Catenaa, Tuesday, January 28, 2025 – The US Senate has confirmed Scott Bessent as Treasury secretary in a 68-29 vote, securing a pivotal role for the pro-crypto advocate in shaping the nation’s economic and regulatory policies. Bessent succeeds Janet Yellen in the position. Bessent, a billionaire hedge fund manager and vocal supporter of cryptocurrency, has […]
Catenaa, Wednesdy, March 12, 2025-The US Senate Banking Committee is set to vote this week on a bipartisan stablecoin regulation bill, the GENIUS Act, which aims to enhance consumer protection and clarify the regulatory framework for stablecoins.Introduced by Senators Bill Hagerty (R-TN) and Tim Scott (R-SC), the bill includes provisions on reserve requirements, audits, transparency, […]
Catenaa, Friday, March 28, 2025-The US Senate has voted to repeal a controversial IRS rule on crypto taxation, with President Donald Trump expected to sign the measure, lawmakers said Wednesday. The resolution, introduced by Sen. Ted Cruz, R-Texas, and Rep. Mike Carey, R-Ohio, seeks to roll back reporting requirements imposed on decentralized finance (DeFi) entities. […]
Catenaa, Friday, March 14, 2025-Senator Cynthia Lummis (R-WY) reintroduced the BITCOIN Act on Tuesday, aiming to establish a Strategic Bitcoin Reserve and integrate Bitcoin into U.S. financial strategy. The proposal aligns with President Donald Trump’s recent directive to develop a federal Bitcoin reserve. The “Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act” seeks […]
Catenaa, Friday, March 28, 2025- US senators grilled SEC chair nominee Paul Atkins about his past consulting ties to bankrupt crypto exchange FTX and criticized the agency’s handling of crypto regulation. During a Senate Banking Committee hearing, Chair Tim Scott questioned Atkins about SEC missteps, including the controversial Debt Box case. Sen. Elizabeth Warren pressed […]
Catenaa, Thursday, February 06, 2025 – US lawmakers announced Tuesday the formation of a bipartisan working group to draft regulations for digital assets and stablecoins, aiming to establish a clear federal framework for the crypto industry. Led by key members from Senate and House committees, the group includes Senate Banking Committee Chair Tim Scott (R-S.C.), […]
Catenaa, Tuesday, February 25, 2025-The US Senate Banking Committee, led by Sen. Cynthia Lummis, will hold a hearing tomorrow, Wednesday February 26 to debate bipartisan cryptocurrency legislation, marking a renewed effort to establish clear regulations in the digital asset sector. The session, titled “Exploring Bipartisan Legislative Frameworks for Digital Assets,” will include industry experts, lawmakers […]
Catenaa, Wednesday, March 05, 2025-The US Senate has voted to overturn a controversial tax reporting rule imposed by the Internal Revenue Service (IRS), which required brokers to report gross proceeds from digital asset sales. The resolution, introduced under the Congressional Review Act, passed with strong bipartisan support by a vote of 70-27. Many Republicans rallied […]