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Op-ed: As the House readies a crypto bill, what’s heeded to keep the U.S. at the forefront of web3 innovation?
The following is a guest post from Nilmini Rubin, Chief of Staff and Head of Global Policy at Hedera. When I testified on the future of digital assets in front of the House Subcommittee on Commodity Markets, Digital Assets, and Rural Development, the discussion addressed the impactful uses of cryptocurrencies and how the lack of […] The post Op-ed: As the House readies a crypto bill, what’s heeded to keep the U. дальше »
2023-6-22 06:00 | |
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Fed Chair Powell: ‘we do see payment stablecoins as a form of money’
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. дальше »
2023-6-22 22:34 | |
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Digital Assets hearing latest – sufficiently decentralized tokens may still avoid security label
The House Financial Services hearing on “The Future of Digital Assets” contained a wealth of information on the potential future of the digital asset space in the United States. Following the recent SEC lawsuits against Binance and Coinbase, the industry has feared for the future of web3 within the U. дальше »
2023-6-14 23:54 | |
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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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Bitcoin and the Debt Ceiling: How the asset reacts to Washington
The White House and the US House of Representatives have reached a tentative agreement to raise the US government debt ceiling. This article explores the implications for Bitcoin and crypto assets. дальше »
2023-5-30 08:00 | |
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U.S. Hearing Highlights Stablecoin Rift in Competing House Bills
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. дальше »
2023-5-19 19:45 | |
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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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Nexo (NEXO), dYdX (DYDX), and Tradecurve (TCRV): Which one has investors talking?
The current outlook on traditional finance is rather bleak, with numerous major banks collapsing and inflation reaching record levels investors and savers are forever looking at assets which can house their hard earned capital. дальше »
2023-5-11 23:47 | |
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Texas bill could require crypto firms to show they can cover user balances
Texas’ House of Representatives passed a bill requiring crypto companies to prove they have sufficient assets on hand on April 20. The bill, designated HB1666, could require companies to maintain sufficient reserves to cover all user obligations (crypto deposits and balances). дальше »
2023-4-21 01:23 | |
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Innovation in Avatar and Digital Fashion Creation w/Suk Jae Chang of Cocone Europe – eakTV
Watch as Cocone Europe’s CEO, Suk Jae Chang, shares the fascinating journey of their digital fashion house, from its humble beginnings in Japan to an impressive 130 million users in Asia. Discover how their web2 platform has been revolutionizing the virtual fashion world, with users trading and owning digital assets for over a decade. дальше »
2023-4-9 17:30 | |
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CFTC To Use Existing Authority To Protect Markets Till Comprehensive Digital Assets Framework is Finalized
In his testimony, on March 28, 2023, before the Subcommittee on Agriculture, Rural Development, Food and Drug Administration and Related Agencies Committee on Appropriations, at the U.S. House of Representatives, the Commodity Futures Trading Commission (CFTC) Chairman, Rostin Behnam said that the agency’s jurisdiction is limited to its fraud and manipulation enforcement authority as it […] дальше »
2023-4-1 00:32 | |
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SEC Chair Gary Gensler to Appear Before Digital Assets Subcommittee
SEC Chair Gary Gensler will appear before the House digital assets subcommittee on April 18, 2023. The post SEC Chair Gary Gensler to Appear Before Digital Assets Subcommittee appeared first on BeInCrypto. дальше »
2023-3-29 00:41 | |
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House Digital Assets Panel Chair Ready to Work With Ag Committee on Crypto Framework
Representative French Hill (R-Ark.) is the chairman of the newly-formed Financial Services Subcommittee on Digital Assets. дальше »
2023-3-3 21:53 | |
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Crypto Bill Seeks To Protect Financial Freedom, Here’s How
Amid the turmoil that the Securities and Exchange Commission (SEC) and the crypto industry have been involved in over the past few weeks, digital assets may see a step forward in regulatory relief. In particular, new legislation seeks to enhance financial freedom for American customers in the U. дальше »
2023-2-23 03:00 | |
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US House Republicans to Create Crypto Subcommittee for Oversight and Legislation
