Lawmaker Highlights 2 Bills to Make US a Crypto Leader — Says Bitcoin Is ‘Unstoppable’
Congressman Patrick McHenry says bitcoin is unstoppable and each regime that’s tried to close it down has failed. He emphasised that the U.S. should change...
US Lawmakers Press Treasury Secretary Janet Yellen on Crypto Oversight Gaps
Four U.S. lawmakers have pressed Treasury Secretary Janet Yellen relating to crypto oversight gaps. The Financial Stability Oversight Council (FSOC), which Yellen chairs, has issued...
House Financial Services Committee Members Demand More Time to Debate New Digital Payment Proposal
Leading members of the U.S. House Financial Services Committee, Chairman Patrick McHenry, Subcommittee Chairman French Hill, and Representative Mike Flood, have requested an extension of...
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 Congress Members Clash on the Potential Effect of Proposed Tax Rules on the Crypto Industry
Members of the U.S. Congress have expressed considerations in regards to the potential issues that implementing the newly proposed crypto tax reporting necessities may create...
Former US OCC Officials: ‘Stablecoins Can Keep the Dollar the World’s Reserve Currency’
Brian Brooks and Charles Calomiris, former officers on the U.S. Office of the Comptroller of the Currency (OCC), have acknowledged stablecoins may be instruments which...
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...
US House Financial Services Committee Passes Stablecoin Legislation ‘After a Few Fireworks’
The U.S. House Financial Services Committee has handed Chairman Patrick McHenry’s Clarity for Payment Stablecoins Act with bipartisan assist. McHenry mentioned committee members, in contrast...
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...
House Financial Services Republicans Blast SEC’s Proposed Rule, State Gensler Is Pushing ‘His Own Personal Views Regarding Digital Assets’
Republicans of the House Financial Services Committee have criticized U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, stating he’s utilizing Rule 3b-16 amendments to...