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U.S. House Representative Maxine Waters (D-California), the top Democrat on the House Financial Services Committee, told Bloomberg Wednesday “We are on our way to getting a stablecoin bill in the short run.”
India’s general election in 2024 is not expected to immediately affect crypto policy, and its current – restrictive – rules are expected to continue on through the upcoming Parliamentary term.
After a protracted deadlock, the U.S. House of Representatives passed a massive military-focused foreign aid bill on Saturday, April 20. … Continue reading
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Shomari Figures, a Washington insider with a lengthy progressive resume, didn’t pull in the most money in direct contributions as he sought one of Alabama’s seats in the U.S. House of Representatives. Still, the crypto-friendly candidate dominated the crowded field of fellow Democrats and then won this week’s Democratic runoff with 61% of the vote.
U.S. Sen. Sherrod Brown (Drew Angerer/Getty Images)
U.S. Senator Cynthia Lummis (R-Wyo.) said that the high-stakes Ohio election that could decide both the Senate majority and the leadership of the Senate Banking Committee is likely to dig into cryptocurrency issues, and she encouraged industry insiders to make sure it does.
The window is narrowing for legislation to set up rules for stablecoin issuers in 2024, but the retiring chairman of the House Financial Services Committee says it can be done.
As Prometheum Inc. nears an unprecedented moment in U.S. crypto history by beginning a custody operation that intends to hold customers’ Ethereum tokens {{ETH}}, the industry’s friends in Congress are demanding the Securities and Exchange Commission (SEC) explain what it means to do about this first U.S. special purpose broker-dealer (SPBD) for digital assets.
U.S. Rep. Patrick McHenry (R-N.C.) said some of the recent chaos in Congress derailed crypto legislation for a while, but a stablecoin bill is largely worked out in the House of Representatives and just needs a schedule floor vote.
U.S. Deputy Secretary of the Treasury Wally Adeyemo has campaigned Congress to provide new authorities to oversee crypto outside the U.S. (Suzanne Cordiero/Shutterstock/CoinDesk)