Stephen Lynch News
10.05 / 16:05
CFTC
regulation
SEC
Congress
hearing
us house
regulatory
Crypto Self-Regulatory Organization Plan Floated in US House Hearing
US lawmakers drifted the idea of regulating cryptocurrency through a self-regulatory organization putting both the Securities and Exchange Commission and the Commodity Futures Trading Commission in charge.
06.06 / 15:55
Adoption
regulation
IRS
Congress
letter
US Congressmen blame crypto firms for 'tax gap' in letter to Treasury
Members of the United States Congress — Brad Sherman and Stephen Lynch — have penned a letter to the heads of the Treasury and the Internal Revenue Service (IRS), demanding the implementation of tax regulations for the crypto industry.
18.05 / 15:15
Government
Law
Adoption
regulation
us government
Congress
hearing
Congressional crypto hearing illustrates political stalemate on digital assets
On May 10, the United States House of Representatives Financial Services Committee and Agriculture Committee held their first joint hearing on digital asset regulation. The event felt like a logical continuation of another recent hearing where representatives lambasted Securities Exchange Commission Chair Gary Gensler for perceived regulatory overreach.
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.
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.
29.04 / 00:39
Law
regulation
Tokens
US needs 'electronic tokens' with functionality of cash — Software Freedom Law Center legal director
Mishi Choudhary, the legal director of the Software Freedom Law Center, supported the efforts of some United States lawmakers to develop an electronic version of the U.S. dollar.
15.04 / 15:21
Adoption
us government
Cash
Fitting the bill: US Congress eyes e-cash as an alternative to CBDC
On March 11, United States President Joe Biden issued an executive order in which he encouraged the Federal Reserve to continue research on a prospective U.S. central bank digital currency, or CBDC.
28.03 / 16:05
Government
Law
Adoption
US e-cash: Bill proposes digital currency that replicates cash, bypasses the Fed
The Electronic Currency and Secure Hardware Act (ECASH Act), introduced today in the United States House of Representatives, could herald a new direction in government-sponsored digital currencies.
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