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Incoming House Financial Services Committee chair reintroduces bill on crypto
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. дальше »
2022-12-20 19:00 | |
Incoming House Financial Services Committee chair reintroduces crypto bill
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,… дальше »
2022-12-20 11:11 | |
UK Financial Regulator Seeks Comments on Ad Approval Process for Crypto
Only companies with Financial Conduct Authority permission will be allowed to approve promotional material, and crypto firms will be hit once the Financial Services and Markets Bill becomes law. дальше »
2022-12-7 15:46 | |
The Members of Congress Who Have Stablecoin Issuers Watching Their Next Moves
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. дальше »
2022-12-6 16:27 | |
Brazil’s Congress Passes Bill Legalizing Bitcoin, Ether Payments
Brazil’s lower house of Congress has finally passed the long-awaited crypto bill legalizing crypto payments in the country and enabling banks to start offering services in the sector. дальше »2022-12-2 01:12 | |
South Korean lawmakers seek tough punishments for crypto fraud
The National Assembly of South Korea is collaborating with the country’s Financial Services Commission on a bill that seeks to introduce greater oversight of crypto firms and introduce tough punishmThe post South Korean lawmakers seek tough punishments for crypto fraud appeared first on AMBCrypto. дальше »
2022-11-2 20:00 | |
UK Lawmakers Favor Regulating Crypto As Financial Instrument
Following the appointment of the new prime minister in the UK, who is a pro-crypto-enthusiast, the lower parliament house of the state assembly votes in favour of regulating virtual assets as per the Financial Services and Markets Bill. дальше »
2022-10-27 07:27 | |
Crypto Assets Could Become Regulated Financial Instruments in the U.K.
A new amendment to the Financial Services and Markets Bill could regulate crypto assets like Bitcoin alongside stablecoins. The post Crypto Assets Could Become Regulated Financial Instruments in the U.K. appeared first on BeInCrypto. дальше »
2022-10-26 01:47 | |
Палата общин Великобритании проголосовала за криптовалютную поправку
Британские законодатели выступили в поддержку регулирования криптовалют на базе имеющегося законодательства. Сегодня, 25 октября, Палата общин парламента Великобритании проголосовала за криптовалютную поправку в рассматриваемый законопроект Financial Services and Markets Bill. дальше »
2022-10-26 20:42 | |
UK Lawmakers Vote to Recognize Crypto as Regulated Financial Instruments
The lower house of the parliament voted in favor of adding crypto assets to the scope of activities to be regulated via the proposed Financial Services and Markets Bill – which already seeks to extend payments rules to stablecoins. дальше »
2022-10-26 18:31 | |
UK introduces crypto regulation amendment to finance markets bill
The UK government is seeking to provide further clarity on the regulation of cryptocurrencies, per the latest amendment to the Financial Services and Markets bill. According to an amendment note introduced on Friday, 21 October, the UK legislature wants to give regulators more control over crypto ads and ban unregistered crypto service providers. дальше »
2022-10-22 19:58 | |
Rep. McHenry gives progress report on stablecoin legislation, says it’s an ‘ugly baby’
The ranking member of the House Financial Services Committee praised the bipartisanship behind the coming bill, but says there are “complex conversations” ahead. дальше »
2022-10-14 00:00 | |
TerraUSD-Like Stablecoins Would Be Banned For Two Years Under New House Committee Plan
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. дальше »
2022-9-22 17:40 | |
House’s Stablecoin Bill May Face Fatal Delays for 2022 Progress
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. дальше »
2022-9-3 21:38 | |
US stablecoin bill delayed until after congressional recess
The bipartisan bill on stablecoin regulation in the United States has been pushed back by the House Financial Services Committee, according to a statement issued by committee Chairwoman Rep. Maxine Waters (D-CA). дальше »
2022-7-29 19:41 | |
US Stablecoin Bill Delayed by Congressional Committee Until After August
