In a potentially game-changing moment for the crypto sector, the US Senate has passed H.J. Res 109, a bill seeking to overturn the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin (SAB) No. 121 om Thursday, May 16. The bill was passed with substantial bipartisan support, receiving a 60-38 vote in the Senate and earlier […]
The US House of Representatives has voted for a resolution to overturn the Securities and Exchange Commission (SEC)’s 2022 bulletin on crypto custodian accounting. US President Joe Biden released a statement opposing the resolution and revealing a possible veto if the bill passes the Senate. Democrats And Republicans Join Forces Against The SEC On May […]
The US Senate has voted to reauthorize Section 702 of the Foreign Intelligence Surveillance Act (FISA), a move that has sparked widespread debate and concern among civil liberties advocates and members of the crypto community. Section 702, originally introduced as a counterterrorism measure, grants the US government broad authority to collect data from various sources, […]
US Senator Elizabeth Warren is reportedly mobilizing her donor base in response to the potential candidacy of pro-XRP attorney John E. Deaton, a staunch crypto advocate, for her Massachusetts Senate seat. This development, first reported by Fox Business journalist Eleanor Terrett via X (formerly Twitter), signifies a notable escalation in the clash between crypto proponents […]