U.S. Republican Lawmakers Say Crypto Legislation Not Yet Off the Table for This Year

2024-9-18 19:40

Two of the leading U.S. lawmakers seeking crypto oversight legislation, Rep. Patrick McHenry (R-N.C.) and Sen. Cynthia Lummis (R-Wyo.), are maintaining their position that a chance remains for a bill to clear Congress before the year is out. origin »

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year legislation lawmakers crypto position lummis r-wyo

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Источник: coindesk.com

year legislation → Результатов: 76

El Salvador’s Bukele proposes new crypto regulations to enhance Bitcoin transaction safety

El Salvador’s President Nayib Bukele has unveiled a proposal to amend the Digital Assets Emission Law, a key piece of legislation enacted last year. This new initiative announced through the Ministry of Economy, aims to enhance the country’s cryptocurrency framework by expanding the role of the National Digital Assets Commission (CNAD). The proposed changes are […]

2024-8-29 22:29	Bitcoin
digital assets enhance new bukele salvador country

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Top Republican Retains Hope U.S. Crypto Legislation Can Get Done This Year

Sen. Cynthia Lummis said the window is closing, but it's not shut yet.

2024-8-22 02:00	Election 2024
window said lummis closing yet shut cynthia

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Senator Chuck Schumer pledges pro-crypto laws if Harris is president

Speaking at the Crypto4Harris event, the majority senate leader says he will make it his goal to introduce pro-crypto legislation by the end of this year if Kamala Harris is elected president.

2024-8-15 03:54
harris president pro-crypto introduce legislation goal elected

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Stablecoin regulation more likely this year following key discussions among lawmakers

Recent discussions between House leaders and Senate Majority Leader Chuck Schumer may lead to action on stablecoin legislation during this summer’s session or in the year-end lame-duck session, according to investment bank TD Cowen.

2024-4-16 22:41	Stablecoins
discussions session stablecoin summer action legislation bank

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Top U.S. House Lawmakers Meet on Stablecoin Bill Strategy: Punchbowl

The U.S. congressional effort to establish regulations for stablecoins has become an increasing longshot for passage this year, but the lawmakers who've pushed legislation the farthest reportedly had a meeting with Senate Majority Leader Chuck Schumer about it, Punchbowl News reported.

2024-4-12 01:34	Legislation
punchbowl lawmakers had farthest reportedly legislation pushed

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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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Crypto Fan Won Ohio Senate Primary That Could Alter the Industry's U.S. Destiny

Ohio's U.S. Senate race may be the biggest congressional contest this year for the crypto industry, now pitting a digital assets booster against Sen. Sherrod Brown (D-Ohio), the sitting Senate Banking Committee chairman who has stood in the way of the development of regulatory legislation.

2024-3-21 05:26
senate crypto industry ohio d-ohio sitting banking

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CFTC chair urges Congress to issue legislation for crypto regulations

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	Regulation
crypto behnam cftc legislation chair congress house

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U.S. crypto industry lobbying efforts hit record high in 2023

OpenSecrets researchers have found that the cryptocurrency industry is on track to set a new record for federal lobbying spending. The record spending comes after a year in which firms struggled to rebuild their reputations and push for friendlire legislation,…

2023-12-5 15:41
record spending industry lobbying firms struggled year

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U.S. House's Spending Bill Aims to Hamstring SEC's Gensler Amid His Crypto Crackdown

As the U.S. House of Representatives weighs legislation on next year's spending, a provision was added on Wednesday that would deprive funding from U.S. Securities and Exchange Commission (SEC) enforcement actions against crypto businesses.

2023-11-9 02:58	Congress
crypto house sec spending deprive funding wednesday

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UK regulators unveil plans to tame stablecoins

The UK is expected to introduce legislation pertaining to fiat-backed stablecoins in the early part of the upcoming year. These discussion papers represent the initial phase in shaping the new The post UK regulators unveil plans to tame stablecoins appeared first on AMBCrypto.

2023-11-6 18:00	Stablecoins
stablecoins regulators plans unveil tame phase shaping

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U.S. House Speaker Drama Could Threaten to Unravel Crypto's 2023 Chances

Republicans in the U.S. House of Representatives are sprinting toward the worst case scenario in their scramble for a new speaker of the House, and their infighting could worsen the prospects for crypto legislation this year.

2023-10-13 19:26
house crypto speaker could new scramble infighting

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Ex-Senator Who Once Shepherded Crypto Legislation Sees No Path in Current Congress

Former U.S. Sen. Pat Toomey, who tried and failed to push his own crypto legislation through Congress before leaving at the start of the year, can’t see how the current Senate will have any better luck, despite recent progress in the House of Representatives.

