2023-6-20 20:00 |
During a session in the House of Lords, lawmakers in the upper house of the United Kingdom Parliament voiced their support for the Financial Services and Markets Bill. origin »
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The United Kingdom’s House of Lords passed the Financial Services and Markets Bill today, marking a major step in the country’s effort to regulate crypto-assets and their providers. Introduced on July 20, 2022, this legislation could impact the cryptocurrency markets considerably.
2023-6-20 23:25 | |
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Following a third reading in the House of Lords, the Financial Services and Markets Bill will return to the lower house of the U.K. Parliament for members to consider any changes.
2023-6-20 22:20 | |
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The Financial Services and Markets Bill stands to recognize crypto as a regulated activity and stablecoins as a means of payment.
2023-6-20 17:39 | |
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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.
2023-6-16 15:19 | |
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Crypto firm Prometheum’s co-founder and co-CEO Aaron Kaplan testified before the U. S. Financial Services House Committee on June 13 The “full-service market” crypto brokerage gained the spotlight after Kaplan took a pro-SEC stance in his testimony, in stark contrast to the majority of industry leaders.
2023-6-16 20:34 | |
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In a recent development, Republican members of the House Financial Services Committee have called on the U. S. Securities and Exchange Commission (SEC) to withdraw its proposed rule to redefine the term “exchange.
2023-6-15 10:10 | |
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US Rep. Brad Sherman has continued his anti-crypto stance, this time claiming in an interview with CNBC that crypto has “attracted so many charlatans and certainly needs regulation. ” The US House Financial Services Committee member made the remarks during an appearance on the ‘The Exchange’ show ahead of the Fed rate announcement.
2023-6-15 00:01 | |
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The House Financial Services hearing on “The Future of Digital Assets” contained a wealth of information on the potential future of the digital asset space in the United States. Following the recent SEC lawsuits against Binance and Coinbase, the industry has feared for the future of web3 within the U.
2023-6-14 23:54 | |
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Republicans on the House Financial Services Committee told the SEC on June 12 to rescind proposed rulemaking concerning crypto exchanges. Republicans oppose broadened definition Specifically, the lawmakers expressed concern with a proposed amendment from the U.
2023-6-14 23:45 | |
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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 | |
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Circle CEO Jeremy Allaire is set to testify before the US House Financial Services Committee today, urging lawmakers to prioritize the primacy of the US dollar and pass essential stablecoin legislation.
2023-6-13 14:12 | |
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The United States House Financial Services Committee, led by Representative Patrick McHenry, has unveiled the third draft of the stablecoin bill.
2023-6-10 19:03 | |
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As the digital asset industry continues to evolve, so too do the regulations designed to govern it. In a recent development, the US House Financial Services Committee has unveiled a revised draft of a stablecoin bill, a product of bipartisan collaboration, and a potential harbinger of comprehensive US crypto regulation. The bill is the result […]
2023-6-9 14:00 | |
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The Republican chair of the House Financial Services Committee has released a new draft of the leading U.S. legislative proposal for overseeing stablecoins, and it includes some of the positions of Democratic lawmakers.
2023-6-9 07:08 | |
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The United States House of Representatives Financial Services Committee has set the date for the hearing on cryptocurrency, aiming to address its future and bring clarity to the digital assets ecosystem.
2023-6-7 16:30 | |
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The U.S. House of Representatives committee did not disclose all the topics for discussion, but the community expects the hearing to address critical issues in the space.
2023-6-7 10:34 | |
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U.S. lawmakers aren’t yet able to reach across the chasm between Republicans and Democrats’ very different ideas for how to oversee stablecoins, despite notes of hope from both sides evident in a Thursday hearing of the House Financial Services Committee’s digital assets panel.
2023-5-19 19:45 | |
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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.
2023-5-15 15:37 | |
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House Democrats on the Financial Services Committee are considering a new version of proposed stablecoin bill weeks after Republicans on the committee introduced their own discussion draft.
2023-5-13 23:15 | |
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Coinspeaker US House Committee on Financial Services Issues Ultimatum to SEC Chair Gensler The ultimatum highlights the growing pressure on the SEC to take a more transparent approach to its regulatory activities.
2023-5-12 16:04 | |
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The U.S. House Committee on Financial Services issued a May 19 ultimatum to the Securities and Exchange Commission (SEC) chair Gary Gensler to respond to its inquiries. In a May 9 letter, the lawmakers demanded that the SEC deliver the requested internal non-public documents of its activities, including its charges against bankrupt FTX founder Sam Bankman-Fried, crypto […] The post US house financial committee gives SEC Chair Gensler ultimatum to respond to inquiries appeared first on CryptoSlate.
2023-5-12 20:31 | |
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Over the past several weeks, Congress – particularly the House Financial Services Committee – has held a number of hearings on crypto and its role in the world. Even a hearing supposedly focused on overseeing the U.
2023-5-10 01:33 | |
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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.
2023-4-29 17:27 | |
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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.
2023-5-1 01:32 | |
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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.
2023-4-29 01:32 | |
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The US House Financial Services Committee's Republican members are seeking transparency concerning the debanking of various cryptocurrency businesses.
2023-4-27 14:01 | |
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Last week’s testimony by SEC Chair Gary Gensler before the House Financial Services Committee showed that the political divide towards crypto has never been clearer. Noelle Acheson dives into why this matters now.
2023-4-26 18:04 | |
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The Bank of England and the US House Financial Services Committee are considering new rules and regulations for stablecoins. Stablecoins offer the possibility of greater efficiency and functionality in payments, but currently sit outside a regulated framework.
