Congress

Bipartisan Bill Paves the Way for CFTC’s Crypto Oversight

Bipartisan Bill Paves the Way for CFTC’s Crypto Oversight
Bipartisan Bill Paves the Way for CFTC’s Crypto Oversight
May 03, 2022  |  Cryptocurrency

Republican and Democratic lawmakers last week (April 28) introduced the Digital Commodity Exchange Act of 2022 in the House, which essentially authorizes the Commodity Futures...

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CFPB’s Chopra Hints at Credit Card Rule Changes in Congress Hearing
CFPB’s Chopra Hints at Credit Card Rule Changes in Congress Hearing
April 28, 2022  |  CFPB

Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB) gave his testimony before the House Committee on Financial Services on Wednesday (April 27), one...

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Critics Raise Caution Over Congress Members Who Own Crypto Assets
Critics Raise Caution Over Congress Members Who Own Crypto Assets
April 26, 2022  |  Cryptocurrency

As Congress begins to regulate the burgeoning cryptocurrency sector, critics have raised concerns about the increasing number of lawmakers who own digital assets, Bloomberg reported...

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CFPB Director to Testify on Open Banking, Privacy to Senate Committee
CFPB Director to Testify on Open Banking, Privacy to Senate Committee
April 25, 2022  |  CFPB

U.S. Consumer Financial Protection Bureau (CFPB) Director Rohit Chopra plans to tell Congress this week about a proposed measure to regulate open banking and small...

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Small Businesses Object to Lawmakers’ Plan to Reallocate Unspent COVID-19 Relief
Small Businesses Object to Lawmakers’ Plan to Reallocate Unspent COVID-19 Relief
April 18, 2022  |  Coronavirus

Small business owners are not happy about a new proposal in Congress to redirect unspent money from COVID-19 programs to give $10 billion for various...

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US Senate, House Strip Russia of ‘Most-Favored-Nation’ Trade Status, Ban Russian Oil Imports
US Senate, House Strip Russia of ‘Most-Favored-Nation’ Trade Status, Ban Russian Oil Imports
April 07, 2022  |  Regulation

The U.S. House and Senate on Thursday (April 7) each passed bills that would remove Russia’s most-favored-nation trade status and ban Russian oil imports as...

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El Salvador’s Adoption of Bitcoin as Legal Tender Addressed in Congressional ACES Act
El Salvador’s Adoption of Bitcoin as Legal Tender Addressed in Congressional ACES Act
April 05, 2022  |  Bitcoin

Two members of Congress introduced the Accountability for Cryptocurrency in El Salvador (ACES) Act to lower potential risks to the U.S. that could arise from...

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DOJ Endorses Antitrust Law Targeting Big Tech
DOJ Endorses Antitrust Law Targeting Big Tech
March 29, 2022  |  ANTITRUST

Proposed legislation that would reel in the power of big technology companies like Amazon, Apple, and Google got official support from the Department of Justice...

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Warren Crypto Bill Would Cast Wide Net in Fight to Enforce Sanctions
Warren Crypto Bill Would Cast Wide Net in Fight to Enforce Sanctions
March 18, 2022  |  Cryptocurrency

Is the author of open-source computer code used in the cryptocurrency industry really a ‘‘digital asset transaction facilitator” responsible for violating Russian sanctions? Get the...

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