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Fed’s Jerome Powell addresses Congress, hints at policy adjustment

Jerome Powell

Jerome Powell, Chair of the Federal Reserve, had a little chat with Congress where he presented the central bank’s Semiannual Monetary Policy Report. He dropped a hint that they might ease up on the economic tough love later this year. But apparently, they’re playing it cool, waiting until they’re really sure inflation is chilling out […]

U.S. Congressman seeks clarity on cryptocurrency and terrorism financing claims

Tom Emmer

Recent discussions in the U.S. House Financial Services Committee have brought to light significant insights into the use of cryptocurrencies in financing terrorism, featuring a notable intervention by Congressman Tom Emmer. During a committee hearing, Emmer sought clarification from the U.S. Department of Treasury Undersecretary for Terrorism and Financial Intelligence, Brian Nelson, regarding claims that […]

US Congress seeks answers on crypto regulation from Yellen

US Congress

Members of the US Congress have raised concerns over Treasury Secretary Janet Yellen’s recent calls for enhanced cryptocurrency regulation. A letter seeking clarity on the regulatory framework for digital assets has been sent to Yellen, indicating a critical examination of the current approaches to crypto regulation. This letter, backed by prominent figures such as House […]

Crypto clash in Congress as lawmakers demand more time for CFPB review

Crypto clash in Congress as lawmakers demand more time for CFPB review

The halls of Congress are ringing with a new tone of urgency as key members of the United States House Financial Services Committee, along with the Subcommittee on Digital Assets, Financial Technology, and Inclusion, are pushing for an extension of the comment period on a pivotal rule proposed by the Consumer Financial Protection Bureau (CFPB). […]

U.S. Congress has had a very dramatic year

U.S. Congress has had a very dramatic year

The U.S. Congress experienced an extraordinary year filled with political drama, internal strife, and significant legislative challenges. As lawmakers gear up for the 2024 legislative session, they are faced with looming deadlines and a series of critical decisions, amidst an atmosphere of political turmoil and unprecedented events. Tumultuous Times in the U.S. House of Representatives […]

The hilarious affair crypto and U.S. Congress had this year

crypto and congress

As 2023 wraps up, the relationship between the crypto industry and the U.S. Congress has been nothing short of a rollercoaster, complete with its ups, downs, and unexpected turns. From landmark legislation attempts to surprising regulatory proposals, the past year in the world of crypto and U.S. legislative interactions has been both intense and, at […]

Congress mulls special panel in response to soaring U.S. debt

Congress mulls special panel in response to soaring U.S. debt

With the U.S. debt soaring to a staggering $33.7 trillion, a figure that’s more than double what it was a decade ago and represents about 124% of the nation’s GDP, Congress is under increasing pressure to take decisive action. The situation has escalated to the point where Moody’s, a leading credit rating agency, has issued […]

GOP clash paralyzes Congress: What’s next for U.S.?

congress

When the world expects strength, the U.S. Congress appears paralyzed, stuck in an internal wrestling match among the GOP. With wars escalating in both the Middle East and Ukraine, the last thing the nation needs is a Congress stalled by its own conflicts. The question on everyone’s mind: What’s next for the U.S.? Ripples of […]

Congress demands that Gary Gensler approve Bitcoin ETFs

House Committee puts SEC Chief's crypto stance under fire

The ever-volatile realm of cryptocurrency is again at the center of a heated debate in Washington. This time, it’s all about the contentious decision-making of the Securities and Exchange Commission (SEC) regarding Bitcoin ETFs. Four unyielding U.S. Representatives are now leading the charge, challenging the SEC Chair, Gary Gensler, to rethink and swiftly approve the […]

How to ensure fair and transparent crypto markets by non-interference

Stablecoins

In the rapidly evolving landscape of crypto and blockchain technology, stablecoins have emerged as a crucial component, providing stability and utility within the volatile crypto market. However, as stablecoins gain prominence, it becomes essential for regulators to navigate this domain cautiously. Stablecoins’ role in the crypto market Stablecoins, as the name suggests, are cryptocurrencies designed […]

Crypto Twitter reacts to SBF’s timely’ arrest

Crypto Twitter

Crypto Twitter has long served as a source of uncensored and real-time crypto news. Today, crypto Twitter has been set ablaze by the news that SBF has been arrested by the authorities in the Bahamas.  As reported by Cryptopolitan, the FTX’s founder, Sam Bankman-Fried, was apprehended by the Royal Bahamas Police Force and is likely […]

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