Search results for congress

Ryan Salame is a familiar face on the campaign trail with Michelle Bond. He’s also funding a super PAC that has supported her campaign.  The post Crypto booster Michelle Bond is running for Congress — with help from her FTX exec boyfriend appeared first on The Block.

The 10th edition of the world-renowned flagship Global Blockchain Congress by Agora Group is taking place on November 23rd and ...Read More...

The US House of Representatives successfully voted on the Creating Helpful Incentives to Produce Semiconductors (CHIPS) for America Act [HR 4346] on Thursday, allowing “immersive technology” to enter a key focus of development for technology across the nation, the XR Association announced Thursday. Senators passed the bipartisan Act earlier in the week, offering a part […]

Stephen Buyer has been charged with insider trading by SEC. Stephen purchased more than $1.5 million worth of Sprint and

Fox correspondents say Congressman Sherman believes the SEC would easily win its case against Ripple. Attorney Jeremy Hogan asks how ...Read More...

The first SouthEast Asia edition of the prominent Global Blockchain Congress by Agora Group was co-hosted by Vietnam Blockchain Union, ...Read More...

The first SouthEast Asia edition of the prominent Global Blockchain Congress by Agora Group was co-hosted by Vietnam Blockchain Union,

The Securities and Exchange Commission (SEC) filed a lawsuit against Ripple in 2020. The court has not yet determined the

“They’re making it up as they go along,” one subcommittee leader told The Block of the SEC. The post Crypto enforcement takes center stage in SEC appearance before Congress appeared first on The Block.

A member of the U.S. Congress who has been bullish and outspoken on cryptocurrencies like Bitcoin (CRYPTO: BTC) is attracting large donations from cryptocurrency companies. What Happened: Executives of cryptocurrency companies and venture capitalists in the space beefed up donations to Cynthia Lummis, a Republican senator from Wyoming. A report from The Block, citing campaign finance reports, shows Lummis raised $119,000 in the second quarter. Large donors to Lummis include Andreessen Horowitz, Multicoin Capital, Kraken and Aptos, a blockchain startup launched by former Meta Platforms Inc (NASDAQ: META) employees. Other listed donations came from Chainlink Labs, FreedomFi, the Block Chain Defense Initiative and the Texas Blockchain Council. Related Link: US Senator Cynthia Lummis Asks Followers To Share Bitcoin Success Stories  Why It’s Important: Lummis co-authored a cryptocurrency regulation bill and has been a prominent public figure showing support for the sector. The new bill would highlight which activities in the cryptocurrency sector should be regulated by the Securities Exchange Commission and which should fall under regulation by the Commodity Futures Trading Commission. Lummis was elected in 2022 and will not be up for re-election until 2026. The senator ended June with $243,000 in her campaign account according to the report. The donations by cryptocurrency companies shouldn’t come as a huge surprise as lobbying is often a way to show support for acts from Congress. This has been done in the past by sectors such as clean energy, oil, sports betting and tobacco to push through legislation and gain support from Congress members. Lummis first bought Bitcoin in 2013 at $330. In June 2021, Lummis said she owned 5 Bitcoins and had seen the value increase by 10,500%. The senator has encouraged people to own Bitcoin, including placing it in retirement accounts. “I see it as a great store of value, but I don’t see it right now, for me anyway, as a means of exchange. So, I want to buy and hold. I encourage people to buy and hold,” Lummis previously said. BTC Price Action: Bitcoin is up 4.60% Tuesday to $23,311.09 at the time of publication.   © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

The industry's current insolvency issues have prompted Senator Warren to call for a more assertive stance from authorities.