2023-7-28 15:30 |
Long-awaited stablecoin bill has passed first major stress test in House
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Senators Kirsten Gillibrand and Cynthia Lummis released their much anticipated stablecoin regulation bill this week. Known as the Lummis-Gillibrand Responsible Financial Innovation Act, the bill aims to streamline the stablecoin industry and reduce the risks of another Terra collapse.
2024-4-18 16:01 | |
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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.
2024-3-21 21:29 | |
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Soon-to-be retired United States senator Pat Toomey introduced a bill on December 21 that could pave the way for a more open stablecoin framework beginning next year. The post US Senator Toomey unveils permissive stablecoin bill prior to retirement appeared first on CryptoSlate.
2022-12-22 18:30 | |
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Outgoing Pennsylvania Senator Pat Toomey on Wednesday introduced a bill that he expects would serve as a model for stablecoin legislation in the coming year.
2022-12-22 12:06 | |
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Argentina's San Luis has passed a bill to establish a new stablecoin pegged unto the dollar. The move by Argentina comes after New York and Miami also joined the digital assets adoption's list.
2022-12-19 12:30 | |
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The bill also authorizes local artists to issue nonfungible tokens (NFT) to promote financial and cultural inclusion.
2022-12-17 01:10 | |
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The Argentinian province of San Luis has passed a bill allowing it to issue a dollar-pegged stablecoin. The new law will also give local artists the chance to have their work minted as NFTs. The post San Luis in Argentina to Create Dollar-Pegged Stablecoin appeared first on BeInCrypto.
2022-12-17 23:30 | |
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The United Kingdom HM treasury aims to establish a safe regulatory environment for stablecoins. The FSM Bill plans to regulate crypto assets. The post United Kingdom Aims to Establish Regulatory Environment for Stablecoin Payments. appeared first on BeInCrypto.
2022-12-11 15:42 | |
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Anticipation for a crypto bill out of the House Financial Services Committee ran so high this year that stablecoin issuers have been trying to meet the bill’s expected standards before the rules are even set.
2022-12-6 16:27 | |
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According to recent reports, Sen. Kirsten Gillibrand, one of the Senate’s most pro-crypto Democrats, said she hopes a regulatory bill will be initiated in the coming weeks. Last-Ditch stablecoin regulations to emerge this year Sen. Kirsten Gillibrand (D-NY) said that…
2022-11-17 03:00 | |
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Sen. Kirsten Gillibrand (D-N.Y.) said the latest effort on a stablecoin regulatory bill is coming soon, and she hopes it can get some attention before Congress transitions into its new session next year.
2022-11-16 21:41 | |
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The bill addressed stablecoin regulation from the start; now the Financial Conduct Authority will be empowered to regulate activities with crypto assets if the amended bill passes.
2022-10-22 23:30 | |
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The ranking member of the House Financial Services Committee praised the bipartisanship behind the coming bill, but says there are “complex conversations” ahead.
2022-10-14 00:00 | |
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Earlier this week, new draft legislation on stablecoins came to light aimed at “endogenously collateralized stablecoins.”
2022-9-24 05:43 | |
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Democrats pushed for a provision directing the U.S. Federal Reserve to move forward on a digital dollar, but the negotiations concluded with a new directive for another Fed study in this year’s ongoing legislative effort to regulate stablecoins, according to a person familiar with the talks.
2022-9-21 17:57 | |
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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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It’s reported the bills' definition will cover “endogenously collateralized stablecoins,” which depend on the value of an attached cryptocurrency from the same creator for it to maintain a stable price.
2022-9-21 04:40 | |
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The proposal lays out disclosure requirements for banks that could make China's central bank digital currency available for use in Australia, and seeks to set up licensing frameworks for stablecoin issuers.
2022-9-20 12:35 | |
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Senator Andrew Bragg on Monday released a draft bill aimed at regulating crypto exchanges, stablecoins and the digital yuan.
2022-9-20 09:26 | |
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The bill would prohibit California-licensed entities from dealing with stablecoins, unless that stablecoin is fully-backed by securities and issued by a bank or licensed by the California Department of Financial Protection and Innovation.
2022-9-14 05:46 | |
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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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A proposed bill could give U.K. regulators new powers over payments-focused crypto assets like stablecoins, but details on how the rules might be interpreted by financial watchdogs are pending.
