House

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22 Mar 23

White House report says majority of cryptos have ‘no fundamental value’

In a recent report, the White House made a concern against cryptos by claiming that some elements of the ecosystem for digital assets are problematic for consumers, the economy, and the environment. Worries at the White House By highlighting the drawbacks of digital assets across a lengthy, 513-page annual report, the White House threw cold […]

NFT representing ownership of a house in South Carolina sold for 175000

30 Jan 23

German investigators sell Crypto Queen’s house, Ignatova is still missing

Ruja Ignatova, aka the Crypto Queen, has resurfaced after more than five years in hiding. The OneCoin founder is linked to a British government filing for a London property. However, her actual location is still unknown. Meanwhile, BBC claims that German prosecutors are behind the bid for the property. Ruja’s London property was listed for […]

Crypto Regulations international version non US countries

28 Jan 23

White House wants Congress to “step up its efforts” on crypto regulations

On Friday, the Biden administration asked the United States Congress to expand regulators’ authority in policing the crypto industry. Four senior White House officials published a statement titled ‘The Administrations Roadmap to Mitigate Cryptocurrencies’ Risks.’ It urged Congress to “step up its efforts” in crypto market regulations. Contents of the statement The administration’s primary focus is to […]

26 Jan 23

White House wants feedback on digital asset policy

In its ongoing National Digital Assets Research and Development Agenda, the White House Office of Science and Technology Policy (OSTP) has gotten to a phase where it seeks feedback from individuals and organizations. Following the introduction of its comprehensive framework for the Responsible Development of Digital Assets, the OSTP acted on a presidential order to […]

13 Jan 23

House Republicans to introduce a new crypto subcommittee

During a session of Congress, the Republicans in the House of Representatives revealed plans to establish a new subcommittee that will only focus on cryptocurrencies. According to the house’s priorities, they want to prioritize the regulation and supervision of the failing industry. During an interview on Jan. 13, the incoming chair of the Financial Services […]

20 Dec 22

Incoming House Financial Services Committee chair reintroduces crypto bill

North Carolina’s Representative Patrick McHenry, an incoming chair of the House Financial Services Committee, has reintroduced a crypto bill. The reinstatement of the Financial Services Innovation Act McHenry, who had pushed the Financial Services Innovation Act in 2016 and 2019, announced on Dec. 19 that the act will be reintroduced. The legislation aims to modernize […]