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“We don’t need knee-jerk reactions by lawmakers to regulate out of fear of the unknown rather than seeking to understand,” said Representative Patrick McHenry. Go to Source Powered by WPeMatico
The hearing on digital assets will involve discussions around four key aspects: crypto exchanges, stablecoin offerings, regulatory concerns in digital assets and federal regulatory responses. Go to Source Powered by WPeMatico
Alexandria Ocasio-Cortez, otherwise known as AOC, is a New York representative well known for her political stances and statements. The Democrat believes that it is “absolutely wild” that U.S. representatives can buy and swap popular stocks. AOC also thinks it’s not ethical for members of Congress to own cryptocurrencies. AOC Doesn’t Hold Crypto Because She … Read more
The Securities and Exchange Commission’s continued resistance to spot Bitcoin ETFs draws industry players’ ire. Go to Source Powered by WPeMatico
The “FTX’ s Key Principles for Market Regulation” blog consists of a 10-points proposal aiming to help U.S. regulators build a crypto-centric regulatory framework. Go to Source Powered by WPeMatico
Such a move would require broad consensus among Congress, the U.S. central bank and the White House. Go to Source Powered by WPeMatico
An elementary school teacher, Aarika Rhodes said she plans to use her time in Congress “fighting to keep Bitcoin innovation” in the United States. Go to Source Powered by WPeMatico
Ten members of the U.S. House of Representatives have called on House Speaker Nancy Pelosi to address the problem with the crypto provision in the infrastructure bill. They explained that the current definition of a broker in the bill “would increase uncertainty in the cryptocurrency industry, pick winners and losers … all while eroding our … Read more
While no longer the leader of the Democratic Party, Hillary Clinton’s comments on crypto could have the potential to create more partisanship among lawmakers regulating digital assets. Go to Source Powered by WPeMatico
Representative Don Beyer — who has previously proposed legislation expanding the regulatory and legal framework for digital assets in the U.S. — will be chairing the hearing. Go to Source Powered by WPeMatico
