In a significant legislative move, the U.S. Senate voted 60-38 on Thursday to overturn the Securities and Exchange Commission’s (SEC) controversial crypto policy known as Staff Accounting Bulletin No. 121 (SAB 121). This policy, which…
The U.S. House of Representatives is on the verge of a vote that will represent the closest the cryptocurrency industry has ever been toward finally winning regulation in the U.S., and the sector's associations and top businesses are…
Crypto industry experts are calling for bipartisan support in the regulation of digital assets, emphasizing the need to work across party lines to establish sound crypto policies, as the U.S. Senate voted 60-38 on Thursday to overturn…
House representatives are gearing up for a vote on two major bills of cryptocurrency legislation. The Financial Innovation and Technology (FIT) for the 21st Century Act and an anti-Central Bank Digital Currency (CBDC) bill, sponsored by…
The US House of Representatives has voted for a resolution to overturn the Securities and Exchange Commission (SEC)’s 2022 bulletin on crypto custodian accounting.
US President Joe Biden released a statement opposing the resolution…
UNITED STATES - OCTOBER 24: Rep. Mike Flood, R-Neb., leaves a House Republican Conference speaker of ... the House election meeting in Longworth Building on Tuesday, October 24, 2023. (Tom Williams/CQ-Roll Call, Inc via Getty…
Understanding the House Vote: Crypto Policy Nullification
The U.S. House of Representatives voted Wednesday to endorse a resolution dismissing the Securities and Exchange Commission (SEC) cryptocurrency accounting direction…
The U.S. House of Representatives voted Wednesday to approve a resolution rejecting Securities and Exchange Commission (SEC) cryptocurrency accounting guidance that the industry said has deterred banks from handling crypto customers, but…
New legislation is on the way to target mixers as money-laundering tools, according to Rep. Sean Casten, who also highlighted Tether as the favorite token for illicit finance.New legislation is on the way to target mixers as…
Pro-crypto Republicans are preparing a broadside against the U.S. Securities and Exchange Commission (SEC) this week, demanding that the agency rescind its current guidance that they say discourages banks from offering crypto custody…
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