U.S. Senator Bill Hagerty (R-VA), who was elected in 2020 to represent Tennessee after a stint as Ambassador to Japan, spoke to newly appointed Consumer Financial Protection Bureau Director Rohit Chopra regarding cryptocurrencies in a banking committee hearing, saying “I just want to make certain as you exercise those oversight responsibilities that we don't stifle innovation … [Read more...] about US Senator Hagerty to CFPB Director: Don’t Stifle Crypto Innovation
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DOJ to Hire Director for Its Crypto Enforcement Unit
The job, which will command a salary of between $144,128 and $172,500 depending on an applicant’s experience, will also require consulting with United States Attorney’s Offices and investigative agencies involved in crypto investigations, and working with state and local law enforcement agencies. Source link … [Read more...] about DOJ to Hire Director for Its Crypto Enforcement Unit
Bitcoin likely won’t entirely replace current financial system, Coin Center director says
Bitcoin may not mean an end to traditional currency and banking, according to research director of Coin Center Peter Van Valkenburgh “I think there are folks in the Bitcoin community who probably make too many noises about how Bitcoin is going to dominate all economic systems and nobody will be using dollars anymore, and nobody will be using banks anymore, and I think that’s … [Read more...] about Bitcoin likely won’t entirely replace current financial system, Coin Center director says
Former SEC Director who led Ripple action lands new role at Ethereum law firm
According to news outlet Bloomberg, Marc Berger, who stepped down from his role at the US Securities and Exchange Commission (SEC) in January, will join New York-based Simpson Thacher in June. Berger was instrumental in bringing legal action against Ripple on allegations of selling an unregistered security in the XRP token.A key point throughout the hearing process has been the … [Read more...] about Former SEC Director who led Ripple action lands new role at Ethereum law firm
Embracing Bitcoin is now a matter of national security says former CIA Director
Michael Morell, the former Acting Director of the Central Intelligence Agency, disputes the narrative Bitcoin is full of illicit activity.In an independent paper, Morell’s research led him to conclude that generalizations of illicit activity are overstated. Simultaneously, adding that blockchain analysis serves as an effective method of fighting crime and gathering … [Read more...] about Embracing Bitcoin is now a matter of national security says former CIA Director