Congress
What Powell's Latest Testimony Means For Bitcoin
U.S. Federal Reserve chair Jerome Powell presented the agency's semi-annual monetary policy report before Congress Tuesday, warnings that banks should be "quite cautious" about getting involved in digital assets. AdvisorShares CEO Noah Hamman discusses what this means for bitcoin (BTC) and why the cryptocurrency's fundamentals are strengthening despite all the crypto contagion concerns in the last few months. Plus, insights into AdvisorShares' Managed Bitcoin Strategy ETF (CYRP).
Fed Chair Addresses Crypto Risks; Grayscale Bitcoin ETF Hearing Developments
U.S. Federal Reserve Chairman Jerome Powell testified before Congress on Tuesday, warning banks should be "quite cautious" about getting involved in digital assets. Separately, a panel of judges appeared skeptical of the SEC's arguments during Grayscale's Bitcoin ETF hearing. Grayscale and CoinDesk are both owned by Digital Currency Group.
Federal Reserve’s Powell: We Don’t Want to Strangle Crypto Innovation, but Sector Is a Mess
The central bank's chairman said the Fed is sticking to its warnings that banks should be “quite cautious” about getting involved in digital assets.
Bitcoin Briefly Dips Below $22K as Powell Warns on Inflation
Bitcoin (BTC) briefly dipped below $22,000 Tuesday after U.S. Federal Reserve Chair Jerome Powell testified before Congress and warned rates would likely rise more than expected. "The Hash" panel discusses Powell's comments and what that could mean for the crypto markets.
BTC, ETH Trading Flat Ahead of Powell Testimony
Maple Finance Head of Capital Markets Quinn Thompson discusses his outlook for the crypto markets as BTC, ETH, and most other major cryptocurrencies continue to trade flat ahead of U.S. Federal Reserve Chair Jerome Powell speaking before Congress on Tuesday. Plus, insights into the stablecoin market.
U.S. Lawmakers to Reintroduce Crypto Tax Reform Bill: Report
The Keep Innovation in America Act was first introduced in March 2021.
U.S. Lawmakers Reintroduce Bill to Force Crypto Miners to Disclose Emissions
The bill also requires the EPA to study the effect crypto mining has on the environment.
U.S. Lawmakers Argue SEC Accounting Policy Undermines Safe Crypto Custody
Rep. Patrick McHenry, chairman of the House Financial Services Committee, and Sen. Cynthia Lummis teamed up on a letter questioning regulators about crypto accounting policy.
House Digital Assets Panel Chair Ready to Work With Ag Committee on Crypto Framework
U.S. Representative French Hill is the chairman of the newly formed Financial Services Subcommittee on Digital Assets.
4 Reasons Why US Lawmakers Shouldn’t Back Sen. Warren’s Latest Crypto Bill
The Digital Asset Anti-Money Laundering Act is unworkable and assuredly unconstitutional.
