• crypto-savvy regulators
    SEC nominee Gary Gensler, reported CFTC nominee Chris Brummer, and reported OCC nominee Michael Barr (Photo: C-SPAN/Wikimedia Commons)
    Cryptocurrencies,  People,  Regulation

    Bitcoin’s hat trick: Crypto-savvy leaders coming to all three U.S. regulators

    With the Gary Gensler at the SEC, Chris Brummer at the CFTC, and Michael Barr at the OCC, the cryptocurrency industry will face regulators who understand it

    January 22, 2021 /

    The third week of the year will very likely prove to be its most significant for cryptocurrency innovators and investors. Crypto scored a hat trick with news that President Joe Biden’s three top financial regulators—the chairmen of the Securities and Exchange Commission and the Commodity Futures Trading Commission, and the bank-overseeing Comptroller of the Currency—will all be intimately familiar with the cryptocurrency and blockchain business.

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  • Yellen crypto only curtail malign activities
    Janet Yellen may not be the Treasury Secretary crypto feared (Photo: C-SPAN)
    Cryptocurrencies,  People,  Regulation

    Janet Yellen clarifies crypto stance: Only wants to curtail ‘malign activities’

    ‘I think it important we consider the benefits of cryptocurrencies and other digital assets,’ the pick for U.S. Treasury Secretary says

    January 22, 2021 /

    The former U.S. Federal Reserve chair said that she wanted to “curtail” the use of digital assets—amid concerns that it could be used for money laundering and the financing of terrorism. But in a written submission to the Senate Finance Committee, Yellen’s approach to Bitcoin and other digital assets seemed to be a little softer.

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  • Chris Brummer to head CFTC
    Georgetown Law professor Chris Brummer won't have to learn about crypto (Photo: C-SPAN)
    Cryptocurrencies,  Regulation

    DC Fintech Week head Chris Brummer to head CFTC: Report

    The Georgetown Law professor would be the third Biden Administration nominee to a major financial regulator position with a deep knowledge of cryptocurrencies

    January 22, 2021 /

    A crypto-trifecta could be coming home if reports that President Joe Biden plans to nominate Chris Brummer, a Georgetown University Law School professor, as chairman of the Commodity Futures Trading Commission are true.

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  • Biden Gensler run SEC
    Will Gary Gensler be crypto's friend at the SEC? (Photo: C-SPAN)
    Cryptocurrencies,  Politics,  Regulation

    Biden makes it official: Gary Gensler will run SEC

    The MIT professor spearheading crypto and finance collaboration will lead the Securities and Exchange Commission, President-elect Joe Biden confirmed

    January 18, 2021 /

    In a Jan. 18 announcement, the Biden Transition Team highlighted Gensler’s history of leading financial markets reform going back more than 20 years. This included two years as senior advisor to Sen. Paul Sarbanes (D-MD) in writing the Sarbanes-Oxley Act, a major financial reform bill that came in the wake of a number of major financial scandals, including Enron.

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