U.S. Congressman Pitches Crypto ATMs for Federal Government Buildings
Texas Republican Lance Gooden suggested to the agency that runs office space that installing ATMs will help align the government with Trump’s crypto push.
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Texas Republican Lance Gooden suggested to the agency that runs office space that installing ATMs will help align the government with Trump’s crypto push.
The firm, located near the White House, plans to lobby for companies in these industries.
The country is falling behind other nations in developing a welcoming environment for crypto companies.
The U.S. crypto exchange filed a brief in a longstanding privacy battle over records the tax agency sought on customers’ crypto transactions.
Industry entities led by the Crypto Council for Innovation argued in a letter to the U.S. Securities and Exchange Commission that it shouldn’t regulate staking.
Patrick McHenry, the ex-lawmaker who championed last year’s crypto legislation, also said he expects a role to be found for Tether in the U.S. stablecoin field.
In December, a U.S. appeals court ruled that the U.S. Treasury’s Office of Foreign Asset Control (OFAC) exceeded its statutory authority in sanctioning Tornado Cash.
The co-founders are each facing up to 25 years in prison for alleged money laundering and unlicensed money transmitting.
The digital asset platform, which left the U.S. after clashing with regulators, says it’s relaunching with full services for retail and institutional clients.
Like the other U.S. bank agencies, the Fed has swept the decks of previous directives to bankers that they get sign-offs from the regulator for crypto activity.