Crypto Finds Strong Support from Members of Congress

The crypto industry has gone through a lot of challenges.  The bear market dragged its total market cap from $3 Trillion to around $700 million.  To make matters, worst government regulators made it hard for crypto projects to do business…

Texas Introduces Crypto Protection Bill: Ensuring Consumer Fund Security and Transparency in Exchanges

Texas Rep. Giovanni Capriglione has filed House Bill 1666, aiming to protect consumers investing in digital assets like cryptocurrencies. The bill mandates that digital asset exchanges verify they have adequate funds in reserve to pay customers upon request while prohibiting…

Revolutionary: EU Parliament Approves Comprehensive Crypto Regulation – MiCA Act

The European Union Parliament has approved the world’s first comprehensive package of rules aimed at regulating the cryptocurrency industry. The Markets in Crypto Act (MiCA) seeks to reduce risks for consumers buying crypto assets by holding providers liable if they…

Gensler Receives Powerful Lashes from Congress Majority Whip

Gary Gensler, Chairman of the Securities and Exchange Commission (SEC), has been reprimanded by House Majority Whip Tom Emmer for the former’s incompetence in handling the crypto industry.   The congressman commented that the actions of the SEC have forced crypto…

Crypto Just Found Powerful Allies in Congress, Gensler Under Fire

Members of the U.S. Congress grilled the Securities and Exchange Commission (SEC) Chairman Gary Gensler for missteps in the agency’s handling of digital assets.  The SEC chair was admonished for the lack of clarity in regulating the crypto space.  This…

SEC Chair to be Removed by Legislation – Rep. Davidson

Representative Warren Davidson is planning to introduce legislation to remove the position of Chairman in the Securities Exchange Commission (SEC).  He wants the position to be replaced by an executive director who reports to the board.  This move is apparently…

Will the State of Montana Turn Into a Crypto Oasis With Its New Bill?

The legislature of the State of Montana passes a bill that protects the rights of crypto miners.   In essence, it prohibits discriminatory power rates imposed on crypto miners and prohibits additional taxation on the use of cryptocurrency as a payment…

Bitcoin is Hope and an Escape Route When Disaster Strikes

Bitcoin has often been described as Plan B by many of its supporters.  It has been created to help the common person take back control from the financial elite.  This is what Robert F. Kennedy Jr is trying to say…

Elizabeth Warren’s Anti-Crypto Stance: A Challenge to the Industry & Innovation

Senator Elizabeth Warren has been an outspoken critic of cryptocurrencies, voicing her concerns over their potential risks and impact on the financial system. This article delves into the conflict between Warren’s anti-crypto stance and the broader crypto industry, which seeks…

SEC Chair Gary Gensler to testify before congress over crypto regulation – Unprecedented Congressional Oversight Looms

Recently, US authorities have intensified their actions against the domestic cryptocurrency industry, making Operation Choke Point 2.0 more evident than ever. The US Securities and Exchange Commission (SEC) has been central to this campaign, as it issued a Wells Notice…