News list for " House of Representatives"

US lawmakers are urging the Federal Deposit Insurance Corporation (FDIC) to implement clearer regulations on digital assets

According to News.bitcoin, House Financial Services Committee Chairperson French Hill and Representatives Dan Meuser, Andy Barr, and Bryan Steil have urged the Federal Deposit Insurance Corporation (FDIC) to implement clearer regulations on digital assets. In a letter to FDIC Acting Chairperson Travis Hill, lawmakers expressed concern about federal regulators forcing banks to deny services to cryptocurrency-related businesses, a practice known as "banning bank accounts."

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2025-02-22 07:25:41
The US House Committee will hold a hearing on the digital payments ecosystem on March 11

The US House of Representatives committee will hold a hearing on the digital payments ecosystem on March 11.

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2025-02-21 16:29:56
U.S. lawmakers have criticized Trump's Meme coin as a fraud, accusing Musk and the DOGE team of weakening consumer protections

On February 16th, during a hearing of the US House Financial Services Committee, Rep. Ayanna Pressley expressed strong concerns about the growing prevalence of cryptocurrency scams and urged stronger consumer protections. She emphasized that the Consumer Financial Protection Bureau (CFPB) played an important role in fighting fraud, but was disbanded under the influence of Trump and Musk, particularly through...

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2025-02-16 04:03:56
The US House of Representatives held a cryptocurrency hearing, and Democratic lawmakers expressed concerns about Trump's Meme coin

The US House Financial Services Committee held a hearing on digital assets on February 11. Republican Congressman Tom Emmer said that crypto technology transfers economic power from central institutions back into the hands of the people. Democratic lawmakers expressed concerns about Trump's Meme coin, which Sean Casten said lacked real value. In terms of stablecoin regulation, committee chair French Hill and Democratic leader Maxine Waters respectively proposed a regulatory framework. Investment...

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2025-02-12 00:25:54
The US Financial Services Commission will hold a hearing on digital asset regulation at 3:30 on the 12th

According to Forbes business reporter Eleanor Terrett, the U.S. House Financial Services Committee will hold a hearing on February 12 at 3:30 PM on the topic "The Golden Age of Digital Assets: Charting the Way Forward." Jonathan Jachym, Deputy General Counsel and Head of Global Policy and Government Relations at Kraken Trading Platforms, will appear as a witness at the hearing, which will be broadcast live on YouTube.

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2025-02-11 13:45:43
Florida congressman proposes second bitcoin reserve bill

Florida State Representative Webster Barnaby has introduced the state's second bitcoin reserve bill, which would allow the chief financial officer to invest 10% of the state's funds in bitcoin.

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2025-02-11 06:02:06
House Speaker Johnson: Republicans will find funding sources to cover Trump's tax cuts

Johnson, the speaker of the US House of Representatives, has said that Republicans will find funding sources to cover Trump's tax cuts.

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2025-02-09 17:30:41
US lawmakers propose stablecoin bill to enhance dollar dominance

U.S. Representatives French Hill and Brian Steele have released a discussion draft of a bill that would establish a regulatory framework for U.S. dollar-pegged payment stablecoins. The legislation would impose a two-year ban on the issuance of "endogenous collateralised stablecoins", meaning issuers would be prohibited from creating stablecoins backed by self-issued digital assets. In addition, it would require the US Treasury to promote research on stablecoins. Before the draft bill was release...

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2025-02-07 09:57:37
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