Senate Banking Committee
Yellen Highlights UST Woes at Hearing on Financial Risks: Will Stablecoin Regulation Come Sooner Than Later?
U.S. Treasury Secretary Janet Yellen brought up the ongoing distress of the UST stablecoin during testimony before the Senate Banking Committee on Tuesday. This came as UST depegged from the dollar, falling as much as 40% before rebounding. “The Hash” team discusses the news timing as stablecoin regulation comes into focus on Capitol Hill.
UST Woes Draw Spotlight in Janet Yellen's Senate Hearing on Financial Risks
Treasury Secretary Janet Yellen highlights latest news on UST algorithmic stablecoin losing its dollar peg during Senate Banking Committee hearing.
Top US Lawmaker Proposes Sweeping Stablecoin Regulation Framework
The Stablecoin TRUST Act would give stablecoin issuers a variety of regulatory regimes to abide by, but enforce disclosure and redemption requirements.
Ukraine’s Kuna Exchange Founder Michael Chobanian on Crypto Donations, Binance and Senate Hearing
Michael Chobanian returns to “First Mover” following his testimony at the U.S. Senate Banking Committee hearing where he discussed the role digital assets have played in the Russia-Ukraine war. Chobanian shares his personal takeaways from the hearing, while also raising questions about why global crypto exchange Binance still supports Russian rubles for transactions.
Key Takeaways From Senate Banking Committee Hearing on Digital Assets
CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De joins “First Mover” to share key takeaways from yesterday’s U.S. Senate Banking Committee hearing “Understanding the Role of Digital Assets in Illicit Finance.” De discusses the possibility of a new regulatory framework on crypto and Sen. Elizabeth Warren’s sanctions compliance bill that targets crypto companies.
Chainalysis Co-Founder Reflects on Senate Banking Committee Hearing on Crypto and Illicit Finance
The U.S. Senate Banking Committee conducted a hearing Thursday on digital assets and illicit finance. Jonathan Levin of blockchain tracking firm Chainalysis shares his opinions after testifying at the hearing. Plus, a larger discussion on Chainalysis’ role in monitoring the use of bitcoin and other cryptocurrencies in illicit financial flows.
Fed’s Jerome Powell Expected Announce Raise Hikes Plan Today
The Federal Reserve is expected to announce plans for interest rate hikes today amid soaring inflation in the U.S. CoinDesk’s Nikhilesh De gives a preview on what to expect from the news conference. Plus, a preview of Thursday’s Senate Banking Committee hearing on the role of digital assets in illicit finance.
Key Takeaways From Senate Banking Committee Hearing on Stablecoins
CoinDesk's Nikhilesh De discusses the state of crypto regulation following Tuesday's Senate Banking Committee hearing on stablecoins.
VanEck CEO on Why the Talk About 'Recession' May Begin Later in the Year
VanEck CEO Jan Van Eck shares why we may start talking about the word "recession" later in the year on "All About Bitcoin." He adds that while he continues to buy, the pessimistic view is that "financial markets in general will have trouble digesting [the Federal Reserve's] interest rate hikes." Plus, reaction to the Senate Banking Committee's stablecoin hearing and its impact on the markets.
Federal Judge Releases 'Razzlekhan,' Orders Other Bitfinex Hack Laundering Suspect to Remain in Jail
A federal judge has ordered Heather Morgan, one half of the couple accused of laundering 119,754 bitcoins (worth over $5 billion in today’s prices) of a 2016 Bitfinex hack, to remain in federal custody until trial. CoinDesk's Nikhilesh De discusses the latest development in the ongoing Bitfinex saga. Plus, what to expect from the upcoming Senate Banking Committee hearing on stablecoins.
