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Rep. Maxine Waters criticizes PayPal’s stablecoin, demands regulation on par with financial institutions
Democratic U. S. Congresswoman and House Financial Services Committee Ranking Member Maxine Waters criticized PayPal’s stablecoin on Aug. 9. Waters said in a statement: “I am deeply concerned that PayPal has chosen to launch its own stablecoin while there is still no Federal framework for regulation, oversight, and enforcement of these assets. дальше »
2023-8-10 04:00 | |
Congresswoman Maxine Waters Says She’s ‘Deeply Concerned’ About PayPal’s New Stablecoin
The top Democrat on the House Financial Service Committee criticized PayPal’s plans in a statement on Wednesday. дальше »
2023-8-9 19:52 | |
PayPal’s PYUSD Launch Triggers Calls For Stablecoin Bill
United States Republican Patrick T. McHenry, Chair of the House Financial Services Committee, has released a statement calling for the need to pass the Stablecoin Bill in the wake of PayPal’s launch of its own stablecoin PYUSD. дальше »
2023-8-8 13:30 | |
US official calls for stablecoin law amid PayPal’s PYUSD launch
Representative Patrick McHenry, the US House Financial Services Committee chair, endorsed PayPal’s stablecoin, PYUSD, as a key pillar for modern payments. The endorsement was given on Aug. 7, shortly after PayPal announced the stablecoin launch in partnership with Paxos. In… дальше »
2023-8-8 12:54 | |
US Congressman McHenry Praises Stablecoins, Calls Them Vital To 21st-Century Payments
In a notable move that highlights the growing acceptance and potential of stablecoins in modern payment systems, PayPal has announced the launch of its payment stablecoin PYUSD. This development comes shortly after the House Financial Services Committee passed the Clarity for Payment Stablecoins Act, a bipartisan legislation that paves the way for regulated stablecoin issuers, […] дальше »
2023-8-8 06:00 | |
House Financial Services Committee chair renews call for stablecoin legislation after PayPal’s PYUSD announcement
Representative Patrick McHenry, (R-NC), chair of the U. S. House Financial Services Committee Chairman, endorsed PayPal’s recently-announced stablecoin on Aug. 7. McHenry said in a statement: “[PayPal’s] announcement is a clear signal that stablecoins—if issued under a clear regulatory framework—hold promise as a pillar of our 21st century payments system. дальше »
2023-8-8 04:00 | |
US lawmakers urge White House to address North Korea’s use of digital assets: Report
Sen. Elizabeth Warren was part of a group of lawmakers who pushed for provisions against crypto mixers and privacy coins in the National Defense Authorization Act in July. дальше »
2023-8-5 22:00 | |
Richard Heart’s House of Cards Collapses: HEX and PLS Crash as DEX Support Pulled
In a dramatic development in the world of cryptocurrencies, HEX token, founded by Richard Heart, was recently withdrawn from Uniswap’s trading platform. Heart, a controversial figure in the crypto space, previously faced litigation from the U. дальше »
2023-8-2 12:24 | |
BlackRock Under Fire From US Lawmakers for China Ties
The House of Representatives' Select Committee on the Chinese Communist Party scrutinizes asset manager BlackRock and MSCI for China ties. The post BlackRock Under Fire From US Lawmakers for China Ties appeared first on BeInCrypto. дальше »
2023-8-2 21:53 | |
Apple Faces Scrutiny Over App Store Policies Amid NFT Growth
Apple faces scrutiny over App Store policies regarding cryptocurrency and NFTs. House representatives seek answers on potential limitations for blockchain tech. The post Apple Faces Scrutiny Over App Store Policies Amid NFT Growth appeared first on NFT News Today. дальше »
2023-7-31 04:10 | |
U.S. House Committee green lights bill to enable self-custody of cryptos
The bill was intended to protect crypto users' right to maintain custody of their digital assets. The committee acknowledged that the bill would address a key issue which was manifested followiThe post U. дальше »
2023-7-30 09:30 | |
US committee passes crypto custody bill as Chancer presale accelerates
