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Judge Postpones Asset Freeze as Binance US and SEC Agree to Work on Deal


A judge in Washington decided to give Binance US and the Securities and Exchange Commission (SEC) time to work out a deal to avoid the freezing of the exchange’s assets. The two sides are close to an agreement that will protect customer funds without paralyzing the crypto trading platform. Crypto...

US Lawmakers To Hold Digital Asset Spot Market Hearing Next Week


US lawmakers are slated to discuss digital asset spot markets during a congressional hearing next week. The House Agriculture Committee will hold a hearing on June 6 titled “The Future of Digital Assets: Providing Clarity for Digital Asset Spot Markets.” The committee has jurisdiction over...

U.S. Hearing Highlights Stablecoin Rift in Competing House Bills


U.S. lawmakers aren’t yet able to reach across the chasm between Republicans and Democrats’ very different ideas for how to oversee stablecoins, despite notes of hope from both sides evident in a Thursday hearing of the House Financial Services Committee’s digital assets panel

Rep. Maxine Waters Ushers In Stablecoin Bill Ahead of Thursday House Hearing


Rep. Maxine Waters is ushering in a draft bill to regulate stablecoins ahead of a House hearing this week. The California Democrat’s draft bill would “provide requirements for payment stablecoin issuers, research on a digital dollar, and for other purposes,” according to a committee memo...

Crypto Self-Regulatory Organization Plan Floated in US House Hearing


US lawmakers drifted the idea of regulating cryptocurrency through a self-regulatory organization putting both the Securities and Exchange Commission and the Commodity Futures Trading Commission in charge. Rep. Stephen Lynch, D-Mass., asked former CFTC Chair Timothy Massad what measures would...

Previewing Congress's Joint Crypto Regulation Hearing


Over the past several weeks, Congress – particularly the House Financial Services Committee – has held a number of hearings on crypto and its role in the world. Even a hearing supposedly focused on overseeing the U.S. Securities and Exchange Commission instead mostly saw questions on crypto...

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