US Lawmaker: Americans Don’t Need CBDC That Can Track Purchases Like China’s Digital Yuan
Several lawmakers have expressed issues in regards to the privateness dangers of the Federal Reserve issuing a central financial institution digital foreign money (CBDC). “Americans...
Biden’s Regulators Urged to Work With Congress on Crypto Regulation
Quite a lot of U.S. lawmakers have urged regulators, together with the Securities and Exchange Commission (SEC), to work with Congress on crypto regulation. “Chair...
US Representative Patrick McHenry: Stablecoins ‘Hold Promise as a Pillar of Our 21st-Century Payments System’
Representative Patrick McHenry, chairman of the House Financial Services Committee, weighed in positively on the launch of PYUSD, a dollar-pegged stablecoin issued by Paypal, a...
Poll: Majority of Americans See US Economy in Decline
Despite months of more and more optimistic financial indicators, a majority of Americans nonetheless imagine the economic system is worsening, in keeping with a brand...
US Representatives Bilirakis and Schakowsky Inquire About Apple’s Policies on Blockchain and NFTs
Representatives Gus Bilirakis and Jan Schakowsky, a part of the House Innovation, Data, and Commerce Subcommittee, have despatched a letter to Apple requiring data and...
US House Committee Passes ‘Keep Your Coins Act’ to Protect Right to Self-Custody Crypto
The U.S. House Committee on Financial Services has handed the Keep Your Coins Act of 2023 to guard the self-custody of crypto. “Those attacking self-custody...
US Lawmakers Call on Congress to Pass Crypto Law Following SEC v Ripple Ruling on XRP
Several U.S. lawmakers have referred to as on Congress to cross crypto laws following the court docket ruling on the U.S. Securities and Exchange Commission...
US Senator Expresses Concern Over Prometheum Co-CEO’s Congressional Testimony
On Monday, U.S. senator Thomas Tuberville (R-AL) revealed an open letter to U.S. legal professional normal Merrick Garland and Securities and Exchange Commission (SEC) chairman...
Janet Yellen Urges Congress to Enact Stricter Regulations for Crypto Industry Amid SEC Shakedown
In a latest assertion, former U.S. Federal Reserve chair and present Treasury secretary, Janet Yellen, expressed her want for Congress to enact extra regulatory measures...
Biden, Republicans Strike Tentative Deal to Raise US Debt Ceiling
The White House and House Republicans have reached an settlement in precept to boost the U.S. debt ceiling. Described by President Joe Biden as “excellent...