The legislation that could establish U.S. regulations for stablecoins has formally been delayed until after the August congressional break, according to Rep. Maxine Waters (D-Calif.), the chairwoman of the House Financial Services Committee. дальше »
2022-7-28 01:17 | |
Stablecoin Bill Officially Delayed Past August, Committee Chairwoman Says
The legislation that could establish U.S. regulations for stablecoins has formally been delayed until after the August congressional break, according to Rep. Maxine Waters (D-Calif.), the chairwoman of the House Financial Services Committee. дальше »
2022-7-28 01:17 | |
New UK Treasury Minister Proposes New Regulations for Stablecoins
U.K. Chancellor of the Exchequer Nadhim Zahawi laid out plans in the Financial Services and Markets bill to regulate stablecoins. The post New UK Treasury Minister Proposes New Regulations for Stablecoins appeared first on BeInCrypto. дальше »
2022-7-21 00:12 | |
Stablecoin Firms Face Tough Reserve, Capital Demands in US Bill, Source Says
Companies that issue stablecoins would have to face bank-like regulations and back their tokens with conservative assets in the latest plan for U.S. legislation still being negotiated by leaders of the House Financial Services Committee, according to a source familiar with the talks. дальше »
2022-7-21 00:01 | |
Stablecoin Bill Won’t Force All Issuers to Be Banks, Congressman Says
Congress may rebuff U.S. regulators who wanted stablecoins to be the exclusive territory of banks, according to a lawmaker familiar with a legislative effort now in motion. Democrats on the House Financial Services Committee have been working on requirements that may not be as restrictive as the Treasury Department and financial regulators had asked. дальше »
2022-7-18 16:38 | |
Compass Mining denies allegations of $1.2M unpaid electricity bill, CEO, CFO resign
Compass Mining, a hosting company offering managed mining services to Bitcoin (BTC) miners, announced that both its CEO and CFO have resigned. The post Compass Mining denies allegations of $1. дальше »
2022-6-29 18:56 | |
Bitcoin mining company Compass Mining loses facility for not paying electricity bill
Compass Mining is a Bitcoin (BTC) hosting company offering managed mining services to Bitcoin miners. The post Bitcoin mining company Compass Mining loses facility for not paying electricity bill appeared first on CryptoSlate. дальше »
2022-6-28 01:00 | |
Louisiana State Governor Signs off on Crypto Custody Bill
The governor of Louisiana has signed a bill that will permit financial institutions to offer crypto custody services. The post Louisiana State Governor Signs off on Crypto Custody Bill appeared first on BeInCrypto. дальше »
2022-6-23 13:30 | |
Solstin opposes Lummis’ bill; says Bitcoin should be separate from other digital assets
United States Senate candidate Brian Solstin in a Tweet opposed Senator Cynthia Lummis‘ bill aimed at incorporating digital assets into the United States financial system by arguing that Bitcoin should be considered separately from other digital assets, using a report published by the financial services company Fidelity Investments to explain why. дальше »
2022-6-10 20:15 | |
Florida Rep. Donalds introduces Financial Freedom Act companion bill in the House
The Republican congressman is supporting Sen. Tommy Tuberville’s Senate bill and financial services companies that want to include crypto in their 401(k) product offerings. дальше »
2022-5-21 00:25 | |
Mass Adoption - Abra, the Crypto Bank for everyone
Bill Barhydt is the CEO of Abra, a platform that enables crypto banking services for consumers and institutions in over 100 countries. Abra’s mission is to become a crypto bank that replaces the need for legacy banking services. дальше »
2021-8-31 03:00 | |
Congressman Reintroduces Bipartisan Blockchain Regulatory Certainty Act to Redefine Money Transmitters
The redesigned bill aims to provide a “safe harbor” for developers and blockchain services providers in the wake of the infrastructure bill discussion. The post Congressman Reintroduces Bipartisan Blockchain Regulatory Certainty Act to Redefine Money Transmitters first appeared on BitcoinExchangeGuide. дальше »
2021-8-18 16:44 | |
Will U.S. Bitcoin Miners Be Exempted From New Tax Rules If Infrastructure Bill Proposal Goes Through?
