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Republican lawmakers object to Fed’s proposed crypto, stablecoin rules
Three U.S. representatives expressed concerns on Aug. 28 regarding stablecoin and crypto rules recently put forward by the Federal Reserve. Today’s objection was signed by three U.S. representatives: Patrick McHenry, Chairman of the House Financial Services Committee; French Hill, Chairman of the Committee on Financial Services Subcommittee on Digital Assets; and Bill Huizenga, Chairman of […] The post Republican lawmakers object to Fed’s proposed crypto, stablecoin rules appeared first on CryptoSlate. дальше »
2023-8-29 22:50 | |
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Rep. Patrick McHenry calls proposed crypto tax rules an ‘attack on the digital asset ecosystem’
Patrick McHenry, Chairman of the House Financial Services Committee, commented on newly proposed crypto taxation rules on Aug. 25. The IRS, along with the U. S. Treasury, proposed those taxation rules earlier in the day. дальше »
2023-8-26 22:20 | |
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IRS releases draft of proposed reporting rules for digital asset brokers
House Financial Service Committee Chair Patrick McHenry said the rules are part of “the Biden Administration’s ongoing attack on the digital asset ecosystem.” дальше »
2023-8-26 19:40 | |
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Republican members of Congress demand information on Prometheum approval from FINRA, SEC
Financial Services Republicans, led by Chairman Patrick McHenry (NC-10), are inquiring with regulatory agencies regarding the recent approval of Prometheum Ember Capital LLC as a distinct broker-dealer for digital assets. дальше »
2023-8-16 00:20 | |
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PayPal’s PYUSD Launch Triggers Calls For Stablecoin Bill
United States Republican Patrick T. McHenry, Chair of the House Financial Services Committee, has released a statement calling for the need to pass the Stablecoin Bill in the wake of PayPal’s launch of its own stablecoin PYUSD. дальше »
2023-8-8 13:30 | |
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US official calls for stablecoin law amid PayPal’s PYUSD launch
Representative Patrick McHenry, the US House Financial Services Committee chair, endorsed PayPal’s stablecoin, PYUSD, as a key pillar for modern payments. The endorsement was given on Aug. 7, shortly after PayPal announced the stablecoin launch in partnership with Paxos. In… дальше »
2023-8-8 12:54 | |
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House Financial Services Committee chair renews call for stablecoin legislation after PayPal’s PYUSD announcement
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. дальше »
2023-8-8 04:00 | |
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U.S. Stablecoin Bill Takes Big Step Despite Fight From Democrats, White House
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. дальше »
2023-7-28 05:00 | |
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Ripple ruling and crypto ETFs ‘drove a lot of urgency’ among lawmakers, reportedly says Coinbase CEO
Coinbase CEO Brian Armstrong reportedly said Representatives Maxine Waters and Patrick McHenry were both considering a legislative path forward on regulating digital assets. дальше »
2023-7-25 19:57 | |
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Patrick Mahomes Launches Museum of Mahomes NFT Platform
Kansas City Chiefs quarterback Patrick Mahomes launches Museum of Mahomes NFT platform, offering digital collectibles and real-world perks. The post Patrick Mahomes Launches Museum of Mahomes NFT Platform appeared first on NFT News Today. дальше »
2023-7-18 06:42 | |
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Binance Defies FUD With $2B Inflows In 24 Hours Amid Senior Execs Departure Controversy
Binance has managed to defy fear, uncertainty, and doubt (FUD) over the past 24 hours amidst growing regulatory scrutiny and the recent departure of several top executives. This follows a Thursday report by Fortune that the exchange’s General Counsel Han Ng, Chief Strategy Officer Patrick Hillmann, and Senior Vice President for Compliance Steven Christie had […] дальше »
2023-7-8 21:22 | |
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Changpeng Zhao Calls News Around Exec Departures 'FUD'
Binance General Counsel Han Ng, Chief Strategy Officer Patrick Hillmann, and Senior Vice President for Compliance Steven Christie are among those that left the company, reportedly over its handling of DOJ investigations. дальше »
2023-7-7 06:28 | |
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Binance CEO 'CZ' Brushes Off News of Top Executive Departures
Binance General Counsel Han Ng, Chief Strategy Officer Patrick Hillmann, and Senior Vice President for Compliance Steven Christie are among those that left the company, reportedly over its handling of DOJ investigations. дальше »
2023-7-7 06:28 | |
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CZ denies rumors senior Binance executives resigning due to ongoing regulatory challenges
Fortune reported on July 6 that multiple senior Binance executives had left the company following regulatory developments. General counsel Han Ng, chief strategy officer Patrick Hillmann, and SVP for Compliance Steven Christie are among those who have decided to exit the firm. дальше »
2023-7-7 02:00 | |
