Amid the rapid growth of the digital currency marketplace, the Treasury Department’s Financial Stability Oversight Council warned in a new report that cryptocurrencies could “pose risks” to the stability of the U.S. economy – especially in the event of lax government oversight. […]

Rep. Darren Soto, D-Fla., along with Christy Goldsmith Romero, a newly appointed commissioner of the Commodity Futures Trading Commission (CFTC), today urged Congress to provide regulatory clarity on the growing cryptocurrency and blockchain industries. […]

New bipartisan legislation from Sens. Kirsten Gillibrand, D-N.Y., and Cynthia Lummis, R-Wy., aims to create a complete regulatory framework for digital assets such as cryptocurrencies, but the senators emphasized today how the bill also addresses the cyber aspect of digital assets. […]

ransomware

Senate Homeland Security and Governmental Affairs Committee Chairman Gary Peters, D-Mich., along with the committee’s Democratic staffers, released a report today taking the Federal government to task for gathering insufficient data on ransomware attacks, and the use of cryptocurrencies as payments in those attacks where a ransom has been paid. […]

Sens. Kirsten Gillibrand, D-N.Y., and Cynthia Lummis, R-Wyo., are working together on a bipartisan bill that would provide clarity on the United States’ regulation of cryptocurrencies and other digital assets, the pair announced March 24 at an event organized by Politico. […]

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