Green Day, Notorious B.I.G, The Chicks. Getty Images(3) The Notorious B.I.G. is in the Library of Congress. On Tuesday, April 16, the National Recording Registry announced its 2024 selection. The NRR, a collection of recordings administered by the United States Library of Congress, seeks to preserve “the defining sounds of …
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The House Financial Services Committee (HSFC) pushed forward a resolution that could change the landscape for institutional adoption of Bitcoin and crypto. On February 29, a markup hearing saw bipartisan support for a resolution aimed at overturning a Securities and Exchange Commission (SEC) guideline—Staff Accounting Bulletin 121 (SAB 121)—which has …
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The future of cryptocurrency regulation in the United States hangs in the balance, caught between the push for stricter controls and concerns about stifling innovation. A recent letter from key members of Congress throws a curveball into Treasury Secretary Janet Yellen’s call for tighter regulations, specifically questioning the effectiveness of …
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In a recent statement before the House of Representatives, US Treasury Department Secretary Janet Yellen emphasized the need for Congress to pass legislation that provides clarity and regulation in the crypto markets. Secretary Yellen Calls For Action ‘Digital Asset Risks’ During the Financial Committee hearing, Yellen highlighted the “risks” associated …
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North Carolina Representative Wiley Nickel, joined by Senator Cynthia Lummis and Representative Mike Flood, has put forth a Congressional Review Act (CRA) resolution that could be of critical importance to the US Bitcoin and crypto industry. This significant legislative effort aims to overturn the Securities and Exchange Commission’s (SEC) directive …
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Pro-XRP lawyer John Deaton has publicly volunteered to testify at an upcoming congressional hearing on digital assets, financial technology, and inclusion. The hearing, scheduled for January 10, 2024, by the Digital Assets, Financial Technology, and Inclusion Subcommittee of the House Financial Services Committee, aims to examine the impact of the …
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In a significant move towards embracing blockchain technology, the United States Congress Committee on Energy and Commerce recently achieved a milestone by unanimously passing the Deploying American Blockchains Act of 2023. The bill voted in favor with a 46-0 majority, was part of a comprehensive session tackling 44 pieces of legislation. Secretary …
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The United States Congress has approved a temporary funding package, pushing the chance of a government shutdown into next year. According to AP News, the package was approved by Congress on Wednesday, November 15. RELATED: Here’s Why Senators Ted Cruz, Braun, And Grassley Want To Stop The Federal Government From Developing …
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No piece of legislation — crypto-related or otherwise — has largely been able to move through the United States Congress since Oct. 3, when lawmakers voted to oust then-Speaker of the House of Representatives Kevin McCarthy. This marks the first time in U.S. history that the legislative body has been …
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John E. Deaton, a seasoned attorney and notable figure within the XRP community, took to X (formerly Twitter) on Thursday, October 12, to signal his intention to write a letter to the Financial Services Committee (FSC), criticizing the lack of efficacy in addressing the US Securities and Exchange Commission (SEC) …
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Blamed for “kneecapping” the U.S. capital markets and slammed for dodging questions around Bitcoin and Pokemon cards, Gary Gensler appears to have had one hell of a grilling from Congress this week. On Sept. 27, the United States Securities and Exchange Commission chief again found himself in front of lawmakers …
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In a recent interview with Fortune Magazine, Anatoly Yakovenko, renowned entrepreneur and co-founder of Solana, emphasized the urgent need for regulatory clarity in the blockchain industry to attract and retain top talent in the United States. Yakovenko, who experienced the stark contrast between limited opportunities under Soviet rule and other …
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