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Banking Associations Support Resolution to Overturn SEC’s Controversial Crypto Rules

2024-06-03 by admin Leave a Comment

Bank of Israel Launches Digital Shekel Challenge

The American Bankers Association, Bank Policy Institute, Financial Services Forum, and Securities Industry and Financial Markets Association sent a letter to President Joe Biden on May 31, urging him to sign the resolution passed by Congress to overturn the SEC’s Staff Accounting Bulletin 121 (SAB 121). The letter outlines that SAB 121, issued without regulatory […]

Blockchain Association’s Employment of ‘Small Army’ of Former Security Officials Angers US Senator Elizabeth Warren

2023-12-20 by admin Leave a Comment

U.S. Senator Elizabeth Warren has criticized the Blockchain Association’s use of former security officials to push back against her attempts to link crypto to terrorism funding. Warren claimed that the ease with which U.S. officials can leave their positions in government to work as lobbyists shows the gaps in the country’s ethics laws. Kristin Smith, […]