2024-12-8 18:00 |
Congress must pass legislation that establishes a framework for regulating stablecoins, officials say. origin »
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U.S. Treasury Secretary Janet Yellen is poised to warn Congress about the specific threats that cryptocurrencies and stablecoins pose to the financial stability of the country
2024-2-6 09:31 | |
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As Congress considers a path for nonbanks to be allowed to issue stablecoins, Nellie Liang, the U.S. Treasury Department’s undersecretary for domestic finance, says that’s fine with the agencies that once recommended issuers be regulated as banks.
2022-7-19 21:56 | |
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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 | |
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The group of 21 activists provided examples of how crypto assists people around the world, saying “tens of millions” rely on Bitcoin and stablecoins as a way to access financial tools.
2022-6-9 08:08 | |
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Human Rights leaders from 20 countries have sent a letter to Congress urging it to learn about the benefits of bitcoin and stablecoins.
2022-6-8 16:44 | |
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U.S. Treasury Secretary Janet Yellen has called on Congress to pass stablecoin legislation, referencing UST’s recent depeg event. Yellen Highlights Stablecoin Risks Stablecoins are facing increased scrutiny from the U.S....
2022-5-10 19:31 | |
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A back-and-forth on Stablecoin regulation between the US Congress and the US Treasury department has left the fate of Stablecoins hanging in the balance. Nellie Liang, the US Treasury secretary, last week, called out the US congress for what she believes is a marked sloppiness in the formulation of regulations regarding Stablecoins. Liang expressed the intent […]
2021-12-20 18:56 | |
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The SEC was denied a monopoly over the stablecoin sector, yet the risk of being designated “systemically important” persists.
2021-11-4 18:32 | |
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The United States will not follow the example of China in imposing an outright ban on cryptocurrencies but is looking at regulating stablecoins, the Fed Chairman said on Thursday. The Fed Has “No Intention” Of Banning Cryptocurrencies The United States Federal Reserve does not intend to ban all cryptocurrency transactions, the chairman Jerome Powell emphasized […]
2021-10-1 01:29 | |
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Rachida Tlaib, Michigan’s House Representative, alongside congressmen Jesus Garcia and Stephen Lynch, have introduced a new bill in Congress to ban the use of illegal stablecoins. A press release unveiled this news on December 2, noting that this bill seeks to improve protection for US citizens against the risks associated with the rapidly growing crypto market in the US.
2020-12-5 12:00 | |
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A new bill introduced to Congress seeks to control the entire stablecoin industry by requiring all related activities to obtain federal approval first
2020-12-4 06:36 | |
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Kraken submitted 56 million crypto tax forms for 2025, most reporting gains under $50, and is now calling on Congress to overhaul what it calls an unworkable reporting threshold. Kraken filed 56 million crypto tax forms with the IRS for…
US election news from Texas arrived Monday as Attorney General Ken Paxton filed a lawsuit in Tarrant County district court against ActBlue, the Democratic fundraising platform, alleging it violated the Texas Deceptive Trade Practices Act by continuing to accept gift…
RFK Jr. HHS budget cuts of roughly $16 billion faced their first major congressional test Thursday as Health Secretary Robert F. Kennedy Jr. testified before the House Ways and Means Committee, fielding pointed questions on vaccine policy while defending a…
Eric Swalwell resignation took effect April 15 as the California Democrat stepped down from his seven-term House seat, capping a political collapse that erased both his congressional career and his frontrunner status in the California governor’s race in under one…
Congress is calling for a Polymarket investigation after at least 50 newly created accounts placed bets on a US-Iran ceasefire in the minutes before President Trump announced it on social media on April 9.
The Trump administration submitted a $1.5 trillion defense spending request to Congress on April 3 — the largest military budget proposal in U.S. history — pairing record military outlays with cuts to domestic programs in a fiscal combination that signals…
The Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have announced they are relaunching the Project Crypto initiative as a joint policy effort to prepare US markets for the digital era.