2022-8-17 11:00 | |
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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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Key U.S. Lawmakers delay bipartisan bill to mitigate stablecoin risks to at least Sep. 2022. The post Bipartisan Stablecoin Bill to Be Delayed Until September 2022 appeared first on BeInCrypto.
2022-7-27 22:15 | |
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United States lawmakers have delayed the vote on a bipartisan bill on stablecoin regulation until at least September, The Wall Street Journal reported, citing people familiar with the matter. The post Lawmakers delay voting on US bill to regulate stablecoins till September appeared first on CryptoSlate.
2022-7-26 19:41 | |
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A potential bipartisan bill to regulate stablecoins has been bogged down in negotiations, according to three people familiar with the talks, but lawmakers developing the legislation are considering releasing some draft language that may spur wider input.
2022-7-26 00:37 | |
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Two US lawmakers, Maxine Waters and Patrick McHenry are collaborating on a bill that would impose strict bank-like regulations for stablecoins, The Wall Street Journal reported July 20. The post US lawmakers propose bank-like regulation for stablecoin issuers appeared first on CryptoSlate.
2022-7-22 21:48 | |
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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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Japanese lawmakers on Firday passed a bill for stablecoins to protect crypto investors. The… The post Japanese lawmakers pass stablecoin bill to safeguard crypto investors appeared first on CoinJournal.
2022-6-6 11:56 | |
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Japan has become one of the first major economies to spearhead stablecoin regulation after its parliament passed a bill to rein in the sector, Bloomberg News reported. The post Japan passes a stablecoin bill focusing on investor protection following UST debacle appeared first on CryptoSlate.
2022-6-3 17:00 | |
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Japans parliament has passed legislation clarifying the legal status of stablecoins. The new bill also mandates that any entity providing stable crypto assets must guarantee holders the right to redeem...
2022-6-3 13:48 | |
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The Japanese government is rushing to enforce new stablecoin laws in the aftermath of the Terra collapse.
2022-6-3 13:07 | |
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Japan emerges as a precedent-setting nation by passing stablecoin regulation in the wake of the TerraUSD collapse.
2022-6-3 09:34 | |
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Her Majestys Treasury has confirmed plans to legalize stablecoins as a form of payment in a new Financial Services and Markets Bill announced on May 10. U.K to Regulate Stablecoins...
2022-5-16 13:58 | |
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The Stablecoin TRUST Act proposed the digital assets be identified as “payment stablecoins” which are exempt from many securities regulations.
2022-4-7 02:10 | |
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U.S. Senator Pat Toomey (R-Pa.) introduced a bill to create a three-pronged regulatory framework for stablecoins on Wednesday.
2022-4-7 22:00 | |
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Stablecoins have been a target for lawmakers and regulators in the United States. The two have debated the risks that stablecoins pose to the financial sector and the US dollar’s value. Two US lawmakers have joined hands to introduce a bill that will bring transparency to the reserves held by stablecoin issuers.
2022-4-5 18:39 | |
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The days of murky stablecoin reserves might soon be over.
2022-4-1 01:11 | |
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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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Avanti Financial CEO Caitlin Long said the bill had its own pros and cons, but it was “definitely a conversation-starter” for lawmakers exploring stablecoins.
2022-2-19 20:15 | |
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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 financial working group of the US government has indicated that Stablecoins must meet certain regulatory standards to be accepted in the country. This comes after the controversial stablecoin bill that has been proposed by US lawmaker Talib Rashid.
2020-12-27 12:00 | |
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Three U. S. lawmakers have introduced a bill that will force private stablecoin issuers to obtain a banking charter (or license) and approval from the Federal Reserve before they can issue a stablecoin.
2020-12-4 12:15 | |
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Three U. S. lawmakers have introduced a bill that will force private stablecoin issuers to obtain a banking charter (or license) and approval from the Federal Reserve before they can issue a stablecoin.
2020-12-4 12:15 | |
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A new bill proposed to Congress strives to regulate the whole stablecoin market by asking all related activities to have federal approval first. This resulted in prominent personalities from the cryptocurrency industry coming down heavily to a submitted Congressional bill that would massively regulate stablecoin issuers.
2020-12-4 00:00 | |
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A new bill introduced to Congress seeks to control the entire stablecoin industry by requiring all related activities to obtain federal approval first
2020-12-4 06:36 | |
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