Cryptocoins News / The Cointelegraph - 7 months ago
The bill would limit the Fed from issuing a CBDC, which Tom Emmer called a surveillance tool that would “undermine the American way of life.” Legislation aimed at prev...
Bitcoin News / Bitcoinist - 7 months ago
In a recent statement, Congressman Tom Emmer, a prominent figure in the GOP and a staunch advocate for crypto, expressed his concerns regarding the actions of Securities and Exchange Commission (SEC) Chair Gary Gensler.
Emmer accused Gensler of abus...
Bitcoin News / Bitcoinist - 7 months ago
US Congressman and popular crypto advocate Tom Emmer has stated his intentions to introduce an appropriations amendment that limits the ability of the US Securities and Exchange Commission to deploy funds on digital asset enforcement.
SEC Chairman Ab...
by COINS NEWS - 7 months ago
There are several bills in Congress that will change the crypto-verse. The most important is HR 4763, aka the Financial Innovation and Technology for the 21st Century Act. Among many aspects, this bill is finally going to determine the rules for the...
Cryptocoins News / The Cointelegraph - 8 months ago
The former pro soccer player said in a congressional hearing that his likeness was improperly used to market an allegedly fraudulent crypto scheme. Retired pro soccer...
Bitcoin News / Bitcoin.com - 8 months ago
A number of U.S. lawmakers have urged regulators, including the Securities and Exchange Commission (SEC), to work with Congress on crypto regulation. “Chair Gensler’s regulation by enforcement is unlawful and does nothing to protect...
Bitcoin News / Bitcoin.com - 8 months ago
Members of the U.S. Congress have expressed concerns about the possible problems that implementing the newly proposed crypto tax reporting requirements could create in the entire industry. Patrick McHenry, Cynthia Lummis, and others reacted different...
by COINS NEWS - 8 months ago
Just in the past few months, a flurry of crypto-related bills has been brought before the US Congress. Each of these could have wide-ranging effects on the future of crypto, so I did a bit of research on them. HR 4763: known as the “Financial Innov...
by COINS NEWS - 8 months ago
3 months ago, we had a hearing about the future of digital assets in which congressman Brad Sherman said "Crypto bros ... made over a trillion dollars out of thin air," "They'll accuse the U.S. government of making money out of th...
Bitcoin News / Bitcoin.com - 8 months ago
U.S. Congressman Warren Davidson has railed against central bank digital currencies (CBDC), stating that enacting a ban on these instruments is “essential” for the future of the fintech industry in America. Davidson explained that many pe...
Cryptocoins News / The Cointelegraph - 8 months ago
If approved, the legislation would make crypto assets held by Brazilians overseas subject to the same tax rules governing traditional assets. Brazilian lawmakers are m...
by COINS NEWS - 8 months ago
TL;DR Over the last few days and today in particular comments have been made about stablecoins with PayPal getting the main focus. This area of legislation was addressed at the end of July in the House Financial Services Committee with a BIPARTISAN b...
by COINS NEWS - 8 months ago
US Congressman Patrick McHenry has released a statement calling the Stablecoin a “pillar of our 21st-century payment system.” He stated that the arrival of PayPal’s PYUSD is a “clear signal” of the overall potential of the asset in the modern world....
Bitcoin News / Bitcoinist - 9 months ago
In a notable move that highlights the growing acceptance and potential of stablecoins in modern payment systems, PayPal has announced the launch of its payment stablecoin PYUSD.
This development comes shortly after the House Financial Services Commi...
Cryptocoins News / The Cointelegraph - 9 months ago
In a 35–15 vote, the House Financial Services Committee approved the Financial Innovation and Technology for the 21st Century Act. Last week, the United States took a...