Biden's crypto cop taunts Republicans

  • 📰 politico
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 59%

United States Headlines News

United States Latest News,United States Headlines

The SEC announced major lawsuits against the world's largest digital currency exchange, Binance, and the largest U.S.-based exchange, Coinbase.

The dueling moves by the crypto industry’s biggest Washington foe and its most powerful allies underscore the government’s extreme divide over how to police the market for digital tokens. The big question for the crypto world is how long it can continue to fend off Biden-era regulators through the courts until the political winds shift more in its favor.

“We should be not assuming that crypto has some innovation payout right around the corner,” said Mark Hays, a senior policy analyst at Americans for Financial Reform who advocates for tougher digital asset regulation. “Of course, the chairman has been on an enforcement binge, I would say since the first of the year, which has always struck me as a bit like covering for a lack of any successful intervention on FTX during 2022,” said Hill, a senior member of the Financial Services Committee. “He chases down Kim Kardashian about promoting crypto but does nothing about actually working with companies to make sure they’re in compliance.


Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 381. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

House Republicans Push for Crypto Oversight With Bill to Make SEC Play BallLeaders of the House Financial Services Committee and House Committee on Agriculture released a draft bill that aims at building a guideline for crypto exchanges to register with the SEC and operate within the United States. CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De breaks down the draft legislation.
Source: CoinDesk - 🏆 291. / 63 Read more »

Scarborough rips Republicans over Biden crime family narrativeMSNBC's Joe Scarborough ripped into Republicans Monday for pushing what he described as an empty narrative about alleged criminal activity within President Joe Biden's family that voters do not care about.
Source: dcexaminer - 🏆 6. / 94 Read more »

Republicans ratchet up probes into Biden energy officials, climate policiesCongressional Republicans on Monday intensified probes into the Biden administration over its energy and climate policies by demanding that top officials disclose more information amid concerns about potential ethics violations and impacts to the U.S. economy.
Source: WashTimes - 🏆 235. / 63 Read more »

Republicans raise ethics concerns over Biden Cabinet official who ordered oil leasing banHouse Republicans on the Natural Resources Committee are warning that Interior Secretary Deb Haaland may have had a conflict of interest in a recent oil and gas leasing decision.
Source: FoxNews - 🏆 9. / 87 Read more »

Biden golfs with brother who profited from family's shady China business dealsPresident Biden spent Sunday golfing with his younger brother James as House Republicans ramp up their probe into the Biden family’s business dealings they say implicate the younger Biden.
Source: FoxNews - 🏆 9. / 87 Read more »

Hunter Biden emails show Joe Biden 'lied' on business dealings 'knowledge,' Comer chargesEXCLUSIVE — Newly released emails between Hunter Biden and his business associates with the Obama White House cast more doubt on Joe Biden's claims that he was unaware of his son's business dealings, according to a top GOP investigator.
Source: dcexaminer - 🏆 6. / 94 Read more »