Congress is holding three simultaneous hearings around cryptocurrencies today – and they're all on different types of use cases.
While a Senate Banking Committee hearing ostensibly focused on central bank digital currencies, bitcoin’s role in the ecosystem drew much of the attention.
“We continue to closely and actively follow developments around cryptocurrencies,” said Wells Fargo CEO Charles Scharf in a statement.
A bipartisan bill addressing cryptocurrencies made it through the House of Representatives. Next up: the Senate.
It’s official: Gary Gensler is the new chair of the Securities and Exchange Commission (SEC), after a 53-45 vote by the U.S. Senate on Wednesday. Gensler, who was nominated to the position by President Joe Biden in January, previously ran the federal Commodity Futures Trading Commission (CFTC), overseeing the implementation of new regulations around derivatives […]
“We cannot be left behind,” Brown wrote about other nations’ central bank digital currency efforts.
Congress is holding a hearing on financing for domestic terrorism this week. What role will bitcoin play?
While Congress is planning multiple hearings, it's less clear what financial regulators might do.
U.S. Senate Banking Committee Chairman Mike Crapo asked to know more about the OCC's potential crypto guidance, but encouraged clear regulation.
The digital dollar again appeared during a Senate hearing. However, it wasn't the focus of the hearing but just another tool that can be used to maintain U.S. hegemony.
Top members of the Senate Banking Committee plan to introduce legislation that would direct the congressional watchdog to study virtual currency’s role in drug and human trafficking.
While not every lawmaker was on board with the idea of a central bank digital currency during a Senate Banking Committee hearing Tuesday, no one explicitly rejected it either.
Witnesses will discuss stablecoins and tokenized dollars during Tuesday's Senate Banking hearing on the digitization of money.
A former U.S. Treasury official urged Congress to regulate cryptocurrency miners in order to fight human trafficking.
Sen. Brian Schatz (D-Hawaii) questioned the claim that blockchain spurs financial inclusion at Tuesday's Banking Committee hearing.