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...
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...
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 June. “I hope [FTX’s collapse] highlighted with members of Congress who have not taken the...
Sens. Kirsten Gillibrand, Patrick Toomey and Cynthia Lummis are reportedly working on legislation that would establish regulations for stablecoins and hope to get it in front of Congress before a new session begins in 2023. Such a bill would be one piece of the larger digital...
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 for the dismissal of a Securities and Exchange Commission (SEC) lawsuit against Coinbase. The brief — as well as briefs filed by a number of […]
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...
November 16, 2022
Sens. Kirsten Gillibrand, Patrick Toomey and Cynthia Lummis are reportedly working on legislation that would establish regulations for stablecoins and hope to get it in front of Congress before a new...
May 24, 2022
A big effort to regulate crypto in the U.S. could come with a bill to set roles for the two government watchdogs, a report from Coindesk said Tuesday (May 24)....
