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, 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 […]