2024-5-12 17:06 |
House Financial Services Committee Chair Patrick McHenry emphasized the importance of the FIT21 Act: "For far too long, the U.S. digital asset ecosystem has been plagued by regulatory uncertainty..." origin »
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House Financial Services Committee Chairman Patrick McHenry said new legislation that will give the crypto industry greater clarity regarding regulatory oversight is set for a potential House floor vote by the end of May.
2024-5-11 02:42 | |
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House Republicans are gearing up to challenge the SEC’s controversial rule regarding digital asset custody, labeling it as an overreach of the agency’s authority. During a press conference on May 7, Representative Tom Emmer, a prominent Republican lawmaker, criticized SEC Chairman Gary Gensler’s tenure, calling it marked by “regulatory hypocrisy, inconsistency, and incompetence.
2024-5-8 02:04 | |
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During a House Financial Services Committee session, SEC Chair Gary Gensler avoided clear answers on Ethereum's status, leading to accusations of deception and a potential shift in regulatory approach for cryptocurrencies.
2024-5-1 18:07 | |
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House Financial Services Committee Chairman Patrick McHenry has accused SEC Chair Gary Gensler of misleading Congress concerning the classification of Ethereum during his testimony in April 2023. The accusation comes amid escalating tensions over the regulatory approach to digital assets in recent months, with some industry participants filing lawsuits against the watchdog for overstepping its […] The post McHenry slams Gensler for misleading Congress about Ethereum’s classification appeared first on CryptoSlate.
2024-4-30 21:39 | |
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The crypto clearing house plans to start preliminary settlement services in the U.K. this year, subject to regulatory approval.
2024-3-14 13:56 | |
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CFTC chair Rostin Behnam told Congress there is an urgent need for legislation that can provide regulatory clarity for the crypto industry to ensure investors are appropriately protected. Behnam made the statement during his testimony before the House Agriculture Committee on March 6 that primarily focused on the C FTC’s fiscal year 2025 budget request.
2024-3-6 21:58 | |
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Stablecoin issuers Tether told CryptoSlate in a Feb. 16 statement that it is actively averting the misuse of stablecoin technology by working with global law enforcement agencies. The remarks followed comments by Caroline Hill, Senior Director of Global Policy and Regulatory Strategy at Circle, during a House Financial Services Committee hearing titled ‘Crypto Crime in […] The post Tether CEO implies Circle director misled Congress in ‘desperation’ attack on USDT appeared first on CryptoSlate.
2024-2-17 17:59 | |
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Federal Reserve Chairman Jerome Powell addressed House Democrats regarding the necessity of a legislative framework for stablecoins.
2024-2-15 22:00 | |
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Leading Republican House Financial Services Committee members have voiced deep concerns over recent actions taken by the Federal Reserve Board (Fed) that they believe undermine the progress made by Congress in establishing a regulatory framework for payment stablecoin.
2023-8-29 04:00 | |
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According to a recent report by Bloomberg, Maxine Waters, the top Democrat on the House Financial Services Committee, expressed deep concern over PayPal Holdings Inc. ’s stablecoin launch without a comprehensive regulatory framework.
2023-8-10 08:00 | |
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Representative Patrick McHenry, (R-NC), chair of the U. S. House Financial Services Committee Chairman, endorsed PayPal’s recently-announced stablecoin on Aug. 7. McHenry said in a statement: “[PayPal’s] announcement is a clear signal that stablecoins—if issued under a clear regulatory framework—hold promise as a pillar of our 21st century payments system.
2023-8-8 04:00 | |
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In a momentous move, the US House Financial Services Committee has taken a significant step forward in establishing a federal regulatory framework for stablecoins despite the fears of Elon Musk creating his own.
2023-7-28 08:45 | |
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The bills aim to create a regulatory framework for payment stablecoins and enshrine rights for crypto users to self-custody digital assets.
2023-7-28 06:51 | |
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A noteworthy development has occurred in regulating the United States’ crypto space as a House Committee has approved a bill to bring clarity into the industry. On July 26, the U. S House Financial Services Committee approved the Financial Innovation and Technology Act for the 21st Century Act, popularly known as FIT21.
2023-7-28 01:00 | |
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The US House Financial Services Committee passed two crypto regulatory bills, clarifying jurisdiction for crypto firms under US securities and commodities regulators.
2023-7-27 16:25 | |
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The US House Financial Services Committee has approved the Financial Innovation and Technology for the 21st Century Act, a major step towards cryptocurrency regulation, despite potential resistance in the Democrat-led Senate.