Coinspeaker US House Republicans to Create Crypto Subcommittee for Oversight and Legislation Representative French Hill (R-Ark), who led Republicans in the effort to test the successful ability of a CBDC, will head the new subcommittee of crypto assets, financial technology, and inclusion. дальше »
2023-1-13 14:14 | |
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UK Lord demands crypto regulation as addition to financial bill
After a volatile year in the crypto space, members of the House of Lords advocated for more regulation of crypto assets. дальше »
2023-1-11 19:30 | |
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$1 Billion Worth of Assets Secured: FTX CEO John J. Ray III Testifies
The CEO of FTX, John J. Ray III, testifies to the US House Committee on Financial Services. He claims $1 billion worth of assets are secured. The post $1 Billion Worth of Assets Secured: FTX CEO John J. дальше »
2022-12-14 01:15 | |
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The Clearing House stands up for bank rights, opposes CBDC in comments for US Treasury
The payments operator responded to a Treasury inquiry related to the presidential executive order with an appeal to keep bank interests in sight when designing digital assets. дальше »
2022-11-11 21:45 | |
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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 | |
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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 | |
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US lawmaker hints at calling for Republican votes in 2022 midterms over crypto policies
Representative Patrick McHenry said regulatory clarity for digital assets would be one of his "top priorities" if he became the next chair of the House Financial Services Committee. дальше »
2022-9-30 22:15 | |
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Binance CEO Hails White House Crypto Framework, Citing ‘Responsible Innovation’
Binance CEO Chanpeng Zhao has praised the digital assets report from the White House, saying it shows initiative on the part of the US government. The post Binance CEO Hails White House Crypto Framework, Citing ‘Responsible Innovation’ appeared first on BeInCrypto. дальше »
2022-9-18 12:00 | |
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First Crypto Regulatory Framework Released By The White House, Here’s More About It!
United States President Joe Biden has passed an executive order on crypto, which is called “Ensuring Responsible Development of Digital Assets. After this, the federal agencies introduced a joint fact sheet on six principal directions for regulation in the U. дальше »
2022-9-17 04:00 | |
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Biden’s Executive Order Produces Few Answers in Crypto Reports From US Treasury
The White House and federal agencies, including the U.S. Treasury Department, laid out in greater detail what they see as concerns around digital assets, as well as possible benefits, but specific regulations are still yet to come. дальше »
2022-9-16 13:00 | |
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Crypto Becomes Next Financial Sector Under US Lawmakers’ Diversity Lens
Rep. Maxine Waters (D-Calif.), the chairwoman of the House Financial Services Committee, has asked 20 of the largest cryptocurrency firms doing business in the U.S. to explain their hiring practices as the panel adds the digital assets industry to the financial sectors it’s questioned about employment diversity. дальше »
2022-8-6 17:20 | |
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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 | |
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SkyBridge Capital’s fund suspends withdrawals because of stocks, crypto decline
Former White House Communication Director Anthony Scaramucci’s fund management firm SkyBridge Capital suspended withdrawals in one of its funds with exposure to crypto assets like Bitcoin (BTC) and Ethereum (ETH), Bloomberg News reported. дальше »
2022-7-19 16:15 | |
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Crypto And Digital Assets Issuers Are Exempted From VAT In Russia Now
Russia has approved a draft bill that exempts cryptocurrency issuers from Value Added Tax (VAT). This move is to further strengthen its pro-crypto stance through its legislation. The lower house of Russian legislature, The State Duma has passed this bill. дальше »
2022-6-30 04:00 | |
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CryptoPunks Owner Borrows $8.3M
News of the NFT owner who placed their assets as collateral for an $8.3 million loan is currently making rounds around the NFT ecosystem. Legend Of ox65od – The Story So Far In February 2022, the famous auction house Sotheby’s was slated to offer a lot of 104 high-value CryptoPunks NFT, an Ethereum based NFT […] The post CryptoPunks Owner Borrows $8.3M appeared first on NFT News Today. дальше »
2022-4-12 05:43 | |
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White House office seeks public opinion on crypto-climate implications
