2022-12-9 15:20 |
The chair of the House Financial Services Committee, Maxine Waters, said SBF's attendance was "imperative." origin »
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The cryptocurrency industry in the U.S is reeling under intense regulatory scrutiny and uncertainty. Market participants have been waiting with bated breaths for financial authorities to release a regThe post FTX releases regulation proposals' list, as Financial Committee meeting draws near appeared first on AMBCrypto.
2021-12-5 01:30 | |
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Key executives are set to be in the hot-seat when Congresswoman Maxine Waters (D-CA) Chairman of the House Committee on Financial Services chairs a hearing entitled: Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States.
2021-12-4 18:10 | |
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Several top executives of cryptocurrency-related companies are expected to testify before the House Financial Services Committee on December 8. The post Top Crypto Execs to Testify Before House Committee Regarding Crypto Financial Innovation appeared first on BeInCrypto.
2021-12-2 16:24 | |
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The hearing, "Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States," is the latest from Congress to explore the issues concerning crypto assets.
2021-12-2 23:02 | |
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The Accredited Standards Committee X9 Inc. (X9) has published a new standard, “Financial and Personal Data Protection and Breach Notification.” X9.141 is a two-part document...
2021-11-19 15:07 | |
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Elvira Nabiullina, the Governor of the Bank of Russia, has disclosed that the central bank will only embrace a digital version of the ruble if it meets several conditions within pilot tests. Nabiullina spoke on this matter before the State Duma Committee on Financial Markets on November 15.
2021-11-19 18:58 | |
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The widespread crypto-economy has led a Senate committee on the Australia as a Technology and Financial Center [ATFC], to present its final report in Parliament to regulate the global digital economy.
2021-10-21 03:30 | |
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The Select Committee on Australia as a Technology and Financial Centre, the panel in charge of reviewing the use of digital assets in Australia, believes the country needs a robust policy and regulatory framework to foster crypto adoption.
2021-10-22 22:40 | |
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The Financial Policy Committee of the Bank of England has today published a report on the financial stability in the U. K. , a report that also contains the position of the committee on crypto assets.
2021-10-8 18:00 | |
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The head of the Duma committee on the financial market stated the need to limit investments of unqualified investors in crypto assets in order to protect their interests.
2021-10-9 20:40 | |
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Speaking before the House Financial Services Committee, US Federal Reserve Chairman Jerome Powell, stated that the authority has no objective to ban cryptocurrencies. According to Powell, who responded to his earlier comments that cryptocurrencies could be replaced by a central bank digital currency (CBDC), the crypto market should be regulated in accordance with existing laws.
2021-10-3 20:07 | |
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Bitcoin holders have until the end of 2021 to reduce their tax obligations by selling assets at a loss and buying them back. The Ways and Means Committee is deliberating on closing this loophole and it could have grave financial repercussions for cryptocurrency traders.
2021-10-3 19:28 | |
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Patrick McHenry, the top Republican on the House Financial Services Committee and the top Republican on the House Agriculture Committee, Glenn Thompson wrote a letter to SEC and CFTC. The letter urged the Securities and Exchange Commission and Commodity Futures Trading Commission to create a joint working group on Digital Assets. A Way Around AdoptingRead More
2021-8-18 10:30 | |
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The US Senate discussed the risks cryptocurrencies pose to financial stability and called for tighter regulation of the crypto industry.
2021-8-5 17:40 | |
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Blockchain Australia, a leading crypto advocacy group, has written to the Australian government stating three key recommendations that it believes would expand the growing blockchain industry. Safe Harbor for Crypto-Asset Providers The crypto organization submitted its recommendation to the country’s Senate Select Committee on Australia as a Technology and Financial Centre on Friday, July 23,Read More
2021-7-26 21:00 | |
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Cryptocurrencies were once again the focus of the hearing of a subcommittee of the House Financial Services Committee on June 30. Right from the get-go, Congress was pretty clear on their bais with the hearing titled “America on ‘FIRE': Will the Crypto Frenzy Lead to Financial Independence and Early Retirement or Financial Ruin?” Instead of […] The post “America on FIRE”: Congressional Crypto Hearing Focused on the Market Frenzy first appeared on BitcoinExchangeGuide.
2021-7-2 20:54 | |
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Bitcoin miners were dealt a blow in May as the Financial Stability and Development Committee of the State Council of China announced further controls on financial risk. The post Could Paraguay emerge as a Bitcoin mining hub after China crackdown? appeared first on CryptoSlate.
2021-6-22 07:00 | |
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Earlier this week, Congresswoman Maxine Waters announced that Congress had formed a new working group that would focus on cryptocurrency and fintech policy. Called the Blockchain Caucus or Fintech Task Force, the House Democrat group will feature 12 members of the House Financial Services Committee.
