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Senator Cynthia Lummis is vowing to block a SEC bulletin from becoming binding, citing it as another example of how the agency is 'overreaching' in its regulation of crypto assets.
Introduced by Sens. Lummis (R-WY) and Gillibrand (D-NY), the bill aims to create clarity for regulators and the crypto industry to safeguard investors and consumers.
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Digital asset regulation has become a partisan issue, especially as a government shutdown looms.
Declared bankruptcy in 2023. [6] FTX: 2019 Bahamas: Nassau: cryptocurrency exchange Incorporated in Antigua and Barbuda. Declared bankruptcy in 2022. Ghash.io (CEX.IO) 2013 United Kingdom: London: mining pool (CEX.IO was an exchange) Closed in October 2016 [citation needed] HTX (formerly Huobi) 2013 Seychelles: bitcoin exchange [7] Kraken: 2011 ...
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Genesis is a cryptocurrency intermediary for institutional investors, with Digital Currency Group (DCG) as its parent company. [1]Genesis operates several businesses, including Genesis Global Trading, Inc. ("GGT"), Genesis Global Capital, LLC ("GGC"), Genesis Asia Pacific Pte. Ltd. ("GAP"), GGC International Limited ("GGCI"), and Genesis Custody Limited ("Genesis Custody").
Sen. Cynthia Lummis and Sen. Kirsten Gillibrand introduced comprehensive legislation in June to regulate crypto.