2023-9-22 21:31
congress current legislation crypto senate see year

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Singapore to mandate crypto exchanges store client funds in a trust

Singaporean authorities have drafted plans to make it mandatory for crypto exchanges to store their customers' funds in a trust. The legislation will take effect before the end of the year.

2023-7-3 18:37	Singapore
funds trust store exchanges crypto legislation year

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Slovakia approves lower crypto income tax rate

Slovakian lawmakers have passed legislation to regulate and reduce the tax rate on cryptocurrency income. Under the new law, crypto income from assets held for at least a year will be taxed at a favorable rate of 7%, aligning Slovakia…

2023-7-1 11:24	Taxes
rate income slovakia tax crypto assets least

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South Korean Passes New Crypto Legislation in the Wake of Terra

Over one year after the collapse of Do Kwons Terra empire, South Korea is taking decisive action. The government has passed a groundbreaking piece of legislation, the Virtual Asset User...

2023-7-1 18:16	News
terra legislation south taking government decisive action

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Slovakian Lawmakers Vote To Reduce Crypto Income Tax Rate

Lawmakers in Slovakia recently voted to confirm legislation to regulate and tax cryptocurrency income at a lower rate. Starting in effect, crypto income on assets held for at least a year will only be taxed at 7% instead of the current rates of 19% or 25%.

2023-6-30 00:00
rate income slovakia lower tax lawmakers crypto

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ChatGPT maker OpenAI hit with class-action lawsuit over alleged data theft

AI technology has gained a lot of traction over the past year, with the European Union and the United States already proposing legislation to regulate the nascent tech.

2023-6-30 11:56
past united year states union european proposing

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Pro-Bitcoin Legislation Reigns Victorious In Texas This Year As The Legislative Session Ends

In addition to the Texas bills, the latest proposed debt ceiling deal did not include the Biden Administration’s proposed 30% tax on Bitcoin miners.

2023-6-1 23:56	legal
proposed texas ceiling debt did deal include

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Successful Bank of England CBDC Pilot Could Speed up UK Crypto Regulation

Successful U.K. CBDC pilot paves the way for legislation in roughly a year, according to a Treasury official. The post Successful Bank of England CBDC Pilot Could Speed up UK Crypto Regulation appeared first on BeInCrypto.

2023-4-20 19:15	United Kingdom (UK)
pilot successful cbdc regulation crypto speed england

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Internal documents reveal Australia’s potential timeline for crypto legislation: Report

Internal documents from the Australian Treasury Department have revealed crypto legislation in the country could be a year away at the very least.

2023-3-6 06:29
internal legislation crypto documents least country could

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Stablecoin legislation may come this year, Bitwise exec says

Bitwise Chief Compliance Officer Kathrine Dowling is optimistic on stablecoin regulation in the US in 2023. According to Dowling, stablecoins will the first to be regulatory as what needs to be done is mostly straightforward.

2023-1-24 00:20	УС
stablecoin dowling bitwise according needs done mostly

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Bitwise Chief Compliance Officer Says Stablecoin Legislation Could Come This Year

Katherine Dowling, general counsel at the asset management firm, says that because stablecoins are a “narrower issue” lawmakers may be more inclined to tackle the crypto-related framework.

2023-1-24 21:21	Consensus Magazine
says narrower issue stablecoins lawmakers tackle crypto-related

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Circle CEO: US Stablecoin Legislation Is ‘Lowest-Hanging Fruit’

Jeremy Allaire says stablecoin regulation will be what lawmakers are focusing on this year because of its straightforward nature and significant growing potential.

2023-1-20 22:21	policy
stablecoin year focusing straightforward growing potential significant

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The Fall of the EU’s ‘Queen of Cryptocurrency’ Comes at a Crucial Time

2023 looks like it will be a bumper year for EU debates on crypto legislation. The demise of one of its biggest advocates doesn't help. The post The Fall of the EU’s ‘Queen of Cryptocurrency’ Comes at a Crucial Time appeared first on BeInCrypto.

2023-1-17 00:00	United Kingdom (UK)
time crucial queen fall cryptocurrency comes doesn

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US Senator proposes bill for better stablecoin legislation

Outgoing Pennsylvania Senator Pat Toomey on Wednesday introduced a bill that he expects would serve as a model for stablecoin legislation in the coming year.

2022-12-22 12:06	УС
stablecoin bill legislation senator serve model expects

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United States: Incoming lawmakers move to delay key legislation to tax crypto

U.S. Representative Patrick McHenry wrote a letter to the U.S. Treasury to delay crypto taxes. Many lawmakers this year have raised similar concerns. The United States midterm elections heldThe post United States: Incoming lawmakers move to delay key legislation to tax crypto appeared first on AMBCrypto.

