2024-5-22 13:50 |
The U.S. House of Representatives is set to vote on the Financial Innovation and Technology for the 21st Century Act (HR 4763), commonly referred to as FIT21, by the end of this month. According to a letter from a16z, this… origin »
Bitcoin price in Telegram @btc_price_every_hour
|
The White House under President Joe Biden’s administration will not veto for or against the Financial Innovation and Technology for the 21st Century Act.
2024-5-23 18:32 | |
|
|
House Financial Services Committee Chair Patrick McHenry emphasized the importance of the FIT21 Act: "For far too long, the U.S. digital asset ecosystem has been plagued by regulatory uncertainty..."
2024-5-12 17:06 | |
|
|
The Financial Innovation and Technology for the 21st Century Act passed out of committee in July 2023 but could be headed for a full floor vote in the U.S. House of Representatives.
2024-5-11 23:25 | |
|
|
This strategic initiative aims to expand Laos’ Digital Gold user base. Solana will act as the blockchain settlement layer. Velo will be responsible for securely validating transactions. Velo and the Solana Foundation have signed a Memorandum of Understanding (MOU) to establish a clearing house for transactions related to Laos’ Digital Gold.
2024-4-8 18:49 | |
|
|
Powell also said a CBDC would need Congress' approval before the Federal Reserve will act.
2024-2-16 16:59 | |
|
|
The Economic Crime and Corporate Transparency Act, recently passed in the UK, bolsters the fight against fraud and money laundering. It empowers Companies House with stringent verification powers and law enforcement with the ability to seize cryptocurrencies, marking a significant stride in enhancing financial security in the open economy.
2023-10-27 21:18 | |
|
|
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, […]
2023-8-8 06:00 | |
|
|
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.
2023-8-5 22:00 | |
|
|
In a 35–15 vote, the House Financial Services Committee approved the Financial Innovation and Technology for the 21st Century Act.
2023-8-1 23:00 | |
|
|
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.
2023-7-30 14:07 | |
|
|
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.
2023-7-28 20:00 | |
|
|
The U.S. House Committee on Agriculture has approved the Financial Innovation and Technology for the 21st Century Act
2023-7-28 01:10 | |
|
|
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.
2023-7-28 01:00 | |
|
|
The House Agriculture Committee advanced the Financial Innovation Technology for the 21st Century Act, a day after the House Financial Services Committee did.
2023-7-28 21:11 | |
|
|
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.
2023-7-27 12:53 | |
|
|
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.
2023-7-27 09:36 | |
|
|
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.
2023-7-27 07:32 | |
|
|
The upper house of the UK Parliament recently approved a bill establishing the first comprehensive crypto-asset regulation in the country. The bill, which was first introduced last year, proposed the regulation of cryptocurrencies and amendments to the UK Banking Act 2009 which outlines the authority of the central bank to oversee payment networks. The UK’s […]
2023-6-20 18:00 | |
|
|
The House Financial Services Committee will hear testimony from five key blockchain industry figures on June 13 as the U. S. government grapples with how to address an increasingly urgent regulatory problem.
2023-6-13 21:26 | |
|
|
The five-page, bipartisan Securities Clarity Act by Representatives Tom Emmer and Darren Soto would significantly reduce uncertainty for both crypto investors and issuers, write Bain Capital Crypto’s Tuongvy Le and Khurram Dara.
2023-6-1 19:58 | |
|
|
Member of the US House of Representatives and Majority Whip Tom Emmer has recently introduced a new bill to provide regulatory clarity for the blockchain and cryptocurrency industry. The bill is called the Blockchain Regulatory Act (BCRA).
2023-3-24 02:13 | |
|
|
White House Press Secretary Karine Jean-Pierre said the presidential administration is monitoring Silvergate Bank's situation, and said Congress must act.
2023-3-7 22:35 | |
|
|
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,…
2022-12-20 11:11 | |
|
|
Jared Huffman, a United States House of Representatives member, has reportedly queried some U. S. federal agencies’ unwillingness or reluctance to respond to recommendations in a recently released White House report on cryptocurrency mining.
2022-10-6 05:00 | |
|
|
Two U.S. Republican senators, Marsha Blackburn of Tennessee and Cynthia Lummis of Wyoming, have introduced a bill that, if passed by the Senate and House, could see crypto companies legally reporting and sharing with federal and state authorities and among themselves any cyber threat indicators, activities, individuals/companies, and information they may deem as a cyber-security […]
2022-9-30 23:17 | |
|
|
Arthur Hayes has been sentenced to two years of probation plus six months of home confinement for violating the U.S. Bank Secrecy Act. Hayes Sentenced A U.S. court in New...
2022-5-21 00:44 | |
|
|
The Republican congressman is supporting Sen. Tommy Tuberville’s Senate bill and financial services companies that want to include crypto in their 401(k) product offerings.
2022-5-21 00:25 | |
|
|
A member of the U.S. House of Representatives has introduced a bill to ensure that Bitcoin is permitted in 401(k) retirement plans. Bill Supports the Financial Freedom Act On Friday,...
2022-5-21 22:36 | |
|
|
Republican House Financial Services Committee members are resisting proposed changes to the 1934 Exchange Act in a letter to the Securities Exchange Commission.
2022-4-19 00:15 | |
|
|
The bi-partisan Accountability for Cryptocurrency in El Salvador (ACES) Act mirrors legislation that advanced out of a Senate committee last month.
