US Congress Building Pro-Crypto Army, Lawmaker Says

May 23, 2024 Bitcoin.com

bitcoin.com

Crypto is gaining momentum among U.S. lawmakers. Senator Cynthia Lummis stated: “We are building a pro-crypto army in Congress.” This declaration came shortly after the House of Representatives passed the landmark Financial Innovation and Technology for the 21st Century Act (FIT21) crypto bill, despite opposition from the White House and SEC Chairman Gary Gensler. ‘We […]

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House Passes Landmark Crypto Bill Marking ‘Historic Day’ for Americans

May 23, 2024 Bitcoin.com

bitcoin.com

The U.S. House of Representatives has approved the Financial Innovation and Technology for the 21st Century (FIT21) Act for the regulation of crypto assets despite opposition from President Joe Biden and SEC Chair Gary Gensler. This landmark legislation secured a bipartisan approval with a vote of 279 to 136. “FIT21 is the first legislation of […]

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House of Representatives To Vote on Major Crypto Bill by the End of This Week – Here’s What It’s About

May 22, 2024 The Daily Hodl

crypto

The U.S. House of Representatives is gearing up to vote on a major crypto bill that aims to clarify how digital assets are regulated. The bipartisan “Financial Innovation and Technology for the 21st Century Act” would empower the Commodity Futures Trading Commission (CFTC) to regulate crypto assets as commodities if the blockchain they run on […]

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US Representatives Plan Series of Congressional Hearings This Month To Discuss Clear Rules for Crypto

May 1, 2023 The Daily Hodl

crypto

Members of the U.S. House of Representatives are planning a series of hearings to discuss clear crypto guidelines. In a new press release, the heads of four different Committees within the House say they are planning to hold multiple meetings to identify regulatory issues within the crypto industry and solve them. The lawmakers say they […]

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SEC Chair Gary Gensler To Face Congress Over Strategy on Digital Assets

March 29, 2023 The Daily Hodl

congress

The Chairman of the U.S. Securities and Exchange Commission (SEC) is set to face Congress over his approach on crypto assets. In a recent interview with Punchbowl News, Republican Congressman Patrick McHenry, the current Chair of the House of Representatives Financial Services Committee, confirms that SEC Chair Gary Gensler will face Congress on April 18th […]

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Bank Board Member and Dodd-Frank Co-Sponsor Barney Frank Suspects ‘Anti-Crypto’ Message Behind Signature Bank Failure

March 13, 2023 Bitcoin.com

anti-crypto

Barney Frank, a former member of the U.S. House of Representatives from Massachusetts and leading co-sponsor of the 2010 Dodd-Frank Act, discussed his opinion on the recent failure of Signature Bank. In an interview, Frank stated that he believes regulators aimed to “send a very strong anti-crypto message.” Frank, who also serves as a Signature […]

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Future of Bitcoin and Crypto Will Be Determined by Congress – Not the Biden Administration, Says House GOP Leader

March 10, 2023 The Daily Hodl

Biden Administration

A Republican House leader says Congress will shape the future of Bitcoin (BTC) and cryptocurrency in the US – not the White House. House majority whip Tom Emmer is outlining a list of pro-crypto proposals making their way through the House of Representatives that he believes would bring constructive clarity to the emerging industry. And […]

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Got Bitcoin? US Senator Ted Cruz Introduces Bill To Enable Crypto Payments on Capitol Hill

January 28, 2023 The Daily Hodl

Bitcoin

US Senator Ted Cruz wants lawmakers in Washington D.C. to be able to purchase their vending-machine snacks using crypto assets. Cruz submitted a resolution earlier this week that would require the Senate and the House of Representatives to only work with food service and vending machine contractors that accept cryptocurrencies. The resolution would apply to […]

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U.S. House Financial Services Committee Plans Official Hearing on FTX Collapse: Report

November 17, 2022 The Daily Hodl

Binance

The U.S. House Financial Services Committee is reportedly planning on holding an official hearing regarding the recent collapse of the crypto exchange platform FTX. According to a new report by The Wall Street Journal, the leaders of the committee, Democratic Representative Maxine Waters of California and Republican Representative Patrick McHenry of North Carolina, said they are […]

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US Lawmakers Introduce Bill To Require Members of Congress To Disclose Crypto Holdings

June 4, 2022 The Daily Hodl

congress

Two US lawmakers have introduced a bipartisan bill that would require members of Congress to declare their crypto holdings. The Cryptocurrency Accountability Act would make it mandatory for members of Congress to report any purchase, sale or exchange of digital assets that exceeds $1,000. They would also have to report crypto transactions made by their […]

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