News with the tag "us congress"

Randy Guynn, a prominent U.S. banking attorney, has called for stablecoins to be subject to bank-level regulations. Speaking before the U.S. House Financial Services Committee, Guynn argued that stablecoins should offer the same level of safety as insured bank deposits and central bank money. Guynn ...

Over the past month and a half, the Security and Exchange Commission (SEC) has started to move from its “aggressive” and “overreaching” crypto regulatory approach to a more welcoming one. Republican Commissioner Hester Peirce has shared some new insight on the US agency’s regulatory shift and the up...

Key Takeaways: Lawmakers propose barring high-ranking officials and their families from launching or endorsing digital tokens tied to political figures. The bill is designed to address ethical concerns over conflicts of interest and the use of public office for personal gain. Although the proposal f...

House Democrats are targeting President Donald Trump’s $TRUMP meme coin with new legislation aimed at preventing top U.S. officials from profiting from digital assets. Rep. Sam Liccardo plans to introduce the Modern Emoluments and Malfeasance Enforcement (MEME) Act on Thursday, barring federal offic...

Get ready for a significant day for the crypto industry! On February 26th, all eyes in the digital asset space will be glued to Capitol Hill in Washington, D.C. Why? Because a crucial sub-committee hearing is set to take place, focusing squarely on crafting a bipartisan legislative framework for cry...

In a positive development for the crypto industry, the US Securities and Exchange Commission (SEC) plans to end its 20-month-long legal battle against crypto exchange platform Coinbase and withdraw the enforcement case, a shift from the agency’s previous “regulation by enforcement” approach. SEC To ...

Coinbase’s Chief Policy Officer (CPO) asked US lawmakers to establish a robust regulatory framework that benefits the crypto industry and American investors, suggesting six key priorities to protect users and develop the sector with clear regulations. Coinbase Urges Congress To Unlock The Industry’s...

Coinbase is pushing Congress to pass legislation that provides regulatory clarity for the cryptocurrency industry, arguing that inaction leaves consumers vulnerable and drives innovation overseas. In a two-page statement , Coinbase Chief Policy Officer Faryar Shirzad emphasized the urgent need for a...

Congress is taking steps toward passing new crypto regulations for the digital assets industry. Coinbase CEO Brian Armstrong has expressed support for the move, calling it a crucial step in securing economic freedoms for Americans. Armstrong and other Coinbase executives believe that clear legislati...

Ranking member of the U.S. House Financial Services Committee Maxine Waters has released proposed stablecoin legislation she and her colleague Patrick McHenry drafted during the previous session of Congress. She unveiled the bill on Feb. 10, the day before the Financial Services Subcommittee on Digi...