News with the tag "Financial Service Committee"

Martin Gruenberg, the Federal Deposit Insurance Corporation (FDIC) Chairman, faces scrutiny in a high-profile House Financial Services Committee hearing. Lawmakers are calling for his immediate removal as the market participants cite his controversial role in “Operation Choke Point 2.0.” Notably, th...

Congressman Andy Barr (R-Ky.) is one of the lawmakers running to succeed U.S. House Financial Services Committee Chair Patrick McHenry (R-N.C.) as the head of the Republican wing of the committee, which oversees regulators like the Securities and Exchange Commission and is responsible for shepherdin...

The U.S. House of Representatives has approved another piece of cryptocurrency legislation with a routine voice vote, though the bill to set up a government working group to assess how to keep bad actors from using digital assets isn't likely to become a law as-is.

Rep. Patrick McHenry (R-N.C.) vowed the crypto industry won't have long to wait to get U.S. regulations, now that the U.S. House of Representatives has shown the way.

The U.S. House of Representatives is on the verge of a vote on Wednesday that is widely expected to approve comprehensive cryptocurrency legislation with bipartisan support – a major milestone for the industry – and several Democrats there are pushing their colleagues to vote yes.

The House Financial Services Committee also seemed inclined to adopt a bill giving the U.S. Secret Service more resources to investigate crypto crimes.

The House Financial Services Committee also seemed inclined to adopt a bill giving the U.S. Secret Service more resources to investigate crypto crimes.

The latest reports coming from South Korea suggest that the country is all set to introduce stricter regulations against crypto market manipulation and illegal trading. If the amount of unfair profits derived from crypto profits exceeds 5 billion won, the violators can face up to life imprisonment. ...

The idea of a digital dollar in the U.S. is so egregious to Republican lawmakers that it’s become a presidential campaign talking point and the subject of multiple bills to strangle it before it takes a first breath. But Rep. Stephen Lynch (D-Mass.) reintroduced a bill Thursday calling for the exact...

The “regulated crypto exchange” backed Gary Gensler’s viewpoint in front of Congress. But are they for real?