U.S.Senator Lummis' Office: The U.S.SEC is investigating all crypto exchanges in the U.S

[U.S. Senator Lummis’ Office: The U.S. SEC is investigating all crypto exchanges in the U.S.] According to news on August 5, according to a staff member in the office of U.S. Senator Cynthia Lummis, the U.S. Securities and Exchange Commission (SEC) is not only investigating Coinbase, Every U.S. cryptocurrency exchange, including Binance, is in various stages of investigation. According to crypto data site CoinGecko, there are more than 40 cryptocurrency exchanges in the United States. The SEC did not respond to repeated requests for comment.

The staffer said that after the SEC took multiple actions to demonstrate the regulator's jurisdiction over the cryptocurrency industry, and the CFTC's strong response, the commission objected to what it called "law enforcement actions." Supervision". The SEC is eager to resolve its dispute with the CFTC over crypto jurisdiction. If the matter is not resolved internally, he said lawmakers will have to get involved, and Congress will likely side with the CFTC. (Forbes)

Other news:

U.S. Senator Dick Durbin criticizes Fidelity's plan to include Bitcoin in 401(k): Golden Finance reports that U.S. Senator Dick Durbin has negotiated with the Department of Labor and other Senators Elizabeth Warren (D-Mass.) and Tina Smith (D- Minn.), expressed concern over Fidelity Investments’ plan to offer Bitcoin (BTC) as an investment option in its 401(k) managed account. The letter, addressed to Fidelity Investments CEO Abigail Johnson, criticized the company's decision to offer workers the option to invest in "an untested, highly volatile asset like Bitcoin."

In April, the U.S.-based financial services company announced that it would allow investors to include bitcoin (BTC) in their 401(k) retirement plans later this year, with bitcoin holdings capped at 20% of account value . (Coindesk) [2022/7/29 2:44:46]

U.S. Senator: SEC should carefully regulate digital platforms: U.S. Republican Senator TOOMEY said that the U.S. Securities and Exchange Commission (SEC) should not restrict the freedom of retail investors and should carefully regulate digital platforms. (Golden Ten) [2021/10/1 17:18:40]

News | Former Bakkt CEO will serve on the U.S. Senate Agriculture Committee responsible for defining the terms of reference of CFT: According to Coindesk, former Bakkt CEO Kelly Loeffler will serve on the Senate Agricultural Committee (Senate Agricultural Committee), which is responsible for defining U.S. commodity futures trading The terms of reference for the Commission (CFTC), and approval of the nominations of Commissioners and Chair, also includes reauthorization of the CFTC as a federal regulatory agency. Loeffler was appointed CEO of Bakkt in August 2018. Under her leadership, Bakkt received approval from the CFTC to begin trading physically-settled bitcoin contracts and finally opened up to traders in September. Loeffler said in an interview that, amid concerns that her appointment would create a conflict of interest, she would "always strive to abide by the letter and spirit of the Senate Code of Ethics and will continue to do so on a daily basis." Earlier news, former Bakkt CEO Kelly Loeffler has been sworn in in the U.S. Senate, becoming the latest senator from Georgia. [2020/1/8]