Rep. Waters proposes stablecoin rules, federal oversight
Both House Republicans and Democrats have introduced proposals to regulate U.S. stablecoins, signaling that the sector is a legislative priority under President Donald Trump. Maxine Waters, the ranking Democrat on the House Financial Services Committee, published a proposal for stablecoin oversight through federal watchdogs such as the Office of the Comptroller of the Currency, the […]
Dogecoin rises over 5% after Elon Musk threatens DOGE haters with federal action
Elon Musk’s post on law enforcement taking actions against Reddit users targeting DOGE employees sparked a 5% rise in his favorite coin. On Feb. 4, Head of Department of Government Efficiency Elon Musk responded to a post from a popular Reddit account, Reddit Lies, exposing multiple anonymous Reddit users for threatening employees of the Musk-led […]
Senator Lummis probes US federal law enforcement about Bitcoin sale
“Democrats legacy: A loss of more than $18.5 billion in unrealized value for American taxpayers,” the senator wrote on social media. Source link
Federal prosecutors to downsize crypto lawsuits
Relief for cryptocurrency businesses is emerging as prosecutors signal plans to scale back crackdowns following President Donald Trump’s re-election. Federal prosecutors from the U.S. Attorney’s Office in Manhattan indicated they will reduce litigation against cryptocurrency firms after securing key convictions, according to Reuters. TThe shift follows high-profile victories, including the conviction of FTX founder Sam […]
