Tag: Senate

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U.S. Senate votes to ban CBDCs in housing bill that may face trouble in the House

An initiative to ban the U.S. Federal Reserve from issuing a government-run digital dollar has been approved in an overwhelmingly bipartisan 89-10 vote in...

Senate Democrats push ban on prediction market bets tied to war and death

Sen. Adam Schiff (D-CA) has introduced proposed legislation that would ban prediction market contracts tied to terrorism, war, assassination, and death, directly challenging market...

Florida Gov. Ron DeSantis Eyes State Stablecoin Framework Following Senate Passage

In brief The Florida State Senate passed Senate Bill 314 unanimously on Friday, positioning Florida to join other states with local stablecoin regulations. Florida Governor Ron...

Binance Pushes Back on Senate Inquiry, Calls Allegations ‘False and Defamatory’ in Formal Response

Binance pushes back against U.S. scrutiny, outlining a sweeping compliance system, thousands of law-enforcement collaborations, and aggressive monitoring tools as it challenges allegations that...

Florida Senate Approves First Stablecoin Bill, Awaits DeSantis’ Signature

Florida lawmakers have approved a state-level framework regulating payment stablecoins, moving the legislation to Governor Ron DeSantis’ desk for final approval.In a Friday post...

Binance Slams US Senate Probe over Iran as Based on Defamatory Reports

Cryptocurrency exchange Binance has officially responded to a February inquiry launched by a group of 11 US senators, largely denying facilitating transactions to Iranian...

Crypto exchange Binance tells U.S. Senate probe no accounts sent crypto directly to Iran

Binance, via its lawyers, told a U.S. Senate investigation it found no evidence that accounts on its platform transacted directly with Iranian entities, refuting...

Trump Sends Pro-Bitcoin Fed Chair Nomination to the Senate

The US Senate will soon vote on Donald Trump’s nominee to head the US Federal Reserve after the president picked Kevin Warsh, who has...

US Senate Bill Seeks to Ban the Fed From Issuing a CBDC

An amendment has been proposed to the Federal Reserve Act to ban the US central bank from issuing a central bank digital currency (CBDC)...

U.S. Senate housing bill includes CBDC ban

The Senate Committee on Banking, Housing and Urban Development included a provision temporarily barring the Federal Reserve from issuing a central bank digital currency...

U.S. Senate Democrats asked Treasury, DOJ to probe Binance’s illicit finance controls

Democrats in the U.S. Senate continue to pile onto Binance, asking the Treasury and Justice departments to investigate its sanctions compliance and protections against...

Senate Dems Push DOJ, Treasury To Probe Binance

Eleven Democrats on the U.S. Senate Banking, Housing, and Urban Affairs Committee are pressing the Trump administration to investigate Binance over allegations that the...