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#us #nft #congress #market #nifty newsletter #opensea #cryptopunk

A group of blockchain advocates urged the United States Congress to clearly define NFTs in response to the SEC Wells notice to OpenSea.

#news #policy #regulations #congress #elizabeth warren #election 2024 #massachusetts #john deaton

The hope of crypto enthusiasts weary of industry pushback from Sen. Elizabeth Warren (D-Mass.) remains alive after the crypto sector's top candidate, lawyer John Deaton, won the Republican primary in Massachusetts and a chance to face Warren in the general election.

#united states #investments #politics #congress #regulation #government

Georgia Representative Mike Collins previously disclosed purchasing up to $65,000 in ETH, but seems to have moved onto altcoin investments.

#news #policy #regulations #congress #election 2024 #political campaigns #campaign contributions #washington state #arizona #missouri

After a very tight victory last week in Arizona that's now facing a recount, the cryptocurrency industry's political forces are shifting their attention toward some of the final U.S. congressional primaries of 2024, including Tuesday's elections in Missouri and Washington state.

#polymarket #congress #elizabeth warren #democracy #voting #us election #letter #rostin benham #election betting

It comes as decentralized prediction platform Polymarket has gathered more than $500 million in bets on who will likely win the 2024 United States presidential election.

#cryptocurrencies #united states #sec #banks #congress #regulation #joe biden

Though the resolution overturning an SEC rule on banks handling crypto passed in the House in May, the legislation required at least 288 members to override President Biden’s veto.

#news #policy #regulations #congress #legislation #sanctions #exclusive #senate

A piece of legislation with heavy implications for the digital assets sector made it through the Senate Select Committee on Intelligence's funding package recently without most in the industry – and many in Congress – apparently aware of it, but industry insiders consider its chances for survival to be limited.

#sec #congress #hedge fund #rule #appellate court #appeals court #fifth circuit #fund rule #oversight #authority

The Fifth Circuit found that the regulator overstepped its authority in its new rules affecting hedge funds. Could this ruling be a good sign for crypto?

#tokenization #stocks #congress #real-world asset #real estate #treasurys #house financial services committee #blockchain infrastructure #bonds #hilary allen

Allen argued that public blockchains “can’t process large volumes of transactions” — though on-chain data suggests otherwise.

#news #policy #regulations #congress #securities and exchange commission #accounting #wall street #american bankers association

In a rare lobbying overlap with crypto world, Wall Street banks and members of Congress are asking President Joe Biden to reverse course on his vow to veto the U.S. congressional resolution to overturn the U.S. Securities and Exchange Commission's (SEC) crypto accounting policy.

#opinion #the node #newsletters #congress #regulation #fit21

While many in the industry cheered the passing of the Financial Innovation and Technology for the 21st Century Act yesterday, many other raised criticisms and concerns.

#sec #eth #congress #gary gensler #prometheum #broker-dealer #finra #crypto regulations #digital assets #spbd

Prometheum’s willingness to play along with the SEC’s ambitions for crypto regulation has stirred disapproval in many quarters.

#opinion #patrick mchenry #congress #regulation #blockchain association #kristin smith

#united states #ftx #politics #congress #regulation #government #voting

Representative Wiley Nickel called on Democrats and Republicans to support the bill to stop the SEC from “turning cryptocurrency regulation into a political football.”

#opinion #sec #the node #newsletters #congress #accounting #biden administration

#ethereum #news #policy #regulations #eth #patrick mchenry #congress #gary gensler #securities and exchange commission

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has been accused of misleading Congress by Rep. Patrick McHenry, the chairman of the House Financial Services Committee, who said Gensler's agency already knew it considered Ethereum's ether a security before he attended a hearing and declined to answer that question.

#news #policy #regulations #patrick mchenry #congress #legislation #stablecoins #exclusive #sherrod brown #stablecoin bill

Advocates for long-awaited U.S. stablecoin legislation tried to tie it onto an unrelated must-move reauthorization bill, but leaders in the Senate and House of Representatives are seeking to keep that effort clear of such attachments, according to a Democratic aide.

#news #blockchain #policy #regulations #crypto #ledger #congress #india #election 2024 #narendra modi

India’s general election in 2024 is not expected to immediately affect crypto policy, and its current – restrictive – rules are expected to continue on through the upcoming Parliamentary term.

#united states #congress #regulation #stablecoins #government

A bill in the House of Representatives aimed at providing guardrails for stablecoins has not moved forward since July 2023.

#politics #congress #law #government #us government #elections #washington

Elizabeth Warren’s anti-crypto stance continues to draw criticisms from within the industry.

#sec #congress #regulation #law #court

The U.S. Securities and Exchange Commission admitted to not being “accurate and candid” in its filings related to Debt Box, later petitioning the court to drop the case.

#cryptocurrencies #united states #congress #regulation #government

In a hearing of the House Financial Services Committee, Janet Yellen said there should be a regulatory approach on stablecoins applicable to all U.S. states.

#united states #congress #legislation #aml #coin center

Hiring policy is none of the senator’s business and lobbying is freedom of speech, Coin Center director Jerry Brito reminded her.

#sec #etf #congress #regulation #hacks #senate #twitter

Senators Ron Wyden and Cynthia Lummis questioned the SEC’s lack of multi-factor authentication and phishing-resistant hardware tokens for its X account.

#technology #united states #congress #government

According to the announcement, this bipartisan working group builds on the work of the Task Force on Artificial Intelligence in the 116th and 117th Congresses.

#politics #congress #regulation #government #washington

According to the Massachusetts senator, many government officials could be laying the groundwork while in public service to “audition” for positions in the crypto industry.

#news #policy #regulations #congress #ndaa #aml

The military-linked bill is viewed as must-pass legislation, so lawmakers sometimes try to tack on other things to get them passed, too.

#united states #politics #congress #regulation #government

All 435 seats in the U.S. House of Representatives will be up for grabs in the 2024 election, with the future of crypto bills in the House Financial Services Committee uncertain.

#news #policy #regulations #patrick mchenry #congress #top news #election 2024 #house financial services committee

Rep. Patrick McHenry (R-N.C.), arguably the crypto industry's most important advocate in the U.S. Congress, has decided not to seek another term, sources told Politico on Tuesday.

#consensus magazine #features #most influential 2023 #no-livewire #regulations #patrick mchenry #congress

The bowtied chairman of the House Financial Services Committee has shown persistence in the face of increasing partisanship on crypto issues.