Tag: House Financial Services Committee
U.S. House Democrat Waters Urges Stablecoin Bill Deal
"Under Chair Gensler, the SEC has become a rogue agency," McHenry said. He lamented aggressive SEC crypto enforcement even as the House approved a wid [...]
SEC’s Crypto Record Rebuked by Ex-Commissioner, GOP Lawmakers in Hearing
The U.S. Securities and Exchange Commission was hammered for two hours in a congressional hearing on Wednesday in which the witness list predominantly [...]
U.S. House Committee Plans for Heap of Crypto, SEC Hearings in September
The congressional panel, which has oversight over U.S. securities and most financial products, will set a September hearing calendar jammed with crypt [...]
Patrick McHenry Explains FIT21's Passage
Congressman Patrick McHenry (R-N.C.) chairs the powerful House Financial Services Committee, and has been the leading Republican on the panel for year [...]
U.S. House Set to Vote for First Standalone Crypto Market Structure Bill
"The industry has superficially recovered this year, in part due to controversial approval of spot BTC ETPs by the Securities Exchange Commission," th [...]
SEC’s Gensler Says House Bill Would ‘Undermine’ Regulator’s Crypto, Capital Markets Oversight
According to Gensler, FIT21 ignores long-standing precedent for how investment contracts are regulated, puts the agency into a tough position for cert [...]
U.S. House’s McHenry Says Senate May Be Swayed if Many Democrats Back Crypto Bill
The thing to watch, he suggested, is if a lot of Democrats show up to support the bill.McHenry, who is set to retire at the end of the year, has made [...]
U.S. House’s McHenry Says Bill on Crypto Market Structure Will Get Floor Vote
The bill, which had also been approved by the House Agriculture Committee, is the "culmination of years of bipartisan efforts to finally provide clari [...]
Crypto Mixers Targeted in U.S. House Democrats' Effort to 'Clamp Down' on Money Laundering
Several Democrats on the House Financial Services Committee have a bill coming this week to target money laundering through cryptocurrency mixing serv [...]
House Republicans Demand Answers From SEC on Prometheum and Ether
Rep. Patrick McHenry (R-N.C.) and Rep. Glenn "GT" Thompson (R-Penn.), the chairmen of the two committees, and the other Republican lawmakers – many of [...]
U.S. Treasury Backs Down Narrative That Hamas Relied on Crypto to Fund Terrorism
While the Wall Street Journal in October had tied tens of millions of dollars in crypto payments to Hamas, Palestinian Islamic Jihad and others, citin [...]
House’s Patrick McHenry Won’t Seek Reelection, Costing Crypto a Top Ally: Politico
As McHenry, the chairman of the House Financial Services Committee, continues to shepherd two significant pieces of digital assets legislation toward [...]
Crypto-Friendly U.S. Lawmakers Ask Biden, Yellen to Quantify Hamas’ Digital Asset Fundraising
"Congress must understand the size, scope, and duration of Hamas’s digital asset operations, as well as whether the United States has had success in s [...]
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