News list for "Service committee"
Lee Eog-weon, the nominee for the chairpersonship of South Korea's Financial Services Commission (FSC), has publicly pledged to take strict measures to crack down on improper practices in cryptocurrency trading. In a written reply submitted for the appointment hearing, he stressed that insider trading, market manipulation and other improper practices in the virtual asset space will be curbed in accordance with the existing legal framework of the Virtual Asset User Protection Law, which was imple...
Federal Reserve Chairperson Jerome Powell will open his schedule of "tongue battles" on Capitol Hill at 22 pm tonight in testimony before the House Financial Services Committee. How will Powell respond to Trump's recent pressure to cut interest rates and the defections of three officials? Investors are invited to pay attention...
According to Bitcoin News, market sources say that South Korea's Financial Services Commission is formulating a roadmap for a virtual asset ETF, which is expected to be launched in the second half of this year.
The top Democrat on the U.S. House Financial Services Committee, Rep. Maxine Waters, will block a joint hearing between her committee and the House Agriculture Committee on a market structure discussion draft bill released Monday. According to House rules, all participants in a joint hearing must agree unanimously before it can proceed. According to CoinDesk, a Democratic staffer said Waters would oppose the...
Tomorrow at 10 a.m. ET, the U.S. House Financial Services Committee will hold a hearing on how U.S. securities laws can accommodate digital assets.
French Hill, chairperson of the House Financial Services Committee, outlined a blueprint for digital assets in the United States, proposing six principles: 1. Legislation must promote innovation. 2. Legislation must clarify the classification of assets. 3. Legislation must codify the framework for issuing new digital assets. 4. Legislation must establish supervision of cash market exchanges and intermediaries; 5. Legislation must establish best practices for protecting customer assets. 6. Legisl...
The U.S. House Financial Services Committee on Wednesday passed the Anti-CBDC Surveillance State Act (H.R. 1919) by 27 votes to 22. The bill, introduced by Republican House Majority Whip Tom Eimer, seeks to prevent central bank digital currencies from being used for monetary policy and to prohibit the Federal Reserve from providing financial services directly to individuals. Eimer said the bill ensures that U.S. digital currency policy is in the hands of the American people, not the executive. T...
The US House Financial Services Committee voted on Wednesday to move forward with an important bill to regulate stablecoins. The bill, called Stablecoin Transparency and Accountability for a Better Ledger Economy, passed the committee's resolution on Wednesday by a vote of 32 to 17. House Finance...
French Hill, chairperson of the US House Financial Services Committee, on Monday took a rare swipe at the cryptocurrency business activities of President Donald Trump and his family, saying they "complicate" efforts to write laws for the nascent digital asset industry. Hill singled out Trump's meme and stablecoin projects as a negative for lawmakers' work.
South Korea's Financial Services Commission: South Korea will resume full stock selling short trading as planned from March 31.
