Could the New House Stablecoin Bill Kill FRAX and DAI?

2022-9-21 14:27

The legislation comes in response to the May collapse of the algorithmically-backed TerraUSD stablecoin. U.S. Proposes Stablecoin Regulation House lawmakers are taking a step toward regulating stablecoins. A new bill... origin »

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stablecoin house bill new regulation lawmakers proposes

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Источник: cryptobriefing.com

stablecoin house → Результатов: 24

Key Congressman McHenry Is Bullish U.S. Stablecoin Law Will Pass This Year

The window is narrowing for legislation to set up rules for stablecoin issuers in 2024, but the retiring chairman of the House Financial Services Committee says it can be done.

2024-4-11 17:32
stablecoin house chairman 2024 retiring services done

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House’s Stablecoin Bill May Face Fatal Delays for 2022 Progress

One of Congress’ most serious efforts toward stablecoin oversight may have hit an insurmountable snag as negotiations in the House Financial Services Committee drag out further than the calendar is likely to allow.

2022-9-3 21:38	policy
house may stablecoin financial services snag committee

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US stablecoin bill delayed until after congressional recess

The bipartisan bill on stablecoin regulation in the United States has been pushed back by the House Financial Services Committee, according to a statement issued by committee Chairwoman Rep. Maxine Waters (D-CA).

2022-7-29 19:41	USA
stablecoin committee bill according financial house services

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US Stablecoin Bill Delayed by Congressional Committee Until After August

The legislation that could establish U.S. regulations for stablecoins has formally been delayed until after the August congressional break, according to Rep. Maxine Waters (D-Calif.), the chairwoman of the House Financial Services Committee.

2022-7-28 01:17	policy
committee until congressional august delayed rep maxine

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Stablecoin Bill Officially Delayed Past August, Committee Chairwoman Says

2022-7-28 01:17	policy
chairwoman august committee delayed rep according maxine

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Stablecoin Firms Face Tough Reserve, Capital Demands in US Bill, Source Says

Companies that issue stablecoins would have to face bank-like regulations and back their tokens with conservative assets in the latest plan for U.S. legislation still being negotiated by leaders of the House Financial Services Committee, according to a source familiar with the talks.

2022-7-21 00:01	policy
source face still legislation plan conservative assets

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Stablecoin Bill Won’t Force All Issuers to Be Banks, Congressman Says

Congress may rebuff U.S. regulators who wanted stablecoins to be the exclusive territory of banks, according to a lawmaker familiar with a legislative effort now in motion. Democrats on the House Financial Services Committee have been working on requirements that may not be as restrictive as the Treasury Department and financial regulators had asked.

2022-7-18 16:38	policy
financial may regulators banks motion committee democrats

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Secretary Yellen; UST Collapse Could Have Been Avoided With The Available Legal Framework

The ongoing crypto market turmoil and the de-pegging by two of the largest stablecoins earlier this week has caught the attention of regulators, particularly Treasury Secretary Janet Yellen. Testifying before the House of Representatives Financial Services Committee Thursday, Yellen brought up the issue of UST and USDT noting stablecoin issuers needed to be brought under […]

2022-5-13 13:39	ust
yellen secretary brought ust services committee representatives

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Wyoming Legislators Propose a Bill Seeking to Issue a State-Backed Stablecoin

Four members of the Wyoming Legislature have backed a bill proposal that would see the State Treasurer issue a stablecoin. Wyoming State Senators Tara Nethercott and Chris Roth fuss together with House representatives Mike Yin and Jared Olsen, introduced the Senate file SF0106 on Thursday.

2022-2-21 07:00	Wyoming
wyoming stablecoin state issue bill chris house

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How Abracadabra became one of the fastest-growing decentralized protocols

There is still no consensus about the best method of creating a stable currency on the blockchain. While USDT is the most popular stablecoin, many believe it is a giant house of cards capable of crashing the whole system.

2021-12-2 12:30	Stablecoins
stablecoin many popular believe usdt blockchain giant

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Crypto-loving Nigeria to launch eNaira stablecoin today

Weeks after its postponement, President Muhammad Buhari will officially launch the Nigerian Central Bank Digital Currency, eNaira, at the State House, Abuja, today. The post Crypto-loving Nigeria to launch eNaira stablecoin today appeared first on CryptoSlate.

