2023-7-27 13:39 |
New bill aimed at setting clearer regulations for ever-growing cryptocurrency industry has gained approval from US House Financial Services Committee
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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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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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In a significant move for the digital asset ecosystem, the House Financial Services Committee passed the ‘FIT for the 21st Century Act,’ officially titled the “Financial Innovation and Technology for the 21st Century Act” on July 26.
2023-7-27 12:53 | |
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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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The House Financial Services Committee advanced a set of crypto bills after a landmark markup on Wednesday.
2023-7-27 03:35 | |
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Andrew Griffith, U. K’s Economic Secretary to the Treasury, has rejected the Parliament Treasury Select Committee’s recommendation to regulate cryptocurrency trading as gambling, according to a response published on July 20.
2023-7-21 19:30 | |
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SEC Chair Gary Gensler discussed the use of a $2. 4 billion budget for tackling misconduct in the crypto market before the Subcommittee on Financial Services and General Government U. S. Senate Appropriations Committee.
2023-7-20 08:19 | |
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Following the Ripple decision, lawmakers from the GOP Financial Services Committee and Congressman French Hill are urging the Securities and Exchange Commission's Chairman Gary Gensler to cooperate more proactively with Congress
2023-7-20 21:53 | |
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Crypto tax laws have taken a positive turn as United States Senate Financial Services Committee Chair Ron Wyden and ranking member Mike Crapo recently published an open letter aimed at soliciting feedback from the digital asset community regarding the taxation of digital assets.
2023-7-12 10:19 | |
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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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In a recent testimony before the House Committee on Financial Services, Federal Reserve Chair Jerome Powell emphasized the importance of a robust federal role in the oversight and regulation of stablecoins.
2023-6-22 16:00 | |
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The U. S. House Financial Services Committee is set to vote on new legislation regulating digital assets, including cryptocurrencies and stablecoins. The proposals are scheduled to be debated in the second week of July.
2023-6-22 04:00 | |
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Federal Reserve Chairman Jerome Powell reiterated the need of robust central-bank oversight in the ongoing development of stablecoin regulations by the House Financial Services Committee.
2023-6-22 00:59 | |
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Powell testified before the House Financial Services Committee today. He discussed a range of topics around digital assets on Wednesday. Bitcoin surpassed the $30,000 level today for the first in two months.
2023-6-22 22:34 | |
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The Federal Reserve chair gave his opinion on draft crypto legislation at the House Financial Services Committee’s semi-annual Fed policy hearing.
2023-6-22 21:15 | |
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In the course of testimony on Wednesday before the House Financial Services Committee, Fed Chair Jerome Powell acknowledged that stablecoins are money. He implicitly praised their role as a hedge in a time of persistent inflation.
2023-6-22 20:16 | |
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Federal Reserve Chairman Jerome Powell argued for the need for strong central-bank oversight in stablecoin regulations being crafted by lawmakers in the House Financial Services Committee.
2023-6-22 18:22 | |
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U. S. House Financial Services Committee Chair Patrick McHenry said he would “closely” watch how the Securities and Exchange Commission (SEC) responds to BlackRock’s application for a spot Bitcoin ETF in a June 16 tweet.
2023-6-16 15:19 | |
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Crypto firm Prometheum’s co-founder and co-CEO Aaron Kaplan testified before the U. S. Financial Services House Committee on June 13 The “full-service market” crypto brokerage gained the spotlight after Kaplan took a pro-SEC stance in his testimony, in stark contrast to the majority of industry leaders.
2023-6-16 20:34 | |
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In a recent development, Republican members of the House Financial Services Committee have called on the U. S. Securities and Exchange Commission (SEC) to withdraw its proposed rule to redefine the term “exchange.
2023-6-15 10:10 | |
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US Rep. Brad Sherman has continued his anti-crypto stance, this time claiming in an interview with CNBC that crypto has “attracted so many charlatans and certainly needs regulation. ” The US House Financial Services Committee member made the remarks during an appearance on the ‘The Exchange’ show ahead of the Fed rate announcement.
2023-6-15 00:01 | |
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Republicans on the House Financial Services Committee told the SEC on June 12 to rescind proposed rulemaking concerning crypto exchanges. Republicans oppose broadened definition Specifically, the lawmakers expressed concern with a proposed amendment from the U.
2023-6-14 23:45 | |
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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 is set to testify before the US House Financial Services Committee today, urging lawmakers to prioritize the primacy of the US dollar and pass essential stablecoin legislation.
2023-6-13 14:12 | |
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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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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 United States House of Representatives Financial Services Committee has set the date for the hearing on cryptocurrency, aiming to address its future and bring clarity to the digital assets ecosystem.
2023-6-7 16:30 | |
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The U.S. House of Representatives committee did not disclose all the topics for discussion, but the community expects the hearing to address critical issues in the space.
2023-6-7 10:34 | |
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Aisha Ghaus Pasha, the minister of state for finance and revenue, declared that Pakistan would outlaw cryptocurrency services operating in the country and reaffirmed that the government has no plans to legalize cryptocurrency trading during a meeting of the Senate Standing Committee on Finance and Revenue on May 16.
2023-5-19 23:06 | |
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U.S. lawmakers aren’t yet able to reach across the chasm between Republicans and Democrats’ very different ideas for how to oversee stablecoins, despite notes of hope from both sides evident in a Thursday hearing of the House Financial Services Committee’s digital assets panel.
2023-5-19 19:45 | |
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In a May 9, 2023 letter to the United States House Appropriations Committee, the U. S. House Financial Services Committee Chairman Patrick McHenry outlined the Committee Republicans’ priorities for fiscal year (FY) 2024 appropriations.
2023-5-15 15:37 | |
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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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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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The U.S. House Committee on Financial Services issued a May 19 ultimatum to the Securities and Exchange Commission (SEC) chair Gary Gensler to respond to its inquiries. In a May 9 letter, the lawmakers demanded that the SEC deliver the requested internal non-public documents of its activities, including its charges against bankrupt FTX founder Sam Bankman-Fried, crypto […] The post US house financial committee gives SEC Chair Gensler ultimatum to respond to inquiries appeared first on CryptoSlate.
2023-5-12 20:31 | |
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Over the past several weeks, Congress – particularly the House Financial Services Committee – has held a number of hearings on crypto and its role in the world. Even a hearing supposedly focused on overseeing the U.
2023-5-10 01:33 | |
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Senator Elizabeth Warren testified before the Senate Armed Services Committee on May 4, where she emphasized crypto’s use in crime and sanctions evasion. Russia, North Korea’s crypto use in 2022 During her testimony, Warren said: “Cryptocurrency is now the method of choice for countries to evade sanctions so that they can fund weapons programs support […] The post Elizabeth Warren calls crypto ‘method of choice’ for sanction evasion appeared first on CryptoSlate.
2023-5-6 23:14 | |
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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 US House Financial Services Committee's Republican members are seeking transparency concerning the debanking of various cryptocurrency businesses.
2023-4-27 14:01 | |
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Last week’s testimony by SEC Chair Gary Gensler before the House Financial Services Committee showed that the political divide towards crypto has never been clearer. Noelle Acheson dives into why this matters now.
2023-4-26 18:04 | |
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The Bank of England and the US House Financial Services Committee are considering new rules and regulations for stablecoins. Stablecoins offer the possibility of greater efficiency and functionality in payments, but currently sit outside a regulated framework.
2023-4-26 03:01 | |
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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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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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Here are the key issues as the House Financial Services Committee hears testimony about stablecoin regulation.
2023-4-19 17:29 | |
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