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Nalezeno "financial services": 775

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

17.5.2023
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 retail trading should be regulated as gambling: UK lawmakers

17.5.2023
The volatility and purported lack of intrinsic value of most crypto assets make it particularly risky for consumers, the politicians claimed

Leaked Memo Suggests Democrats on US House Committee Were Told to Support Party Position on Crypto Regulation

13.5.2023
Democratic Party members of the U.S. House Committee on Financial Services were handed a memo instructing them to back the party’s position on crypto regulation moments before the commencement of the hearings on May 10. According to the party’s leaked memo, Democrats on the committee...

House Democrats Consider New Stablecoin Bill Proposal: Source

12.5.2023
House Democrats on the Financial Services Committee are considering a new version of proposed stablecoin bill weeks after Republicans on the committee introduced their own discussion draft

US House Financial Services Committee Chair Rep. McHenry Accuses SEC Chair of Avoiding Answering Questions

11.5.2023
House Financial Services Committee Chair Patrick T. McHenry accused US Securities and Exchange Commission Chair Gary Gensler of avoiding requests for information about cryptocurrency-related matters, going so far as to threaten a hearing if they don’t hear back soon.... Read More: US House...

Previewing Congress's Joint Crypto Regulation Hearing

10.5.2023
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...

Kraken Chief Legal Officer and Former CFTC Chair To Testify at Joint House Congressional Hearing

9.5.2023
Top legal officers and a former regulator are slated to testify in front of US congressional committees on Wednesday to unpack digital asset regulation following ongoing tension between the industry and federal agencies. The House Financial Services Subcommittee on Digital Assets, Financial...

BNP Paribas teams up with Bank of China to promote digital yuan usage

5.5.2023
The partnership will enable BNP Paribas China's corporate clients to make payments using the digital yuan through an e-CNY management system

House Financial Services and Agriculture Subcommitees To Hold Digital Assets Hearing

4.5.2023
A House Financial Services Committee panel together with a House Agriculture subcommittee plan to unpack digital asset regulation during a hearing next week. Both of those subcommittees’ digital asset focused subcommittees will jointly hold the hearing titled “The Future of Digital Assets:...

US House Financial Services Committee Says Crypto Bill Coming in "Next Two Months" – Here's What You Need to Know

29.4.2023
The US House Financial Services Committee and House Agriculture Committee are set to introduce comprehensive legislation to oversee the cryptocurrency sector in the next two months. Before unveiling the new bill, the two committees will hold a joint public hearing, which is scheduled to start...

Why the Politics of Crypto Feels Different This Time

26.4.2023
Last week’s testimony by SEC Chair Gary Gensler before the House Financial Services Committee showed that the political divide towards crypto has never been clearer. Noelle Acheson dives into why this matters now

Europe ‘Ahead of the Game’ in Web3 After MiCA Law, U.S. House Finance Chair Says

25.4.2023
Patrick McHenry is seeking to push his own stablecoin bill through Congress but faces Democrat skepticism

House Republicans Make Case on Stablecoin Bill After Democrats Called for Do-Over

24.4.2023
Republicans on the House Financial Services Committee are taking another swing at stablecoin legislation with a discussion draft revealed Monday afternoon, which may mark a new starting point for negotiations with Democrats

Bank of Korea given right to investigate local crypto firms: Report

24.4.2023
The South Korean central bank will be able to access crypto transaction data from exchanges operating in the country

How is artificial intelligence revolutionizing financial services?

22.4.2023
This article explores how artificial intelligence is transforming the financial services industry, from fraud detection to customer service and beyond

Report: Korean Central Bank to Gain Right to Probe Virtual Asset Entities After Financial Regulator Drops Opposition

22.4.2023
The South Korean central bank is set to be granted the right to investigate virtual assets after the Financial Services Commission (FSC) dropped its opposition to the move. According to a report, the FSC dropped its opposition to the central bank’s bid after it was accused of seeking to make...

Bitcoin Financial Services Provider Unchained Raises $60 Million Amid More Bullish Market Sentiment – Bull Market Starting?

20.4.2023
As the bullish sentiment slowly returns to the crypto markets, the Unchained platform announced its latest funding round, raising millions to expand its Bitcoin (BTC) financial services. ... Read More: Bitcoin Financial Services Provider Unchained Raises $60 Million Amid More Bullish Market...