Tag: crypto
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Analysis:Crypto donors navigate mid-term spending dilemma after Senate bill defeat
Oct 7 : After suffering a major legislative defeat at the hands of Senate Democrats last month, the crypto industry is grappling with a dilemma three weeks out from the November election: punish Democrats, or preserve the bipartisan ties it has spent years building. During the current and previous election cy
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US commodities regulator proposes new federal crypto oversight rules
Oct 5 : The U.S. commodities regulator on Monday proposed a new federal framework for cryptocurrency exchanges that offer leveraged digital asset trading, in a move to bring parts of the spot crypto market under federal oversight weeks after Congress failed to advance comprehensive crypto regulation. The U.S.
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Bitcoin just formed a ‘golden cross’ pattern. The crypto is setting up for a big fourth quarter
When looking for best ideas for the fourth quarter nothing jumped off the charts to me — literally — like bitcoin.
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European regulators need more powers to police crypto, watchdog says
PARIS, Sept 30 : The European Securities and Markets Authority said on Wednesday that European regulators should be given more powers to help them enforce crypto rules, and that ESMA should be able to tell crypto companies to freeze crypto assets when they have reasonable grounds to suspect that they are linked to c
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Crypto exchange Bitget pauses withdrawals after $350 million stolen in hack
PARIS, Sept 25 : Crypto exchange Bitget has stopped allowing customer withdrawals following the theft of crypto worth approximately $351.6 million in a hack, it said, adding all user funds were safe.Bitget had noticed “unauthorised transfers” from some of its wallets on Thursday and it “temporarily suspended”
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ECB, EU central banks suggest dropping stablecoin deposits rule
PARIS, Sept 22 : Stablecoin issuers should not be required to hold a minimum proportion of their reserve assets as bank deposits because they could leave lenders exposed to a run on stablecoins and less stable deposits, the ECB and other EU central banks said on Tuesday.The European System of Central Banks (
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Analysis:Crypto bill’s defeat shows limits of industry’s political machine
WASHINGTON, Sept 16 : The U.S. Senate’s vote against advancing a major crypto bill amid persistent opposition from Democrats and a handful of Republicans marks one of the most significant setbacks for the industry, showing the limits of its muscle in Washington.Senators on Tuesday voted 49-50 against advancin
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US Senate to vote on advancing landmark crypto bill
Sept 15 : The U.S. Senate is set to vote on Tuesday on whether to advance once-in-a-generation cryptocurrency legislation, potentially determining the fate of the bill as Republican Senate leaders grapple with a limited calendar in a busy election year.The bill, dubbed the Clarity Act, would create a regulat
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US Senate Republicans release new crypto bill text ahead of critical vote
WASHINGTON, Sept 14 : U.S. Senate Republicans on Monday released a revised draft of major cryptocurrency legislation which they said addressed Democrats’ concerns over ethics provisions, as well as banking industry concerns that the bill could hurt lending, ahead of a key vote on Tuesday. The Clarity Act, whi
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Senate Republicans’ new crypto bill text adds new ethics language
WASHINGTON, Sept 14 : U.S. Senate Republicans released a revised draft of major cryptocurrency legislation on Monday that includes new ethics language approved by President Donald Trump, senators said in a statement. Here are the details: • The final text of the Clarity Act includes new ethics la
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