Category: Government

US lawmaker urges congressional action on crypto as government avoids shutdown

US lawmaker urges congressional action on crypto as government avoids shutdown

“Chairman Gensler’s failure to provide clear rules of the road for cryptocurrencies underscores the need for Congress to act,” said Senator Pat Toomey. 13257 Total views 68 Total shares Pennsylvania Senator Pat Toomey, one of the ranking members of the Senate Banking Committee, has suggested Congress step in with legislation should the Securities and Exchange […]

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Crypto’s impact on sanctions: Are regulators’ concerns justified?

Crypto’s impact on sanctions: Are regulators’ concerns justified?

The use of cryptocurrencies to evade international sanctions from various international governmental organizations like the United Nations (UN), the International Monetary Fund (IMF) and the World Bank, among others, has been a concern for regulators ever since the creation of cryptocurrencies. The rapidly increasing adoption of digital currencies in the last two years makes this […]

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