Rep. Cathy Rodgers (R-Wash.), who began the hearing with an off-topic speech about inflation, COVID-19 and President Joe Biden, asked about the potential of blockchain to protect citizens’ privacy, as well as the potential adverse impact of regulation on job and investment growth. Rep. Annie Kuster (D-N.H.) inquired about innovations that could stem from bitcoin mining and … [Read more...] about Witnesses Debate Crypto Mining’s Efficiency in Congressional Hearing on Environment
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Congressional Candidate Kurani Dropping 2,022 Solana NFTs as Part of Campaign
“There’s a lot of misunderstanding in terms of what crypto is, what crypto can be, the direction that it’s going in, who it serves,” Kurani told CoinDesk. “And I think there’s a way for us to be able to build more of a bridge between policymakers and folks in the space to be able to actually have more of a conversation, and that, I think, brings me to my second goal, which is … [Read more...] about Congressional Candidate Kurani Dropping 2,022 Solana NFTs as Part of Campaign
Did the industry execs’ testimonies ignite the congressional belief in crypto?
Over a five-hour-long educational hearing before the House Financial Services Committee on Wednesday has confirmed–the US Congress is ready to listen.In a bid to ward off aggressive regulation, six senior executives from leading crypto firms, including Bitfury, Circle, Coinbase, FTX, Paxos and the Stellar Development Foundation, gave a crash course on the point of crypto and … [Read more...] about Did the industry execs’ testimonies ignite the congressional belief in crypto?
FTX releases crypto regulation proposals before US congressional hearing
Bahamian-based cryptocurrency exchange FTX released a list of principles and proposals to help policymakers build the regulatory framework. The policy recommends the market-structure choices made by several leading crypto exchanges and suggests its implementation across all jurisdictions. FTX shared the “FTX’s Key Principles for Market Regulation” blog after Maxine Waters, the … [Read more...] about FTX releases crypto regulation proposals before US congressional hearing