Senate

Patrick McHenry, a soon-to-retire Republican lawmaker, urges the US assembly to quickly pass the FIT21 crypto bill before the upcoming presidential election. The Financial Innovation and Technology for the 21st Century Act (FIT21)…

Table of Contents US Senate votes to overturn SEC’s SAB 121, faces Biden’s veto threat. Successful reversal restricts SEC’s future crypto-asset policy actions. U.S. Senate voted 60-38 on Thursday to overturn the controversial SEC…

Lawmakers, crypto heavyweights and banking executives argue that a SEC policy on crypto custody and accounting harms U.S. investors and stifles innovation, but Joe Biden disagrees. Washington is gearing up for an almighty fight about a…

In a significant legislative move, the U.S. Senate voted 60-38 on Thursday to overturn the Securities and Exchange Commission’s (SEC) controversial crypto policy known as Staff Accounting Bulletin No. 121 (SAB 121). This policy, which…

United States’ Senate voted to scrap the SEC’s SAB 121 crypto custody policy  Crypto backers supported the move, but whether the U.S president will veto it remains to be seen In a surprise bipartisan move on…

Bitcoin (BTC) Price Action May, 12 – May, 17 2024. The figure is down from previous estimates exceeding $50,000, and the drop was attributed to declining hashrate after the halving event, which cut the Coinbase reward miners receive per…

The United States Senate passed a resolution on Tuesday to scrap a de facto ban preventing the nation’s banks from offering crypto custody services. The vote drew cautious optimism from Bitcoin’s most fervent…

Today the U.S. Senate voted for a bipartisan resolution to overturn the Securities and Exchange Commission’s (SEC) SAB 121, the staff accounting bulletin that makes it prohibitive for banks to offer digital asset custody services.…

The US Senate just passed a bill overturning SEC guidelines that disincentivize banks and large financial institutions from holding Bitcoin and crypto assets. The legislation, which succeeded in the House last…

The U.S. Senate joined the House of Representatives on Thursday in seeking to erase the controversial Securities and Exchange Commission (SEC) crypto policy known as Staff Accounting Bulletin No. 121, though President Joe Biden has…