Senate Banking Committee And Treasury To Join Hands For Crypto Legislation

The chairman of the US Senate Banking Committee, Sherrod Brown, has urged Treasury Secretary Janet Yellen to collaborate with lawmakers and banking authorities on comprehensive crypto legislation “in the wake of FTX’s downfall.” In a letter dated Nov. 30 and addressed to Yellen, the Senate Banking Committee Chair, Brown demanded that the Treasury secretary works […]

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Senators slam bank execs for blaming collapses on crypto, pocketing millions

Senator Lummis noted that Signature Bank’s Scott Shay mentioned digital assets 10 times in his testimony about the bank’s collapse.

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US House oversight committee is probing crypto debanking

The US House Oversight Committee has announced its investigating cases of debanking of crypto companies. Uniswap, Coinbase, Kraken, a16z and Blockchain Association are among crypto companies and entities to receive a letter asking for information on the alleged debanking. The Senate Banking Committee is also set to hold a hearing on debanking in early February. […]

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Rep. Senator Cynthia Lummis selected to chair crypto subcommittee

Republican Wyoming Senator Cynthia Lummis has been picked to chair the crypto subcommittee Lummis, a crypto advocate, filed the Bitcoin Act of 2024 bill last month Other Republican members of the crypto subcommittee include Senators Bernie Moreno from Ohio, Dave McCormick from Pennsylvania, Thom Tillis from North Carolina and Bill Hagerty from Tennessee The US […]

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