2021-6-20 05:05 | |
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The House Republicans’ campaign arm said on Thursday that it will be accepting cryptocurrencies using the payment processor Bitpay. The National Republican Congressional Committee (NRCC) is a lobbyist organization aimed at supporting the election of Republicans to Congress, via direct financial contributions to candidates and the Republican Party.
2021-6-18 18:30 | |
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Lawmakers in the United States are looking into developing regulatory frameworks for cryptocurrencies like Bitcoin and Ethereum. The US Rep and chairwoman of the House Financial Services, Maxine Waters, revealed her intentions to create a working group with Democratic House members to tackle growing concerns on cryptocurrencies Waters Pushes for More Crypto Oversight Waters made […] The post US Lawmakers To Form Committee To Address Regulatory Concerns Around Crypto first appeared on BitcoinExchangeGuide.
2021-6-17 19:46 | |
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The financial situation for Banks that have their eye on crypto may have just taken a sharp turn, as the Swiss financial committee says banks should set aside money to protect investors from losses incurred in cryptocurrency holdings.
2021-6-11 01:00 | |
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Basel regulators said today that banks face the “most risk” from Bitcoin and other cryptocurrencies as they are tools for money laundering and a threat to the broader financial market. The post Swiss committee proposes banks hold a dollar for every dollar in Bitcoin exposure appeared first on CryptoSlate.
2021-6-10 13:56 | |
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The Bank of Korea (BoK) has come out to warn that the increasing cases of leveraged crypto trading by South Korean citizens pose a significant threat to the country’s financial system. A report unveiled this news on May 27, citing remarks from BoK’s governor, Lee Ju-yeol, who spoke after a monetary policy committee meeting yesterday.
2021-5-28 18:31 | |
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Bank of England Governor Andrew Bailey continues to share his concerns about digital currencies. This time, he is warning about the danger of “getting carried away” with financial innovation. “I don’t want to be seen as a Luddite,” Bailey said on Monday in response to questions in the Treasury Committee in Parliament.
2021-5-26 18:10 | |
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According to a new announcement by the Chinese government, the country is looking to crack down on cryptocurrency mining. The Thursday statement, penned by the State Council’s Financial Stability and Development Committee chaired by Vice-Premier Liu He, comes just three days after regulators banned any financial institutions from doing any business related to cryptocurrencies.
2021-6-8 17:44 | |
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The Chinese government has doubled down on its anti-cryptocurrency regulations. Recent reports reveal that government officials called for a crackdown on bitcoin trading and mining activities. Another China FUD? In a meeting held on Friday (May 21, 2021), the Financial Stability and Development Committee of the State Council, headed by Liu He, vice Premier ofRead More
2021-5-22 01:00 | |
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A recent report from the Chinese government’s financial committee has reiterated the country’s stance on bitcoin mining and that it would continue to monitor the sector closely. The report follows a recent article from Reuters published three days ago, which also reiterates China’s older warnings against the crypto industry.
2021-5-22 21:00 | |
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The parliamentary inquiry will consider crypto regulation in an effort to strengthen the local fintech sector, while encouraging financial innovation. The post Australian Senate Committee Exploring Crypto Regulation appeared first on BeInCrypto.
2021-5-19 23:10 | |
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The United States House of Representatives has passed a bill that aims to provide regulatory clarity to Bitcoin. The bill called “The Eliminate Barriers to Innovation Act of 2021” was first introduced to the Financial Services Committee in March by ranking Member Patrick McHenry (R-NC).
2021-4-22 20:32 | |
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Brian Brooks has defended the fintech charter he oversaw while heading the OCC, warning heavy-handed crypto regulations could undermine U.S. competitiveness globally.
2021-4-17 08:06 | |
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U.S. lawmakers will discuss whether or not terrorists use cryptocurrencies and decentralized systems to fund attacks on Thursday. Crypto in Terrorism Funding The House Financial Services Committee subcommittee on National Security, International Development and Monetary Policy revealed further details concerning its hearing on domestic terrorism funding late Wednesday, together with witness testimony. While cryptocurrencies aren’tRead More
2021-2-26 22:00 | |
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Some Republican members of the House Financial Services Committee want to look into Reddit’s ties to Chinese tech conglomerate Tencent and Robinhood rival Moomoo.
2021-2-18 03:00 | |
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The U.S. House Committee on Financial Services hearing will investigate issues around the recent trading surge for shares of GameStop and other companies.
2021-2-15 15:39 | |
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Wyoming’s Cynthia Lummis – the first U.S. senator to publicly hold bitcoin – has been appointed to the key financial regulatory committee.
2021-2-6 17:00 | |
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After a hedge fund meltdown over the GameStop (GME) short squeeze that spurred a conflict of interest, Robinhood CEO Vlad Tenev may be receiving some democracy of his own. On Feb 18, Tenev will testify about Robinhood’s involvement in the GameStop saga in front of Maxine Waters and the House Financial Services Committee (HFSC).
