2021-12-17 22:00 |
At his October confirmation hearing, Rostin Behnam said it was "critically important to have a primary cop on the beat" of an emerging market that included cryptocurrencies and stablecoins.
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Rostin Behnam, the nominee to lead the Commodity Futures Trading Commission (CFTC), wants the agency to have greater authority over the crypto market and be the “primary cop on the beat.” The CFTC is currently overseeing derivatives, but the Biden administration’s pick to head the CFTC said the explosive growth of digital tokens means their […] The post CFTC Chair Calls for ‘Expanding’ the Agency’s Authority as ‘Nearly 60%’ of Crypto Are Commodities first appeared on BitcoinExchangeGuide.
2021-10-28 20:36 | |
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Rostin Behnam said it was "critically important to have a primary cop on on the beat" of an emerging market that included cryptocurrencies and stablecoins.
2021-10-28 19:44 | |
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The U.S. House of Representatives is poised to vote on a resolution Wednesday to reject the Securities and Exchange Commission (SEC) cryptocurrency accounting guidance that the industry said has deterred banks from handling crypto customers, but President Joe Biden is already promising he'll veto the effort if it hits his desk.
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.
Shomari Figures, a Washington insider with a lengthy progressive resume, didn't pull in the most money in direct contributions as he sought one of Alabama's seats in the U. S. House of Representatives.
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.
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.
As the U.S. House of Representatives weighs legislation on next year's spending, a provision was added on Wednesday that would deprive funding from U.S. Securities and Exchange Commission (SEC) enforcement actions against crypto businesses.
Government officials would no longer be able to use networks developed by China that power crypto transactions, according to a new bipartisan bill.