Senate Banking Committee
Bitcoin Rises As U.S. Inflation Rose Slightly in January; Three Arrows Capital Founders Create 'Open Exchange'
Bitcoin saw small gains Tuesday after the U.S. Bureau of Labor Statistics revealed that the consumer price index (CPI) for January rose 0.5% versus 0.1% a month earlier, in line with economist forecasts. The Wall Street Journal reports the founders of failed hedge fund Three Arrows Capital are launching a $25 million crypto exchange venture at the end of the month. And, the Senate Banking Committee hosted a hearing called "Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets."
US Senate Banking Committee to Hold ‘Crypto Crash’ Hearing This Month
Committee Chairman Sherrod Brown announced the hearing on digital assets safeguards for Feb. 14.
Sen. Tim Scott To Unveil Priorities for Bipartisan Crypto Regulatory Framework: Report
U.S. Sen. Tim Scott (R-S.C.), the top Republican on the Senate Banking Committee, will release his priorities for a bipartisan regulatory framework for cryptocurrency today, according to Politico. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the details and how it could pave the way for future crypto legislation.
Top Republican on US Senate Panel Ready to Work on Crypto Rules
Senator Tim Scott's announcement Thursday follows Senate Banking Committee Chairman Sen. Sherrod Brown's earlier statement on his willingness to work on crypto legislation.
One of Crypto’s Favorite US Senators Drops Swan-Song Bill on Eve of Retirement
Sen. Pat Toomey introduced a bill in the final days of the congressional session that he said he hopes will act as a guide for stablecoin legislation next year.
Key Takeaways From Senate Banking Hearing on FTX Collapse
Senate Banking Committee Chairman Sherrod Brown held a hearing Wednesday on the implosion of crypto exchange FTX as its continued fallout sparks debate on the need for crypto regulatory clarity. Cato Institute's Jennifer J. Schulp, who sat on the witness panel, discusses the key takeaways and outlook for crypto legislation.
FTX Hearing in US Senate Reveals Congress Doesn’t Have Immediate Answers
As the crypto industry’s epic disaster continues to unfold with a criminal case and regulatory actions, U.S. senators didn’t find any clear path during a Wednesday hearing.
US Lawmakers Scrutinize Crypto Industry in Senate Hearing on FTX Collapse
The Senate Banking Committee is holding a second day of hearings Wednesday on the collapse of Sam Bankman-Fried's crypto empire FTX and its industry impact. "The Hash" panel discusses some of the key points from the hearing, and the possible regulatory outcomes.
US Senators Rebuke Sam Bankman-Fried for Refusing Invitations to Testify
The top Democrat and Republican of the Senate Banking Committee accused the ex-FTX CEO of an “unprecedented abdication of accountability.”
