Category: senator elizabeth warren

Senator Elizabeth Warren Takes a Jibe at Crypto Ecosystem’s Unpredictable Gas Fees

Senator Elizabeth Warren (D-MA), known for her skepticism of the digital currency ecosystem has taken new jibes at the cryptocurrency industry, citing a number of inconsistencies that make the nascent digital trading world unhealthy for the average investor. Speaking in a Tuesday hearing of the Senate Committee on Banking, Housing, and Urban Affairs with Securities […]

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Here’s why SEC Chief wants to clamp-down on crypto exchanges

Gary Gensler, the SEC chief has responded to the July 7 letter of Senator Elizabeth Warren asking for more powers from lawmakers to clamp down on crypto exchanges. Sen. Warren had asked the SEC chief about the measures that the agency has taken to ensure investors’ protection in the crypto market and if it needs […]

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Last Minute Frenzy: All Latest Updates on Crypto Taxes in Infrastructure Bill

The controversial crypto taxes introduced with the $1 trillion infrastructure bill have resulted in a last-minute frenzy keeping the entire crypto community on the edge of their seats. As per the latest tweets from pro-crypto Senator Cynthia Lummis, the final voting on the amendments will happen at 9 AM, August 9. The Senator noted that […]

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US Senator Warren Sees Benefits of Cryptocurrency but Warns ‘a Run on Crypto’ May Need Federal Bailout

US Senator Warren Sees Benefits of Cryptocurrency but Warns ‘a Run on Crypto’ May Need Federal Bailout

U.S. Senator Elizabeth Warren, a longtime bitcoin skeptic, has shared her view of the benefits of cryptocurrencies. While noting that “The biggest upside to cryptocurrency could be expansion or democratization of access to the financial system,” she warned that the crypto industry may need federal bailout if something goes wrong, such as “a run on […]

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Mike Novogratz Says Institutions Are Buying Bitcoin, Politicians Need More Crypto Education

Mike Novogratz Says Institutions Are Buying Bitcoin, Politicians Need More Crypto Education

Galaxy Digital CEO Michael Novogratz says that cryptocurrencies, such as bitcoin, have bounced back because institutional investors are buying. Responding to U.S. Senator Elizabeth Warren’s anti-crypto stance, he stated, “We need to do a much better job going to D.C.” to educate lawmakers. Novogratz Says Institutions Are Buying Galaxy Digital CEO Mike Novogratz talked about […]

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US Senator Elizabeth Warren Bashes Cryptocurrencies Citing Environmental Impact, Investor Protections

US Senator Elizabeth Warren sees several issues with bitcoin and other cryptocurrencies. She said that “we need a good strong regulatory agency that can continue to update,” claiming that cryptocurrencies invite “investors to come in without the ordinary protections of the transparency and disclosures and auditing.” Elizabeth Warren Bashes Bitcoin and Other Cryptocurrencies Elizabeth Warren, […]

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