2021-2-2 16:47 | |
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Talk of a US central bank digital currency (CBDC) dominated proceedings, as the US Senate Committee on Banking, Housing, and Urban Affairs conducted a virtual meeting yesterday. The near two-hour-long hearing titled “The Digitization of Money and Payments” discussed competing with China’s CBDC offering, financial inclusion, and modernizing the current US economic model. Taking the […]
2020-7-1 15:13 | |
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Jerome Powell, the U.S Fed Reserve Chairman, has said that private entities should not be part of the creation process of a digital dollar. Appearing before the House Financial Services Committee on June 17, the Fed Chair highlighted that monetary policy functions should be left to the central banks regardless of the operating ecosystems. On […]
2020-6-18 19:14 | |
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A local publication reported that South Korea’s Ministry of Strategy and Finance aims to introduce taxes for digital assets, with the rate expected to reach 20 percent. The announcement was made during the Financial Parliamentary committee meeting chaired by Minister Hong Nam-Ki on 17th July.
2020-6-18 22:22 | |
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“The Standard for Blockchain-Based Digital Asset Identification” is now part of the IEEE blockchain standards. Recently, the Standard for Blockchain-based Digital Asset Identification, submitted by aelf, was approved by the IEEE SA Standards Board New Standards Committee (NesCom).
2020-6-18 13:01 | |
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On June 11, 2020, the United States Congress Financial Services Committee held a remote hearing about the creation of a “digital dollar. ” A number of well known individuals participated including the former Chairman of the U.
2020-6-13 22:30 | |
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The “digital dollar” concept will take the spotlight Thursday as House Financial Services Committee members discuss how best to issue stimulus funds.
2020-6-11 02:20 | |
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The House Financial Services Committee’s Task Force on Financial Technology is scheduled to hold a meeting on Thursday, June 9, 2020, to brainstorm and come up with the best way to deliver stimulus money during times of pandemic like the COVID-19 and other emergency scenarios.
2020-6-11 23:00 | |
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The bill was first introduced to Albania's Committee of Economy back in 2019 in a bid to create legislation around crypto activities. Dubbed the ‘law on Financial Markets Based on the Technology of Distributed Ledgers', it was approved yesterday with a majority of 88 votes against 16 with only 3 in absentia. The New Albania […]
2020-5-23 18:54 | |
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According to a report by Wyoming Tribune Eagle published on May 17, 2020, Rep. Jared Olsen, R-Cheyenne, and Senate Minority Leader Chris Rothfuss, D-Laramie, have announced the formation of Wyoming’s new permanent Select Committee on Blockchain and Financial Technology.
2020-5-19 23:00 | |
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The Financial Technology Committee of the People’s Bank of China, the country’s national bank, held a meeting this week exploring blockchain technology and making decisions for its regulation within the country.
2020-5-15 19:00 | |
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China is bringing together its tech giants to create a national blockchain committee with the primary goal of setting standards for the adoption of blockchain in the country. The national committee will include a few big names in China’s tech sector including Huawei Technologies, Tencent Holdings, Baidu, Ant Financial Services, and JD.
2020-4-18 16:10 | |
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The chairman of the Russian State Duma Committee on Financial Markets has confirmed that the bill which provides the regulatory framework for cryptocurrencies in Russia has been completed. The official explained key features of the bill, including how cryptocurrency exchanges and miners will be regulated.
2020-4-5 09:45 | |
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The latest version of a U.S. House bill to stimulate the economy during the coronavirus pandemic no longer includes any language around a digital dollar, though a Financial Services Committee bill still does.
2020-3-25 17:15 | |
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Chairwoman Maxine Waters just released the March schedule for the US House Financial Services Committee with one interesting addition on March 24th. The Subcommittee on National Security, International Development, and Monetary Policy will meet to discuss digital currencies in a hearing called “A Review of Domestic and International Approaches to Digital Currencies.” It will start […]
2020-2-28 21:40 | |
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During a recent Senate Finance Committee hearing, Steve Mnuchin the U. S. Treasury Secretary called on the FinCEN, a U. S financial regulatory authority, to put in place new cryptocurrencies regulations and guidelines in a bid to reduce the money laundering, illicit trades and activities that cryptocurrencies purportedly enhance.
2020-2-13 21:39 | |
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The Labour government said the bill will give owners of bitcoin and other digital assets greater legal protection.
U.K. Prime Minister Keir Starmer appointed Tulip Siddiq as the City Minister, a role that oversees financial services including crypto.
Taiwan's crypto advocacy body, the Taiwan Virtual Asset Service Provider Association, has been formally established and the founding meeting held with 24 cryptocurrency-related entities.
The exchange could return as a FIU-registered firm after paying the fine, the report added.
This is the third test for the Province's new tool to combat money laundering.
The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.
India's most controversial crypto tax, the 1% TDS levy deducted at source, should be lowered to 0.01%, according to the findings of a new study.