A Subcommittee chairman reached out to the CEO of Binance US and asked for a number of documents. This was done to help review the steps taken to protect investors.
If the SEC and CFTC are unable to resolve the matter amicably, the U.S. Congress will have to intervene to decide who gets to claim the title of 'best crypto regulation'.
Allowing a competitive currency market to emerge would strengthen the dollar now while also ensuring its future role as the world's reserve currency.
Congressional Members introduced three different types of bills focused on (1) cryptocurrency regulation, (2) applications of blockchain technology, and (3) central bank digital currency (CBDC).
Brett Redfearn, a former director of trading and markets at the S.E.C. who briefly worked for Coinbase this year and is now advising crypto companies, said that “as unlikely as it seems, Congress should act as expeditiously as possible.”
As the infrastructure bill that brought a great deal of attention to Washington D.C. on the regulatory oversight of crypto, the 117th Congress now has seen 18 bills that have been introduced that directly impact cryptocurrencies, blockchain technology, or central bank digital currencies.
The US Congress is expected to vote on a new bill in regards to cryptocurrency taxation on August 7th – here’s what we know so far.
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Investors were drawn to EthereumMax and the EMAX token because they made a lot of promises and had cool names. But has it come through?
The expensive auction on OpenSea is a continuation of a pattern whereby celebrity estates are creating blockchain-based posthumous collectibles.
Last week, the cryptocurrency payments company won a procedural battle as part of its legal battle with the SEC. However, it might not be of any use.
The company said that NFT collections and limited-edition projects from certain artists can be released on their own drop pages.
Lachlan Feeney, the CEO of Labrys, is trying to get validators who use Flashbots' software to understand that they may be contributing to censorship on the Ethereum network.