Maxine Waters News

15.11 / 13:45
Middle east Elections Law Decoded, Nov. 7–14: How regulators reacted to the FTX crash
Last week was tough — the alarming series of crypto meltdowns continued with the failure of FTX, one of the biggest exchanges on the market. The crypto industry’s very own “Lehman Brothers moment” pushed regulators to react. United States Senator Cynthia Lummis, famous for her openly pro-crypto position, promised deliberate with her colleagues on whether there was market manipulation, while Maxine Waters, chair of the United States House of Representatives Financial Services Committee, pushed for additional federal oversight of crypto trading platforms and consumer protection. 
11.11 / 11:57
business regulation ftx crypto exchange California regulators to investigate FTX crypto exchange collapse
The Department of Financial Protection and Innovation (DFPI) in the state of California announced on Nov. 10 that it will open up an investigation as to the “apparent failure” of the cryptocurrency exchange FTX. 
11.11 / 00:57
regulation FTX white house White House says 'prudent regulation of cryptocurrencies' is needed, hinting at situation with FTX
The White House said the Biden administration was monitoring the situation with the recent crypto market crash but deferred to independent regulators for any potential enforcement actions.
10.11 / 22:05
Law regulation Congress lawmaker US lawmaker warns of ‘major consequences’ for users of unregulated crypto firms, citing FTX
Maxine Waters, chair of the United States House of Representatives Financial Services Committee, pushed for additional federal oversight of crypto trading platforms and consumer protection amid FTX facing liquidity issues.
29.09 / 22:31
Stablecoin Congress Voting lawmaker US lawmaker hints at calling for Republican votes in 2022 Midterms over crypto policies
North Carolina Representative Patrick McHenry may have used his virtual appearance at a cryptocurrency conference as a soapbox for calling for votes in the 2022 United States midterm elections.
10.08 / 18:31
Waters Action Equifax Equifax Should Face Curbs on Selling Credit Scores, Maxine Waters Says
A top-ranking Democrat is calling on a federal regulator to take action against Equifax Inc. for its erroneous credit scores.
08.08 / 17:39
Digital Waters e-CNY Fed mulls digital dollar to take on China’s e-CNY
WASHINGTON — Lawmakers are pushing the Federal Reserve to move swiftly toward issuing a digital dollar, to combat steps from China and others they say could one day threaten the US status as the global reserve currency.
05.08 / 18:47
Government regulation inclusion lawmakers US lawmakers US lawmakers request crypto firms provide info on diversity and inclusion
A group of five lawmakers from the United States House of Representatives has requested data on the diversity and inclusion practices of 20 major firms dealing with cryptocurrencies and Web3.
21.07 / 14:35
cryptocurrency Provident Digital stablecoins 'Stablecoins' To Face Bank-Like U.S. Regulation Under Draft Bill: Report
Issuers of 'stablecoins' tie their value to traditional currencies like the U.S. dollar.
21.07 / 00:19
Waters Patrick lawmakers Deal House Lawmakers Near Bipartisan Deal to Address Stablecoin Risks
WASHINGTON—A pair of key House lawmakers are close to a bipartisan agreement to impose tougher oversight of so-called stablecoins, a type of cryptocurrency intended to be pegged to the dollar or another national currency, according to people familiar with the negotiations.
01.07 / 00:09
regulation Congress Women lawmakers US lawmakers US lawmakers say crypto industry has a 'tech bro' problem hurting innovation
According to some United States lawmakers in the House Financial Services Committee, the lack of diversity in the financial technology space could be hurting many companies’ bottom lines.
25.01 / 23:09
Stablecoin CFTC SEC Congress U.S. Congressman calls for ‘Broad, bipartisan consensus’ on important issues of digital asset policy
In a letter to the leadership of the United States House Financial Services Committee, ranking member Patrick McHenry took a jab at “inconsistent treatment and jurisdictional uncertainty” inherent in U.S. crypto regulation and called for the Committee to take on its critical issues.
08.12 / 20:31
Digital Waters Future lawmakers Crypto chiefs tell lawmakers the tech behind digital coins is promising for the future
WASHINGTON — Cryptocurrency chief executives appeared before Congress on 8 December to argue that their technologies hold promise for the future, as lawmakers and regulators wrestle with how to bring the more-than-$2tn market under government oversight.
04.12 / 11:55
Blockchain Congress Bitcoin hearing FTX releases crypto regulation proposals before US congressional hearing
Bahamian-based cryptocurrency exchange FTX released a list of principles and proposals to help policymakers build the regulatory framework. The policy recommends the market-structure choices made by several leading crypto exchanges and suggests its implementation across all jurisdictions. 
01.12 / 23:13
Government coinbase Bitfury Paxos hearing committee House committee announces crypto CEOs will testify at Dec. 8 hearing on digital assets
Maxine Waters, the chair of the House Committee on Financial Services, has announced several chief executive officers at major crypto firms in the United States will speak at a hearing to discuss digital assets and the future of finance.

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