Coinbase Enlists Former Politicians, House Democrats Review Stablecoin Bill, DOJ Targets Cryptocurrency Exchanges
Coinbase, the United States' largest cryptocurrency exchange, has enlisted former politicians to navigate the complex crypto landscape. Meanwhile, House Democrats are conducting a review of an updated stablecoin bill, collaborating on bipartisan efforts and scheduling a hearing. In parallel, the Department of Justice is actively targeting cryptocurrency exchanges involved in criminal activities and decentralized finance hacks.
The BSV Blockchain Gazette is presented by Bryan Daugherty, Global Policy Director for BSV Blockchain Association, featuring:
Coinbase Enlists Former Senators and Representatives to Navigate Complex Crypto Landscape
Coinbase, the United States’ largest cryptocurrency exchange, announced on May 12 that former Sen. Patrick Toomey (R-PA) and former Reps. Tim Ryan (D-OH) and Sean Patrick Maloney (D-NY) would join the company’s Global Advisory Council to help the company “navigate an increasingly complex and evolving landscape in the U.S. and internationally.”
House Democrats Review Draft Stablecoin Bill Amid Bipartisan Efforts
On May 12 House Financial Services Committee Ranking Member Maxine Waters (D-CA) released a draft stablecoin bill for House Democrats to review. The bill is an updated version of a bipartisan draft that was released last fall and comes after committee Republicans decided to move forward on their own stablecoin bill last month. Committee Democrats have until May 17 to provide feedback on the bill and the committee’s Digital Asset Subcommittee will hold a hearing on stablecoins on May 18.
领英推荐
Department of Justice Targets Cryptocurrency Exchanges Involved in Criminal Activities
Department of Justice Director of the National Cryptocurrency Enforcement Team Eun Young Choi reportedly said that the agency is going after cryptocurrency exchanges that “allow criminal actors to easily profit from their crimes and cash out” as well as thefts and hacks involving decentralized finance.
Senators Introduce Bill to Monitor Adoption of Cryptocurrency in El Salvador
Sens. Jim Risch (R-ID) and Bob Menendez (D-NJ) introduced a bill on May 11 that would “require reports on the adoption of cryptocurrency as legal tender in El Salvador.” This seems to be a reintroduction of the Accountability for Cryptocurrency in El Salvador Act which was introduced in February 2022.
The Bitcoin letters: Bringing clarity to the confusing world of blockchain
Blockchain and Information Security Expert Bryan Daugherty shares unique insights on Bitcoin in his new eBook - ‘The Bitcoin Letters’. In a world of misinformation, it’s refreshing to have a knowledgeable resource that clarifies complex topics like Bitcoin and blockchain. Renowned blockchain and information security expert Bryan Daugherty's newly released book, "The Bitcoin Letters: Bringing Clarity to the Confusing World of Blockchain," offers a straightforward explanation of Bitcoin and its impact on our growing data economy.
The Bitcoin Letters is an excellent resource for those who want to understand the intricate details of Bitcoin, including security, scaling, sustainability, regulation, and transformation. Daugherty's writing style is engaging, making the book a must-read for cryptocurrency enthusiasts and blockchain novices alike.
The ebook is available on Amazon and Immutable Books .