2023-7-28 20:00 |
In a groundbreaking development, the U. S. House Financial Services Committee has just passed the “Keep Your Coins Act of 2023,” a landmark bill advocating for the right to self-custody Bitcoin and other cryptocurrencies.
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The bill was intended to protect crypto users' right to maintain custody of their digital assets. The committee acknowledged that the bill would address a key issue which was manifested followiThe post U.
2023-7-30 09:30 | |
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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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House lawmakers cleared stablecoins legislation for the next step in its route through Congress on Thursday, though the House Financial Services Committee moved the bill toward a potential floor vote without bipartisan support as Chair Patrick McHenry (R-N.
2023-7-28 05:00 | |
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The U.S. House Committee on Agriculture has approved the Financial Innovation and Technology for the 21st Century Act
2023-7-28 01:10 | |
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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 House Agriculture Committee advanced the Financial Innovation Technology for the 21st Century Act, a day after the House Financial Services Committee did.
2023-7-28 21:11 | |
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New bill aimed at setting clearer regulations for ever-growing cryptocurrency industry has gained approval from US House Financial Services Committee
2023-7-27 13:39 | |
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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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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 United States House Financial Services Committee, led by Representative Patrick McHenry, has unveiled the third draft of the stablecoin bill.
2023-6-10 19:03 | |
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The draft bill is set to go before the House committee for discussion on June 13 and, if approved, could become the first example of crypto legislation in the United States.
2023-6-9 14:13 | |
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As the digital asset industry continues to evolve, so too do the regulations designed to govern it. In a recent development, the US House Financial Services Committee has unveiled a revised draft of a stablecoin bill, a product of bipartisan collaboration, and a potential harbinger of comprehensive US crypto regulation. The bill is the result […]
2023-6-9 14:00 | |
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The Republican chair of the House Financial Services Committee has released a new draft of the leading U.S. legislative proposal for overseeing stablecoins, and it includes some of the positions of Democratic lawmakers.
2023-6-9 07:08 | |
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The U. S. House Committee on Agriculture heard testimony on June 6 regarding a draft discussion bill on cryptocurrency recently advanced by Republican lawmakers. Coinbase, Robinhood declare support Rep.
2023-6-7 23:52 | |
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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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Senator Elizabeth Warren said during a May 31 Senate hearing that she aims to combat cryptocurrency’s role in the illegal fentanyl trade. Fentanyl trade Warren said to the Senate Banking Committee: “Crypto is supposedly banned in China … but more than 90 companies based in China are raking in tens of millions of dollars worth […] The post Elizabeth Warren highlights crypto’s role in fentanyl trade; plans to combat with bill appeared first on CryptoSlate.
2023-6-1 01:33 | |
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The legislation would have capped the industry's participation in demand response programs.
2023-6-1 22:09 | |
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House Democrats on the Financial Services Committee are considering a new version of proposed stablecoin bill weeks after Republicans on the committee introduced their own discussion draft.
2023-5-13 23:15 | |
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Rep. Patrick McHenry, the chair of the House Financial Services Committee, has announced that the committee will collaborate with the House Agriculture Committee to draft crypto legislation. The joint public hearings will begin in May, and the goal is to produce legislation that oversees the crypto industry within the next two months.
2023-4-29 17:27 | |
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AUSTIN, Texas – The U. S. House Financial Services Committee and House Agriculture Committee will put together legislation to oversee the crypto sector in the "next two months" after holding joint public hearings starting May, said Patrick McHenry (R–N.
2023-5-1 01:32 | |
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AUSTIN, Texas – The U. S. House Financial Services Committee and House Agriculture Committee will put together legislation to oversee the crypto sector in the "next two months" after holding joint public hearings starting May, said Patrick McHenry (R–N.
2023-4-29 01:32 | |
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The Republicans on the House Financial Services Committee (HFSC) brought forward a discussion draft of legislation for regulating stablecoin issuers. The bill also aims to update and clarify U.
2023-4-25 19:00 | |
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On April 25, the South Korean parliament’s National Policy Committee passed the first step of the country’s crypto bill, the Virtual Asset Investor Protection Act.
2023-4-25 17:49 | |
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Republicans on the House Financial Services Committee are taking another swing at stablecoin legislation with a discussion draft revealed Monday afternoon, which may mark a new starting point for negotiations with Democrats.
2023-4-25 23:00 | |
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Despite Republican House committee leaders publishing a draft bill and talking about progress, it hasn't been on the bipartisan level required for an eventual law, lawmakers said in a hearing Wednesday.
2023-4-19 17:44 | |
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The House Financial Services Committee has finally unveiled its stablecoin legislation, proposing a framework for stablecoin issuers such as Circle and Tether to define how their offerings can be regulated by state and federal entities, while calling for a temporary ban on algorithmic stablecoins.
2023-4-19 01:29 | |
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SEC Chair Gary Gensler testified before the House Financial Services Committee as Representative Bill Posey questioned him on the collapse of the crypto exchange FTX in November 2022.
2023-4-19 22:35 | |
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The stablecoin is the first major piece of crypto legislation in 2023.
2023-4-16 23:07 | |
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In a recent legislative meeting held by the Nevada Senate Committee on Commerce and Labor, members discussed a cryptocurrency bill aiming to establish a recovery fund.
