2023-7-21 02:37 |
The House Agriculture and Financial Services Committees have been working together all year on a bill to rival Lummis and Gillibrand’s RFIA.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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Crypto exchanges would gain a path to registering with the U.S. Securities and Exchange Commission (SEC) and would be able to trade digital securities, commodities and stablecoins all in one place under a proposal from the Republican chairs of the two House of Representatives committees trying to hash out a bill.
2023-6-3 21:00 | |
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The bill amendment demands the Secretary of State submit reports to congressional committees explaining why the State Department made the determination to pay out rewards in cryptocurrency.
2022-9-21 12:38 | |
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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 | |
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| Analogue Notcoin - TapSwap |
Last week, U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) introduced a joint bill addressing how stablecoins could be regulated in the country. It's the latest effort to try and get something done in the U.S. legislative front – but is it enough?
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.
The Law Commission also called for evidence on its project on digital assets and electronic trade documents in private international law.
Despite keen interest from U.S. Senate Democrats such as Elizabeth Warren (D-Mass.) to deal with the illicit movement of funds in crypto, there's no immediate action planned in the committee that would need to get it rolling, according to two sources familiar with the plans.
Republican Rep. French Hill and Democrat Rep. Jim Himes see potential future floor votes for crypto bills being key to convincing the Democrat-controlled Senate to play ball.
Besides being short on crypto specialists, the SEC OIG noted a litany of problems that are already familiar — lack of legislative clarity, lack of interagency coordination, etc.
The new tokens join the ranks of BTC, ETH and LTC for use by the 4,000-plus companies located in the zone, which is considering new legal measures as well.