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CFTC Subcommittee Sends Up Recommendations for Letting Firms Use Tokenized Shares as Collateral: Bloomberg

3.10.2024
The likes of BlackRock and Franklin Templeton could see tokenized shares of their money-market funds pledged in trading after a major group under the aegis of the Commodity Futures Trading Commission (CFTC) approved guidelines for their use, Bloomberg reported on Thursday

Pro-Crypto Lawmaker Targets Leadership of House Financial Committee in Next Term

19.3.2024
Representative French Hill of Arkansas, who currently chairs the United States House Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion, has set his sights on assuming the leadership of the full committee. The post Pro-Crypto Lawmaker Targets Leadership of House...

House Panel Chairman Tells CFPB to “Go Back to the Drawing Board” Over Stringent Crypto Oversight Proposal

14.3.2024
House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion Chairman French Hill (R-AR) lambasted the Consumer Financial Protection Bureau (CFPB), telling the independent government agency to “go back to the drawing board” regarding an oversight proposal that would...

Virginia Senate Committee Recommends Annual Funding for New AI and Crypto Commissions

19.2.2024
A Virginia Senate Committee has put forward a recommendation for an annual combined fund allocation of $39,240 to support two recently established commissions focused on artificial intelligence (AI) and cryptocurrency. The proposal, presented by a Subcommittee of Virginia’s Senate Finance...

White House Policy Group Finds Digital Assets, DLT Vital for US National Security

14.2.2024
A White House policy group highlighted critical emerging technologies for US national security in an updated report on Monday. The Fast Track Action Subcommittee’s report categorized distributed ledger technologies (DLT), digital assets, and digital payment technologies under “data...

House Financial Services Committee Members Demand More Time to Debate New Digital Payment Proposal

2.2.2024
Leading members of the U.S. House Financial Services Committee, Chairman Patrick McHenry, Subcommittee Chairman French Hill, and Representative Mike Flood, have requested an extension of the public comment period for the CFPB’s proposed rule on digital consumer payment applications. This...

Rep. French Hill Voices Optimism for Crypto Legislation Progress in 2024

30.1.2024
U.S. House Representative and Financial Services Subcommittee on Digital Assets Chair French Hill (R-AR) has voiced optimism about the progress of cryptocurrency legislation in 2024. During an event hosted by the Foundation for Defense of Democracies on Jan. 29, Hill discussed the crypto...

Congressman Warren Davidson Rails Against Treasury’s ‘Red Herring Arguments’ On Crypto

12.1.2024
Warren Davidson, Vice Chairman of the Subcommittee on Digital Assets, Financial Technology, and Inclusion of the House Financial Services Committee, has rejected the policy suggestions made by the U.S. Treasury on crypto assets, stating these seek to ban digital assets in the U.S. using unworkable...

House Financial Services Subcommittee on Digital Assets Tackles Hamas’ Illicit Cryptocurrency

15.11.2023
The House Financial Services Subcommittee on Digital Assets, Financial Technology & Inclusion convened the afternoon of Wednesday, November 15th, to discuss illicit activity in regards to cryptocurrency. Bad actors “We know that bad actors prey on vulnerabilities wherever they can find them,”...

US House Financial Services subcommittee looks for answers on crypto and crime

15.11.2023
Reports on crypto funding terrorism and blockchain forensics were confusing, but everyone agreed on the need for collaboration and regulation

US Representatives Bilirakis and Schakowsky Inquire About Apple’s Policies on Blockchain and NFTs

30.7.2023
Representatives Gus Bilirakis and Jan Schakowsky, part of the House Innovation, Data, and Commerce Subcommittee, have sent a letter to Apple requiring information and documents regarding Apple’s iOS Appstore policies on blockchain, non-fungible tokens (NFTs), and distributed ledger...

Report: South Korean National Assembly to Pass Digital Asset Law in April

31.3.2023
After several failed attempts in the past, the South Korean National Assembly is now expected to pass its digital asset market regulation in April, a report has said. Kim Hee-gon, a member of the Political Affairs Committee’s first subcommittee, said the prospects of this happening were bolstered...

Congressman Hill to 'make sure' US is the place for blockchain innovation

27.1.2023
The chair of the Financial Services Subcommittee on Digital Assets wants to make America the place for fintech and blockchain innovation

Stablecoin Regulation Is First on New Subcommittee’s To-Do List, Says Chairman

26.1.2023
French Hill, a Republican, said the newly formed subcommittee on digital assets will look to tackle stablecoins first

Today in Crypto: Digital Assets Subcommittee in the US, Iran's and Russia's Gold-Backed Stablecoin, UK Sentences Four to 15 Years in Prison

16.1.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Digital Assets Subcommittee in the US, Iran's and Russia's Gold-Backed Stablecoin, UK Sentences Four to...

House Republicans to Set New Subcommittee on Crypto, Will Have Key Role in Developing Bills

15.1.2023
The House Republicans have announced the formation of a new subcommittee dedicated to cryptocurrencies and blockchain technology. This subcommittee will have a key role in developing legislation and regulations that will govern the use of these technologies. House Republicans are set to form...

US Lawmakers Create ‘Congress’ First Ever’ Digital Assets Subcommittee

15.1.2023
U.S. Congress’ “first ever” subcommittee on digital assets has been created as part of the House Financial Services Committee. “We want to create a regulatory legal framework for digital assets … that makes America a leader from an innovation point of view but also protects...