Emmer Reintroduces CBDC Anti-Surveillance Act with Strong Support as Gensler Defends SEC's Digital Asset Regulation
House Majority Whip Tom Emmer (R-MN) has reintroduced the CBDC Anti-Surveillance Act, with significant support from 50 original cosponsors, aiming to prevent the Federal Reserve from issuing a central bank-backed digital dollar. During his Senate Banking Committee testimony, SEC Chair Gary Gensler defended the SEC's regulatory approach to digital assets, highlighting concerns about misconduct in the cryptocurrency sector and emphasizing the need for strong investor protections.
The BSV Blockchain Gazette is presented by Bryan Daugherty, Global Policy Director for the BSV Blockchain Association, featuring:
House Majority Whip Tom Emmer (R-MN) Introduces CBDC Anti-Surveillance Act with Strong Support
House Majority Whip Tom Emmer (R-MN) reintroduced the CBDC Anti-Surveillance Act, which aims to bar the Federal Reserve from issuing a central bank-backed digital dollar. The bill has 50 original cosponsors.
SEC Chair Gary Gensler Defends Agency's Approach to Digital Assets in Senate Testimony
SEC Chair Gary Gensler testified before the Senate Banking Committee on Tuesday, defending the agency’s rulemaking pace and process. While many of the questions posed by Senators focused on the various rulemakings at the SEC, there were a few questions that touched on digital assets. At the hearing, Gensler stated that the SEC is too small, pointing specifically to a “daunting” amount of misconduct in the cryptocurrency sector. Committee Chair Sherrod Brown (D-OH) asked Chair Gensler if strong investor protections in crypto would help protect Americans from abuses, to which Gensler replied that there is significant noncompliance within the crypto industry, and investors must have complete information from companies when making investment decisions.
Stoner Cats 2 LLC Charged by SEC for Unregistered NFT Offering, Two Commissioners Dissent
The SEC charged Stoner Cats 2 LLC with conducting an unregistered offering of crypto asset securities in the form of NFTs that raised approximately $8 million from investors to finance an animated web series. Commissioners Hester Pierce and Mark Uyeda dissented from the settlement.
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FTX Granted Permission to Sell $100 Million Weekly in Crypto to Settle Creditor Claims
US Bankruptcy Judge John T. Dorsey approved FTX’s request to begin selling as much as $100 million of crypto per week from its hoard of $3.4 billion worth of cryptoassets, in order to raise money for creditors who claim they are owed tens of billions of dollars.
OneCoin Pyramid Scheme Co-founder Sentenced to 20 Years; Sam Bankman-Fried's Jail Release Denied by Judge
US District Judge Edgardo Ramos sentenced Ruja Ignatova to 20 years in prison for his role in cofounding and promoting the $4 billion OneCoin pyramid scheme. US District Judge Lewis A. Kaplan rejected Sam Bankman-Fried’s effort to be released from jail to prepare for his trial.
New eBook: 'The Next Era in Miner Economics: Embracing Coopetition and Infrastructure'
Discover the future of miner economics with our new eBook, 'The Next Era in Miner Economics: Embracing Coopetition and Infrastructure.' Co-authored by experts Greg Ward and Kurt Wuckert Jr., this comprehensive guide delves deep into the world of miners, shedding light on their pivotal role in advancing blockchain technology. Uncover the evolution of miner incentives, demystify transaction fees and blockchain utility, and gain insights into the ever-changing landscape of miner economics. As the blockchain mining market explodes, with North America projected to be worth $7 billion by 2032, this eBook will make you an authority on the subject.?
Intense devourer of fascinating Things
1 年Ruja Ignatova is a 'he'? And has been brought to justice? Methinks perhaps you are confusing her with her OneCoin partner in crime Karl Greenwood. Maybe?