Senate Banking Committee
FDIC Chairman Testifies on SVB, Signature Bank Failures
Federal Deposit Insurance Corporation (FDIC) Chairman Martin Gruenberg testifies before the Senate Banking Committee on the failures of Signature Bank and Silicon Valley Bank.
Key Takeaways From Senate Banking Committee Hearing on Crypto
CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the key takeaways from Tuesday's Senate Banking Committee hearing called "Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets."
Bitcoin Above $22K 'Remarkable' Sign of Resilience: ProChain Capital President
Bitcoin (BTC) remains above $22,000 despite increased regulatory pressure on the industry after Kraken's $30 million SEC settlement and Paxos receiving a Wells Notice. ProChain Capital President David D. Tawil shares insights into BTC's resilience amid macro headwinds and the impact of CPI data. Plus, takeaways from Tuesday's Senate Banking Committee hearing on safeguarding financial digital assets.
Senate Banking Committee Holds Hearing on Financial Safeguards for Cryptocurrency
The Senate Banking Committee hosted a hearing Tuesday called "Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets." Crypto Council for Innovation Head of Government Affairs Brett Quick, who was at the hearing, discusses the key takeaways and the next steps in the push for "very badly needed federal regulatory clarity that the industry has been asking for."
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."
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.
