Regulation is needed immediately for the $180 billion stablecoin market or “bad things will happen” to people’s investments, Senator Pat Toomey (R-Pennsylvania) said in an...
The testimony of Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), before the Senate Banking Committee on April 26 offered important insights into...
One of the biggest moments at the Senate Banking Committee’s stablecoin hearing Tuesday (Dec. 14) was a declaration by Sen. Elizabeth Warren (D-Mass.) that decentralized...
In today’s top news, executives from the biggest U.S. banks warned the Senate of the volatility of cryptocurrencies, and Amazon is reportedly looking into starting...
In a joint appearance before the Senate Banking Committee, Federal Reserve Board Chairman Jerome Powell and Treasury Secretary Steven Mnuchin praised the $2 trillion CARES...
In crypto, only a few trust? Maybe not — not, at least, with a hefty amount of regulatory oversight. In a hearing titled “Examining Regulatory...
There were many questions, many comments, a few evasions and about the expected amount of histrionic blustering on display when David Marcus, Facebook’s head of...
David Marcus, the head of Facebook’s blockchain department and the face of its proposed cryptocurrency Libra, has released his congressional testimony ahead of a scheduled...