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Despite Government Shutdown Worries, Stablecoin Legislation Pushed by McHenry


The US House of Representatives’ Financial Services Committee Chair Patrick McHenry on Friday reaffirmed his commitment to regulating stablecoins, despite a potential government shutdown looming at the time. Speaking at a forum organized by stablecoin issuer Circle in New York, McHenry stated that...

U.S. House Bill Seeks Centralized Record of Off-Chain Crypto Transactions


It would be hard for a big exchange to repeat an FTX collapse if the firm’s internal flow of crypto assets was also reported to an outside repository that U.S. regulators could see. That’s the idea behind new legislation from Rep. Don Beyer (D-Va.) that would force exchanges to share the movement...

U.S. CBDC Efforts Opposed in Legislation Advanced by House Republicans


A crypto-related bill meant to stifle a future U.S. central bank digital currency is now heading toward consideration on the floor of the U.S. House of Representatives after committee approval Wednesday, marking further progress for digital assets legislation in Congress

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