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House of Lords conducts final review of financial services bill before returning to House of Commons
During a session in the House of Lords, lawmakers in the upper house of the United Kingdom Parliament voiced their support for the Financial Services and Markets Bill. дальше »
2023-6-20 20:00 | |
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Bill recognizing crypto as ‘regulated activity’ in UK passes House of Lords
The United Kingdom’s House of Lords passed the Financial Services and Markets Bill today, marking a major step in the country’s effort to regulate crypto-assets and their providers. Introduced on July 20, 2022, this legislation could impact the cryptocurrency markets considerably. дальше »
2023-6-20 23:25 | |
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UK government moves forward on financial markets bill for potential regulation of crypto
Following a third reading in the House of Lords, the Financial Services and Markets Bill will return to the lower house of the U.K. Parliament for members to consider any changes. дальше »
2023-6-20 22:20 | |
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UK Crypto, Stablecoin Laws Approved by Parliament's Upper House
The Financial Services and Markets Bill stands to recognize crypto as a regulated activity and stablecoins as a means of payment. дальше »
2023-6-20 17:39 | |
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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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Prometheum, a SEC-registered broker-dealer, sets Twitter ablaze with speculation: here’s what you need to know
Crypto firm Prometheum’s co-founder and co-CEO Aaron Kaplan testified before the U. S. Financial Services House Committee on June 13 The “full-service market” crypto brokerage gained the spotlight after Kaplan took a pro-SEC stance in his testimony, in stark contrast to the majority of industry leaders. дальше »
2023-6-16 20:34 | |
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Republican Lawmakers Rally Behind Cryptocurrency Innovation, Leaving SEC to Fight Alone
In a recent development, Republican members of the House Financial Services Committee have called on the U. S. Securities and Exchange Commission (SEC) to withdraw its proposed rule to redefine the term “exchange. дальше »
2023-6-15 10:10 | |
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US Rep. Brad Sherman on SEC “ending” crypto in the US: “Hope so”
US Rep. Brad Sherman has continued his anti-crypto stance, this time claiming in an interview with CNBC that crypto has “attracted so many charlatans and certainly needs regulation. ” The US House Financial Services Committee member made the remarks during an appearance on the ‘The Exchange’ show ahead of the Fed rate announcement. дальше »
2023-6-15 00:01 | |
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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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House Republicans tell SEC to refrain from expanding defintion of exchange
Republicans on the House Financial Services Committee told the SEC on June 12 to rescind proposed rulemaking concerning crypto exchanges. Republicans oppose broadened definition Specifically, the lawmakers expressed concern with a proposed amendment from the U. дальше »
2023-6-14 23:45 | |
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Crypto industry leaders urge Congress to act on digital asset regulations amid SEC crackdown
The House Financial Services Committee will hear testimony from five key blockchain industry figures on June 13 as the U. S. government grapples with how to address an increasingly urgent regulatory problem. дальше »
2023-6-13 21:26 | |
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Circle CEO urges Congress to lead stablecoin regulation
Circle CEO Jeremy Allaire is set to testify before the US House Financial Services Committee today, urging lawmakers to prioritize the primacy of the US dollar and pass essential stablecoin legislation. дальше »
2023-6-13 14:12 | |
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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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New Era For Crypto: Bipartisan Stablecoin Bill Emerges In US House Committee
As the digital asset industry continues to evolve, so too do the regulations designed to govern it. In a recent development, the US House Financial Services Committee has unveiled a revised draft of a stablecoin bill, a product of bipartisan collaboration, and a potential harbinger of comprehensive US crypto regulation. The bill is the result […] дальше »
2023-6-9 14:00 | |
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New Stablecoin Bill Drafted by House Republicans as Compromise With Democrats
The Republican chair of the House Financial Services Committee has released a new draft of the leading U.S. legislative proposal for overseeing stablecoins, and it includes some of the positions of Democratic lawmakers. дальше »
2023-6-9 07:08 | |
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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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US House Committee on Financial Services Issues Ultimatum to SEC Chair Gensler
Coinspeaker US House Committee on Financial Services Issues Ultimatum to SEC Chair Gensler The ultimatum highlights the growing pressure on the SEC to take a more transparent approach to its regulatory activities. дальше »
2023-5-12 16:04 | |
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US house financial committee gives SEC Chair Gensler ultimatum to respond to inquiries
The U.S. House Committee on Financial Services issued a May 19 ultimatum to the Securities and Exchange Commission (SEC) chair Gary Gensler to respond to its inquiries. In a May 9 letter, the lawmakers demanded that the SEC deliver the requested internal non-public documents of its activities, including its charges against bankrupt FTX founder Sam Bankman-Fried, crypto […] The post US house financial committee gives SEC Chair Gensler ultimatum to respond to inquiries appeared first on CryptoSlate. дальше »
2023-5-12 20:31 | |
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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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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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US Republicans seek transparency over alleged coordinated crypto de-banking
The US House Financial Services Committee's Republican members are seeking transparency concerning the debanking of various cryptocurrency businesses. дальше »
2023-4-27 14:01 | |
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Stablecoin Regulations Inch Closer in the UK and U.S.
