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Elizabeth Warren
U.S. Senators Tell DOJ to Investigate Binance for Potentially Lying to Lawmakers: Bloomberg
Two senate democrats, including Sen. Elizabeth Warren, allege in a letter that the platform may have lied about Binance.US being an independent entity.
Hong Kong's Crypto Plans; Dogecoin Volatility Explosion Ahead?
Hong Kong's Securities and Futures Commission (SFC) has started accepting applications for crypto trading platform licenses. Separately, U.S. Sen. Elizabeth Warren (D-Mass.) is calling for a crackdown on the use of crypto in the Chinese fentanyl trade. And, a technical analysis indicator called Bollinger bandwidth suggests dogecoin (DOGE) could be due for a pronounced move. CoinDesk's Jennifer Sanasie and The TIE Director of Content Lawrence Lewitinn break down some of the most-searched stories impacting the crypto sector this week.
Bitcoin Slips Closer to $27K; Sen. Warren Calls for Shutdown of Crypto Funding for Fentanyl
CoinDesk's Jenn Sanasie breaks down the major stories shaping the crypto industry on "CoinDesk Daily" as bitcoin (BTC) slips closer to $27,000, after a top U.S. Federal Reserve official said there is no compelling case to halt the central bank’s rate hike cycle. This comes as U.S. Sen. Elizabeth Warren (D-Mass.) argues for legislation to shut the rampant use of cryptocurrency in the Chinese fentanyl trade during a Wednesday Senate hearing. Separately, the European Union formally signed its landmark Markets in Crypto Assets (MiCA) regulation into law, taking the bloc closer to becoming the first major jurisdiction in the world with tailored rules for the sector.
Sen. Warren’s Bill Signals Crypto Is Headed for a Clash With National Security Interests
The misguided Digital Asset Money Laundering Act sponsored by Senators Elizabeth Warren and Roger Marshall may soon be dead on arrival, but the crypto community should not ignore the conflict it represents between crypto and law enforcement, writes Chris Grieco.
Elizabeth Warren’s Bill Won’t Stop Money Laundering, but It Could Ban Crypto
The Digital Asset Anti-Money Laundering Act that Senators Elizabeth Warren and Roger Marshall are pushing through Congress is the legislative equivalent of a Trojan Horse, writes John Rizzo. It would effectively ban crypto in the guise of fighting money laundering.
Crypto Industry Is 'Absolutely' at War Against Gensler and Warren, Blockchain Association CEO Smith Says
The war won't last forever, but probably will continue for the next 18-20 months, Kristin Smith said.
Circle, BlockFi Are Questioned by Lawmakers About Why They Banked at SVB
Sen. Elizabeth Warren (D-Mass.) and Rep. Alexandria Ocasio-Cortez (D-N.Y.) want to know why crypto companies, including bankrupt crypto lender BlockFi and stablecoin issuer Circle, banked at now-collapsed Silicon Valley Bank. Blockchain Association director of government relations Ron Hammond discusses the difference between Coinbase, Binance and Circle's engagements with lawmakers in DC. "The issue that we have in DC is that no matter the approach you take, it seems like you're still going to be at the end of a Wells notice of enforcement action," Hammond said.
U.S. Senate’s Warren Calls for Crackdown on ‘Sham’ Crypto Audits
The senator and her Democratic colleague Ron Wyden asked the U.S. auditing watchdog to rein in bogus audits in the digital assets sector.
This Crisis Will Define the Future of Money
The recent collapse of three high-profile banks - Silicon Valley Bank, Silvergate Bank and Signature Bank - has caused worrying outflows at hundreds of regional banks. Now, with the U.S. Federal Reserve creating a new backstop facility reportedly worth $2 trillion, the echoes of crises in 2008 and 2013 are loud.
Crypto’s Banking Problem Is Not Ironic
Call it Choke Point 2.0, debanking or whatever, the crypto industry’s problems with the banking industry show why the banking industry needs reform.
