Rep. McHenry gives progress report on stablecoin legislation, says it’s an ‘ugly baby’

Rep. McHenry gives progress report on stablecoin legislation, says it’s an ‘ugly baby’
ôîòî ïîêàçàíî ñ : cointelegraph.com

2022-10-14 00:00

The ranking member of the House Financial Services Committee praised the bipartisanship behind the coming bill, but says there are “complex conversations” ahead.

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says praised bipartisanship ahead committee financial services

Èñòî÷íèê: cointelegraph.com

says praised → Ðåçóëüòàòîâ: 15


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Goldman Sachs Thinks Blockchain Is The Greatest Thing Since The Internet And Holds The Key To The Future Of The Metaverse

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Regulators Can’t Ignore Bitcoin Anymore, Says Congressman Kevin McCarthy

As the cryptocurrency industry continues to grow, so too does the mainstream attention towards it. Bitcoin in particular has been praised by many whilst simultaneously drawing the ire of others. It should come as no surprise that governmental and regulatory bodies all over the world would want to get involved in controlling cryptocurrencies such as […]

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‘I Like Bitcoin,’ Says House GOP Leader McCarthy while Criticizing Facebook’s Libra

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Ethereum ‘Catalyzed’ Crypto Bull Market, Says Circle CEO Allaire

Circle CEO Jeremy Allaire has publicly praised Ethereum, countering cryptocurrency community criticism of the network and its perspectives this week. Allaire Bullish On Ethereum In comments to CNBC’s Fast Money segment, Allaire, whose Circle has renewed its thrust into the cryptocurrency industry this year, attributed 2017’s market success to Ethereum development.

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The Ever-Dwindling Chances for a Stablecoin Law

Last week, U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) introduced a joint bill addressing how stablecoins could be regulated in the country. It's the latest effort to try and get something done in the U.S. legislative front – but is it enough?

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The U.S. congressional effort to establish regulations for stablecoins has become an increasing longshot for passage this year, but the lawmakers who've pushed legislation the farthest reportedly had a meeting with Senate Majority Leader Chuck Schumer about it, Punchbowl News reported.

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