pat toomey

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'Failure Should Be an Option,' US Sen. Pat Toomey Says of UST Turmoil

The Banking Committee’s top Republican doesn’t want asset-backed stablecoins tarnished by the UST drama.

The Banking Committee’s top Republican doesn’t want asset-backed stablecoins tarnished by the UST drama.

CoinDesk - Unknown

CoinDesk - Unknown
UST Woes Draw Spotlight in Janet Yellen's Senate Hearing on Financial Risks

Treasury Secretary Janet Yellen highlights latest news on UST algorithmic stablecoin losing its dollar peg during Senate Banking Committee hearing.

Treasury Secretary Janet Yellen highlights latest news on UST algorithmic stablecoin losing its dollar peg during Senate Banking Committee hearing.

CoinDesk - Unknown

CoinDesk - Unknown
The Stablecoin TRUST Act Could Enshrine Financial Privacy

A discussion draft of the bill was released by Sen. Pat Toomey.

A discussion draft of the bill was released by Sen. Pat Toomey.

CoinDesk - Unknown

CoinDesk - Unknown
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.

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

CoinDesk - Unknown

CoinDesk - Unknown
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).

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

CoinDesk - Unknown

CoinDesk - Unknown
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.

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

CoinDesk - Unknown

CoinDesk - Unknown
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.

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

CoinDesk - Unknown

CoinDesk - Unknown
Senate Banking Committee Bashes Bitcoin's 'Phony' Populism

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

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

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