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Multiple senior executives at Binance resign amid ongoing regulatory challenges
Multiple senior Binance executives have left the company following regulatory developments, Fortune reported on July 6. General counsel Han Ng, chief strategy officer Patrick Hillmann, and SVP for compliance Steven Christie are among those who have decided to exit the firm. дальше »
2023-7-7 02:00 | |
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Analyst Downgrades Coinbase, Sees Exchange’s Market Price Dropping 25% – Details
Forecasting how much income Coinbase Global would generate has become nearly impossible because to the uncertainties surrounding the company, an expert claimed. According to reports, Piper Sandler analyst Patrick Moley has downgraded Coinbase because of its ongoing legal dispute with the US Securities and Exchange Commission and the continued vagueness around US regulation of cryptocurrencies. The Piper […] дальше »
2023-7-6 08:52 | |
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Coinbase stock could sink all the way back to $60 – analyst says
Piper Sandler downgraded Coinbase Global Inc on Wednesday. Analyst Patrick Moley cited regulatory uncertainty for dovish view. Coinbase stock has gained close to 60% over the past thirty days. Coinbase Global Inc has been an absolute delight for shareholders over the past thirty days but a sharp downturn is likely moving forward, as per a […] The post Coinbase stock could sink all the way back to $60 – analyst says appeared first on CoinJournal. дальше »
2023-7-6 20:51 | |
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Coinbase downgraded by analysts amidst regulatory wrangles
Piper Sandler analyst Patrick Moley has downgraded Coinbase due to its ongoing legal tussle with the Securities and Exchange Commission (SEC) and the continuing ambiguity over cryptocurrency regulation in the U. дальше »
2023-7-5 17:00 | |
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Europe Dominates Global Crypto Employment Landscape, Here’s Why
Patrick Hansen, Director of Strategy and Policy for Circle Internet Financial’s European operations, has underlined Europe’s predilection for embracing the crypto. The Circle executive explained that with an environment that’s not just “tolerant” but “proactive” in adopting digital currencies, Europe might hold the key to improving its “declining” economy. дальше »
2023-7-4 23:30 | |
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Patrick Hughes – Set To Launch New Mind Boggling NFTs On ElmonX
The first of Patrick Hughes newest works are launching on Sunday, 25th June at 9AM PT, only on ElmonX. London, United Kingdom, June 24, 2023, Patrick Hughes, proclaimed as the King of Reverspective, is set to launch another stunning one-of-a-kind set of NFTs on ElmonX. дальше »
2023-6-24 12:18 | |
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Congressman Patrick McHenry is Determined to End the US War on Crypto
In the crossfire of US crypto regulation, Congressman Patrick McHenry emerges as a determined advocate, leading crucial efforts to redefine the country's digital asset laws. The post Congressman Patrick McHenry is Determined to End the US War on Crypto appeared first on BeInCrypto. дальше »
2023-6-22 22:00 | |
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SEC under congressional scrutiny as BlackRock’s spot Bitcoin ETF application moves forward
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. дальше »
2023-6-16 15:19 | |
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House Bill Shows Challenge of Regulating Crypto Without Giving TradFi a Free Pass
House Republicans Patrick McHenry and GT Thompson face a central problem drafting their crypto bill: Removing SEC discretion over whether a crypto token is a security allows issuers of traditional stocks and bonds the opportunity to arbitrage regulation, writes Todd Phillips. дальше »
2023-6-14 17:20 | |
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US House introduces draft of legislation for stablecoins
The United States House Financial Services Committee, led by Representative Patrick McHenry, has unveiled the third draft of the stablecoin bill. дальше »
2023-6-10 19:03 | |
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Crypto Jurisdiction: House Republicans Step In To Settle CFTC-SEC Turf War
Crypto regulation took center stage as Republican lawmakers released a draft bill on Friday. Spearheaded by influential Republican members, Reps. Patrick McHenry and Glenn Thompson, the bill outlines their proposed framework for regulating digital assets. дальше »
2023-6-5 11:45 | |
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Binance Refutes Reuters’ Claims of Commingling: “Story is so weak”
Binance, the world’s largest cryptocurrency exchange by trading volume, is staunchly denying allegations made by Reuters that it commingled customer funds with its own revenue in 2020 and 2021. Patrick... дальше »
2023-5-24 23:02 | |
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Binance Blasts 'Desperate' Reuters Report It Commingled Customer and Company Funds
"We’ve addressed this on multiple occasions. We keep our user and corporate funds on completely separate ledgers," Patrick Hillmann, Binance's chief communications officer tweeted on Tuesday. дальше »
2023-5-24 19:05 | |
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Congress House Committees Deliberate On Innovation And Regulation Of Digital Assets In The U.S.