2023-7-27 09:36 | |
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In a landmark victory for the crypto industry, the US House Financial Services Committee has achieved a landmark victory by advancing a bipartisan bill aimed at establishing a regulatory framework for Bitcoin and cryptocurrencies yesterday.
2023-7-27 09:00 | |
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A vital US House meeting has passed a bipartisan bill that might finally ensure the sought-after regulatory clarity for cryptocurrency businesses. On Wednesday, 26 July, most United States watchdogs voted to advance two cryptocurrency regulation bills, approving the 21st Century Act to safeguard customers and ensure decisive rules for the digital asset sector.
2023-7-27 07:32 | |
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Two crypto regulatory bills have been passed by the United States House Financial Services Committee that could finally provide some much-needed regulatory clarity.
2023-7-27 04:26 | |
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Senior House Republicans have officially introduced a bill that seeks to change how crypto markets function in the United States. Republican members of the Agriculture and Financial Services Committees of the United States House have introduced this bill to create a regulatory framework for digital assets.
2023-7-21 18:30 | |
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US House Republicans have proposed a crypto regulatory bill that would require collaboration between the Commodity Futures Trading Commission and the Securities and Exchange Commission. The bill aims to provide clarity on digital asset exemptions and securities laws.
2023-7-21 08:48 | |
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The following is a guest post from Hamilton Keats, CEO and co-founder of Krayon Digital. In an attempt to demonstrate that there’s a path forward for crypto firms within the existing regulatory framework, the SEC extended an invitation to Prometheum to the House Financial Services Committee hearing on digital assets.
2023-7-3 06:00 | |
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While the U.S. grapples with a fragmented and turbulent regulatory environment for digital assets, some of Canada’s lawmakers are attempting a more holistic approach. The Canadian House of Commons’ Standing Committee on Industry and Technology has published a comprehensive report on blockchain technology, including a series of recommendations to the Government of Canada to support […] The post Canadian lawmakers publish recommendations in support of blockchain adoption appeared first on CryptoSlate.
2023-6-29 06:00 | |
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The House Financial Services Committee will hear testimony from five key blockchain industry figures on June 13 as the U. S. government grapples with how to address an increasingly urgent regulatory problem.
2023-6-13 21:26 | |
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Circle CEO Jeremy Allaire published a June 12 blog post featuring testimony that he plans to present to Congress regarding draft stablecoin regulation. Allaire urges for pro-U.S. stablecoin rules Allaire said in his prepared remarks: “The stablecoin bill is a crucial piece of legislation that should be the first step in creating a regulatory framework […] The post Circle CEO praises US stablecoin bill in remarks prepared for House committee hearing appeared first on CryptoSlate.
2023-6-13 01:07 | |
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The U.S. House Committee explores blockchain and Web3’s future as industry leaders testify on democratizing the internet and regulatory challenges.
2023-6-8 12:24 | |
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The full Agriculture Committee heard testimony from CFTC Chair Rostin Behnam, a full roster of former regulators and Coinbase’s chief legal officer.
2023-6-7 21:00 | |
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House Republicans have introduced a draft proposal to address gaps in cryptocurrency regulations, assigning the CFTC authority over crypto commodities and the SEC for digital securities. To bridge the gaps in the current regulatory framework surrounding cryptocurrencies, House Republicans have…
2023-6-5 11:59 | |
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Coinspeaker US House Committee on Financial Services Issues Ultimatum to SEC Chair Gensler The ultimatum highlights the growing pressure on the SEC to take a more transparent approach to its regulatory activities.
2023-5-12 16:04 | |
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In a rare confluence of the U.S. House's key cryptocurrency committees, the question of new digital asset legislation spurred intense debate, pitting the urgency of regulatory measures against concerns over potential leniency.
2023-5-11 20:15 | |
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Titled, "The Future of Digital Assets: Identifying the Regulatory Gaps in Spot Market Regulation," the hearing will take place on Thursday afternoon.
2023-4-27 19:00 | |
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Coinspeaker Crypto Regulatory: New Stablecoins Draft Bill Introduced in US House of Representatives The United States Congress is set to discuss a new bill geared towards providing requirements for payment stablecoin issuers, and research on a digital dollar.
2023-4-17 10:18 | |
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Coinspeaker Bitcoin and Ethereum Drop as US Financial Regulators Intensifies Crackdown on Crypto Projects The regulatory crackdown was highly anticipated based on the recent White House report to Congress, which called crypto volatile for investment.
