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SEC Chief Gary Gensler Misled Congress On Ethereum, Says Crypto-Friendly Rep. Patrick McHenry
Rep. Patrick McHenry, a staunch advocate for the crypto industry, joined the escalating warfare between U. S. financial regulators and the cryptocurrency sector on April 30, accusing Securities and Exchange Commission (SEC) Chairman Gary Gensler of having “knowingly misled Congress” on the commission’s position on Ethereum. дальше »
2024-5-6 23:47 | |
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House's McHenry Accuses SEC Chief Gensler of Misleading Congress on Ethereum
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has been accused of misleading Congress by Rep. Patrick McHenry, the chairman of the House Financial Services Committee, who said Gensler's agency already knew it considered Ethereum's ether a security before he attended a hearing and declined to answer that question. дальше »
2024-5-1 00:40 | |
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McHenry slams Gensler for misleading Congress about Ethereum’s classification
House Financial Services Committee Chairman Patrick McHenry has accused SEC Chair Gary Gensler of misleading Congress concerning the classification of Ethereum during his testimony in April 2023. The accusation comes amid escalating tensions over the regulatory approach to digital assets in recent months, with some industry participants filing lawsuits against the watchdog for overstepping its […] The post McHenry slams Gensler for misleading Congress about Ethereum’s classification appeared first on CryptoSlate. дальше »
2024-4-30 21:39 | |
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Top FSC Democrat says stablecoin bill is imminent
Key Democrat Representative Maxine Waters predicts an imminent deal on legislation to regulate stablecoins after 22 months of negotiation with Republican Patrick McHenry. The post Top FSC Democrat says stablecoin bill is imminent appeared first on Crypto Briefing. дальше »
2024-4-26 13:33 | |
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US Crypto Bill Might Pass Before Presidential Elections
Amidst a bipartisan push and recent market rallies, Congress, led by Rep. Patrick McHenry, shows optimism for enacting crucial crypto regulation before the presidential elections, aiming for a more regulated and stable future. дальше »
2024-3-22 22:00 | |
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US Lawmakers believe crypto regulation could become law by Election Day
Congressman Patrick McHenry and Senator Cynthia Lummis recently expressed optimism regarding the passage of critical crypto legislation before the upcoming election in November, according to media reports on March 20. дальше »
2024-3-21 01:48 | |
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Key U.S. Lawmaker McHenry Says House Has 'Workable' Stablecoin Bill
U.S. Rep. Patrick McHenry (R-N.C.) said some of the recent chaos in Congress derailed crypto legislation for a while, but a stablecoin bill is largely worked out in the House of Representatives and just needs a schedule floor vote. дальше »
2024-3-21 21:29 | |
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Pro-crypto lawmaker Patrick McHenry to retire from Congress
U. S. Congressman Patrick McHenry, renowned for his role as a primary proponent of cryptocurrency in legislative circles, has decided to retire at the end of his current term in January 2025. The Congressman confirmed his impending departure in a statement released on Dec. дальше »
2023-12-6 23:30 | |
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Crypto-Friendly Congressman McHenry Temporarily Takes Over U.S. House
Crypto-friendly Rep. Patrick McHenry (R-N.C.) has landed in the driver’s seat of the U.S. House of Representatives just as legislation to establish digital-asset regulations nears a finish line there. дальше »
2023-10-4 02:03 | |
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Republican lawmakers object to Fed’s proposed crypto, stablecoin rules
Three U.S. representatives expressed concerns on Aug. 28 regarding stablecoin and crypto rules recently put forward by the Federal Reserve. Today’s objection was signed by three U.S. representatives: Patrick McHenry, Chairman of the House Financial Services Committee; French Hill, Chairman of the Committee on Financial Services Subcommittee on Digital Assets; and Bill Huizenga, Chairman of […] The post Republican lawmakers object to Fed’s proposed crypto, stablecoin rules appeared first on CryptoSlate. дальше »
2023-8-29 22:50 | |
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Rep. Patrick McHenry calls proposed crypto tax rules an ‘attack on the digital asset ecosystem’
Patrick McHenry, Chairman of the House Financial Services Committee, commented on newly proposed crypto taxation rules on Aug. 25. The IRS, along with the U. S. Treasury, proposed those taxation rules earlier in the day. дальше »
2023-8-26 22:20 | |
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IRS releases draft of proposed reporting rules for digital asset brokers
House Financial Service Committee Chair Patrick McHenry said the rules are part of “the Biden Administration’s ongoing attack on the digital asset ecosystem.” дальше »
2023-8-26 19:40 | |
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Republican members of Congress demand information on Prometheum approval from FINRA, SEC
Financial Services Republicans, led by Chairman Patrick McHenry (NC-10), are inquiring with regulatory agencies regarding the recent approval of Prometheum Ember Capital LLC as a distinct broker-dealer for digital assets. дальше »
2023-8-16 00:20 | |
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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 | |
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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 | |