The US House Financial Services Committee has passed the “Keep Your Coins Act of 2023,” a significant piece of legislation for the cryptocurrency industry in the United States. The bill comes at a time when the US SEC has sustained an onslaught on crypto firms, including large companies like Binance and Coinbase. дальше »
2023-7-30 14:07 | |
A suite of crypto legislation passed the House Financial Services Committee this week
On July 27, the House Financial Services Committee advanced seven pieces of legislation concerning critical issues in digital asset regulation. They will now proceed to a full vote in the House. A Republican-led effort, the bill’s progression is a significant legislative moment for cryptocurrency regulations. дальше »
2023-7-29 11:00 | |
Democratic congressman Ritchie Torres calls Gensler’s SEC ‘arbitrary and capricious’
Democratic House of Representatives member Ritchie Torres criticized the U.S. Securities and Exchange Commission (SEC) and advocated for new laws on July 28. Torres told Unchained podcast host Laura Shin: “The modus operandi of the SEC under [Chair] Gary Gensler has been regulation by enforcement … he has taken what I consider to be arbitrary […] The post Democratic congressman Ritchie Torres calls Gensler’s SEC ‘arbitrary and capricious’ appeared first on CryptoSlate. дальше »
2023-7-29 08:00 | |
Bitcoin And Crypto: US House Committee Passes Bill To Protect Self-Custody
In a groundbreaking development, the U. S. House Financial Services Committee has just passed the “Keep Your Coins Act of 2023,” a landmark bill advocating for the right to self-custody Bitcoin and other cryptocurrencies. дальше »
2023-7-28 20:00 | |
US House Committee Moves Forward on Legislation Covering Stablecoins, Digital Assets and More
The House Financial Services Committee has approved seven pieces of legislation, signaling a major revamp in how digital assets, ESG impacts and small business lending data collection are regulated in... дальше »
2023-7-28 17:32 | |
Landmark crypto bills advance to US House as AltSignals presale tops $1.22M
While cryptocurrency markets have remained largely indecisive over the past few days in terms of price action, what hasn’t gone unnoticed are this week’s landmark developments with regard to crypto regulation in the United States. дальше »
2023-7-29 13:01 | |
US Stablecoin Bill Advances Despite Fear Of Elon Musk’s Twitter X Coin
In a momentous move, the US House Financial Services Committee has taken a significant step forward in establishing a federal regulatory framework for stablecoins despite the fears of Elon Musk creating his own. дальше »
2023-7-28 08:45 | |
U.S. Stablecoin Bill Takes Big Step Despite Fight From Democrats, White House
House lawmakers cleared stablecoins legislation for the next step in its route through Congress on Thursday, though the House Financial Services Committee moved the bill toward a potential floor vote without bipartisan support as Chair Patrick McHenry (R-N. дальше »
2023-7-28 05:00 | |
US House Agriculture Committee passes pro-crypto bill
The U.S. House Committee on Agriculture has approved the Financial Innovation and Technology for the 21st Century Act дальше »
2023-7-28 01:10 | |
U.S. House Approves Major Crypto Bill, Pushes For A Regulatory Framework
A noteworthy development has occurred in regulating the United States’ crypto space as a House Committee has approved a bill to bring clarity into the industry. On July 26, the U. S House Financial Services Committee approved the Financial Innovation and Technology Act for the 21st Century Act, popularly known as FIT21. дальше »
2023-7-28 01:00 | |
US financial committee votes in favor of key crypto bills
The US House Financial Services Committee passed two crypto regulatory bills, clarifying jurisdiction for crypto firms under US securities and commodities regulators. дальше »
2023-7-27 16:25 | |
Landmark crypto legislation defines SEC, CFTC jurisdiction on digital assets, commodities
In a significant move for the digital asset ecosystem, the House Financial Services Committee passed the ‘FIT for the 21st Century Act,’ officially titled the “Financial Innovation and Technology for the 21st Century Act” on July 26. дальше »
2023-7-27 12:53 | |
Big Win For Crypto as Regulatory Bill Gets House Approval
