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US House Financial Services Committee Passes Stablecoin Legislation ‘After a Few Fireworks’

28.7.2023
The U.S. House Financial Services Committee has passed Chairman Patrick McHenry’s Clarity for Payment Stablecoins Act with bipartisan support. McHenry said committee members, unlike the White House, understood the urgency and importance of providing clarity for payment stablecoins. Sheila...

'Historic week' as stablecoin, self-custody bills advance to House floor

28.7.2023
The bills aim to create a regulatory framework for payment stablecoins and enshrine rights for crypto users to self-custody digital assets

U.S. Stablecoin Bill Takes Big Step Despite Fight From Democrats, White House

28.7.2023
House lawmakers cleared stablecoins legislation for the next step in its route through Congress on Thursday, though the House Financial Services Committee moved the bill toward a potential floor vote without bipartisan support as Chair Patrick McHenry (R-N.C.) blamed White House objections for...

Disgraced U.S. Congressman George Santos Involved Crypto in Nigerian Prince-Like Scheme: NYT

27.7.2023
A source told The New York Times that Santos and two others appeared to try a crypto-centric version of the classic Nigerian prince email scam

Crypto Bill Advances Out of House Agriculture Committee

27.7.2023
The House Agriculture Committee advanced the Financial Innovation Technology for the 21st Century Act, a day after the House Financial Services Committee did

'Pro crypto bill' passes out of US House Agriculture Committee

27.7.2023
The Republican bill, dubbed FIT for the 21st Century, was drafted by two House committees and passed after strenuous preparations by members of both parties

Rep. Patrick McHenry blames White House for lack of urgency on stablecoin bill negotiations

27.7.2023
Republican leadership has blamed the Biden administration for not having a "sense of urgency" on stablecoins, while the Democratic response suggested "impatience" by lawmakers

White House Derailed Negotiation on U.S. House Stablecoin Bill: McHenry

27.7.2023
The move comes a day after the finance-focused lawmakers agreed bills on crypto market structure

US House Financial Services Committee Approves First Crypto Regulatory Framework Bill

27.7.2023
A key US House Committee on Wednesday passed a bipartisan bill to ensure regulatory clarity for cryptocurrencies. The House Financial Services Committee approved a Republican-led bill in a 35-15 vote, with support from some Democrats including Jim Himes of Connecticut and Ritchie Torres of...

Crypto bills pass congressional committee in 'huge win' for US crypto

27.7.2023
Two crypto regulatory bills have been passed by the United States House Financial Services Committee United States in one day

House Financial Services Committee Votes in Favor of Crypto, Blockchain Bills

27.7.2023
The House Financial Services Committee advanced a set of crypto bills after a landmark markup on Wednesday

White House Says US Policy Allows Partners to Seek BRICS Membership

27.7.2023
The White House has affirmed that U.S. policy does not ask partners to choose between the U.S. and other countries, including the BRICS nations. “The U.S. does not want to limit countries’ partnership with other countries,” said Press Secretary Karine Jean-Pierre. More than 40 countries have...

Two more crypto bills in the US: Law Decoded, July 17–24

24.7.2023
Last week was marked by two new legislative initiatives for the crypto industry in the United States

AI companies commit to safe and transparent AI, White House reports

22.7.2023
The Biden Administration emphasized the responsibility of these companies in ensuring the safety of their products

Today in Crypto: US Justice Department Revamps National Crypto Enforcement Team, Wormhole Releases Gateway Developed within Cosmos, Indonesia's Stock Market and Clearing House for Digital Assets Finally Operational

21.7.2023
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: US Justice Department Revamps National Crypto Enforcement Team, Wormhole Releases Gateway Developed within...

US House Republicans Introduce Landmark Bill for Regulating Crypto: The Financial Innovation and Technology for the 21st Century Act

21.7.2023
On Thursday, Senior House Republicans presented legislation to resolve the regulatory ambiguity surrounding the digital asset industry. The proposed bill calls for mandatory definitions of "blockchain" and "digital asset" to be included within the existing financial laws by market regulators....