One of the Senate’s biggest cryptocurrency champions has come to embattled exchange Coinbase’s defense. Sen. Cynthia Lummis, R-Wyo., on Friday (Aug. 11) submitted an amicus brief on behalf of the company calling for the dismissal of a Securities and Exchange Commission (SEC) lawsuit against Coinbase. The brief...
U.S. regulation of digital assets isn’t merely the elephant in crypto’s living room. It’s the wildebeest trampling across the domestic crypto industry’s landscape. The U.S. Securities and Exchange Commission’s (SEC) decisive enforcement actions against two of the world’s largest crypto exchanges, Binance and Coinbase, have...
The head of the House Financial Services Committee expects to soon put forth cryptocurrency legislation. Rep. Patrick McHenry, R-N.C., told an audience at CoinDesk’s Consensus 2023 event Friday (April 28) that the legislation could be put together in the next two months. Asked if a...
With crypto markets in turmoil, regulating the volatile industry has become a priority for lawmakers. This pivot comes as the collapse of cryptocurrency exchange FTX has sent tremors through the emergent industry. While Sam Bankman-Fried (SBF) has since been arrested, the knock-on effects of his...
January 14, 2024
Two U.S. senators want the Securities and Exchange Commission (SEC) to up its cybersecurity game after a recent hack. Last week, someone breached SEC’s account on X to falsely announce the regulator’s long-awaited approval of bitcoin exchange-traded funds (ETFs). While that approval would come a day later, the phony news did serve to temporarily drive up the price of […]
August 13, 2023
One of the Senate’s biggest cryptocurrency champions has come to embattled exchange Coinbase’s defense. Sen. Cynthia Lummis, R-Wyo., on Friday (Aug. 11) submitted an amicus brief on behalf of the company calling...
April 30, 2023
The head of the House Financial Services Committee expects to soon put forth cryptocurrency legislation. Rep. Patrick McHenry, R-N.C., told an audience at CoinDesk’s Consensus 2023 event Friday (April 28)...
November 28, 2022
U.S. Sen. Cynthia Lummis said the fall of FTX should speed consideration of a bill on regulating cryptocurrencies. Lummis introduced the bill to the legislature with Sen. Kirsten Gillibrand in...