The Bank of England and the US House Financial Services Committee are considering new rules and regulations for stablecoins. Stablecoins offer the possibility of greater efficiency and functionality in payments, but currently sit outside a regulated framework. дальше »
2023-4-26 03:01 | |
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Stablecoin regulation finds footing with Republicans, what you need to know
The Republicans on the House Financial Services Committee (HFSC) brought forward a discussion draft of legislation for regulating stablecoin issuers. The bill also aims to update and clarify U. дальше »
2023-4-25 19:00 | |
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House Republicans Make Case on Stablecoin Bill After Democrats Called for Do-Over
Republicans on the House Financial Services Committee are taking another swing at stablecoin legislation with a discussion draft revealed Monday afternoon, which may mark a new starting point for negotiations with Democrats. дальше »
2023-4-25 23:00 | |
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What’s in the House Financial Services Committee’s Stablecoin Bill?
The House Financial Services Committee has finally unveiled its stablecoin legislation, proposing a framework for stablecoin issuers such as Circle and Tether to define how their offerings can be regulated by state and federal entities, while calling for a temporary ban on algorithmic stablecoins. дальше »
2023-4-19 01:29 | |
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Congressional Republicans Criticize SEC Chair Gary Gensler's Crypto Approach Ahead of Hearing
Republicans on the House Financial Services Committee sent a letter criticizing Securities and Exchange Commission Chair Gary Gensler and his repeated entreaties to crypto companies to "come in and register" moments before a congressional hearing on his agency. дальше »
2023-4-19 16:56 | |
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Cryptos Brace for More Enforcement Actions as SEC Seeks $2B Funding to Tame ‘Misconduct’
Gary Gensler, the Securities and Exchange Commission (SEC) Chair, is pushing for additional funding to increase oversight, especially in the cryptocurrency sector. On Wednesday, Gensler told the House sub-committee on financial services that he supports President Joe Biden’s $2. дальше »
2023-4-1 00:51 | |
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House Republicans directly criticize Biden administration for digital asset policies
"Because of actions taken by this Administration, the United States is at risk of pushing the digital asset ecosystem overseas," said Republican Financial Services Committee members. дальше »
2023-3-10 21:46 | |
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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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US Congress asks SEC to release details on interactions between FTX, its founder, and DoJ
Representatives McHenry and Huizenga of the US House Financial Services Committee have voiced their concerns about the cooperation between the United States Securities and Exchange Commission (SEC)and the Department of Justice (DoJ). дальше »
2023-2-12 13:40 | |
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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 | |
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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 | |
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House Financial Services Committee leader wants to extend crypto tax reforms
The chairman of the House Financial Services Committee, who is a leading Republican, has asked the Treasury Department to postpone enforcing the crypto tax provisions of the Infrastructure Investment. дальше »
2022-12-16 14:12 | |
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Incoming House Financial Services Committee Chair Asks Secretary Yellen to Delay Crypto Tax Provision
Rep. Patrick McHenry, the soon-to-be chair of the House Financial Services Committee, wrote a public letter to Treasury Secretary Janet Yellen asking her to delay the implementation of the tax provision in last year's infrastructure law. дальше »
2022-12-16 00:54 | |
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After Sam Bankman-Fried's Arrest, the FTX Show Goes On
Strap in folks: It’s a big week. Former FTX CEO Sam Bankman-Fried and current FTX CEO John J. Ray III were supposed to speak to the House Financial Services Committee. Obviously, things didn’t quite work out that way. дальше »
2022-12-15 01:00 | |
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FTX CEO Ray Says It’s Impossible To Recoup All Losses, US Clients Fare Better
Yesterday’s testimony hearing of new FTX CEO John Ray III to the U. S. House of Representatives Financial Services Committee brought to light some new findings that are not likely to please former customers of the exchange. дальше »
2022-12-14 12:57 | |
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FTX CEO John Ray's Congressional testimony reveals SBF's poor management
The United States House Committee on Financial Services heard the testimony of John Ray III, the man in charge of cleaning up the mess at the bankrupt crypto exchange FTX. As the new CEO and Chief ResThe post FTX CEO John Ray's Congressional testimony reveals SBF's poor management appeared first on AMBCrypto. дальше »
2022-12-14 12:32 | |
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