The US House Financial Services Committee has approved the Financial Innovation and Technology for the 21st Century Act, a major step towards cryptocurrency regulation, despite potential resistance in the Democrat-led Senate. дальше »
2023-7-27 09:36 | |
Landmark Victory: US Congress Committee Passes Historic Crypto Bill
In a landmark victory for the crypto industry, the US House Financial Services Committee has achieved a landmark victory by advancing a bipartisan bill aimed at establishing a regulatory framework for Bitcoin and cryptocurrencies yesterday. дальше »
2023-7-27 09:00 | |
US House Financial Services Committee passes bill for clear crypto regulation
A vital US House meeting has passed a bipartisan bill that might finally ensure the sought-after regulatory clarity for cryptocurrency businesses. On Wednesday, 26 July, most United States watchdogs voted to advance two cryptocurrency regulation bills, approving the 21st Century Act to safeguard customers and ensure decisive rules for the digital asset sector. дальше »
2023-7-27 07:32 | |
Indonesia unveils national crypto exchange and clearing house
Indonesia has introduced a national crypto asset exchange and clearing house to foster transparency and security for digital asset investors дальше »
2023-7-22 19:23 | |
UK Government Firmly Rejects Proposal To Treat Crypto Like Gambling
The United Kingdom’s HM Treasury has dismissed a House of Commons Treasury Committee recommendation to regulate the crypto industry like gambling, noting that it “firmly disagrees” with the committee’s view. дальше »
2023-7-22 23:12 | |
New Crypto Bill Demands SEC And CFTC To Draft Rules For Trading Platforms
Senior House Republicans have officially introduced a bill that seeks to change how crypto markets function in the United States. Republican members of the Agriculture and Financial Services Committees of the United States House have introduced this bill to create a regulatory framework for digital assets. дальше »
2023-7-21 18:30 | |
Google and OpenAI Will Commit to AI Safety and Transparency at White House
AI companies including Google, OpenAI, Meta, and Amazon will voluntarily commit to safe, secure, and transparent AI development at the White House, including pre-release testing and risk mitigation measures. дальше »
2023-7-22 17:15 | |
Indonesia launches national cryptocurrency exchange amid 69% drop in transaction volume
Indonesia launched a national cryptocurrency exchange that became operational on July 17, according to a July 20 statement from the Commodity Futures Trading Supervisory Agency (Bappebti). The country also announced that its futures clearing house has been operational since July 17. дальше »
2023-7-21 15:28 | |
Indonesia Steps Up Crypto Regulation With National Exchange And Clearing House Launch
Indonesia has taken a substantial stride in its efforts to regulate its burgeoning cryptocurrency sector. As announced this week, the Southeast Asian nation has launched a national crypto asset exchange. дальше »
2023-7-21 13:00 | |
Latest Crypto Regulation Bill Calls for CFTC and SEC Collaboration
US House Republicans have proposed a crypto regulatory bill that would require collaboration between the Commodity Futures Trading Commission and the Securities and Exchange Commission. The bill aims to provide clarity on digital asset exemptions and securities laws. дальше »
2023-7-21 08:48 | |
Supervillain House in The Metaverse: A Bond-Inspired Fantasy World
Few concepts fire up the imagination like the dazzling array of secret lairs conjured up by the minds behind the James Bond franchise The post Supervillain House in The Metaverse: A Bond-Inspired Fantasy World appeared first on NFT News Today. дальше »
2023-7-21 07:19 | |
US House Republican committees introduce joint digital assets bill
The House Agriculture and Financial Services Committees have been working together all year on a bill to rival Lummis and Gillibrand’s RFIA. дальше »
2023-7-21 02:37 | |
Britain Rejects Proposal To Regulate Crypto As Gambling
The UK government has rejected a proposal by the House of Commons Treasury Committee to regulate crypto retail trading similarly to gambling. In a committee report released on May 17, British lawmakers recommended regulating the UK crypto market akin to gambling. дальше »
2023-7-21 23:00 | |