2023-4-12 21:52 | |
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Texas regulators take a step toward sharply restricting Bitcoin miners' operations. The post Texas Senate Committee Approves Infamous Anti-Bitcoin Mining Bill appeared first on BeInCrypto.
2023-4-5 23:01 | |
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Under the proposed legislation, certain crypto mining firms participating in a program to reduce the load on Texas’ energy grid would not receive an abatement on state taxes.
2023-4-5 22:30 | |
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Texas is a major hub for bitcoin miners, many of whom have taken advantage of demand response programs, which the bill looks to curb.
2023-4-5 22:27 | |
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The Texas Senate Committee passed the anti-Bitcoin (BTC) mining bill on April 4, according to Satoshi Act Fund’s founder Dennis Porter. The post Anti-Bitcoin mining bill gets unanimous approval from Texas Senate committee appeared first on CryptoSlate.
2023-4-4 20:41 | |
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Pierre Rochard, VP of research at Riot Platforms testified yesterday that Bitcoin is a net positive for the state.
2023-3-30 21:51 | |
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Senator Kirsten Gillibrand has announced a new draft of her crypto bill during the Senate Agriculture Committee's hearing on CFTC oversight
2023-3-9 20:50 | |
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The country, which made bitcoin a legal tender in April, wants to pave way for greater crypto adoption.
2023-1-24 14:04 | |
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The bill will make it easier to bring products to market without being subjected to “burdensome regulation.” Rep. McHenry penned a letter to Treasury secretary Janet Yellen last week, seekiThe post Incoming House Financial Services Committee chair reintroduces bill on crypto appeared first on AMBCrypto.
2022-12-20 19:00 | |
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North Carolina’s Representative Patrick McHenry, an incoming chair of the House Financial Services Committee, has reintroduced a crypto bill. The reinstatement of the Financial Services Innovation Act McHenry, who had pushed the Financial Services Innovation Act in 2016 and 2019,…
2022-12-20 11:11 | |
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Anticipation for a crypto bill out of the House Financial Services Committee ran so high this year that stablecoin issuers have been trying to meet the bill’s expected standards before the rules are even set.
2022-12-6 16:27 | |
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Rustin Benham, the Chairman of the U.S. Commodities Futures Trading Commission (CFTC), recently testified before the United States Senate Committee on Agriculture, Nutrition, and Forestry. The tesThe post CFTC Chair recommends pausing and reinforcing DCCPA bill following FTX turmoil appeared first on AMBCrypto.
2022-12-3 21:00 | |
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The ranking member of the House Financial Services Committee praised the bipartisanship behind the coming bill, but says there are “complex conversations” ahead.
2022-10-14 00:00 | |
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The committee meeting was Johnson’s first as committee sponsor; she chose to concentrate on digital assets and the Digital Commodities Consumer Protection Act in her opening remarks.
2022-9-29 00:10 | |
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The House of Representatives Financial Services Committee has proposed a bill that would put a two-year ban on algorithmic stablecoins such as TerraUSD Classic (USTC), which collapsed dramatically — making the entire ordeal one of the single-biggest capital destructive events in the history of crypto.
2022-9-22 17:40 | |
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The crypto spokespeople testified before the Senate Agriculture Committee on Thursday with analyses of the bill’s strengths and recommendations for its weaknesses.
2022-9-16 23:59 | |
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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 | |
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Leaders of the Senate Agriculture Committee introduced a bill on August 3 to make the Commodity Futures Trading Commission (CFTC) the chief regulator of digital assets that are commodities. The post US Senate introduces bill to put CFTC in charge of regulating Bitcoin, Ethereum appeared first on CryptoSlate.
2022-8-3 20:00 | |
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The bill from the Senate Agriculture Committee would place much of the crypto world under CFTC oversight. Bipartisan Bill Pushes for CFTC Oversight A new crypto bill is hitting the...
2022-8-3 18:55 | |
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The United States Treasury reported that stablecoin adoption and crypto volatility could increase T-Bill demand as digital asset growth continues. The U.S. Treasury acknowledged a boom in blockchain use and cryptocurrency investment in its Fiscal Year 2024 Q4 report. Stablecoins,…
Decentralized finance defenders argued against imposing stringent anti-innovation rules on the fledgling digital asset industry. At a U.S. House Finance Services Committee hearing titled “Decoding DeFi: Breaking Down the Future of Decentralized Finance,” a roster of DeFi proponents testified to…
The U.S. House will vote on a resolution to overturn President Joe Biden’s veto on a bill that had struck down the Securities and Exchange Commission (SEC)’s Staff Accounting Bulletin 121, or SAB 121. Biden vetoed the legislation after the…
Lawmakers discussed the Consumer Financial Protection Bureau's proposal to potentially bring payment applications, including those involving crypto, under its oversight.
Chairman of the Commodity Futures Trading Commission Rostin Behnam again asks the U.S. Congress to take active action in crypto regulation.
A recent report by Raw Story sheds light on a Republican congressman who allegedly violated a federal financial disclosure law by failing to report two crypto purchases within the required timeframe.
Since Oct. 3, when lawmakers removed then-Speaker of the House of Representatives Kevin McCarthy, no legislation has made significant progress through the United States Congress.