The chairman of the Senate Banking Committee demanded answers from Apple and Google about rogue cryptocurrency apps. The move added to crypto-regulation efforts.
- The U.S. Senate held a hearing on crypto scams.
- The chairman of the Banking Committee demanded a response from regulators and companies.
- “ We want regulators to go as far as they can go “.
Los senadores de los Estados Unidos están dirigiendo nuevos esfuerzos para garantizar la protección de los consumidores de cara a la proliferación de las estafas de criptomonedas.
The U.S. Senate Banking, Housing and Urban Affairs Committee held a hearing Thursday to address a place where cryptocurrency can be sent to and from, in the form of a string of letters and numbers. crypto scams. The event, titled “ Protecting Investors and Savers: Understanding Scams and Risks in the Crypto and Securities Markets “is the latest sign of renewed urgency among lawmakers to regulate the new asset class.
Durante la discusión, el senador demócrata Sherrod Brown, presidente del Comité Bancario, instó tanto a los reguladores como a las empresas de tecnología a trabajar más para evitar la proliferación de fraudes. En su intervención, que fue quoted by The Block a file containing information on transactions completed during a given time period. Blocks are the constituent parts of a blockchain.The president addressed the regulatory agencies directly.
As this Committee and the American people learn more about cryptocurrency-based investments and understand how frauds and scams are growing, we will push our regulators to do more.
El senador de Ohio dijo que eso incluía a la Comisión de Bolsa y Valores (SEC), la principal agencia de control financiera del país, así como a los reguladores bancarios. “ The industry should not be allowed to write the rules it wants to play by. “, agregó.
Senator demands answers from Apple y Google
But it’s not just regulators that need to work harder to write rules for the industry to prevent the proliferation of crypto scams. In one letter to the executives of the computer giants Apple y Google , Brown acknowledged that the private sector must also play an active role in these efforts.
According to the coverage de CoinDesk The senator questioned the work of both companies to prevent the emergence of fraudulent cryptocurrency apps in their online stores, which he said have robbed investors of more than $42 million. In his letter, Brown attacked these incidents and demanded answers from both companies.
Cybercriminals have stolen company logos, names and other identifying information from cryptocurrency companies and then created fake mobile apps to trick unsuspecting investors into thinking they are doing business with a legitimate company.
“ Alarmingly, too many investors have been victimized “added the legislator, who described it as ” imperative “The creation of adequate security the term securities refers to a fungible and tradable financial instrument that carries a type of monetary value. measures to prevent the positioning of fraudulent mobile applications.
According to the report, the letters questioned the companies about how applications are evaluated, including ” the review process your company goes through before approving cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. applications to operate in your app store “.
New effort to regulate stablecoins
Durante la audiencia, el presidente del Comité Bancario también hizo mención a la reciente agitación de precios en el mercado de criptomonedas. “ We have witnessed spectacular explosions in the cryptomarkets, exposing both the alarming interconnectedness and enormous risks among crypto firms “Brown said, according to The Block .
One collapse after another revealed how quickly supposedly stable investments could crumble. We saw that unregulated and unlicensed entities could borrow and lend hundreds of millions of dollars to engage in risky cryptocurrency trading.
Likewise, during the meeting, the senators made known a new bipartisan bill effort to regulate digital digital technologies are these electronic tools that have the ability to generate, store or even process data. currencies . Republican Senator and ranking member of that committee, Pat Toomey, revealed that he has been talking to Democrats about getting their bill on stablecoins become a bipartisan effort, reported CoinDesk .
“ The first place where we should be able to find common ground, and indeed I think in many cases we are close, is to chart a way forward for clear and sensible regulations on stable currencies. “, Toomey said, calling the proposal a “ starting point “.
Brown said he has been involved in those discussions. While he admitted that both have “ a different vision in general “The Commission, in its statement on the intensity of regulation needed for stable currencies, acknowledged that they share a common objective . “ We want regulators to go as far as they can go “.
Necesidad ‘urgente’ de una cripto-regulación
Los comentarios se producen después de que la representante Maxine Waters, presidenta del Comité de Servicios Financieros de la Cámara de Representantes de EE. UU., anunciara temprano este jueves que estaba officially delaying a bipartisan bill separate on stablecoins until after Congress recesses in August.
After the implosion of the ecosystem Earth in May, which included the collapse of their stablecoin a cryptocurrency with extremely low volatility, sometimes used as a means of portfolio diversification. Examples include gold-backed cryptocurrency or fiat-pegged cryptocurrency. native algorithmic technology, UST, policymakers and regulators in the U.S. and other world powers have begun to pay close refers to the closing price; similar to the same term used in stock trading. attention to this space.
At the time, the unpegging of UST, which was positioned as the largest asset of its kind, wreaked havoc on the market, causing other stable coins to falter as well. The event, coupled with the broader cryptocurrency market an area or arena, online or offline, in which commercial dealings are conducted. turmoil and the difficult macroeconomic outlook, has led to a liquidity how easily a cryptocurrency can be bought and sold without impacting the overall market price. crisis in the sector, which has seen several companies halt their withdrawals and even declare bankruptcy.
Los legisladores estadounidenses se están esforzando para introducir normas estrictas a las stablecoins while seeking to regulate cryptocurrencies; and these legislations could come sooner rather than later. Senator Elizabeth Warren announced this Thursday that she islista para publicar un proyecto de ley “ to regulate the cryptomarket and crack down on the worst scams “.
- Sen. Pat Toomey sends letter to SEC criticizing its failure to act on cryptocurrency crisis
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Article by Hannah Estefania Perez / DiarioBitcoin
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