Warren Lays Out Her Own Framework for Crypto Market Structure

Trump banking cop threatens global financial security, warns top US Democrat

U.S. Senator Elizabeth Warren wants Randal Quarles sacked from the global watchdog, warning he will unwind post-2008 reforms.

Warren lays out her own framework for crypto market structure

Sen. Elizabeth Warren (D-Mass.) on Wednesday plans to lay out her own “principles” for legislation creating regulatory rules of the road for the digital assets market.   Warren, the top Democrat on the Senate Banking Committee and a vocal critic of the crypto industry, is offering up her framework in contrast to the principles put forward…

GENIUS Act Passes Senate, But Bureaucracy Could Muzzle Crypto

On June 17, the U.S. Senate voted to approve a regulatory regime for stablecoins. This vote represents one of the most significant milestones for cryptocurrency since the pseudonymous author Satoshi Nakamoto penned his white paper announcing the creation of a new digital private currency called "bitcoin" 16 years ago. By a vote of 68-30, the Senate passed the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act). It wi…

Trump Ally Compares Crypto Industry Writing Its Own Rules to Spilled 'Urine Sample'

John Kennedy (R-LA) and other senators raised concerns about crypto market structure legislation during a Senate hearing Wednesday.

Will Senate ignore bipartisan ex-regulator proposals for crypto infrastructure? - Ledger Insights - blockchain for enterprise

Two former regulators have been making proposals for US crypto infrastructure regulations for years. Unfortunately, their pragmatic suggestions appear to be falling on deaf ears. Today Timothy Massad, the former Democrat Chair of the Commodity Futures Trading Commission (CFTC) is again providing testimony, this time in a Senate Banking Committee hearing. He and former Republican […] The post Will Senate ignore bipartisan ex-regulator proposals f…

CLARITY Bill Could Allow Tesla And Meta To Evade SEC Rules

Massachusetts Senator Elizabeth Warren is sounding the alarm about how publicly traded companies could essentially bypass US securities laws if a bill to regulate cryptocurrency markets becomes law. In a Wednesday hearing of the Senate Banking Committee to address crypto market structure legislation, ranking member Warren said she would be in favor of digital asset regulations strengthening the US financial system, but expressed concerns about t…