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Spotlight on AI, digital assets at House subcommittee hearing

The House Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion convened a pivotal hearing on Dec. 5, to hear from high-ranking representatives from federal agencies, including the Federal Reserve, Securities and Exchange Commission (SEC), and the Office of the Comptroller of the Currency (OCC), spoke on the increasing influence of new technologies such […] The post Spotlight on AI, digital assets at House subcommittee hearing appeared first on CryptoSlate. дальше »

2023-12-6 01:50


Crypto Miners Lobby U.S. Lawmakers to Counter Environmental 'Misunderstanding'

When crypto mining is discussed in the U.S. Congress, it's often tied to claims that mining operations are environmental parasites, sapping finite energy resources. But representatives of that sector flooded offices on Capitol Hill this week to argue their businesses can help stabilize the power grid, tie into renewable resources and foster domestic technology. дальше »

2023-10-28 18:51


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


FTX Debtors Pivot: Revised Settlement Proposal Emerges Amid US Trustee Objection

In a recent court filing on Sunday, bankrupt cryptocurrency exchange FTX disclosed that it had revised its motion for settlement after facing objections from the US Trustee.  Despite criticizing the US Department of Justice (DOJ) representatives for intervening in what they considered a routine settlement process safeguarded by two creditor committees, FTX debtors acknowledged the […] дальше »

2023-8-22 02:30


Is Apple’s App Store Policy Hindering Blockchain Innovation? U.S. Lawmakers Investigate

As the relationship between platform guidelines and emerging technologies, particularly blockchain, continues to become a topic of scrutiny, two U.S. lawmakers – Representatives Gus Bilirakis (R-FL) and Jan Schakowsky (D-IL) – have recently vocalized concerns regarding these potential clashes in the field of distributed ledger technology and nonfungible tokens (NFTs). The primary point of contention […] дальше »

2023-7-29 12:41


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