2022-12-16 11:58	News
delay crypto lawmakers states united tax legislation

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Senator Gillibrand of New York hopes stablecoin legislation will prevail

According to recent reports, Sen. Kirsten Gillibrand, one of the Senate’s most pro-crypto Democrats, said she hopes a regulatory bill will be initiated in the coming weeks. Last-Ditch stablecoin regulations to emerge this year Sen. Kirsten Gillibrand (D-NY) said that…

2022-11-17 03:00	StableCoin
gillibrand stablecoin sen hopes kirsten said weeks

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Key US Lawmaker Says Talks Continue Over ‘Ugly Baby’ Bill to Oversee Stablecoins

After months negotiating legislation to establish U.S. oversight, Rep. Patrick McHenry signals the challenges ahead for the effort next year at DC Fintech Week.

2022-10-13 22:54	policy
signals challenges mchenry rep patrick ahead fintech

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The U.S. Has Declared War on Crypto. Here’s How We Fight Back

The U.S. government has taken a series of escalating actions over the last year to regulate the crypto industry, but as comprehensive legislation is still a long way off, regulators...

2022-9-29 17:54	White House
crypto industry year comprehensive regulate off regulators

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Stablecoin bill has ‘outside chance’ of finalizing this year — Rep. Warren Davidson

Earlier this week, new draft legislation on stablecoins came to light aimed at “endogenously collateralized stablecoins.”

2022-9-24 05:43
stablecoins legislation draft new earlier week came

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United States: Will this new bill ban Terra-like stablecoins for 2 years

A recent Bloomberg report stated that upcoming legislation would ban algorithmic stablecoins such as TerraUSD that collapsed in May this year leading to a global crypto crash. The said bill is currThe post United States: Will this new bill ban Terra-like stablecoins for 2 years appeared first on AMBCrypto.

2022-9-21 21:00	News
bill ban stablecoins new united years states

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A Stablecoin Law May Not Happen This Year

Hey folks. Monday was a federal holiday in the U. S. so we’re taking it easy today. Reporting from my colleague Jesse Hamilton suggests that stablecoin legislation we expected to see released this month may not be coming after all.

2022-9-8 20:30	policy
stablecoin may suggests jesse legislation colleague hamilton

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US Treasury's Tornado Cash Sanctions Are ‘Unprecedented’, Warns Congressman

With just 28 legislative days left this year, “it’s unlikely that any crypto legislation is going to move,” U.S. Representative Tom Emmer said on CoinDesk TV’s “First Mover” show.

2022-8-19 00:45	policy
move representative going any crypto legislation tom

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US Treasury's Tornado Cash Sanctions Are ‘Unprecedented,’ Warns Congressman

With just 28 legislative days left this year, “it’s unlikely that any crypto legislation is going to move,” U.S. Representative Tom Emmer said on CoinDesk TV’s “First Mover” show.

2022-8-19 00:45	policy
move representative going any crypto legislation tom

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Treasury Tornado Cash Sanctions Are ‘Unprecedented’, Warns US Congressman

With just 28 legislative days left this year, “it’s unlikely that any crypto legislation is going to move,” U.S. Representative Tom Emmer said on CoinDesk TV’s “First Mover” show.

2022-8-19 00:45	policy
move representative going any crypto legislation tom

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US Senate is unlikely to vote on crypto bill this year, Lummis says

The bipartisan crypto bill by US Senators Cynthia Lummis and Kirsten Gillibrand is unlikely to go to a vote this year, Lummis said on Tuesday. According to the lawmaker, the crypto legislation might see a Senate vote in 2023, noting that the bill still has to go through various committees.

2022-7-20 23:23	USA
vote crypto lummis bill year unlikely senate

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Biden administration official hints at stablecoin legislation that could come into force this year

Coindesk reported that an official of the U.S federal government hinted that the government is working with Congress on a stablecoin legislation that could become law by the end of the year. The post Biden administration official hints at stablecoin legislation that could come into force this year appeared first on CryptoSlate.

2022-7-1 08:40	Stablecoins
could year legislation stablecoin official biden government

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Biden Official Says US Government Could Pass Stablecoin Rules by End of Year

The President’s Working Group on Financial Markets discussed issues that should be addressed by stablecoin legislation in a meeting Thursday.

2022-7-1 21:20	policy
stablecoin issues discussed markets financial thursday should

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Digital Euro May Get Easier AML Rules Than Bitcoin, EU Commissioner Says

Mairead McGuinness promised a role for banks in distributing the CBDC, as a consultation presages legislation earlier next year.

