
US senator attacks SEC’s digital asset regulatory approach
It’s the first time a U.S. senator has directly called out Gary Gensler’s SEC, urging the securities regulator to define which tokens are securities and how to list them.
It’s the first time a U.S. senator has directly called out Gary Gensler’s SEC, urging the securities regulator to define which tokens are securities and how to list them.
House Republicans noted that only Congress has the power to coin money and regulate the value thereof, despite Biden’s order to DOJ seeking its CBDC assessment.
The bill has undergone several amendments, and the latest would protect Americans from a Terra-like collapse by banning "endogenously collateralized" tokens.
The United States Committee on Energy and Commerce recently sent letters to four digital currency miners aiming to look for more information on PoW mining and its impact on the environment.
Gubir Grewal, director of enforcement at the U.S. Securities and Exchange Commission, appeared before a House Subcommittee where he faced questions over the SEC’s lack of enforcement against digital currency sector’s biggest crooks.
The letter comes at a time when the sentiment around the digital asset is low, and lobbying efforts against proof-of-work (PoW) digital currency mining are at an all-time high.
Bitcoin Association for BSV represented Bitcoin SV at WeAreDevelopers World Congress in Berlin with more than 8000 attendees. The association sparked great interest in Bitcoin SV on an excit-ing market and during an important stage for the BSV ecosystem.
The BSV Blockchain Association is proud to be a sponsor of the WeAreDevelopers World Congress. The congress will take place on June 14 and 15 and is the largest event for developers in the world. It will feature two talks about the BSV Blockchain.
A bipartisan group in the U.S. Congress has proposed the "Virtual Currency Tax Fairness Act," which aims to make smaller profits on personal transactions exempt from capital gains tax.
Legislators concerned about the amount of energy that some blockchain networks consume recently held invited six witnesses for insights on this issue.
Lawmakers in the United States are reportedly concerned about the impact the rising number of miners has on the environment and will invite several stakeholders for a hearing.
When the hearing came to an end, it was clear that lawmakers have a positive outlook on the digital asset industry, although they have a few concerns about the sector that they are looking to fix via regulation.