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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 | |
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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 | |
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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 | |
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Ripple ruling and crypto ETFs ‘drove a lot of urgency’ among lawmakers, reportedly says Coinbase CEO
Coinbase CEO Brian Armstrong reportedly said Representatives Maxine Waters and Patrick McHenry were both considering a legislative path forward on regulating digital assets. дальше »
2023-7-25 19:57 | |
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Congressman Patrick McHenry is Determined to End the US War on Crypto
In the crossfire of US crypto regulation, Congressman Patrick McHenry emerges as a determined advocate, leading crucial efforts to redefine the country's digital asset laws. The post Congressman Patrick McHenry is Determined to End the US War on Crypto appeared first on BeInCrypto. дальше »
2023-6-22 22:00 | |
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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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House Bill Shows Challenge of Regulating Crypto Without Giving TradFi a Free Pass
House Republicans Patrick McHenry and GT Thompson face a central problem drafting their crypto bill: Removing SEC discretion over whether a crypto token is a security allows issuers of traditional stocks and bonds the opportunity to arbitrage regulation, writes Todd Phillips. дальше »
2023-6-14 17:20 | |
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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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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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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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McHenry to U.S. SEC: Which Crypto Firms Have Tried to Register?
The U.S. Securities and Exchange Commission (SEC) has so far disregarded congressional requests for information on its interactions with crypto platforms seeking registration as exchanges, according to Republican lawmakers in the House of Representatives, who threatened a hearing if they’re ignored any longer. дальше »
2023-5-12 23:00 | |
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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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Rep. McHenry announces hearings to address market structure around crypto
Representative Patrick McHenry suggested the hearings will look to add to the regulatory efforts being done on the bipartisan bill led by Senators Cynthia Lummis and Kirsten Gillibrand. дальше »
2023-4-30 05:05 | |
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Congressman McHenry announces joint hearings to address market structure around digital assets
Patrick McHenry suggested that the hearings will look to add to the regulatory efforts being done on the bipartisan bill led by Senator Cynthia Lummis and Senator Kirsten Gillibrand. дальше »
2023-4-29 05:05 | |
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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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Congressmen raise concerns over prudential regulators’ effort to ‘de-bank’ crypto industry
U. S. Congressmen French Hill, Patrick McHenry and Bill Huizenga sent the Federal Deposit and Insurance Commission (FDIC) a joint letter on April 25 requesting information about regulatory efforts to deny banking services to the crypto industry. дальше »
2023-4-28 21:32 | |
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Is ETH a security? SEC Chair Gensler's skeptical state could be the answer...
Congressman Patrick McHenry questioned SEC Chairman about the nature of Ethereum McHenry also asserted that there was a lack of clarity surrounding cryptocurrencies in the market Ethereum The post Is ETH a security? SEC Chair Gensler's skeptical state could be the answer... appeared first on AMBCrypto. дальше »
2023-4-19 02:00 | |
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Financial Services Chair McHenry sends SEC 2nd request for records related to SBF arrest
Sam Bankman-Fried was arrested just before his committee appearance was scheduled.
дальше »2023-4-14 00:36 | |
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US lawmakers planning to reintroduce bill aimed at fixing crypto reporting requirements: Report
Representatives Patrick McHenry and Ritchie Torres reportedly plan to reintroduce the Keep Innovation in America Act to address reporting requirements in the infrastructure law. дальше »
2023-3-8 20:30 | |
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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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US lawmakers question SEC chair on timing of Sam Bankman-Fried’s arrest
“The timing of the charges and his arrest raise serious questions about the SEC’s process and cooperation with the Department of Justice,” said Representatives McHenry and Huizenga. дальше »
2023-2-11 22:30 | |
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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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United States: Incoming lawmakers move to delay key legislation to tax crypto
U.S. Representative Patrick McHenry wrote a letter to the U.S. Treasury to delay crypto taxes. Many lawmakers this year have raised similar concerns. The United States midterm elections heldThe post United States: Incoming lawmakers move to delay key legislation to tax crypto appeared first on AMBCrypto. дальше »
2022-12-16 11:58 | |
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