House Republicans Make Case on Stablecoin Bill After Democrats Called for Do-Over

2023-4-25 23:00

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.

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house democrats stablecoin republicans monday discussion revealed

Источник: coindesk.com

house democrats → Результатов: 57


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.

2022-7-18 16:38


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EPA Vs. Bitcoin: Dorsey, Saylor, Others Oppose Lawmakers’ Call For Action Vs. Crypto Mining

Bitcoin titans Jack Dorsey, Michael Saylor, and Tom Lee collaborated on a letter to the U.S. Environmental Protection Agency in defense of Bitcoin mining’s alleged impact on the environment.  Together, they have refuted claims by House democrats who are tapping on the EPA to investigate the so-called devastating effects that crypto mining has on the […]

2022-5-3 05:30


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.

2021-9-14 16:49


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Democrats Ask Trump Administration To Provide Further Details On Recent Largest-Ever Seizure Of Terrorist Groups’ Bitcoin

Two United States House Democrats have reportedly asked the White House to provide more details on the recent seizure of cryptocurrency connected to major terrorist organizations. According to a recent report, US Reps Josh Gottheimer and Emanuel Cleaver requested that further information regarding the seizures be availed.

2020-8-27 00:58


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Cameron Winklevoss Says US Dollar Has Become “Funny Money” And A Bitcoin Endorsement. Here’s Why

In a meeting on Thursday evening, White House and Democrats failed to come to a consensus regarding a suitable coronavirus stimulus package. According to Gemini co-founder Cameron Winklevoss, the failure of the three-hour negotiations to yield a major relief deal for the United States shows that the dollar has become “funny money” and an endorsement […]

2020-8-8 23:07


New Bill To Stimulate The Economy Removes ‘Digital Dollar’ Term, Hours After Draft Issued

The latest US coronavirus-related bill submitted to the House of Representatives included mentions of the digital dollar, but it seems these mentions have been stripped. The latest version of the House Democrats’ Take Responsibility for Workers and Families Act was revealed on March 23, but it no longer contains anything about the digital dollar in […]

2020-3-24 19:51


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3 Reasons Why Bitcoin Price is Bullish Right Now

Bitcoin price has jumped over 15% during the last 24 hours, currently trading above $6,700. Here are three main reasons behind the surge: Congress Discuss Digital Dollar by Fed to Fight Crisis House Democrats proposed two bills that revolve around the creation of a digital dollar and digital wallets, so that the Federal Reserve (Fed) could transfer digital cash directly to individuals and businesses.

2020-3-25 16:00


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The Ever-Dwindling Chances for a Stablecoin Law

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?

Top U.S. House Lawmakers Meet on Stablecoin Bill Strategy: Punchbowl

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.

Crypto Action in Senate Remains on Back Burner: Sources

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.