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SEC Chair Gary Gensler grilled over crypto regulation, handling of DEBT Box case in heated congressional hearing

Chair Gary Gensler faced bipartisan criticism at a congressional hearing on the SEC's regulation of crypto, highlighting issues of clarity and accountability in the agency's approach.

theblock.co • 24/09/2024 - 21:42 PM

The Daily: Polymarket considers token launch, Celestia Foundation raises $100 million, Waters calls for 'grand bargain on stablecoins' and more

Polymarket considers a token launch, Celestia raises $100 million, Maxine Waters advocates for stablecoin regulation, and Ark Invest sells Bitcoin ETF shares.

theblock.co • 24/09/2024 - 17:06 PM

The Daily: Polymarket considers token launch, Celestia Foundation raises $100 million, Waters calls for 'grand bargain on stablecoins' and more

Polymarket plans a token launch, Celestia raises $100M, Rep. Waters seeks stablecoin regulations, Ark Invest sells Bitcoin ETF shares, and crypto adoption grows among financial advisors.

theblock.co • 24/09/2024 - 17:06 PM

Rep. Maxine Waters calls for 'grand bargain on stablecoins' before the end of 2024 following years of negotiations

Maxine Waters seeks bipartisan agreement on stablecoin legislation by year-end, emphasizing consumer protection and strong federal oversight amid ongoing Congressional discussions.

theblock.co • 24/09/2024 - 15:12 PM

Donald Trump-backed World Liberty Financial Project draws skepticism from crypto advocates and critics alike

Critics and advocates agree Trump's World Liberty Financial project in crypto raises concern for transparency and potential regulations, with notable skepticism from both political and crypto communities.

theblock.co • 18/09/2024 - 22:06 PM

Tensions flare at US House hearing after firms get SEC's sign off to custody crypto, while others still say it's impossible

U.S. lawmakers criticize SEC's crypto regulation approach, highlighting tensions over compliance, licensing, and the impact on innovation while questioning the agency's motives and enforcement practices.

theblock.co • 18/09/2024 - 16:51 PM

In letter to Gensler, Republicans urge SEC to clarify how it treats crypto airdrops

Top GOP lawmakers seek clarity from the SEC on airdrop regulations, accusing it of stifling innovation and demanding answers from SEC Chair Gensler by September 30.

theblock.co • 17/09/2024 - 21:07 PM

US lawmakers spark optimism on crypto bills gaining traction after election season is over

House Financial Services Committee Chair Patrick McHenry said Tuesday he thinks his bill could gain momentum during the lame-duck session. Sen. Cynthia Lummis, R-Wyo., also said she believes legislation can be pushed through during the lame-duck session.

theblock.co • 17/09/2024 - 16:47 PM

World Liberty Financial crypto project could deepen political divides if Trump wins presidential election: TD Cowen

Trump's launch of World Liberty Financial may deepen political divides and impact crypto regulations, according to investment bank TD Cowen, raising concerns over potential conflicts of interest.

theblock.co • 16/09/2024 - 20:46 PM

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