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. дальше »
2023-5-15 15:37 | |
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Coinbase sets up advisory council including US lawmakers, private strategists
Coinbase said May 12 that it established a Global Advisory Council intended to help it navigate the regulatory landscape. The council will include Senator Patrick Toomey (R-PA), a lawmaker known for advancing pro-crypto regulation and criticizing SEC chair Gary Gensler. дальше »
2023-5-13 23:31 | |
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Binance is turning to the United Kingdom for regulatory oversight as the United States intensifies its crackdown on the crypto industry.
Amidst a challenging business environment in the United States due to increased regulatory actions against cryptocurrencies, Binance, the popular crypto exchange, is now seeking regulation in the United Kingdom, according to the company’s Chief Strategy Officer, Patrick Hillmann. дальше »
2023-5-12 18:39 | |
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VC investments in European projects rise in Q1 2023
Venture capital investment into European crypto projects increased almost ten times in the past year, going from 5.9% in the first quarter of 2022 to 47.6% in Q1 of 2023. Circle Director of Research and Policy Patrick Hansen noted that this increase resulted from the region’s regulatory clarity following the European Union passage of the […] The post VC investments in European projects rise in Q1 2023 appeared first on CryptoSlate. дальше »
2023-5-11 13:45 | |
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Binance chief strategy officer criticizes US crypto rules; exchange wants to be regulated in UK
Binance’s Chief Strategy Officer Patrick Hillman criticized the United States’ regulatory landscape during a live event on May 10. Hillman says U. S. is in a “weird place” Hillman said during the Financial Times’ Crypto and Digital Assets Summit that regulations have made it difficult for Binance to work in the U. дальше »
2023-5-11 23:14 | |
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According to McHenry, the U.S. House is expected to introduce a crypto bill within the next two months.
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. дальше »
2023-4-29 17:27 | |
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Rep. McHenry announces hearings to address market structure around crypto
Representative Patrick McHenry suggested the hearings will look to add to the regulatory efforts being done on the bipartisan bill led by Senators Cynthia Lummis and Kirsten Gillibrand. дальше »
2023-4-30 05:05 | |
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Congressman McHenry announces joint hearings to address market structure around digital assets
Patrick McHenry suggested that the hearings will look to add to the regulatory efforts being done on the bipartisan bill led by Senator Cynthia Lummis and Senator Kirsten Gillibrand. дальше »
2023-4-29 05:05 | |
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U.S. House Will Have Crypto Bill in 2 Months: Rep. McHenry
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. дальше »
2023-5-1 01:32 | |
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U.S. House Will Have Crypto Bill in 2 Months: McHenry
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. дальше »
2023-4-29 01:32 | |
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Congressmen raise concerns over prudential regulators’ effort to ‘de-bank’ crypto industry
U. S. Congressmen French Hill, Patrick McHenry and Bill Huizenga sent the Federal Deposit and Insurance Commission (FDIC) a joint letter on April 25 requesting information about regulatory efforts to deny banking services to the crypto industry. дальше »
2023-4-28 21:32 | |
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Spreading misinformation about Changpeng Zhao 'was the norm' for SBF, says Binance CSO
Binance chief strategy officer Patrick Hillmann claimed former FTX CEO Sam Bankman-Fried was “constantly” using his platform to disparage CZ without considering the FTX Token sale. дальше »
2023-4-23 19:25 | |
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Is ETH a security? SEC Chair Gensler's skeptical state could be the answer...
Congressman Patrick McHenry questioned SEC Chairman about the nature of Ethereum McHenry also asserted that there was a lack of clarity surrounding cryptocurrencies in the market Ethereum The post Is ETH a security? SEC Chair Gensler's skeptical state could be the answer... appeared first on AMBCrypto. дальше »
2023-4-19 02:00 | |
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