Search Results for: senate hearing cryptocurrency

Fed Chair Powell on Crypto: We See Turmoil, Fraude, Lack of Transparency, Run Risk

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Federal Reserve Chairman Jerome Powell has outlined several risks related to crypto activities during a hearing before the Senate Committee on Banking, Housing, and Urban Affairs. While stating that the Fed sees turmoil, fraud, a lack of transparency, and run risk…

US Lawmaker Suggests ‘Maybe’ Crypto Should Be Banned Citing Bigger Issues Than FTX

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A U.S. senator has suggested that cryptocurrency should “maybe” be banned following the collapse of crypto exchange FTX. Sin embargo, he acknowledged that banning crypto “is very difficult because it will go offshore and who knows how that will work.” Senator Sherrod…

US Senator: Cryptocurrency Cannot Be Stopped, FTX Collapse Isn’t an Indictment of Crypto

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A NOSOTROS. Senator Pat Toomey says illegal actions by crypto exchange FTX must be separated “from perfectly lawful and innovative cryptocurrencies.” Emphasizing that “The collapse of FTX is not an indictment of crypto,” he noted that “cryptocurrency cannot be stopped” y “la…

US Senator Calls Sam Bankman-Fried to Answer for Failure of FTX and Alameda Research

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Two congressional hearings will be held next week on the collapse of cryptocurrency exchange FTX and U.S. lawmakers have asked former FTX CEO Sam Bankman-Fried (SBF) to testify. As the founder of FTX and Alameda Research, “you must answer for the…

legisladores filipinos, Banco Central, La SEC discute la regulación de las criptomonedas en una audiencia en el Senado

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The central bank and the Securities and Exchange Commission (SEGUNDO) of the Philippines discussed crypto regulation in a Senate hearing with the participation of several executives from the crypto industry, including from crypto exchange Binance. Philippine Regulators Discuss Crypto Policies Philippine…

El jefe bancario del Senado de los EE. UU. Critica los anuncios criptográficos del Super Bowl, Las afirmaciones de que las "grandes empresas criptográficas están desesperadas"

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The United States senator from Ohio and Senate Banking Committee chief Sherrod Brown is not a fan of cryptocurrencies. This week during Tuesday’s stablecoin hearing, Brown criticized all the cryptocurrency companies who advertised during the Super Bowl this past weekend and…

NH Governor Signs Executive Order to Bring ‘Regulatory Certainty’ to Cryptocurrency Industry

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The governor of the U.S. state of New Hampshire has signed an executive order establishing a commission on cryptocurrencies and digital assets. “Federal and state governments must work to bring legal and regulatory certainty to the digital asset industry because clear…

El presidente de la SEC, Gary Gensler, dice que las criptomonedas "no terminarán bien" si se mantienen fuera de las regulaciones

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The chairman of the U.S. Comisión Nacional del Mercado de Valores (SEGUNDO), Gary Gensler, says that cryptocurrency “is not going to end well if it stays outside the regulatory space.” The SEC has been criticized for taking an enforcement-centric approach to regulating the…

US Senator Warren Presses SEC to Address Crypto Exchange Outages, High Transaction Fees, Financial Inclusion

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At the U.S. Senate Banking Committee hearing Tuesday, Senator Elizabeth Warren called on the chairman of the Securities and Exchange Commission (SEGUNDO), Gary Gensler, to increase oversight of cryptocurrency. She brought up several problems she associates with cryptocurrency that could hurt…