Tag: legislation
SEC’s Gensler Going Rogue in Solo Quest to Stop U.S. Crypto Legislation?
The SEC's sister agency in policing the U.S. markets, the Commodity Futures and Trading Commission (CFTC), has taken a strong pro-legislation position [...]
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 [...]
Several U.S. House Democrats Petition Colleagues to Join Yes Side on Crypto Bill
"As Democrats, we feel this is a crucial opportunity to regulate the digital asset markets," the eight lawmakers wrote in the internal memo Tuesday as [...]
Does the SAB 121 Vote Mean Anything for Future Crypto Legislation?
Unfortunately however, the legislative measure is now heading to the desk of President Joseph Biden, who has vowed to veto it in a show of solidarity [...]
Crypto Industry Rallies Behind U.S. House Bill As it Heads Toward Final Vote
Through the Crypto Council for Innovation, a coalition of digital assets organizations and companies, including Coinbase, Kraken, Andreessen Horowitz, [...]
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 [...]
House Passes Legislation to Improve Air Travel, Sending Bill to Biden’s Desk
The bipartisan vote to reauthorize the Federal Aviation Administration also greenlit measures to strengthen consumer protections and address safety an [...]
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 [...]
UK Economic Secretary Bim Afolami Says Current Government Only has Enough time to Implement Stablecoin, Staking Legislation
Recently, the Conservative party faced a blow as local election results indicated a large swing towards Labour. Labour managed to attain 1,158 local c [...]
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 [...]
Senate Democrats Reintroduce Legislation to Legalize Marijuana
The bill, which reflects growing support for legalization, would end the federal prohibition on cannabis. But it is unlikely to pass in an election ye [...]
Stablecoin Bill Unlikely to Get Pinned to U.S. FAA Reauthorization, Putting Effort On Hold Again
U.S. lawmakers had been engaged this week in serious conversations about whether to jam a stablecoin regulation amendment onto the Federal Aviation Ad [...]
Stablecoin Legislation Must Respect the Dual-Banking System
To be sure, the dual-banking system itself at present is far from federalism perfected, and state and federal jurisdiction over banks does overlap in [...]
The Ever-Dwindling Chances for a Stablecoin Law
Last week, U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) introduced a joint bill addressing how stablecoins could be regulated [...]