Senate

Senator Brown on Libra: ‘A Recipe for More Corporate Power Over Markets’

Senator Brown discussed concerns about Facebook have too much control over consumer finances following the Senate Banking Hearing on Facebook’s Libra

Post-Hearing: Ranking Senate Committee Members Discuss Regulations

Senate Banking Committee members discussed regulation of big tech companies in a press conference following today’s Libra hearings

Facebook’s David Marcus Assures Congress That Libra Will Cooperate

Facebook’s David Marcus has written a letter to Maxine Waters and other members of the House Financial Services Committee to address concerns surrounding Libra

Senate Banking Committee Schedules July Hearing on Facebook’s Libra Crypto

The U.S. Senate Banking Committee will hold a hearing next month on Facebook's new cryptocurrency, Libra.

New Hampshire House Subcommittee Approves Bitcoin for Taxes Bill

New Hampshire House Subcommittee Approves Bitcoin-for-Taxes BillDuring the first week of the new year, two U.S. representatives from New Hampshire, Dennis Acton and Michael Yakubovich, proposed a bill that would allow the state’s residents to pay taxes with cryptocurrencies. Now after some deliberation, New Hampshire’s House Subcommittee unanimously approved the state’s bitcoin for taxes bill. Also read: US State of Ohio Accepts […]

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Wyoming Senate Passes Bill Recognizing Cryptocurrency as Money

Wyoming Senate Passes Bill Defining Cryptocurrency as PropertyThe Senate of the U.S. state of Wyoming has passed a bill which defines cryptocurrency as property and establishes rules including for allowing banks to provide crypto custodial services. For secured transactions, however, the bill recognizes cryptocurrency as money subject to some of the same rules as money in the state. Also read: Indian Supreme Court Moves […]

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Bitcoiners Shoot Down Roubini’s US Senate Testimony

Bitcoiners Shoot Down Nouriel Roubini’s Misinformed Senate TestimonyNoted Bitcoin critic Nouriel Roubini will deliver a speech on cryptocurrency and blockchain to the U.S. Senate today, and it is unlikely that the man known as “Dr. Doom” will mince his words. Nor will the economist concern himself too much with the truth, as his prepared testimony is filled with exaggerations and inaccuracies that […]

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California Passes Bill Defining Blockchain and Crypto Terms

California Passes Bill Defining Blockchain and Crypto TermsA draft law designed to amend California’s legislation to create legal grounds for the implementation of crypto-related technologies has been passed by the state’s legislature. Assembly Bill 2658 amends the California Civil Code, Government Code, Corporations Code, and Insurance Code to legalize the use of blockchain secured data and smart contracts in local and foreign […]

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US Senators Discuss Crypto Threat to Domestic Elections

DarkTower director Scott Dueweke said cryptocurrencies are "tailor made" for foreign powers hoping to influence American elections.

This Week in Bitcoin: Time to Build

This Week in Bitcoin: Time to BuildIf there’s one thing a crypto recession’s good for, it’s rebuilding. It’s debatable whether we’re in a full-blown recession admittedly, but whatever you wanna call it, the charts ain’t looking too pretty. The upside to that is it’s a great time for looking elsewhere. With Easter imminent, it seems fitting that some of crypto’s biggest […]

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