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congress News and Articles



Brad Sherman Congress

US Congressman Finds There's Too Much Money Behind Crypto to Ban It

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US Senator Brad Sherman says the Senate hasn't banned cryptocurrencies because there's too much money and power behind them. According to him, money used for lobbying and campaigns work otherwise people wouldn't enter the sector, and it's the reason why the US hasn't banned crypto. The lawmaker...

stablecoins regulations USA

US Congress Raised Concerns Over Treasury's Stablecoin Proposal

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In a hearing which took place on February 8, Congress rejected the proposal of the Treasury to include stablecoin issuers into a banking structure. However, there will be other reporting and discussions. In November 2021, the President's Working Group on financial markets published a report on...

Congress crypto USA

Crypto Execs and Congress Discussed the Future of Finance

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Crypto representatives and congresspeople discussed the future of digital assets during the hearing called by the chairwoman of the House Committee of Financial Services, Maxine Waters. Mainly, members of congress were positive about the industry. FTX CEO Sam Bankman-Fried, Coinbase CFO Alesia...

US Congress crypto executives

Crypto Executives Will Testify Before Congress

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Crypto Chief Executive Officers will appear before Congress on Dec. 8. The news comes as the crypto regulatory question continues to be one of the primary questions in the country. The hearing was called by the U.S. Representative for California's 43rd congressional district, chair of the House...

USA congress documents

US Congress is nearer to the solution of crypto regularity

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The House Energy And Commerce Committee has studied 38 drafts as a result of which two proposed laws referring to crypto and blockchain surveys were accepted. Accordingly, blockchain engineering will be analysed more carefully and be the object of voting in the House of Representatives. Darren...

Zuckerberg during hearings over Libra

How it was: Congress hearings over Libra cryptocurrency

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Hearings of Mark Zuckerberg on Wednesday lasted six hours and supposed to be over Libra currency, but very soon they converted into a broad indictment of Facebook. Maxine Waters, the committee chairwoman said at the beginning of the hearings that she has studied numerous difficulties that the...

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