Crypto advocates focus on Congress as GOP takes control of US gov't
The Republican Party now has total control over the United States Senate, the Executive Branch, and the House of Representatives. Source link
US Congress starts investigating crypto debanking allegations
The U.S. House Oversight Committee has launched an investigation into alleged debanking practices targeting crypto companies. On Friday, Committee Chair James Comer sent letters to prominent crypto executives, including Coinbase CEO Brian Armstrong and Uniswap founder Hayden Adams, seeking information about reported banking restrictions. The inquiry aims to assess whether financial institutions acted independently or […]
Pro-Bitcoin lawmakers pack Congress as partisan gridlock looms
As Donald Trump prepares to take office, the crypto industry enjoys unprecedented support in Washington — but could partisan bickering spoil its chances? Source link
Sen. Tim Scott urges crypto framework in Congress
Several U.S. policymakers have called for clear digital asset regulations as the nation enters a pro-crypto regulatory era under President-elect Donald Trump. Despite growing global adoption and significant advancements in the past 16 years, blockchain technology and cryptocurrencies have faced harsh regulatory opposition from U.S. agencies The Securities and Exchange Commission has been particularly critical, […]
Congress discussing bill to allow Fed to hold Bitcoin: Lummis
Speaking in an interview with Yahoo Finance, Senator Cynthia Lummis outlined a plan to authorize the Federal Reserve to purchase and hold Bitcoin, integrating it as a key asset in the country’s financial strategy. Federal Reserve Chairman Jerome Powell stated in his recent FOMC meeting that the institution currently lacks the legal authority to own […]
Stablecoins on shaky ground? US council calls on Congress to enact crypto oversight
The Financial Services Oversight Council (FSOC) is urging Congress to pass legislation that establishes a comprehensive federal framework for regulating stablecoin issuers. A government organization — established by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 — published a report on Friday, Dec. 6, detailing what it perceives as a growing threat […]
Brazil’s Congress to weigh Bitcoin Reserve as hedge against global risks
New legislation aims to establish a sovereign federal Bitcoin Reserve, potentially enhancing asset diversification and economic resilience. Source link