Following up on a recent executive order signed by President Joe Biden, the OSTP reached out to the general public to identify the energy and climate implications related to digital assets. дальше »
2022-3-27 14:49 | |
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House of Assets launches NFT marketplace
House of Assets, a promising NFT project, has introduced an authentic NFT marketplace, which features reliable, curated, and legitimate NFTs from creators. The platform will introduce interesting play-to-earn games, where players can monetize their experience by simply playing and winning the games, Invezz learned from a press release on PR Newswire. дальше »
2022-3-16 14:26 | |
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Alexandria Ocasio-Cortez says US lawmakers shouldn't hold crypto to 'remain impartial'
"I want to do my job as ethically and impartially as I can," said AOC, who added that as a member of the House of Representatives’ Financial Services Committee she has chosen not to hold stocks or investments, including digital assets. дальше »
2021-12-7 19:04 | |
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FTX Releases Regulatory Proposal in Response to Hearing Convened By U.S. Congresswoman
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. дальше »
2021-12-4 18:10 | |
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House committee announces crypto CEOs will testify at Dec. 8 hearing on digital assets
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. дальше »
2021-12-2 23:02 | |
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$3.5 Billion In Crypto Accounted for 93% of All Assets Seized by IRS in 2021: Report
The agency expects to seize billions of dollars worth of crypto in the coming year after getting more ability to surveil crypto transactions in the infrastructure package, to counter which a comprehensive bipartisan bill has been introduced in the House. дальше »
2021-11-20 23:18 | |
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Russian regulators want to mine crypto through wasted flare gas
Mining digital assets in Russia could take a new turn in the near future as regulators in the European country are considering using waste natural gases for mining purposes, this was revealed by a report from a local media house, Kommersant. дальше »
2021-10-22 22:00 | |
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SEC Chair Gary Gensler says the US government will not ban cryptos
Gary Gensler, the Chairman of the US Securities Exchange Commission (SEC), has said the regulator does not plan to ban digital assets. Gensler made this comment on October 5 during a House of Representatives hearing after Republican lawmaker Tedd Budd asked whether the SEC could follow in China’s footsteps and impose an outright ban on […] The post SEC Chair Gary Gensler says the US government will not ban cryptos appeared first on Invezz. дальше »
2021-10-7 15:57 | |
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Infrastructure Bill’s Overlooked “Digital Assets” Tax Provision is a Disaster and an Attack on Privacy
The trillion-dollar infrastructure bill passed by the Senate and now pending in the House that has an overreaching definition of ‘broker’ also contains an overlooked “digital assets” provision. If this bill becomes law, that would be a disaster, said Abraham Sutherland, an adjunct professor at the University of Virginia School of Law and an adviser […] The post Infrastructure Bill’s Overlooked “Digital Assets” Tax Provision is a Disaster and an Attack on Privacy first appeared on BitcoinExchangeGuide. дальше »
2021-9-19 16:33 | |
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Skybridge Capital Announces Intentions For Algorand (ALGO) Crypto ETF
Continuing his bullish stance on the future of blockchain-based assets popularly called cryptocurrencies, former White House Communications Director Anthony Scaramucci has asserted that the burgeoning industry is here to stay. дальше »
2021-9-16 17:47 | |
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U.S. House Democrats' new proposal applies 'wash sale' tax rule to digital assets
A proposal released by the U. S. Democratic house yesterday, has potential to raise a large sum of money in taxes, as reported by Bloomberg. The proposal aimed to add commodities, currencies, and diThe post U. дальше »
2021-9-15 01:30 | |
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House Democrats Planning to Hike Tax on Crypto Assets in Infrastructure Bill
The trillion-dollar infrastructure bill has moved to the House to pass, and after fighting and losing in the Senate, another big fight is at the crypto industry’s door. Citing sources with the knowledge of the plans, Politico reported that Richard Neal, chairman of the House Ways and Means Committee, is the one preparing to add […] The post House Democrats Planning to Hike Tax on Crypto Assets in Infrastructure Bill first appeared on BitcoinExchangeGuide. дальше »
2021-9-14 16:49 | |
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