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Zimbabwe Government-Appointed Committee Aims to Understand Local Cryptocurrency Ecosystem
16.5.2024
The Zimbabwean government has formed a multi-stakeholder committee, tasked with consulting stakeholders in the cryptocurrency ecosystem. This committee, known as the National Risk Assessment Coordination Committee (NRACC), aims to determine the nature and extent of the cryptocurrency ecosystem...
U.S. House's McHenry Says Senate May Be Swayed if Many Democrats Back Crypto Bill
15.5.2024
The result of next week's expected vote on U.S. legislation to regulate the cryptocurrency industry will strongly influence the odds the U.S. Senate gets on board, said Rep. Patrick McHenry (R-N.C.), the chairman of the House Financial Services Committee and a leading advocate for crypto...
US Regulatory Clarity for Crypto: Landmark Legislation FIT21 Act Heads to House Vote
11.5.2024
The House Committee on Rules has decided to review the Financial Innovation and Technology for the 21st Century (FIT21) Act, paving the way for a floor vote later this month. The legislation sets a path for enhanced regulatory clarity in the U.S. crypto ecosystem, balancing robust consumer...
U.S. House's McHenry Says Bill on Crypto Market Structure Will Get Floor Vote
10.5.2024
The most comprehensive U.S. cryptocurrency legislation to so far make it through a congressional committee will get even further, with the entire House of Representatives set to vote on whether to approve it soon, according to Rep. Patrick McHenry (R-N.C.), the chairman of the House Financial...
Stand With Crypto Launches PAC To Back Pro-Crypto Politicians Ahead of November Elections: Reuters
10.5.2024
Digital asset advocacy group Stand With Crypto has launched its own political action committee (PAC) set to back pro-crypto politicians a Friday report from Reuters reveals. News of the PAC comes as crypto continues to be a significant concern for voters the lead-up to the November 2024...
Coinbase’s Stand With Crypto launches political action committee
10.5.2024
The advocacy group said it will begin officially endorsing political candidates for “common-sense crypto policy” in the U.S. Senate and House of Representatives
House Slated To Vote Today On Controversial Crypto Bulletin SAB 121 Resolution
8.5.2024
The U.S. House of Representatives is set to vote this afternoon on a resolution proposed by Representatives Wiley Nickel (D-NC) and Mike Flood (R-NE) that would see a formal disapproval of the United States Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin (SAB) 121. News of...
Indonesia Regulator Forms Crypto Committee to Monitor Industry's Operation, Compliance
8.5.2024
The committee was established by the Commodity Futures Trading Supervisory Agency, known as Bappebti, because crypto is considered a commodity in Indonesia
Crypto Mixers Targeted in U.S. House Democrats' Effort to 'Clamp Down' on Money Laundering
7.5.2024
Several Democrats on the House Financial Services Committee have a bill coming this week to target money laundering through cryptocurrency mixing services, said Rep. Sean Casten (D-Ill.), one of its backers
U.S. House Financial Services Committee Chair Patrick McHenry Blasts Gary Gensler, SEC Over ETH Security Stance
1.5.2024
House Financial Service Committee Chair Patrick McHenry has taken to X to claim United States Securities and Exchange Commission (SEC) Chair Gary Gensler “knowingly misled Congress when pressed on the classification” of Ethereum (ETH) in testimony the U.S. regulator gave to the Financial Services...
House committee ranking member says a stablecoin bill could be coming soon
25.4.2024
House Financial Services Committee Ranking Member Maxine Waters said a stablecoin bill “in the short run” was coming amid negotiations with Republican lawmakers and the Senate
Hong Kong Officials Recommends Self-Regulatory Committee for Compliance Monitoring in Crypto Industry
23.4.2024
The Hong Kong Securities & Futures Professionals Association (HKSFPA) has advocated establishing a self-regulatory committee within the city's crypto firms to enhance compliance monitoring.
The post Hong Kong Officials Recommends Self-Regulatory Committee for Compliance Monitoring in Crypto...
Leading Lawmakers From House Financial Services Committee Meet With Chuck Schumer To Discuss Stablecoin Bill: Punchbowl News
12.4.2024
Leading U.S. lawmakers from the House Financial Services Committee (HSFC) met with Senate Majority Leader Chuck Schumer Thursday afternoon to discuss their upcoming stablecoin bill, Punchbowl News has reported. Thursday's meeting marks the latest move by McHenry and Waters to advance stablecoin...
Lawmaker Highlights 2 Bills to Make US a Crypto Leader — Says Bitcoin Is ‘Unstoppable’
11.4.2024
Congressman Patrick McHenry says bitcoin is unstoppable and every regime that’s tried to shut it down has failed. He emphasized that the U.S. must become a leader in digital assets, noting that two congressional bills offer a path toward clear regulations. Two Pieces of Legislation Could...
Senator Elizabeth Warren Slams Push For Stablecoin Bill, Cites National Security Risks
10.4.2024
Senator Elizabeth Warren is criticizing the push for a stablecoin bill without anti-money laundering laws in place due to national security concerns, a letter sent on Monday to House Financial Service Committee Chairman Patrick McHenry (R-NC) and Ranking Member Maxine Waters (D-CA) reveals. Warren...
Committee on Banking, Housing, and Urban Affairs hears claims of stablecoin abuse
10.4.2024
Wally Adeyemo, the US Treasury Deputy Secretary, has released an official statement on how stablecoins are being used to avoid established security safeguards. The statement was issued before a hearing with the Senate Banking, Housing, and Urban Affairs Committee. It references various terrorist...
NEAR sets $4M for infrastructure boost with new committee
10.4.2024
The NEAR Foundation has announced a very important step towards solidifying its infrastructure: establishing the Infrastructure Committee with a pledge of $4 million for upgrading the blockchain’s basic functions. The initiative was prompted by a continuous user and transaction increase...
Crypto Industry Needs ‘Light’ Regulatory Framework to Combat Risks: US Sen. Thom Tillis
10.4.2024
Tillis stressed “light” regulation to help curb illicit crypto financing during the Senate Banking Committee meeting on Tuesday.
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Lummis: Crypto Will Erupt as Big Issue in Senate Races Including Banking Chair Brown's
9.4.2024
U.S. Senator Cynthia Lummis (R-Wyo.) said that the high-stakes Ohio election that could decide both the Senate majority and the leadership of the Senate Banking Committee is likely to dig into cryptocurrency issues, and she encouraged industry insiders to make sure it does
Aave Introduces New Proposal to Adjust MakerDAO DAI Risk Parameters
3.4.2024
Aave, a leading lending protocol, has unveiled a new proposal through its Aave Risk Framework Committee (ARFC) to adjust the risk parameters linked to the MakerDAO stablecoin, DAI.
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