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“# US Treasury Secretary floats idea of digital dollar maintained by the Fed ” Janet Yellen may be open to having U.S. regulators consider a digital currency, but still seems to have strong concerns about Bitcoin. In an interview on the New York Times’ DealBook DC Policy Project held today, Yellen said it makes sense…
“# Congress is blaming Robinhood, not Reddit ” Vlad Tenev, Robinhood’s CEO, very much occupied the hot seat in today’s hearing before the House Financial Services Committee over January’s market volatility. None of the representatives seemed particularly interested in putting the screws to Reddit CEO Steve Huffman, and many seemed to give Keith Gill the…
“# From ‘not money’ to ‘staggeringly great’: what US Presidents have said about crypto and blockchain ” In recognition of Presidents’ Day, Cointelegraph is taking a look at the remarks of current and former leaders of the United States regarding crypto and blockchain. One of the earliest presidential adopters, Bill Clinton reportedly received his first…
“# Darknet market link provider claims its Bitcoin donors’ accounts were frozen ” The administrator of dark.fail, a website providing verified links to darknet markets, claims that exchanges are unfairly closing accounts donating Bitcoin to the service after implementing a Chainalysis transaction flagging system. The admin alleged in a tweet that two donors of Bitcoin…
“# Amid hiring spree, Blockchain Association adds Token Taxonomy Act guru to team ” The Blockchain Association, a leading trade association and lobbying group, has hired Ron Hammond as its new director of government relations. The Blockchain Association has been one of Washington, D.C.’s biggest advocates for the crypto industry since its launch in 2018….
“# Crypto-friendly faces poised for positions in Biden administration ” As the United States Senate begins confirming leadership posts across commerce and the treasury, there has been meaningful momentum in the crypto community as a response. This is due to the profiles of various individuals who have been reportedly nominated, as well as the anticipated…
“# Bitcoin-touting Senator Lummis appointed to Banking Committee ” The most vocally pro-crypto Senator in the U.S. will join the committee responsible for the nation’s financial regulation. On Wednesday night, Senator Lummis’ team told Cointelegraph that Lummis had received her committee assignments for the 117th congress. The freshman republican from Wyoming will take her place…
“# Yellen convenes SEC, CFTC and Fed leaders on Robinhood question ” The four horsemen of U.S. financial regulation will meet to discuss market manipulation concerns resulting from the headline-grabbing drama surrounding GameStop stock last week. Per a Feb. 2 report from the Wall Street Journal, Treasury Secretary Janet Yellen is gathering the leadership of…
“# SEC is looking into Robinhood’s handling of Gamestop trading ” The U.S. securities watchdog is looking into the affair of Robinhood and the Redditors. At least in so many words. The Securities and Exchange Commission made a joint statement on Friday expressing concern over the “extreme price volatility of certain stocks’ trading prices over…
“# Crypto industry jumps into lobbying in response to FinCEN ” The crypto lobby is growing as more firms join the effort to fight rules that attack financial privacy. The Blockchain Association today announced the addition of five new members, with membership now totaling 30 firms. The new members are Uniswap, Blockfi, Fireblocks, CMT Digital…