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Cryptocoins News / The Cointelegraph ​ - 2 years ago

South Korean parliament rejects motion to expel lawmaker over crypto scandal

South Korean lawmaker and Wemix investor Kim Nam-kuk will stay in the parliament after a 3–3 vote in the expulsion motion. South Korea’s parliamentary ethics subcommit...

Bitcoin News / Bitcoin.com - 2 years ago

Lawmakers Object to Federal Reserve’s Stablecoin Guidelines — Say They Undermine Legislative Progress

Several U.S. lawmakers have objected to the Federal Reserve’s stablecoin regulatory guidelines, which they believe “will undoubtedly deter financial institutions from participating in the digital asset ecosystem.” According to the lawmake...

Cryptocoins News / CoinJournal - 2 years ago

Maker (MKR) price regains momentum as Spark Protocol inflows rise

Maker’s MKR price has staged a strong recovery in the past few days. Spark Protocol is seeing strong inflows because of its higher rates. Maker (MKR) crypto price jumped on Thursday as investors cheered the rising demand for the Dai stabl...

Bitcoin News / Bitcoin.com - 2 years ago

US Lawmaker Slams SEC’s ‘Reckless’ Rulemaking — Warns of ‘Lasting Economic Harm’

A U.S. lawmaker has slammed the Securities and Exchange Commission (SEC) and its chairman, Gary Gensler, for “pursuing a reckless, rushed rulemaking agenda with inadequate economic analysis and limited public input.” He warned t...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Coin Center responds to US lawmakers’ request for crypto tax guidance

The crypto advocacy group’s suggestions included a de minimis exemption for crypto transactions and having the IRS provide guidance on block rewards, airdrops and hard forks....

Cryptocoins News / Blockchain  - 2 years ago

Prometheum's License Approval: Republican Lawmakers Challenge SEC and FINRA Decisions

Prometheum Ember Capital's designation as the first digital asset SPBD has raised concerns among Republican House Committee members. (Read More)

Bitcoin News / Bitcoin.com - 2 years ago

Lawmakers Probe SEC and FINRA Over ‘Shady Approval’ of Prometheum

U.S. lawmakers are probing the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) regarding the “shady approval” of Prometheum “as the first and only special purpose broker-dealer for digital...

Cryptocoins News / The Cointelegraph ​ - 2 years ago

US lawmakers press SEC and FINRA on Prometheum’s broker-dealer approval

Members of the House Financial Services Committee questioned the “timing and circumstances” of FINRA approving Prometheum’s special purpose broker-dealer license in May....

Cryptocoins News / The Cointelegraph ​ - 2 years ago

Coinbase political initiative features US lawmaker who admitted to ethics violations

Rep. David Schweikert, featured as a lawmaker “very supportive” of crypto in the United States, paid $175,000 as part of a settlement related to violations of House ethics rules....

Bitcoin News / Bitcoinist - 2 years ago

ChatGPT Maker Is Reportedly About To Go Bankrupt – Bad News For Crypto?

Did the wunderkind artificial intelligence phenomenon, ChatGPT, see it coming? ChatGPT, an AI chatbot, has witnessed significant improvements in performance and usability in a relatively short amount of time. Its impact is already being noticed in ma...

by COINS NEWS - 2 years ago

Controversy as MakerDAO's Spark Protocol blocks users with VPNs

Users attempting to access Spark Protocol with a virtual private network will not be able to, sparking criticism from supporters of privacy. MakerDAO, one of the earl...

by COINS NEWS - 2 years ago

US lawmakers urge White House to address North Korea's use of digital assets: Report

Sen. Elizabeth Warren was part of a group of lawmakers who pushed for provisions against crypto mixers and privacy coins in the National Defense Authorization Act in July....