2022-4-6 17:37 | |
|
|
Members of the U.S. House of Representatives including Rep. Stephen Lynch (D-Mass), Rep. Jesus G. Chuy Garcia (D-Ill.), Rashida Tlaib (D.Mich.), and others, have on March 28, 2022, introduced the Electronic Currency and Secure Hardware (ECASH) Act. The proposal is…
2022-3-30 02:00 | |
|
|
The US Senate passed its “Accountability for Cryptocurrency in El Salvador (ACES) Act” through committee on Wednesday, and the bill is set to be voted on by the house
2022-3-24 13:40 | |
|
|
A provision originally included in the bill had critics saying the Treasury Secretary would not have had limits on surveilling crypto firms suspected of illicit transactions, nor open the matter to include public feedback.
2022-2-5 01:25 | |
|
|
10 members of the US Congress have voiced their dissatisfaction with the Infrastructure Investment and Jobs Act. The group expressed their dissatisfaction with the legislation in a strongly worded letter to the Speaker of the House of Representatives A part of the law is widely believed to have unfair negative effects on the cryptocurrency industry. […]
2021-11-18 17:05 | |
|
|
Meanwhile, a top Republican in the House of Representatives is proposing a safe harbor bill, “Clarity for Digital Tokens Act of 2021,” to “provide the necessary legal certainty to digital asset projects when they launch.
2021-10-6 16:36 | |
|
|
The Consumer Safety Technology Act passed quickly in the House, and if enacted would require the study of blockchain tech and digital tokens.
2021-6-24 07:22 | |
|
|
The House passed the Eliminate Barriers to Innovation Act (20 April 2021). The passed act requires the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to establish a working group with the goal of clarifying in which cases the jurisdiction over a certain token belongs to SEC and in which to CFTC.
2021-6-23 23:44 | |
|
|
The U. S. House of Representatives passed H. R. 1602, the “Eliminate Barriers to Innovation Act of 2021,” last week, sending it to the Senate. The senate subsequently referred it to the Senate Banking Committee.
2021-5-1 23:00 | |
|
|
The United States House of Representatives has passed a bill that aims to provide regulatory clarity to Bitcoin. The bill called “The Eliminate Barriers to Innovation Act of 2021” was first introduced to the Financial Services Committee in March by ranking Member Patrick McHenry (R-NC).
2021-4-22 20:32 | |
|
|
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 | |
|
|
Following a two-week debate in the U. S. Congressional House, the Consumer Technology Act, which covers the Digital Taxonomy Act and the Blockchain Innovation Act, passed on Tuesday. The Act will now head to the Senate for debate.
2020-10-1 21:06 | |
|
|
The U. S House of Representatives has approved two blockchain-affiliated Acts through its Committee on Energy and Commerce; this marks the furthest a blockchain bill has come in the 116th Congress.
2020-9-12 19:38 | |
|
|
The Consumer Safety Technology Act will now be debated in the House of Representatives.
2020-9-10 16:34 | |
|
|
The U. S military could soon be using blockchain technology after a unanimous decision by the House of Representatives to amend the National Defense Authorization Act (NDAA). The amendments were introduced to the House by Rep.
2020-7-25 00:10 | |
|
|
A virtual currency business licensing bill (HB701) sponsored by state Rep. Mark Wright was cleared unanimously by the state House of Representatives and now has been forwarded to the Senate Committee on Commerce, International Affairs, and Consumer Protection.
2020-5-24 19:22 | |
|
|
The global digital technology integration race is on with leading states in Europe and Asia taking the first step in developing national blockchain strategies. With the U.S. lagging behind, U.S. Representative for Kentucky's 2nd congressional district, Brett Guthrie, presented a bill titled “Advancing Blockchain Act” to the Federal Trade Commission (FTC) to enhance the study […]
2020-5-23 18:10 | |
|
|
The U.S government has begun distributing the COVID-19 stimulus checks in a bid to boost the economy. In a new development in the Lower House, Representative Rashida Tlaib (D-MI) is looking to introduce a digital wallet in the new bill titled, ‘Automatic Boost to Communities Act (ABC)” to which the $2000 extended monthly payment will […]
2020-4-19 23:40 | |
|
|
The latest US coronavirus-related bill submitted to the House of Representatives included mentions of the digital dollar, but it seems these mentions have been stripped. The latest version of the House Democrats’ Take Responsibility for Workers and Families Act was revealed on March 23, but it no longer contains anything about the digital dollar in […]
2020-3-24 19:51 | |
|
|
The customary infighting between Democrats and Republicans took a break Saturday. House Speaker Nancy Pelosi (D-CA) carried a bill through the House of Representatives with the approval of President Donald Trump.
2020-3-17 04:10 | |
|
|
A proposal to ban sports and political prediction markets issued under the Biden administration has been formally withdrawn by the Commodity Futures Trading Commission. According to a Feb. 4 statement from CFTC Chair Michael Selig, the 2024 proposal reflected what…
A senior Democratic lawmaker has launched a formal investigation into World Liberty Financial Inc (WLF), demanding information and documents over reported foreign investments and potential links between the crypto company, national security policy, and U.
U.S. Treasury Secretary Scott Bessent told lawmakers this week that the federal government lacks the legal authority to bail out Bitcoin or direct banks to purchase cryptocurrencies. His remarks emphasized the limits of government intervention as digital assets face renewed…
Stablecoins should be treated as governed, auditable money, so real-world adoption stops feeling far off and finally achieves the needed scale
Crypto exchange Bybit has announced plans to launch retail banking services on its platform starting next month. Dubbed “My Bank,” the new product has been slated for launch in February, according to CEO Ben Zhou, who announced the offering during…
Instead of a simple BTC acquisition, active treasuries may run secure networks and stake treasury assets to generate yield for investors.
The next generation of financial infrastructure isn’t just code; it’s governance, security, risk architecture, and regulation.