Will Stablecoins Be Tethered to the Fed? Lawmakers Have Circled That Option

2022-7-28 15:30

Companies issuing stablecoins would have to deal with the Federal Reserve as the chief oversight agency in the current version of a bill being developed in the U. S. House of Representatives, say people familiar with the talks. origin »

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stablecoins bill version current agency being representatives

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Источник: coindesk.com

stablecoins bill → Результатов: 42

US: New Bill Proposes Exhaustive Regulatory Framework for Stablecoins

The regulator noose continues to tighten around stablecoins. New Bill Seeks Complete Control Over Fiat-Pegged Stablecoins A new bill floated by U. S. House Democrat Don Beyer of Virginia seeks to establish a thorough and far-reaching regulatory framework around dollar-pegged stablecoins.

2021-7-31 01:00	УС
stablecoins bill new around framework seeks regulatory

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New bill proposes US Treasury to have full authority over fiat stablecoins

The bill also calls for the Federal Reserve to be vested with the clear authority to issue a digital dollar.

2021-7-30 13:29	United States
authority bill federal calls reserve dollar issue

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Stablecoins Must Meet Appropriate Financial Regulations, Says U.S Presidential Advisory Group

The financial working group of the US government has indicated that Stablecoins must meet certain regulatory standards to be accepted in the country. This comes after the controversial stablecoin bill that has been proposed by US lawmaker Talib Rashid.

2020-12-27 12:00	StableCoin
stablecoins group financial must meet controversial comes

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New Draft U.S. Law Will Make It Illegal To Issue Stablecoins Without Federal Reserve Approval

Three U. S. lawmakers have introduced a bill that will force private stablecoin issuers to obtain a banking charter (or license) and approval from the Federal Reserve before they can issue a stablecoin.

2020-12-4 12:15	US Federal Reserve
reserve approval stablecoin federal issue banking issuers

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New Draft U.S. Law Will Make It Illegal to Issue Stablecoins Without Federal Reserve Approval

2020-12-4 12:15	US Federal Reserve
reserve approval stablecoin federal issue banking issuers

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US congresswoman introduces a new bill to ban illegal stablecoins

Rachida Tlaib, Michigan’s House Representative, alongside congressmen Jesus Garcia and Stephen Lynch, have introduced a new bill in Congress to ban the use of illegal stablecoins. A press release unveiled this news on December 2, noting that this bill seeks to improve protection for US citizens against the risks associated with the rapidly growing crypto market in the US.

2020-12-5 12:00	Cryptocurrency
bill illegal stablecoins ban new seeks noting

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US lawmakers seek to make stablecoins illegal without federal approval

A new bill introduced to Congress seeks to control the entire stablecoin industry by requiring all related activities to obtain federal approval first

2020-12-4 06:36	Regulation
federal approval industry stablecoin entire requiring obtain

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Crypto Payment Processor BitPay Sees More Use in Stablecoins than Layer-2 Solutions

Bill Zielke, BitPay’s Chief Marketing Officer, revealed on Thursday this week that the company was not planning to integrate the layer 2 Bitcoin channels. Bill explains that Bitcoin transactions dominate the customers’ preference hence no rush to switch despite the fees reaching highs of $7 after a 256% spike earlier in the month. The company […]

2020-5-30 22:47	BitPay
bill company bitcoin bitpay customers preference hence

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Lawmakers Considering to Classify Stablecoins as Securities

Stablecoins may became a security, if lawmakers’ efforts are successful. Garcia and Gooden presented their bill to the House Financial Services Committee at the end of November, and spoke at a committee hearing on the topic of big data in the financial industry.

2019-12-2 02:14	Legal & Regulation
committee lawmakers financial stablecoins services spoke data

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New Bill ‘Managed Stablecoins Are Securities Act’ Could Put Facebook’s Libra Under SEC Purview

Lawmakers from the United States have recently introduced a new bill that has the goal of putting Facebook’s new stablecoin project Libra under the U. S. Securities Law. If the law is passed, Libra would be regulated by the U.

2019-11-21 22:18	Facebook
new libra securities under facebook law sec

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US Congress Considers a Draft Bill Claiming Stablecoins Are Securities

US lawmakers are considering a new draft bill that classifies all managed stablecoins as securities ahead of tomorrow’s Zuckerberg hearing

2019-10-23 00:31	Regulation
securities bill stablecoins draft ahead hearing managed

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New Crypto Bill Sent to Congress Looks to Classify Stablecoins as Securities

Sylvia Garcia, a Democrat lawmaker from Texas, has recently introduced to Congress a bill that may cause several issues for the crypto market. According to this new bill, cryptocurrencies pegged to fiat currencies, commonly known as stablecoins, would be considered securities.

2019-10-23 00:12	Legal & Regulation
bill securities new introduced stablecoins crypto congress

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US Lawmaker Introduces Bill Classifying Stablecoins as Securities

A draft bill published Tuesday would regulate stablecoins under the Securities Act of 1933.

2019-10-23 21:25	Stablecoins
securities stablecoins bill under regulate act 1933

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Germany Passes Bill to Block Parallel Currency

Germany approved a comprehensive blockchain strategy to ban the creation of stablecoins or other assets that work as parallel currencies.

2019-9-18 13:13	News
parallel germany stablecoins currencies work creation assets

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California Lawmakers Introduce Assembly Bill 953 For Cannabis Companies To Use Stablecoins For Payments

Assembly Bill 953 For Weed And Stablecoins California lawmakers recently introduced a new bill aimed at cannabis companies. Lawmakers introduced Bill 953 on February 21 and under the bill, cannabis-related businesses will be able to use stablecoins to pay taxes and other fees.

2019-3-5 00:30	News
bill stablecoins 953 lawmakers introduced california assembly

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California Bill Would Legalize Crypto for Tax Payments From Cannabis-Related Businesses

A new bill in the California State Assembly would allow tax payments from cannabis-related businesses in stablecoins

2019-3-1 03:55
california payments cannabis-related businesses tax bill assembly

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Dogecoin Price Gains on Bitcoin Yet Loses USD Value

As the overarching cryptocurrency market slump continues, there is a growing demand for assets which are perceived at stable Although stablecoins would usually fit that bill, Dogecoin also makes an interesting case for itself.

2018-12-14 23:22	dogecoin price
dogecoin value although price bitcoin gains yet

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UK Introduces Bill to Clarify Crypto's Legal Status

The Labour government said the bill will give owners of bitcoin and other digital assets greater legal protection.

Tulip Siddiq Appointed as UK City Minister With Responsibity for Financial Services, Crypto

U.K. Prime Minister Keir Starmer appointed Tulip Siddiq as the City Minister, a role that oversees financial services including crypto.

Taiwan Crypto Advocacy Body Becomes Formally Active With 24 Entities

Taiwan's crypto advocacy body, the Taiwan Virtual Asset Service Provider Association, has been formally established and the founding meeting held with 24 cryptocurrency-related entities.

Binance Could Come Back to India by Paying $2M Fine: Report

The exchange could return as a FIU-registered firm after paying the fine, the report added.

Canadian Province Asks QuadrigaCX Co-Founder to Explain His Wealth in New Order

This is the third test for the Province's new tool to combat money laundering.

U.S. CBDC Is Unlikely in the Near Term: Bank of America

The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.

India's Controversial Crypto Tax Should Be Cut After Failing to Achieve Aims, Think Tank Urges

India's most controversial crypto tax, the 1% TDS levy deducted at source, should be lowered to 0.01%, according to the findings of a new study.

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2022-7-28 15:30

stablecoins bill → Результатов: 42

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