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United States Senator Cynthia Lummis recently highlighted the potential of the crypto market to boost the nation’s economy, emphasizing that the nation must be willing to recognize and take advantage of these new opportunities. Lummis has long been a vocal supporter of cryptocurrency, consistently informing Congress about the importance of virtual currencies. Lummis reflected on […]
Senator Cynthia Lummis has expressed skepticism regarding a dinner that was organized to promote a meme coin associated with former President Trump. The event, which took place in New York, aimed to generate interest in the cryptocurrency by leveraging Trump’s popularity. Lummis, however, has raised concerns about the legitimacy and sustainability of such coins. During [...]
The first preliminary agenda for Bitcoin 2025, the worlds most influential Bitcoin conference, has just been released. Taking place May 2729 in Las Vegas.
Senator Cynthia Lummis stands as a vocal supporter of the crypto community. In a bold stance, she criticized the Biden administration and regulatory bodies for their intensified scrutiny of the crypto market. As discussions on digital assets intensify, Lummis emerges as a key ally for the crypto industry, advocating for their interests amidst the regulatory […]
After months of meetings with industry experts and AI critics, four U.S. senators published what they say is a comprehensive roadmap for maintaining U.S. leadership in AI development.
If the Justice Dept. prevails in the case against the cryptocurrency mixer, internet service providers and the post office may also be liable to transmitter requirements, they said.
Guidance on crypto banking in the United States has been a topic of discussion at the Federal Reserve, with Senator Cynthia Lummis expressing doubts. The debate revolves around the regulation and integration of cryptocurrencies within the traditional banking system. Lummis, a known supporter of crypto assets, believes that the current regulatory frameworks may hinder innovation [...]
The post Senator Lummis Criticizes Fed’s Withdrawal of Crypto Banking Rules as “Lack of Real Progress” appeared first on Crypto Breaking News.
A United States senator has publicly voiced support for the impeachment of former President Donald Trump, referencing a controversial incident involving a meme cryptocurrency at a dinner event. The senator pointed to the use of a meme coin during the dinner as evidence of Trump’s lack of seriousness and competence in handling political matters. The [...]
The post US Senator Demands Trump Impeachment, Cites Memecoin Dinner appeared first on Crypto Breaking News.
Bitcoin price holds above $63,000 even as regulatory enforcement ramps up and spot BTC ETF outflows raise concern.
West Virginia’s BTC Reserve Bill: Providing Freedom from a CBDC, According to a State Senator A State Senator in West Virginia has proposed a new bill that would establish a reserve for Bitcoin (BTC) in the state’s treasury. This move is seen as a way to safeguard the state’s finances from the potential risks associated [...]
The post Discover How West Virginia’s BTC Reserve Bill Offers Freedom from CBDC, According to State Senator appeared first on Crypto Breaking News.
US Senator Elizabeth Warren said any new crypto regulation, including the newly proposed regulatory framework for the stablecoin market, must include the full suite of anti-money laundering authorities that the Treasury Department requested in November 2023. In an April 16 letter addressed to US Treasury Secretary Janet Yellen, Senator Warren articulated her stance and advocated […]
The post Senator Warren wants to extend anti-money laundering rules to crypto miners and validators appeared first on CryptoSlate.
Senator Tim Scott expressed optimism that the Market Structure Bill will be successfully passed in August. The proposed bill aims to address various issues related to market structure and will have far-reaching implications for the financial industry. Scott emphasized the importance of comprehensive legislation to ensure a fair and transparent market for investors. The bill [...]
The post Senator Tim Scott anticipates market structure bill will pass by August appeared first on Crypto Breaking News.
Senator Ted Cruz is partnering with a Texas-based energy company, Flare Energy, to provide sustainable energy solutions for crypto miners in the state. This collaboration aims to address the environmental concerns surrounding cryptocurrency mining by utilizing renewable energy sources. Cruz has been vocal about the importance of embracing innovation while also prioritizing environmental conservation. By [...]
The post Crypto Miner Supports US Senator’s Plan to Encourage Flared Gas Utilization appeared first on Crypto Breaking News.
On July 28, 2023, U.S. president Joe Biden made a trip to Auburn, Maine, where he delivered a speech at Auburn Manufacturing and subsequently attended a private fundraising gathering. Eric Brakey, the Republican senator representing Maine, greeted Biden upon his arrival in Auburn and handed him a note. In the message, he suggested that the [...]
The post Maine Senator Urges Biden to Consider Clemency for Ross Ulbricht During President’s Auburn Visit appeared first on Crypto Breaking News.
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’
The post US Senator Ted Cruz: ‘I Like BTC for the Same Reason the Chinese Communist Govt Doesn’t Like BTC’ appeared first on BTC Ethereum Crypto Currency Blog.
U.S. Senator Rand Paul has warned that the U.S. dollar could lose its status as a global reserve currency. “For a variety of reasons, both foreign policy as well as fiscal irresponsibility, yes, the dollar is in a precarious position,” said the lawmaker. Senator Rand Paul on U.S. Dollar Losing Reserve Currency Status U.S. Senator [...]
The post US Senator Rand Paul Warns of US Dollar Losing Reserve Currency Status — Says ‘It’s Not an Unfounded Prediction’ appeared first on Crypto Breaking News.
The stability of Donald Trump’s proposed stablecoin is facing intense scrutiny from financial regulators. The potential launch of this cryptocurrency has sparked concerns among officials who are wary of its impact on the financial system. Regulators are closely monitoring the development of Trump’s stablecoin, which aims to provide a secure and reliable digital asset for [...]
The post Senators demand answers from regulators about Trumps WLFI stablecoin appeared first on Crypto Breaking News.
Senator Cruz and Companion Bill to Prohibit Federal Reserve CBDC, Digital Dollar Senator Ted Cruz has introduced a new bill alongside another Congress member that aims to prevent the Federal Reserve from issuing a central bank digital currency (CBDC) also known as a digital dollar. The bill, if passed, would put a stop to any [...]
The post Senator Cruz Proposes Bill to Ban Federal Reserve from Issuing CBDC appeared first on Crypto Breaking News.
Senator John Kennedy put Paul Atkins, CEO of SBF Pardon, in the hot seat during a recent hearing. The Senator raised tough questions about Atkins’ company and its practices. Atkins seemed taken aback by Kennedy’s relentless grilling. He struggled to provide satisfactory answers to the Senator’s inquiries about SBF Pardon’s business model and compliance standards. [...]
The post Senator John Kennedy’s Intense Questioning of SEC Nominee Paul Atkins Regarding SBF Pardon appeared first on Crypto Breaking News.
Senator Gillibrand believes that yield-bearing stablecoins have the potential to disrupt traditional banking systems. These digital assets offer users the ability to earn interest on their holdings, bypassing the need for traditional banking services. Stablecoins are a type of cryptocurrency that are pegged to a stable asset, such as the US dollar, to minimize volatility. [...]
The post The Impact of Yield-Bearing Stablecoins on Banking: Insights from US Senator Gillibrand appeared first on Crypto Breaking News.
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