Category: Congress

Crypto anti-terrorism bill introduced in the US House of Representatives

January 15, 2021

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A bipartisan group of representatives has introduced a bill to the House that seeks to create a task force focused on combating terrorist financing via cryptocurrencies. 4762 Total views 114 Total shares U.S. Representative Ted Budd (R-NC) has sponsored a new piece of legislation aimed at creating an agency tasked with combating the use of […]

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Rep. Soto seeks to create office to ‘coordinate’ Federal use of blockchain tech

January 3, 2021

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The dedicated office would oversee “all non-defense related deployment and activities related to blockchain technology within the Federal Government.” 32894 Total views 120 Total shares A new bill filed on Thursday, H.R.9067, seeks to create an office that will “coordinate” federal applications of blockchain technology.  Sponsored by Rep. Darren Soto, a Democrat representing Florida’s 9th […]

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Congresspeople chastise the Treasury for rushing new crypto monitoring proposal

January 1, 2021

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As many in the crypto industry have said, 15 days over the holidays is just not enough time to respond. 3901 Total views 16 Total shares Nine congresspeople have signed on to a letter to Treasury Secretary Steven Mnuchin, telling him to hold his horses.  The Thursday letter is in response to the Treasury’s recent proposal to […]

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Biden team will boost crypto’s role in US infrastructure, says Circle CEO Allaire

December 7, 2020

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Allaire also sees political moderation as the best scenario for continued crypto development. 1237 Total views 13 Total shares One of the leaders in U.S. crypto is optimistic that the space will grow under the administration of Joe Biden governing from the middle.  Jeremy Allaire, CEO of Circle, took to CNBC’s Squawk Box on Monday […]

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Congresspeople speak out against Tlaib’s anti-stablecoin bill

December 5, 2020

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On Wednesday night, Congresswoman Rashida Tlaib introduced a bill before the U.S. House of Representatives looking to make fiat-pegged stablecoin operators abide by the same rules and registration requirements expected of banks. The legislation, under the name “the Stablecoin Tethering and Bank Licensing Enforcement (STABLE) Act,” sets out a fresh and extremely expansive definition of […]

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