2023-3-28 11:26 | |
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Member of the US House of Representatives and Majority Whip Tom Emmer has recently introduced a new bill to provide regulatory clarity for the blockchain and cryptocurrency industry. The bill is called the Blockchain Regulatory Act (BCRA).
2023-3-24 02:13 | |
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Amid the turmoil that the Securities and Exchange Commission (SEC) and the crypto industry have been involved in over the past few weeks, digital assets may see a step forward in regulatory relief. In particular, new legislation seeks to enhance financial freedom for American customers in the U.
2023-2-23 03:00 | |
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Indonesia plans to launch a national cryptocurrency exchange in 2023 as part of its regulatory reform adopted by the Indonesian House of Representatives on December 15, according to a report from Bloomberg.
2023-1-5 23:46 | |
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Committee Chair Maxine Waters stated that she expects SBF to testify before the House committee Australian Regulatory body accused FTX Australia of exploiting loopholes to get licensed As moThe post FTX saga continues as this Committee Chair insists on getting SBF's testimony appeared first on AMBCrypto.
2022-12-7 05:30 | |
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Representative Patrick McHenry said regulatory clarity for digital assets would be one of his "top priorities" if he became the next chair of the House Financial Services Committee.
2022-9-30 22:15 | |
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“We’ve got to move, pick a regulator, and give the market the certainty and guardrails it deserves,” said House Representative Josh Gottheimer.
2022-9-28 00:05 | |
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United States President Joe Biden has passed an executive order on crypto, which is called “Ensuring Responsible Development of Digital Assets. After this, the federal agencies introduced a joint fact sheet on six principal directions for regulation in the U.
2022-9-17 04:00 | |
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The White House has officially released a report detailing specific regulatory measures for cryptocurrencies.
2022-9-17 17:14 | |
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Following U.S. President Biden’s executive order, the White House published a framework for CBDC development and strict regulation of the ecosystem.
2022-9-16 16:13 | |
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The White House has indicated that it wants to protect consumers, fight financial crime, and look into launching a digital dollar. White House Publishes Crypto Framework The U.S. government is...
2022-9-16 15:23 | |
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White House visitor logs show that FTX CEO Sam Bankman-Fried and other officials from the crypto exchange visited White House officials. The post FTX CEO and Regulatory Team Met White House Officials, Visitor Logs Show appeared first on BeInCrypto.
2022-8-31 09:30 | |
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Sam Bankman-Fried and FTX’s regulatory team met with White House policy advisor Charlotte Butash and counselor Steve Ricchetti in May.
2022-8-31 01:39 | |
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FTX Europe & MENA (FTX Europe) recently announced that it has obtained a license to establish and operate its virtual asset exchange and clearing house services in Dubai, United Arab Emirates (UAE).
2022-3-15 16:45 | |
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On Wednesday, key executives at six major crypto firms testified before the House Financial Services Committee, saying shoehorning existing rules doesn’t work. The post Crypto firms call on U.
2021-12-10 19:00 | |
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Key executives are set to be in the hot-seat when Congresswoman Maxine Waters (D-CA) Chairman of the House Committee on Financial Services chairs a hearing entitled: Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States.
2021-12-4 18:10 | |
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Pakistan’s Minister of State for Parliamentary Affairs, Ali Muhammad Khan, said that the government has no objection to the use of cryptocurrencies by Pakistani youth. The lower house of parliament in Pakistan highlighted the absence of a regulatory framework for cryptocurrency on 20 October 2021.
2021-10-23 18:00 | |
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Sen. J.D. Vance, Ohio Republican and “Hillbilly Elegy” author, has been announced as former President Donald Trump’s running mate for the 2024 election. Vance’s selection comes amid his push to reform digital asset regulation, which has garnered support from the…
Former President Donald Trump’s support for crypto is swaying some Republican voters as he campaigns for a return to the White House. According to a poll conducted by Echelon Insights and sponsored by crypto investment firm Paradigm, 13% of likely…
U.S. legislators Chrissy Houlahan and French Hill recently called for the release of Tigran Gambaryan after visiting him in a Nigerian prison. The Binance executive is currently facing serious money laundering charges, which are alleged to be related to his…
Crypto regulations in the United States may become clearer in the coming years as the country’s legislature is examining more than 30 bills related to the emerging digital economy. Focus on Crypto Regulation and Tax Laws According to a Forbes report, the U.
Despite the fears of some that regulations would be the reason why cryptocurrency falls, and the “bubble” pops, an article by Forbes published on July 30th, 2019 reports that U. S. lawmakers have finally concluded that this wouldn’t be possible.