{
Alexander Grieve

People

}
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Elizabeth Warren calls for stricter regulations on cryptocurrency and stablecoins

Senator Elizabeth Warren has urged the incoming US Treasury Secretary, Scott Bessent, to implement stricter regulations on the cryptocurrency industry, questioning the oversight of stablecoins and advocating for enhanced Anti-Money Laundering (AML) measures. She expressed concerns over the use of digital assets in illicit activities, including money laundering and financing national security threats. Warren's proposals may signal a broader push for regulatory authority over crypto technology providers as she prepares to take a prominent role in the Senate Banking Committee.
Coinspeaker
United States Dollar Silvergate Capital Corporation PRK UKR CHN USA Alexander Grieve Elizabeth Warren Scott Bessent Show more
Regulatory & Legal, News Article
11:59 14.01.2025

crypto industry urges congress to reject new defi broker regulations

The crypto industry is urging Congress to overturn new IRS regulations classifying several decentralized finance (DeFi) protocols as brokers, which require Know Your Customer disclosures. Critics argue the rules overreach and threaten the US crypto sector, with calls for action under the Congressional Review Act. Advocacy groups warn this move could push the industry offshore, while the IRS estimates the regulations will impact 2.6 million taxpayers.
Cointelegraph
USA Miles Jennings Miles Fuller Jake Chervinsky Kristin Smith Alexander Grieve Show more
Regulatory & Legal, News Article
21:42 27.12.2024
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