2021-10-26 19:00	Nigeria
enaira launch today crypto-loving stablecoin nigeria state

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IMF Warns of DeFi and Stablecoin Risks, Biden Administration Taking ‘Aggressive’ Approach to Crypto

A senior White House official says the administration ensures a “smart and effective regulatory system” for crypto. Meanwhile, for the IMF, because DeFi is one of the main drivers of the rapid growth of stablecoins, it “warrants close attention.

2021-10-13 16:40	Stablecoins
administration imf crypto defi one meanwhile system

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Law Decoded: Infrastructure woes and benevolent punishments, Sept. 27–Oct. 3

As House Democrats grapple over the infrastructure bill, the Biden administration and Federal Reserve eye stablecoin regulation.

2021-10-4 18:00
infrastructure grapple democrats bill house administration stablecoin

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Ethereum community explodes over proposed stablecoin act from U.S. representatives

The crypto community was slammed with news earlier this week that United States House representatives are looking to crack down on stablecoins. The post Ethereum community explodes over proposed stablecoin act from U.

2020-12-5 16:22	ethusd
representatives community ethereum act explodes stablecoin proposed

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Waters Seeks Rescission of OCC Guidance; May Be Part of Anti-Trump, Anti-Crypto Offensive

The head of the House Financial Services Committee wants President-elect Biden to to rescind guidance by the OCC that national banks may hold stablecoin reserves as a service to bank customers.

2020-12-5 02:46
may guidance occ banks national rescind reserves

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Waters Tells Biden to Rescind OCC Crypto Guidance; May Be Part of Anti-Trump, Anti-Crypto Offensive

The head of the House Financial Services Committee wants President-elect Biden to to rescind guidance by the OCC that national banks may hold stablecoin reserves as a service to bank customers.

2020-12-6 02:46
may guidance rescind biden occ banks national

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Facebook COO Sandberg in Talks to Testify On Libra Before The House

Facebook’s COO Sandberg in talks with the U.S. House Financial Services Committee to testify about Libra stablecoin

2019-9-28 01:00	USA
testify facebook house libra talks sandberg coo

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Circle CEO shares a piece of advice for Rep Maxine Walters; supports Libra initiative

A halt in the development of the controversial Libra stablecoin was called by Democrats from the U. S. House of Representatives due to the concerns relating to Facebook’s past records with privacy and protection related to its users.

2019-7-5 03:03	News
libra facebook circle past initiative advice piece

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US Congress Requests Moratorium on Facebook’s Libra Stablecoin

The U.S. House of Representatives Committee on Financial Services requested that Facebook imposes a moratorium on the development of its stablecoin

2019-7-4 20:58	Mark Zuckerberg
facebook stablecoin moratorium requested services imposes development

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Dark-Horse Trump Rival Pumps Crypto, Aims to Make US a Bitcoin Nation

By CCN: Far from a first, California Democrat Rep. Eric Swalwell is accepting Bitcoin donations for his dark-horse bid to knock off Donald Trump in the 2020 presidential election. More significantly, the bombastic congressman wants to usher in a blockchain revolution after he vanquishes Trump from the White House.

2019-5-24 21:36
bitcoin trump crypto dark-horse white accepting six

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What Is DeFi and Where Does It Leave Bitcoin?

The Bitcoin bull and bear market cycles are a pattern that produces significant developments — when the market is cold, people tend to focus on building the next wave of groundbreaking technology.

2019-3-29 16:26	Digital assets
bitcoin defi decentralized services finance like ethereum

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Ex-Tether Exec Joins Venture Launching Stablecoin Clearinghouse

Phillip Potter, co-founder of Tether (USDT) and former CSO of sister firm Bitfinex, has joined the advisory board of a new stablecoin clearing house project

2019-2-5 19:01	Cryptocurrencies
stablecoin joined bitfinex sister firm advisory house

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Blockchain’s Report Examines Benefits (and Failures) of Today’s Stablecoins

Stablecoins have garnered serious investor attention over the past few weeks. Unlike bitcoin and similar cryptocurrencies, they are digital assets built to lessen price volatility and are often paired against the U.

2018-9-29 01:06	Digital assets
stablecoins percent stablecoin digital report roughly most

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stablecoin house → Результатов: 24

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