A new proposal to amend the U. S. bipartisan infrastructure bill introduced to the Senate on Sunday could exempt cryptocurrency miners, those staking crypto, and users of their services from reporting and paying tax on their cryptocurrencies. дальше »
2021-8-8 14:52 | |
El Salvador’s Bitcoin bill has 5 key benefits, says Bank of America
US financial services player Bank of America, one of the world’s largest banks, has come out in support of El Salvador’s Bitcoin bill in a note to clients last week. The post El Salvador’s Bitcoin bill has 5 key benefits, says Bank of America appeared first on CryptoSlate. дальше »
2021-8-3 04:00 | |
Allied Payment Network to Put BTC on Balance Sheet & Allow Bill Pay In Bitcoin
Allied has partnered with NYDIG to offer Bitcoin services. According to its CEO, providing access to Bitcoin is a “game-changer.” The post Allied Payment Network to Put BTC on Balance Sheet & Allow Bill Pay In Bitcoin first appeared on BitcoinExchangeGuide. дальше »
2021-7-6 19:46 | |
Bitcoin as legal tender – Paraguay follows El Salvador’s lead
South American nation, Paraguay, has proposed a bill that will legally recognize Bitcoin (BTC/USD) as its official currency. The move is coming after El Salvador made a similar proposal, making Bitcoin legally accepted for the payment of goods and services. дальше »
2021-6-27 11:55 | |
Nebraska Signs a new Law to Create Crypto Bank Charter
Nebraska has signed a bill into law that will allow financial institutions in the state to function as digital asset depositories. With the new state banking charter, institutions can offer cryptocurrency-related services to customers. дальше »
2021-5-27 01:00 | |
Nebraska Approves Bill Allowing Banks Offer Crypto Services
The Nebraska state legislature has approved a bill that would allow banks in the state to offer cryptocurrency services to customers. Nebraska's Crypto Banking Charter Bill Nebraska state senators have voted for the bill that would allow banks to register as cryptocurrency depositories and offer crypto trading services to customers. дальше »
2021-5-11 21:14 | |
Former Finance Secretary Urges Indian Government to Encourage Crypto Services, Regulate Cryptocurrencies
Former Finance Secretary Subhash Chandra Garg, who headed the committee that drafted India’s cryptocurrency bill, says that the government should not ban cryptocurrencies but regulate them instead. дальше »
2021-5-10 11:30 | |
Lawmaker Introduces Bill to Prohibit Crypto Mining in NY, Pending Environmental Assessments
Bitcoin’s rallies have brought the crypto industry to the fore of financial services, but it has also presented environmental issues. Bitcoin mining has shot up due to increased demand for the world’s oldest cryptocurrency. дальше »
2021-5-5 21:39 | |
Congress Passes Bill That Would Provide Regulatory Clarity On Cryptocurrencies
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). дальше »
2021-4-22 20:32 | |
New Russian Law Bans Bitcoin Payments for Goods and Services
Russian lawmakers have passed a bill that gives legal status to cryptocurrencies such as bitcoin – but bans them from being used to pay for goods and services. Legislators approved the Digital Financial Assets (DFA) bill on July 22 after its third and final reading. дальше »
2020-7-24 04:30 | |
Russia to ban bitcoin payments from 2021
The Russian parliament adopted a bill on digital financial assets, which contains a clause prohibiting payments for goods and services in cryptocurrencies. However, it is officially allowed to own and buy cryptocurrency and blockchain tokens. дальше »
2020-7-26 00:08 | |
‘Digital Dollar’ Stripped From Latest US Coronavirus Relief Bill
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. дальше »
2020-3-25 17:15 | |
EARN IT: The US Anti-Encryption Bill That Threatens Private Speech Online
There’s a new bill in the works to fight against child sexual abuse material and other risky services on the internet — but it will come at a cost to online privacy. The post EARN IT: The US Anti-Encryption Bill That Threatens Private Speech Online appeared first on Bitcoin Magazine. дальше »
2020-3-20 20:49 | |
Rhode Island Introduces ‘Economic Growth Blockchain Act’
The state of Rhode Island introduced a bill, March 11, to establish an ‘economic growth blockchain act’. The aim of the bill is to create a blockchain-friendly business environment to encourage innovators to develop the next generation of digital products and services in the state. дальше »
2020-3-13 21:30 | |
This Country is Now Open to Global Crypto Exchanges Expanding Locally
With Singapore’s Payment Services Act coming into effect, crypto exchange platforms can now apply for operating licenses in the country. Crypto Exchange Platforms Now Legalized in Singapore Back in September 2019, Singapore’s parliament passed the Payment Services, Bill, into law, creating the Payment Services Act with the new law coming into effect on Tuesday (January 28, 2019). дальше »
2020-1-28 12:31 | |