Search
Fear of blockchain will have 'disastrous consequences' — Ava Labs CEO testimony
13.6.2023
Gün Sirer says the U.S. “won the first wave of the internet revolution” because it enabled responsible innovation. Now, it must do the same with blockchain
House Republicans Introduce Bill To Fire US SEC Chair Gary Gensler and Make Other Reforms
12.6.2023
House Republicans filed a bill on Monday that would fire US Securities and Exchange Commission Chair Gary Gensler and restructure the agency.
Reps. Tom Emmer and Warren Davidson introduced the SEC Stabilization Act, to “remove Chairman Gensler following his long series of abuses that have been...
US House Financial Services Committee Republicans Reach Some Compromise With Democrats on Latest Version of a Stablecoin Bill
9.6.2023
The House Financial Services Committee under its Republican leadership has dropped a new version of its stablecoin bill after receiving feedback from its Democratic members.
The bill, which is still a discussion draft, would regulate payment stablecoins specifically, and would allow state...
New Stablecoin Bill Drafted by House Republicans as Compromise With Democrats
9.6.2023
The Republican chair of the House Financial Services Committee has released a new draft of the leading U.S. legislative proposal for overseeing stablecoins, and it includes some of the positions of Democratic lawmakers
Draft Legislation From House Republicans Drums Up Support From Crypto Advocates
3.6.2023
New draft legislation is drumming up support among cryptocurrency advocates who cheered its focus on defining what constitutes a security versus a commodity.
Republican lawmakers teamed up on Friday in the US House Financial Services Committee and the House Agriculture Committee on a discussion...
House Republican Leaders Release Discussion Draft To Draw Clear Lines on Digital Asset Definitions
2.6.2023
Republican lawmakers teamed up in the US House Financial Services Committee and the House Agriculture Committee on a discussion draft to regulate digital assets.
The legislation, released on Friday, seeks clarity on when a digital asset would be considered a security and thereby regulated by...
U.S. House Republicans Push for Crypto Oversight With Bill to Make SEC Play Ball
2.6.2023
Crypto exchanges would gain a path to registering with the U.S. Securities and Exchange Commission (SEC) and would be able to trade digital securities, commodities and stablecoins all in one place under a proposal from the Republican chairs of the two House of Representatives committees trying...
US Lawmakers To Hold Digital Asset Spot Market Hearing Next Week
1.6.2023
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...
A House Bill Would Make It Harder for the SEC to Argue Crypto Tokens Are Securities
31.5.2023
The five-page, bipartisan Securities Clarity Act by Representatives Tom Emmer and Darren Soto would significantly reduce uncertainty for both crypto investors and issuers, write Bain Capital Crypto’s Tuongvy Le and Khurram Dara
Lawmakers Reveal Differences on Stablecoin Bills in House Hearing — Will They Find Consensus?
18.5.2023
House Democrats and Republicans are seemingly divided on how to regulate stablecoins but are finding consensus that some form of legislation is needed.
House Financial Services Committee Chair Patrick McHenry, R-N.C., and former chair of that committee Rep. Maxine Waters, D-Calif., worked together...
U.S. Hearing Highlights Stablecoin Rift in Competing House Bills
18.5.2023
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
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...
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...
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