A Draft Law to Regulate Stablecoins in the US is Submitted to Congress
US senator Pat Toomey has submitted this week a bill to the upper house of Congress that would allow the US government to control the stablecoin market.
US senator Pat Toomey has submitted this week a bill to the upper house of Congress that would allow the US government to control the stablecoin market.
The authorities of the US state of Alaska will require all blockchain companies and startups to obtain a license that gives them the right to serve residents of the state.
The SEC and the CFTC may need to consider banning cryptocurrencies, although the initiative may not be easy to implement.
Sam Bankman-Fried has declined a direct response to an invitation to speak at a House Finance Committee hearing.
A group of banking institutions has announced it is launching a pilot project for a digital money blockchain platform called the Regulated Liability Network.
The company and its CEO, Sam Bankman-Fried, are suspected of violating securities laws.
Gary Gensler said in late 2021 transactions with digital currencies should be regulated by his agency.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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