Before the Subcommittee on Financial Services and General Government on March 29, Gary Gensler, the chairman of the United States Securities and Exchange Commission (SEC), requested $2.436 billion from the government’s Fiscal Year 2024 budget to enable the agency to carry out its mandate and better protect investors as they are put
The Bank of Russia’s central bank digital currency (CBDC) pilot, which was scheduled to begin on April 1, has been delayed indefinitely due to specific legislation only passing through the first reading in the Federal Assembly’s lower house. The legislation is expected to be enacted by early May, according to
On Tuesday, the U.S. Senate Committee on Banking, Housing, and Urban Affairs, also known as the Senate Banking Committee, held a hearing to discuss the recent bank collapses in the United States and the regulatory response. Throughout the testimonies, digital assets and crypto businesses were mentioned. Senate Banking Committee chairman
Proposals included in the “Restricting the Emergence of Security Threats that Risk Information and Communications Technology Act,” better known as the RESTRICT Act, and forwarded to the United States Congress, is worrying privacy advocates and users of digital technology, including those in crypto. RESTRICT Act Is A Threat To Crypto