pat toomey

Policy

Regulations

Top US Lawmaker Proposes Sweeping Stablecoin Regulation Framework

The Stablecoin TRUST Act would give stablecoin issuers a variety of regulatory regimes to abide by, but enforce disclosure and redemption requirements.

By Nikhilesh De

Sponsored

Apr 6, 2022 at 7:00 p.m. UTC

Apr 6, 2022

regulationsStablecoinsPat ToomeySenate Banking CommitteeUSCongress

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Policy

China

Sen. Toomey Sounds Warning About China’s Digital Yuan as Olympics Start

The country is using the Winter Olympics in Beijing as an international test of its central bank digital currency (CBDC).

By Nelson Wang

Sponsored

Feb 4, 2022 at 5:08 p.m. UTC

Feb 4, 2022

ChinaCBDCPat ToomeyTreasury DepartmentSenate Banking CommitteeDigital Yuan

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Markets

Us senate

Crypto Tax Exemptions Floated for $1T US Senate Bill

The carve-out would allow for miners, developers and node operators to be exempt from broker tax reporting purposes.

By Nikhilesh De

Sponsored

Aug 4, 2021 at 5:50 p.m. UTC

Aug 4, 2021

US SenateCynthia LummisPat ToomeyInfrastructure BillRon Wyden

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Markets

Congress

Senator Toomey Calls Text of Current Crypto Tax Proposal ‘Unworkable’

The Pennsylvania Republican said the definition of a broker is too broad and would affect bitcoin miners, which should be exempt.

By Danny Nelson

Sponsored

Aug 2, 2021 at 10:13 p.m. UTC

Aug 2, 2021

CongressCrypto TaxesPat ToomeyInfrastructure Bill

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Policy

Congress

Senate Banking Committee Bashes Bitcoin's 'Phony' Populism

The hearing was almost certainly the testiest in a trio of crypto-themed inquiries Tuesday morning.

By Danny Nelson

Sponsored

Jul 27, 2021 at 5:14 p.m. UTC

Jul 27, 2021

CongressCoin CenterSenateSherrod BrownElizabeth WarrenPat Toomey

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