcoin” which he described as the “alpha in the crypto sphere.” According to Cruz, people are attracted to bitcoin because they see it as a hedge against inflation and also as an “important check” against government spending. Bitcoin Is Still the ‘Most Dominant’

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US Congressman Under the Radar for Promoting a Crypto Pump and Dump Scheme

Madison Cawthorn, a Congressman, has been accused and might face charges for his involvement in a crypto pump and dump scheme. He might face charges for the violation of insider trading laws. Madison, a Republican Congressman from North Carolina, has been tagged for his involvement in a pump and dump crypto scheme called Let’s Go […]

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US Lawmaker Urges Government to Guarantee All Deposits to Avoid Runs on Smaller Banks

A U.S. congressman has urged the federal government to temporarily insure every bank deposit in the country. Following the collapses of several major banks, he stressed that if the government does not do this, there will be a run on smaller banks. “This is a contagion that could be spread across the entire banking system,” [...]

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Former Congressman McHenry Joins a16z as Senior Advisor: Exciting News Ahead!

Former US Congressman McHenry Joins A16Z as Senior Advisor Charles Taylor “Charlie” McHenry, a former United States Congressman, is set to join the prestigious venture capital firm Andreessen Horowitz (A16Z) as a senior advisor. With his extensive experience in public policy and regulatory affairs, McHenry will provide strategic guidance to A16Z on navigating the complex [...]

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US Lawmakers Call on SEC to Stop Regulatory Assault on Crypto Following XRP Ruling

U.S. lawmakers have called on the U.S. Securities and Exchange Commission (SEC) to drop its regulatory assault on the crypto industry following the landmark ruling on the SEC v. Ripple case regarding XRP. “The SEC has chosen to communicate and regulate not by clear rule or guidance but by enforcement actions, often politically timed,” one [...]

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SEC ‘Crusade’ Against Crypto Industry Must End, Congressman Torres Says

The SEC faced another barrage of criticism from US Congressman Ritchie Torres, who urged chair Gary Gensler to end his ”crusade” against the cryptocurrency industry. [...]

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Congressman Emmer: Gary Gensler is an incompetent “cop on the beat”

Tom Emmer, the US House Majority Whip and Congressman for Minnesota, says SEC Chair Gary Gensler has accomplished nothing of note towards crypto regulation and that he is an “incompetent cop on the beat.” In comments posted on Twitter following Gensler’s appearance at the US House Committee on Financial Services hearing on Tuesday, where among …

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US Treasury Secretary: No Alternative Reserve Currency Can ‘Replicate’ Role Played by the Dollar

United States Treasury Secretary Janet Yellen recently told members of the U.S. Congress that while some countries are seeking to create alternatives to the greenback, no country, including China, can create a currency which replicates the dollar’s role in the global financial system. The U.S. Treasury secretary also claimed that it will not be easy

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Republican Congressman Seeks to Oust SEC Chair Gensler With SEC Stabilization Act

Warren Davidson, the Republican congressman who first introduced the legislation in mid-April, has filed the SEC Stabilization Act to remove Gary Gensler, the current chair of the U.S. Securities and Exchange Commission (SEC). Davidson insists the act aims to safeguard U.S. capital markets “from a tyrannical chairman.” Legislation Filed to Remove SEC Chair Gensler in [...]

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Bipartisan support for crypto is fragile Congressman John Curtis

71 Democrats joined their Republican colleagues in a rare bipartisan effort to repeal the SECs SAB-121 guidelines from earlier this year.

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