Senate Republicans Making Plea to Get on With Stablecoin Debate
Once-allied Democrats continue to drag their heels on the first big crypto bill, leaving a key vote in doubt as GOP Majority Leader Thune calls for action.
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Once-allied Democrats continue to drag their heels on the first big crypto bill, leaving a key vote in doubt as GOP Majority Leader Thune calls for action.
Former SEC Commissioner Paul Atkins will be sworn in as the agency’s next chair and will oversee future regulation for the crypto sector.
The Securities and Exchange Commission blocked staking when crypto exchange-traded funds were granted, but the lawmakers suggest the SEC may have been off-base.
U.S. Sen. Sherrod Brown (D-Ohio), whose chairmanship of the Senate Banking Committee gives him power over crypto’s congressional destiny, issued a call to arms to regulators on Thursday, demanding that they use whatever authority they currently have over digital assets to improve market transparency and protect the investors putting their money into the sector.