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Former Bakkt CEO and New US Senator Loeffler Will Help Oversee CFTC

News Former Bakkt CEO and Georgia's new Senator Kelly Loeffler will help oversee major financial regulator, the Commodity Futures Trading Commission (CFTC). Sworn into the United States Senate on Jan. 6, the crypto-friendly businesswoman has joined the Senate Agriculture Committee, which over..

Former Bakkt CEO Sworn Into Senate, Casts 1st Vote to Support Trump

News Kelly Loeffler, former CEO at the Intercontinental Exchange (ICE)-backed crypto trading platform Bakkt, has been sworn into the United States Senate. In a Jan. 6 tweet, Loeffler announced that she was sworn into the U.S. Senate by Mike Pence, the Senate’s chief officer, to become Georgia’s ne..

Bakkt Launches 1st Regulated BTC Options as CEO Enters US Senate

News The Intercontinental Exchange (ICE)’s digital asset platform Bakkt has launched the first regulated Bitcoin (BTC) options and cash-settled futures in the United States. According to an announcement on Dec. 9, Bakkt is now using its physically settled Bitcoin contracts as a benchmark to build ..

Coinbase CEO: Senate’s Pressure on Libra Association Is ‘Un-American’

News Coinbase CEO has criticized United States’ senators for asking Stripe, Mastercard and Visa to leave Facebook’s crypto project Libra. “Something feels very un-American about this”After U.S. Senators Brian Schatz and Sherrod Brown apparently pressured the payment giants to leave Libra, Brian Ar..

Crypto Not a Solution for Financial Inclusion, Lawyer Tells US Senate

News In a prepared statement for today’s United States Senate’s crypto hearing by international lawyer Mehrsa Baradaran, suggests that cryptos are not the solution for financial inclusion and equity in banking. Policy, not technology is the solutionIn her statement, published on the Senate’s websi..

Circle CEO to Testify Before Senate on Blockchain and Digital Assets

News Circle co-founder and CEO Jeremy Allaire is scheduled to testify before congress tomorrow as a representative of The Blockchain Association — a business organization comprised of blockchain industry advocates. Allaire will testify before the Senate Committee on Banking, Housing and Urban Aff..

In BTC We Trust: U.S Citizens Choose Bitcoin Over Libra 

When it boils down to choice, Americans will choose Bitcoin over Facebook’s proposed currency Libra, consumer insights provider CivicScience revealed in a new survey. Summarily, of the 1,799 U.S adults questioned for the survey, only 2 percent indicated that they could trust Facebook with any kind ..

Senator Brown on Libra: ‘A Recipe for More Corporate Power Over Markets’

Senator Brown discussed concerns about Facebook have too much control over consumer finances following the Senate Banking Hearing on Facebook’s Libra

Post-Hearing: Ranking Senate Committee Members Discuss Regulations

News United States Senators Mike Crapo and Sherrod Brown, respectively the Senate Banking Committee chair and ranking member, shared their views on crypto regulations. Both appear to want comprehensive policy for big tech companies. The senators made their remarks while speaking with the press fol..

Facebook’s David Marcus Assures Congress That Libra Will Cooperate

News David Marcus, the head of Calibra at Facebook, has written a letter to Chairwoman Maxine Waters and members of the House Financial Services Committee in preparation for the upcoming Libra hearings, according to a report by The Hill on July 9. According to the report, Marcus wrote, "I want to..

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