According to Bloomberg, the US Senate voted 62-38 to pass the Republican spending bill, effectively eliminating the risk of a government shutdown. The bill has no additional restrictions, ensuring that Musk's government streamlining plan can proceed and fund the operation of the federal government until the end of the financial year on September 30.
The Senate Banking Committee on Thursday voted 13-11 to advance the Financial Integrity and Regulation Management Act, which would prohibit federal regulators from using reputational risk as an assessment factor in financial regulation. In addition, the committee made a series of amendments to the bill, including a manager's program to adjust regulatory approaches to ensure that banks' supervision is appropriate to their risk profiles and business models.
According to Bitcoin Laws, U.S. Senator Cynthia Lummis has reintroduced the Bitcoin bill to the Senate, after the previous version of 2024 was shelved in committee. The new version, like the previous version, proposes to buy 1 million bitcoins over five years, but there are several key differences. The 2025 version of the Bitcoin Act sets a stricter plan to buy 200,000 bitcoins per year (as opposed to the 2024 version).
On March 7th, according to Axios, on the morning of the White House's first digital assets summit day, Senator Elizabeth Warren sent a critical letter to the government's head of cryptocurrency and artificial intelligence, David Sacks, known as the crypto czar. Senator Warren believes that the deeper the federal government supports the blockchain industry, the more it will drive up the value of existing holders, which creates conflict of interest issues for officials who make these policies. The...
According to Eleanor Terrett, the U.S. Senate overwhelmingly passed the Congressional Review Act (CRA) introduced by Senator Ted Cruz by a 70-27 majority to repeal IRS regulations on DeFi brokers, which is now before the House of Representatives.
US crypto-friendly Senator Cynthia Lummis, retweeting the news that "the White House will support the CRA to repeal the DeFi broker rule," said, "The Internal Revenue Service (IRS) rules for DeFi fundamentally misunderstand how decentralized technology works. Wyoming has been at the forefront of responsible regulation of digital assets, and I have seen firsthand how regulatory clarity - not over-regulation - can foster innovation. These tough federal rules could push US crypto entrepreneurs over...
U.S. Senator Cynthia Lummis, chair of the Senate Banking Subcommittee on Digital Assets, said in an X post that the Securities Exchange Commission's agreement to drop its lawsuit against cryptocurrency exchange Kraken was "a huge victory for the digital asset industry. We are closing the door on punitive regulation and welcoming the return of American innovation. This is very significant."
A bill introduced by U.S. Senator Ted Cruz to overturn new IRS rules on DeFi brokers will be voted on in the Senate tomorrow.
According to Fox Business News reporter Eleanor Terrett, according to three Senate aides familiar with the matter, Republican members of the Senate Banking Committee are considering reviewing and amending Senator Hagerty's stablecoin bill (GENIUS Act) the week of March 10.
Senator Cynthia Lummis said today that "we will most likely see state-level strategic reserves of bitcoin before we see the federal strategic reserve. Right now, we don't have enough people in the House and Senate to do that."
Cynthia Lummis, chair of the US Senate Banking Subcommittee on Digital Assets, wrote on the X platform: I spend dollars and save bitcoin.
The first Digital Assets Subcommittee of the U.S. Senate Banking Committee held a hearing on February 27, focusing on stablecoin regulation and the legislative framework for digital assets, chaired by Wyoming Republican Senator Cynthia Lummis. "We are at a critical juncture in the final creation of a bipartisan legislative framework for stablecoins and market structures," Lummis said in her opening statement.
According to the announcement of Ethena Labs, it has been deployed to the Aptos ecosystem and partnered with Echelon Market, sENA will receive 5% of the Echelon token supply, and the rewards will be accumulated from February 26th. At the same time, USDe and sUSDe will also be integrated into Aptos, where sUSDe will be used as a core savings asset in combination with Echelon and AptosDEXThalaLabs. Users can bridge USDe and sUSDe through Stargate Finance and bind Aptos and Ethereum addresses in th...
据Ethena Labs公告,其已部署至Aptos生态,并与Echelon Market合作,sENA将获得5% Echelon代币供应量,奖励从2月26日起开始累积。同时,USDe和sUSDe也将集成至Aptos,其中sUSDe作为核心储蓄资产,将与Echelon和AptosDEXThalaLabs结合使用。用户可通过Stargate Finance桥接USDe和sUSDe,并在Ethena App绑定Aptos和以太坊地址以获取奖励。
According to Cointelegraph, the Georgia Senate has introduced Bill 228 (SB 228), which proposes to amend Title 50, Title 17, Section 3 of the state code regarding state depositories, authorizing the state depository board to allow the state treasury to invest in bitcoin. The bill, which was introduced by five senators including Senator Esteves of the 35th Ward and is awaiting approval by the Senate, requires the state Treasury to establish policies and procedures for the receipt, storage and tra...