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Treasury Secretary Discusses Crypto, Sanctions, and Digital Identity at Congressional Hearing

August 9, 2022

Yellen reassures Congress on limited crypto use for sanctions evasion; discusses digital identity and regulatory framework for cryptocurrencies.

Tagged 10-year Treasury yield, AML/CFT regulations, Biden's executive order, blockchain, comprehensive sanctions, crypto self-custody, cryptocurrencies, cryptocurrency exchanges, Digital Identity, financial regulations, Garantex, history of ransomware, House Financial Services Committee, Hydra, Janet Yellen

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Navigating the Cryptocurrency Conundrum: A Call for Clarity in U.S. Regulation

June 24, 2022

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Patrick McHenry calls for clarity in U.S. cryptocurrency regulation amidst competing claims and uncertainties. A bipartisan approach is essential.

Tagged .crypto, 2017 Cryptocurrency Market, Abu Dhabi Securities Exchange, advertising regulations, Algo-Stablecoins, BIGG Digital Assets, bipartisan bill, Brazil CBDC, CFTC, court jurisdiction, Digital Finance, Dutch Authority for Financial Markets, House Financial Services Committee, Maxine Waters, Patrick McHenry, U.S. Congress

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Revamping Financial Services: The Reintroduction of the Innovation Act by Patrick McHenry

June 18, 2022

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Explore Patrick McHenry’s Financial Services Innovation Act aimed at fostering creativity in finance, offering regulatory clarity for fintech and crypto innovators.

Tagged 2021 cryptocurrency trend, Africa's Fintech Market, Alabama Securities Commission, alternative blockchains, bi-partisan efforts, CFTC, consumer protection, crypto regulations, Financial Services Innovation Act, House Financial Services Committee, innovation offices, LabCFTC, North Carolina, Patrick McHenry, regulatory clarity

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3 min read

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FinCEN’s Challenges in Regulating Cryptocurrency Transactions

June 17, 2022

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Explore FinCEN’s challenges in regulating cryptocurrency, outdated tools, and its approach to illicit transactions and sanctions evasion.

Tagged 2017 Cryptocurrency Market, 2022 sanctions, advertising regulations, Anti Money Laundering, Anti-Money Laundering, Australian cryptocurrency exchange, central bank digital currency, eKYC, financial regulations, FinCEN, history of ransomware, House Financial Services Committee, Patriot Act, terrorism financing, unhosted wallets

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Maxine Waters Calls for Enhanced Oversight of Cryptocurrency Following FTX Troubles

April 26, 2022

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Maxine Waters urges for tighter regulation of cryptocurrencies following FTX troubles, highlighting consumer protection amid financial chaos.

Tagged Alabama Securities Commission, algorithmic stablecoins, consumer protection, crypto markets, cryptocurrency regulation, digital assets, DOJ, election impact, European Union, federal oversight, FTX, global regulations, House Financial Services Committee, investor safety, Liquidity Crisis, Maxine Waters

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2 min read

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Maxine Waters Demands Testimony from FTX’s Sam Bankman-Fried Amid Investigation

April 7, 2022

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Maxine Waters challenges Sam Bankman-Fried to testify about FTX’s collapse as Congress seeks clarity for victims. Step into the chaos!

Tagged AML/CFT regulations, bankruptcy, Commodity Futures Trading Commission, congressional hearing, cryptocurrency, FTX, House Financial Services Committee, House testimony, investor fraud, Maxine Waters, media interviews, Sam Bankman-Fried

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3 min read

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FTX CEO John Ray’s Testimony: The Unraveling of a Crypto Giant

March 6, 2022

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John Ray reveals the truth behind FTX’s downfall in his testimony before Congress, citing failures of leadership and governance.

Tagged Alameda Research, bankruptcy, corporate governance, crypto exchanges, cryptocurrency, customer assets, Enron, financial controls, financial regulations, FTX, House Financial Services Committee, John Ray, regulatory hearings, Sam Bankman-Fried, trading losses

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Cryptocurrency Chaos: Inside the FTX Fallout and Congressional Demands

January 27, 2022

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Exploring the fallout from FTX’s bankruptcy as Congress demands answers from its former and current CEOs.

Tagged Alameda Research, AML/CFT regulations, bankruptcy, crypto regulations, cryptocurrency, digital assets, FTX, House Financial Services Committee, House Subcommittee, investor protection, John J. Ray III, Raj Krishnamoorthi, Sam Bankman-Fried

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Navigating the Crypto Tax Labyrinth: Blockchain Association’s Proposals for Legislative Change

January 21, 2022

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The Blockchain Association advocates for fair crypto tax treatment in a letter to U.S. Senators, pushing for legislative change and clarity on taxation.