2023-8-29 23:05 |
The committee members suspect the Fed is trying to hold up Congressional efforts to pass stablecoin legislation by restricting banks’ actions. origin »
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Leading Republican House Financial Services Committee members have voiced deep concerns over recent actions taken by the Federal Reserve Board (Fed) that they believe undermine the progress made by Congress in establishing a regulatory framework for payment stablecoin.
2023-8-29 04:00 | |
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Coinspeaker Ripple CTO Schwartz Comments on Requirements Issued by Fed on Banks Transacting with PayPal Stablecoin David Schwartz seems unsurprised that the Fed is reacting negatively to the new stablecoin issued by PayPal.
2023-8-14 16:44 | |
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The Fed warned that a stablecoin crisis could wreak havoc on the global economy and outlined the steps issuers must take to protect the status quo.
2019-11-16 00:00 | |
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Stephen Moore, Trump’s initial nominee for the post of Federal Reserve Chairman and close campaign advisor, has announced his latest venture – Frax – that runs a U. S. dollar stablecoin.
2019-10-22 13:37 | |
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Stephen Moore, whose failed bid to join the Fed imploded within months, has a new plan to disrupt global finance: a fractional reserved-backed stablecoin.
2019-10-22 01:30 | |
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The former pick of President Donald Trump for the Federal Reserve (Fed), Stephen Moore, has recently affirmed that he will issue a new stablecoin, which is set to be backed by a fractional reserve. Moore is set to partner with Ralph Benko, a former deputy general counsel from the Reagan era, and with Sam Kazemian, […]
2019-10-22 23:52 | |
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The US Federal Reserve Governor Lael Brainard said yesterday that Facebook must overcome a “core of legal and regulatory challenges” before facilitating payments with its ‘cryptocurrency’ Libra.
2019-10-17 13:44 | |
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South Dakota lawmakers are once again weighing whether Bitcoin should play a role in managing public funds. On Jan. 27, State Representative Logan Manhart reintroduced a bill that would allow South Dakota to invest a portion of its state-managed funds…
A senior U.S. senator is urging banking regulators to halt review of a crypto firm’s bank charter, citing unresolved conflicts tied to President Trump. A dispute over crypto regulation and presidential business ties is now moving directly into the banking…
The US Supreme Court returns from a four-week break on Jan. 9 with a potentially consequential economic ruling: whether the President Donald Trump administration lawfully imposed sweeping tariffs under emergency powers, or whether those duties on hundreds of billions in imports violated Congressional limits.
California Governor Gavin Newsom signed SB 822 into law on Oct. 11, making it the first state in the US to prevent the forced liquidation of unclaimed crypto. The statute updates California’s Unclaimed Property Law to require that dormant crypto turned over to the state be held as crypto, not automatically converted to cash.
Missouri lawmakers have passed a sweeping tax bill that exempts capital gains from state income tax and sent it to Gov. Mike Kehoe for signature. The measure, a top priority for House Republicans, passed the House Wednesday with only GOP…
Сообщение New York Proposes Groundbreaking Legislation to Accept Cryptocurrency Payments появились сначала на Coinstelegram.
North Carolina has become the latest U. S. state to explore crypto investments for public pension funds, with lawmakers introducing two bills to allow allocating up to 5% of certainfunds to digital assets.