2022-4-6 18:56	policy
cbdc distributing banks consultation year earlier legislation

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Japan’s Top Financial Regulator Planning to Limit Stablecoin Issuance to Banks & Wire Transfer Companies

After the US, Japan is focusing on stablecoins and is acting to limit the number of companies that can issue these assets backed by fiat currency, according to a Nikkei report. The country’s top banking regulator, Financial Services Agency (FSA), is reportedly planning to propose legislation next year to restrict the issuance of stablecoins to […] The post Japan’s Top Financial Regulator Planning to Limit Stablecoin Issuance to Banks & Wire Transfer Companies first appeared on BitcoinExchangeGuide.

2021-12-7 18:56	Stablecoins
issuance japan limit companies regulator financial planning

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Japan's financial regulators may propose legislation in 2022 restricting stablecoin issuance

The move comes as the Bank of Japan wants to roll out a digital yen CBDC by the end of next year.

2021-12-7 00:35	Regulation
japan bank wants move comes out year

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Wealthfront Allows Clients to Invest in Crypto; Germany Passes Legislation on Spezialfonds to Allocate 20%

Wealthfront is the latest one to start allowing its clients to invest in cryptocurrencies later this year. The US digital wealth manager with $16 billion in assets under management said starting this week; users will be able to build their own portfolio from a range of ETFs vetted by their team.

2021-4-30 18:13	Bitcoin News
wealthfront invest clients starting week users said

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India Renews Crypto-Hostility With New Proposed Ban

India announced plans to pass new legislation that seeks to ban all private cryptocurrencies in India during the first parliamentary budget session of the year which resumed on 30 January 2021. According to an official statement by the lower house of parliament, the proposed bill will feature a framework for the development of an official […]

2021-2-2 23:08	India
india new official proposed ban according statement

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Bitcoin Community Reacts to Russia’s Criminalization of Undeclared Crypto Activity

Bitcoin is not welcome in Russia. The Central Bank of Russia, this year, put in place legislation that bans the issuance and circulation of cryptocurrencies. But officials in the country accept that an outright ban is unenforceable.

2020-9-26 15:13	Russia
russia bitcoin circulation ban issuance unenforceable bans

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EU planning to adopt legislation to improve crypto regulation by the end of the year

EU’s Executive Vice-President Valdis Dombrovskis explained the future of digital assets and the EU’s... The post EU planning to adopt legislation to improve crypto regulation by the end of the year appeared first on Coin Journal.

2020-6-27 19:01	EU
planning year legislation regulation improve adopt crypto

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Recap of Cryptocurrency Regulation and Adoption in 2019

As the year comes to an end, BeInCrypto takes a look at how legislation and adoption of cryptocurrencies fared in 2019 and what we could expect in 2020. The next decade will be critical and formative years for how digital currencies are implemented and regulated around the globe.

2020-1-1 01:04	United States of America
adoption 2019 critical decade formative expect 2020

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Around the World in 2019 — A Landmark Year for Crypto Taxation

US, UK, France, Australia and many more – a glance of crypto tax legislation worldwide in 2019

2019-12-29 00:32
crypto 2019 many glance tax worldwide legislation

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German Fintechs Rush to Offer Crypto Custody Services Under New Law

Fintech companies in the Federal Republic are quickly moving to develop and offer custodial solutions for digital assets under the new German legislation that will allow banks to store, transfer and trade cryptocurrencies next year.

2019-12-13 02:30	Wallet
new under german offer legislation digital assets

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SEC's Gensler Won't Reveal His View on Trump's Bitcoin Reserve, Reiterates Bitcoin Isn't a Security

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler reiterated his stance that bitcoin is "not a security" but doubled down on his stated position that regulatory clarity exists for the crypto space in an interview with CNBC on Thursday.

Crypto-backed Candidate Ansari Narrowly Wins Arizona Primary By 39 Votes

Another crypto fan is likely to arrive in Congress next year, with Yassamin Ansari winning her Democratic primary race in Arizona by a scant 39 votes, a result confirmed Tuesday after an automatic recount.

Crypto-backed Candidate Ansari Narrowly Wins Arizona Primary by 39 Votes

Flood of Cash from Coinbase Gives Crypto One of the Biggest Campaign War Chests

The crypto industry has – with the addition of another $25 million from Coinbase Inc. on Monday – amassed one of the largest stockpiles of campaign cash in U.S. politics.

Wall Street Asks Biden Not to Veto Congress' Rejection of SEC Crypto Policy

In a rare lobbying overlap with crypto world, Wall Street banks and members of Congress are asking President Joe Biden to reverse course on his vow to veto the U. S. congressional resolution to overturn the U.

Is the House’s FIT21 Bill Really the Legislation That Crypto Needs?

While many in the industry cheered the passing of the Financial Innovation and Technology for the 21st Century Act yesterday, many other raised criticisms and concerns.

2024-9-18 19:40

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