House Ag Committee Advances Market Structure Bill, Other Crypto Actions Pending
The market structure bill got an overhaul in two House committees at the same time while the Senate’s stablecoin bill is steaming toward a finish.
Glenn Thompson
U.S. Crypto Market Structure Bill Unveiled by House Lawmakers
As a successor to the so-called FIT21 bill in the last session, the committee chairs in the House have released a discussion draft of a market structure bill.
House Republicans Demand SEC Explain What’s Up With Crypto Platform Prometheum
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.
Crypto Bill Advances Out of House Agriculture Committee
The House Agriculture Committee advanced the Financial Innovation Technology for the 21st Century Act, a day after the House Financial Services Committee did.