2023-4-26 03:01 | |
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The Republicans on the House Financial Services Committee (HFSC) brought forward a discussion draft of legislation for regulating stablecoin issuers. The bill also aims to update and clarify U.
2023-4-25 19:00 | |
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Republicans on the House Financial Services Committee are taking another swing at stablecoin legislation with a discussion draft revealed Monday afternoon, which may mark a new starting point for negotiations with Democrats.
2023-4-25 23:00 | |
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Here are the key issues as the House Financial Services Committee hears testimony about stablecoin regulation.
2023-4-19 17:29 | |
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The House Financial Services Committee has finally unveiled its stablecoin legislation, proposing a framework for stablecoin issuers such as Circle and Tether to define how their offerings can be regulated by state and federal entities, while calling for a temporary ban on algorithmic stablecoins.
2023-4-19 01:29 | |
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Five experts will testify at a hearing titled “Understanding Stablecoins’ Role in Payments and the Need for Legislation,” with two of them releasing their scripts in advance.
2023-4-19 00:29 | |
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SEC Chair Gary Gensler testified before the House Financial Services Committee as Representative Bill Posey questioned him on the collapse of the crypto exchange FTX in November 2022.
2023-4-19 22:35 | |
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Republicans on the House Financial Services Committee sent a letter criticizing Securities and Exchange Commission Chair Gary Gensler and his repeated entreaties to crypto companies to "come in and register" moments before a congressional hearing on his agency.
2023-4-19 16:56 | |
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Gary Gensler, the Securities and Exchange Commission (SEC) Chair, is pushing for additional funding to increase oversight, especially in the cryptocurrency sector. On Wednesday, Gensler told the House sub-committee on financial services that he supports President Joe Biden’s $2.
2023-4-1 00:51 | |
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"Because of actions taken by this Administration, the United States is at risk of pushing the digital asset ecosystem overseas," said Republican Financial Services Committee members.
2023-3-10 21:46 | |
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Rep. Patrick McHenry, chairman of the House Financial Services Committee, and Sen. Cynthia Lummis teamed up on a letter questioning regulators about crypto accounting policy.
2023-3-3 02:39 | |
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Representative French Hill (R-Ark.) is the chairman of the newly-formed Financial Services Subcommittee on Digital Assets.
2023-3-3 21:53 | |
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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).
2023-2-12 13:40 | |
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Strap in folks: It’s a big week. Former FTX CEO Sam Bankman-Fried and current FTX CEO John J. Ray III were supposed to speak to the House Financial Services Committee. Obviously, things didn’t quite work out that way.
2022-12-23 11:41 | |
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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.
2022-12-20 19:00 | |
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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 | |
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The chairman of the House Financial Services Committee, who is a leading Republican, has asked the Treasury Department to postpone enforcing the crypto tax provisions of the Infrastructure Investment.
2022-12-16 14:12 | |
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U.S. Republican Representative Patrick McHenry called for clarification on a “poorly” written digital asset tax provision in a letter to the Treasury.
2022-12-17 08:47 | |
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Rep. Patrick McHenry, the soon-to-be chair of the House Financial Services Committee, wrote a public letter to Treasury Secretary Janet Yellen asking her to delay the implementation of the tax provision in last year's infrastructure law.
2022-12-16 00:54 | |
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Strap in folks: It’s a big week. Former FTX CEO Sam Bankman-Fried and current FTX CEO John J. Ray III were supposed to speak to the House Financial Services Committee. Obviously, things didn’t quite work out that way.
2022-12-15 01:00 | |
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Yesterday’s testimony hearing of new FTX CEO John Ray III to the U. S. House of Representatives Financial Services Committee brought to light some new findings that are not likely to please former customers of the exchange.
2022-12-14 12:57 | |
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The United States House Committee on Financial Services heard the testimony of John Ray III, the man in charge of cleaning up the mess at the bankrupt crypto exchange FTX. As the new CEO and Chief ResThe post FTX CEO John Ray's Congressional testimony reveals SBF's poor management appeared first on AMBCrypto.
2022-12-14 12:32 | |
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U. K. ’s advertising watchdog has banned a Coinbase campaign that allegedly downplayed the risks of crypto investing and touted the exchange as a solution to the country’s cost-of-living crisis. According to the U.
UK’s Financial Conduct Authority has kicked off a consultation on proposed crypto rules that would bring the industry under formal regulatory oversight by 2027. According to a Financial Times report, the FCA unveiled three consultation papers on Tuesday with the…
The UK’s Treasury department hopes to finalize its cryptocurrency regulations by late 2027 by bringing the sector under a regulatory framework that mirrors oversight in traditional markets. According to a report from The Guardian, the crypto sector, which has been…
Kraken co-CEO Arjun Sethi argues that the U.K’s rules on the promotion of virtual assets is hurting the consumer experience and may deter potential users from investing in crypto. According to a report by the Financial Times, Kraken co-CEO Arjun…
If the UK softens its stance towards stablecoins, it could pose risks to financial stability and trigger a credit crunch, according to the Bank of England’s deputy governor, Sarah Breeden, who has recently defended the central bank’s proposed holding limits…
Zhimin Qian, the Chinese “cryptoqueen” arrested for masterminding a $5.5 billion Bitcoin scam, has received an 11-year jail sentence in the U.K.
Coinbase is taking another step toward blending crypto with everyday finance in the UK with the introduction of a new savings account for GBP balances. Coinbase has introduced a new savings account product for customers in the United Kingdom, offering…