US Congress

US Congress Holds First Joint Committee Hearing on Crypto Legislation

Certain congressmen are still unsure whether digital assets deserve unique legislation.

1 year ago

US Senator Calls Banks “Sophisticated Ponzi Schemes”

No bank is safe from the panic of a bank run in today’s social communications age, says Senator John Kennedy. 

1 year ago

SEC Chair Under Fire by Congress: “Is Ether Commodity or a Security?”

Gary Gensler was questioned by the House Financial Services Committee on his accomplishments – and failures – in regulating crypto. 

1 year ago

CBDCs Are Aimed at Tracking Purchases and Controlling Our Money: US Congresswoman

Tulsi Gabbard believes CBDCs will be used to track all consumer purchases and eliminate cash. 

1 year ago

FinTech Law Professor Tells Congress That Crypto Should Be Restricted From Banking System

The Senate Banking Committee discussed what it would take to shield the traditional financial system form the vices of crypto.

1 year ago

US Senators Interrogate Silvergate on FTX Insider Knowledge

A bipartisan group of senators is suspicious of whether Silvergate was aware of FTX wiring customer funds to Alameda’s accounts…

1 year ago

SBF’s Timely Arrest Was Not Coincidental: Tom Emmer

A U.S. congressman suspects that certain parties want to keep Sam Bankman-Fried from speaking to the public. 

1 year ago

The United States Might Need to Ban Crypto, Says Banking Committee Chief

Senator Sherrod Brown thinks banning crypto could be an option for addressing all of the technology’s related risks. 

1 year ago

What Sam Bankman-Fried Planned to Tell Congress About FTX’s Collapse

Sam Bankman-Fried had many rumors to address about FTX US’s solvency and his alleged drug use.

1 year ago

Senator Lummis Now Believes Ether is Security

Both Lummis and CFTC chair Rostin Benham have flipped stances on Ether's status as a commodity.

1 year ago