Republican Congressman Tom Emmer Queries FDIC on Alleged Efforts to Purge Crypto Activity from US

El miércoles, Tom Emmer, los Estados Unidos. Republican congressman from Minnesota, revealed he sent a letter to Martin Gruenberg, the chairman of the Federal Deposit Insurance Corporation (FDIC), regarding reports that the FDIC is “weaponizing recent instability” in the U.S. banking industry to “purge legal crypto activity” from the United States. Específicamente, Emmer asked Gruenberg if the FDIC instructed banks not to provide banking services to cryptocurrency firms.

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GOP Majority Whip Emmer Questions FDIC’s Involvement in Purging Legal Crypto Activity

Tom Emmer, a Republican politician from Minnesota, sent a letter to the chairman of the FDIC questioning whether the agency directed banks not to provide services to digital currency businesses. “Recent reports indicate that federal financial regulators have effectively weaponized their authorities over the last several months to purge legal digital asset entities and opportunities from the United States,” Emmer’s letter read.

The Minnesota congressman added:

Individuals from across the industry, including former House Financial Services Committee chairman Barney Frank highlighted the targeted nature of these regulatory efforts to ‘single out’ financial institutions and ‘send a message to get people away from crypto.’

Emmer has been querying other U.S. lawmakers and agencies about their actions against crypto businesses, incluido questioning Comisión Nacional del Mercado de Valores (SEGUNDO) chair Gary Gensler about actions taken during the arrest of FTX’s disgraced co-founder, Sam Bankman-frito. The politician has also introduced legislation that would prohibit the U.S. central bank “from issuing a [moneda digital del banco central] directly to anyone.”

Emmer’s comments about former lawmaker Barney Frank stem from the Signature Bank board member’s commentary about being surprised by Signature’s collapse. Frank said he suspected there was an “anti-crypto message” behind the bank’s demise. The New York State Department of Financial Services disagrees and explicado that placing Signature into receivership of the FDIC had “nothing to do with crypto.”

Despite the regulator’s denial of such accusations, Emmer’s letter to the FDIC’s Gruenberg implicitly asks the chairman whether the FDIC specifically directed banks not to provide banking services to cryptocurrency firms.

”Have you communicated — explicitly or implicitly — to any banks that their supervision will be more onerous in any way if they take on new (or maintain existing) digital asset clients,” the politician asked. Emmer is insisting that Gruenberg provide the information as soon as possible and no later than 5:00 pm. en marzo 24, 2023.

Etiquetas en esta historia
anti-crypto message, banking services, Barney Frank, moneda digital del banco central, co-founder, colapsar, Crypto activity, crypto businesses, criptomoneda, deposit insurance corporation, Recursos digitales, Monedas digitales, FDIC, Instituciones financieras, Tecnología financiera, ftx, Gary Gensler, GOP, GOP Majority Whip, government oversight, Gruenberg, legal entities, purging, receivership, Cumplimiento normativo, regulatory efforts, Republican lawmakers, SEGUNDO, Banco de firmas, Targeted, tom emmer, A NOSOTROS. banking industry, A NOSOTROS. Banco Central, A NOSOTROS. financial regulators, A NOSOTROS. lawmakers

What are your thoughts on the regulation of cryptocurrency in the United States and the potential impact it could have on the future of the industry? Do you believe that regulators are unfairly targeting crypto businesses? Share your opinions in the comments section below.

jamie redman

Jamie Redman es el líder de noticias en Bitcoin-Tidings.com News y un periodista de tecnología financiera que vive en Florida.. Redman ha sido un miembro activo de la comunidad de criptomonedas desde 2011. Él tiene una pasión por Bitcoin., código fuente abierto, y aplicaciones descentralizadas. Desde septiembre 2015, Redman ha escrito más de 6,000 artículos para Bitcoin-Tidings.com Noticias sobre los protocolos disruptivos que surgen hoy.




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