News with the tag "US lawmakers"

Lawmakers in the Ohio House of Representatives proposed a bill to prevent extra taxes on crypto payments and address mining, staking, and regulation of digital assets and investments by the state retirement systems. Lawmakers Introduce ‘Ohio Blockchain Basis Act’ On Monday, Ohio lawmakers introduced...

As US lawmakers continue working on crypto adoption and better regulations, Illinois and Indiana representatives have introduced new Bitcoin-related bills seeking to embrace the flagship crypto at the state level. Illinois Introduces Strategic Bitcoin Reserve Act On Wednesday, Illinois State Represe...

Potential Trend Reversal for Bitcoin if Price Breaks Above $65.2K Bitcoin (BTC) has experienced a 16% surge after dipping below $54,000 earlier this month, but analysts at Bitfinex Exchange caution that a bullish reversal remains unconfirmed until BTC breaks above $65,200, according to CoinDesk. Thi...

US Lawmakers Urge SEC to Repeal SAB 121 Amid Cryptocurrency Custody Concerns U.S. lawmakers are urging the Securities and Exchange Commission (SEC) to repeal Staff Accounting Bulletin No. 121 (SAB 121), a regulation that mandates cryptocurrency custody accounting guidelines for financial companies. ...

Californian Democrat Brad Sherman has filed a significant crypto amendment with the House Rules Committee. This amendment is proposed to be included in the must-pass National Defense Authorization Act (NDAA) bill. Sherman’s push for this amendment gives light to the fact that the increasing concern ...

The minister assured that Binance had received appropriate consular access from the U.S. and all due care, following standard diplomatic protocols and the rule of law.

The minister assured that Binance had received appropriate consular access from the U.S. and all due care, following standard diplomatic protocols and the rule of law.

Five U.S. representatives have called on the U.S. Securities and Exchange Commission (SEC) and Chair Gary Gensler to ensure a uniform and fair treatment in their review of upcoming ethereum exchange-traded funds (ETFs), similar to their method used for approving spot bitcoin ETFs. SEC Urged to Maint...

In a recent development, Eric Balchunas highlighted bipartisan efforts by a group of House lawmakers, which notably includes Majority Whip Tom Emmer and NJ Democrat Josh Gottheimer. Their collective action took the form of a letter addressed to Gary Gensler, Chairman of the Securities and Exchange C...

US lawmaker Rep Thomas Massie mulls a bill to end the Federal Reserve sparking diverse reactions from the crypto community. In a recent poll on social media platform X (formerly Twitter), the lawmaker asked if he should roll out a bill to abolish the Federal Reserve. At press time, 88% of participan...