US lawmakers urge SEC’s Gensler to approve spot Ethereum ETF
U.S. lawmakers argued that a potential spot Ether ETF would offer investors access to ETH in a more regulated and safe format. Go to Source
Tom Emmer
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SEC custody rule made crypto regulation a ‘political football’ — Rep. Nickel
The SEC’s proposed crypto custody rule and its “hostility” to the industry isn’t in Joe Biden’s “best interests,” Representative Wiley Nickel told Gary Gensler. Go to Source
SEC’s Gensler hints he’s open to a FTX reboot under proper leadership: Report
“If Tom or anybody else wanted to be in this field, I would say, ‘Do it within the law,’” SEC Chair Gary Gensler iterated. Go to Source
Crypto-friendly Rep. Tom Emmer pursues nomination for House speaker
Tom Emmer has been “making calls” to secure a nomination for the Speaker role, and it could be a boon for the crypto sector if he were to be voted in. Go to Source
5 lowlights of Gary Gensler’s evasive testimony before Congress
The United States Securities and Exchange Commission chief was asked whether the purchase of Pokemon trading cards is a security transaction and whether Bitcoin is a commodity. Go to Source
Rep. Tom Emmer reintroduces anti-CBDC bill to Congress
The bill would limit the Fed from issuing a CBDC which Tom Emmer called a surveillance tool that would “undermine the American way of life.” Go to Source
Congressman Warren Davidson calls to ban and criminalize CBDCs
“Money should not be programmable by a central authority,” argues Republican Representative Warren Davidson. Go to Source Powered by WPeMatico
Governor Ron DeSantis Signs Bill Prohibiting Use of Central Bank Digital Currencies in Florida
On Friday Florida’s governor Ron DeSantis signed legislation that bans the use of a central bank digital currency (CBDC) in the state. Following the bill SB 7054 being signed into law, Florida’s Uniform Commercial Code (UCC) now explicitly forbids the use of a federally adopted CBDC as money. Florida Puts the Brakes on CBDCs The … Read more
Congressman Tom Emmer says SEC chair Gary Gensler is a ‘bad faith regulator’
The crypto-friendly congressman questioned Gary Gensler’s supposed ‘open door policy” suggesting that he “might have an open door, but it is an enter-at-your-own-risk-door.” Go to Source Powered by WPeMatico
US Lawmaker Introduces Bill to Affirm Blockchain Developers and Non-Custodial Services Are Not Money Transmitters
A U.S. lawmaker has introduced the Blockchain Regulatory Certainty Act to ensure that developers and non-custodial service providers in the crypto space are not considered money transmitters and are not subject to the same level of regulation as custodial cryptocurrency exchanges. “The longer we delay providing this commonsense clarification, the greater risk that this transformative … Read more
