2024-4-11 17:32 |
The window is narrowing for legislation to set up rules for stablecoin issuers in 2024, but the retiring chairman of the House Financial Services Committee says it can be done.
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The legislation comes in response to the May collapse of the algorithmically-backed TerraUSD stablecoin. U.S. Proposes Stablecoin Regulation House lawmakers are taking a step toward regulating stablecoins. A new bill...
2022-9-21 14:27 | |
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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.
2022-9-3 21:38 | |
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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).
2022-7-29 19:41 | |
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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.
2022-7-28 01:17 | |
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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.
2022-7-28 01:17 | |
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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.
2022-7-21 00:01 | |
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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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The ongoing crypto market turmoil and the de-pegging by two of the largest stablecoins earlier this week has caught the attention of regulators, particularly Treasury Secretary Janet Yellen. Testifying before the House of Representatives Financial Services Committee Thursday, Yellen brought up the issue of UST and USDT noting stablecoin issuers needed to be brought under […]
2022-5-13 13:39 | |
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Four members of the Wyoming Legislature have backed a bill proposal that would see the State Treasurer issue a stablecoin. Wyoming State Senators Tara Nethercott and Chris Roth fuss together with House representatives Mike Yin and Jared Olsen, introduced the Senate file SF0106 on Thursday.
2022-2-21 07:00 | |
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There is still no consensus about the best method of creating a stable currency on the blockchain. While USDT is the most popular stablecoin, many believe it is a giant house of cards capable of crashing the whole system.
2021-12-2 12:30 | |
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Weeks after its postponement, President Muhammad Buhari will officially launch the Nigerian Central Bank Digital Currency, eNaira, at the State House, Abuja, today. The post Crypto-loving Nigeria to launch eNaira stablecoin today appeared first on CryptoSlate.
2021-10-26 19:00 | |
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A senior White House official says the administration ensures a “smart and effective regulatory system” for crypto. Meanwhile, for the IMF, because DeFi is one of the main drivers of the rapid growth of stablecoins, it “warrants close attention.
2021-10-13 16:40 | |
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As House Democrats grapple over the infrastructure bill, the Biden administration and Federal Reserve eye stablecoin regulation.
2021-10-4 18:00 | |
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The crypto community was slammed with news earlier this week that United States House representatives are looking to crack down on stablecoins. The post Ethereum community explodes over proposed stablecoin act from U.
2020-12-5 16:22 | |
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The head of the House Financial Services Committee wants President-elect Biden to to rescind guidance by the OCC that national banks may hold stablecoin reserves as a service to bank customers.
2020-12-5 02:46 | |
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The head of the House Financial Services Committee wants President-elect Biden to to rescind guidance by the OCC that national banks may hold stablecoin reserves as a service to bank customers.
2020-12-6 02:46 | |
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Facebook’s COO Sandberg in talks with the U.S. House Financial Services Committee to testify about Libra stablecoin
2019-9-28 01:00 | |
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A halt in the development of the controversial Libra stablecoin was called by Democrats from the U. S. House of Representatives due to the concerns relating to Facebook’s past records with privacy and protection related to its users.
2019-7-5 03:03 | |
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The U.S. House of Representatives Committee on Financial Services requested that Facebook imposes a moratorium on the development of its stablecoin
2019-7-4 20:58 | |
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By CCN: Far from a first, California Democrat Rep. Eric Swalwell is accepting Bitcoin donations for his dark-horse bid to knock off Donald Trump in the 2020 presidential election. More significantly, the bombastic congressman wants to usher in a blockchain revolution after he vanquishes Trump from the White House.
2019-5-24 21:36 | |
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The Bitcoin bull and bear market cycles are a pattern that produces significant developments — when the market is cold, people tend to focus on building the next wave of groundbreaking technology.
2019-3-29 16:26 | |
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Phillip Potter, co-founder of Tether (USDT) and former CSO of sister firm Bitfinex, has joined the advisory board of a new stablecoin clearing house project
2019-2-5 19:01 | |
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Stablecoins have garnered serious investor attention over the past few weeks. Unlike bitcoin and similar cryptocurrencies, they are digital assets built to lessen price volatility and are often paired against the U.
2018-9-29 01:06 | |
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After several failed attempts, Republicans in the U.S. House of Representatives dug deep into their roster to elevate a less prominent and less controversial lawmaker, Rep. Mike Johnson (R-La.), as the new Speaker of the House.
Tom Emmer has been “making calls” to secure a nomination for the speaker role, and it could be a boon for the crypto sector if he were to be voted in.
Last week’s testimony by SEC Chair Gary Gensler before the House Financial Services Committee showed that the political divide towards crypto has never been clearer. Noelle Acheson dives into why this matters now.
US congressman Patrick McHenry was a guest at CNBC’s Squawk Box where he weighed in on Facebook’s Libra and bitcoin following Libra’s hearing before the Senate at Capitol Hill. Patrick presently represents the 10th District of North Carolina and is also a ranking member of the Financial Services Committee.