Committee Financial News

02.03 / 13:29

Adoption regulation Cybersecurity committee Aussie advisory committee lists key factors for easing crypto adoption

Cyber Security Industry Advisory Committee, the Australian cybersecurity advisor, highlights various crypto-related opportunities for the government to undertake as it prepares for the global mainstreaming of cryptocurrencies.

24.02 / 03:41

UPS Provident Digital committee regulatory Brazil: Senate Committee approves crypto-regulatory bill to promote growth

Regulatory fervor for the cryptocurrency industry has gained heightened momentum worldwide this year, as the $1.84 trillion industry makes itself more ingrained in the financial market. After reports of U.S President Joe Biden signing an executive order on crypto regulation soon started making the rounds last week, another country that has emerged as revving up its oversight on digital assets is Brazil.

10.02 / 23:35

Ripple XRP SEC CEO hearing committee This is a Ripple official’s takeaway from the Senate committee hearing on crypto assets

Agriculture and crypto don’t seem like they have a lot in common, but the Senate Agriculture Committee’s hearing on crypto assets triggered strong reactions from crypto stakeholders across the board. While it’s hard to define whether the hearing bodes ill or not for investors, a Ripple official has shared their take on the proceedings.

09.02 / 13:19

Blockchain Digital PayPal committee PayPal Establishes Advisory Committee, Focusing on Crypto Affairs

Major U.S. payment processor PayPal has established a blockchain, cryptocurrency, and digital currency advisory committee.

05.02 / 03:47

committee Leak Covid origins: Wuhan lab leak theory resurfaces as Dr Anthony Fauci’s emails are released to US oversight committee

Last week, there were some interesting revelations about events in the early days of Covid. After repeated requests, the government granted access to the US Republican House Oversight Committee to a number of emails between Dr Anthony Fauci, the head of the National Institute of Allergy and Infectious Diseases (NIAID) and the most prominent face in the world’s fight against the pandemic, and other scientists and immunologists dating back to February 2020. According to this new information, the theory that the virus may have been an accidental lab leak from the Wuhan Institute of Virology (WIV) seems to be have been hastily quashed by US health officials for the sake of “international harmony”.

19.01 / 20:55

Government Law SEC Agency committee open SEC Advisory Committee member calls agency to open for public comment on crypto regulation

Associate law professor and member of the Securities and Exchange Commission’s Investor Advisory Committee J.W. Verret is calling for the government agency to open for public comment in regards to digital asset regulation.

19.01 / 03:58

Digital Waters committee Lords Committee pours cold water on UK CBDC

The Bank of England and HM Treasury have been actively pursuing the case for a CBDC, dubbed Britcoin, due to the declining use of cash and the threats to monetary sovereignty posed by private digital currencies.The upper chamber of the House of Commons commenced its inquiry into the issue in November, taking evidence from the Bank of England and senior banking officials.Lord Forsyth of Drumlean, Committe Chair, comments: “We took evidence from a variety of witnesses and none of them were able to give us a compelling reason for why the UK needed a central bank digital currency. The concept seems to present a lot of risk for very little reward.

14.01 / 01:05

Digital Racing committee ‘Britcoin’ could cause bank run, Lords committee warns

A bank run and a potential attack from hackers are just some of the "significant risks" of introducing a central bank digital currency in the UK, according to a new government report.

13.01 / 16:41

Blockchain regulation retail CBDC committee UK Economic Affairs Committee unconvinced by prospect of retail CBDC

The House of Lords Economic Affairs Committee — an investigative governing body representing the economic interests of the United Kingdom — has released an official report assessing the pertinence of a government-issued central bank digital currency (CDBC).

13.01 / 12:51

Digital Waters committee Lords Committee pours cold water on UK CBDC

13.01 / 11:01

Digital Racing committee ‘Britcoin’ could cause bank run, Lords committee warns

A bank run and a potential attack from hackers are just some of the "significant risks" of introducing a central bank digital currency in the UK, according to a new government report.

12.01 / 13:45

Stablecoin regulation Federal Reserve committee US Fed Chair's Top 3 Crypto-Related Comments in Front of Senate Banking Committee

The US Federal Reserve (Fed) Chair Jerome Powell discussed the central bank's COVID-19 response and financial stability, among other issues, during his re-nomination testimony on Tuesday in front of the Senate Banking Committee. He also made several comments that may potentially have an impact on the crypto market -- and here are the top 3 ones.

05.12 / 05:17

Digital Waters CEO Platform committee Financial FTX releases regulation proposals’ list, as Financial Committee meeting draws near

The cryptocurrency industry in the U.S is reeling under intense regulatory scrutiny and uncertainty. Market participants have been waiting with bated breaths for financial authorities to release a regulatory framework. To that objective, Bahamian-based cryptocurrency exchange FTX released a list of principles and proposals to help policymakers build the regulatory framework.

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.

24.11 / 20:00

Government Stablecoin Tether information hearing committee Senate Banking Committee chair seeks information from stablecoin issuers and exchanges, suggesting possible hearing

Sherrod Brown, the chair of the Senate Committee on Banking, Housing and Urban Affairs, has called on several crypto firms to release information related to consumer and investor protection on stablecoins.

24.11 / 00:13

Twitter Bitcoin committee American Crypto Bosses Face Congress Committee Grilling in December

“Several crypto CEOs” will be summoned to speak at a parliamentary hearing in the United States next month, according to the Blockchain Association, an industry group representing many of the nation’s top players.

12.11 / 19:13

Catholic Church committee Portugal's Catholic Church to set up committee to investigate child sex abuse

Portugal's Catholic Church has said it will set up a national committee to investigate the sexual abuse of children and vulnerable adults.

11.11 / 19:33

Government regulation Congress hearing committee US Congress plans 'demystifying crypto' committee hearing for Nov. 17

The Joint Economic Committee, which includes Republican and Democratic members of both the U.S. House of Representatives and Senate, will be holding a hearing on the role of government concerning crypto.

11.11 / 19:17

Blockchain Extreme Mobile Parliamentary Committee committee India’s Parliamentary Committee to meet crypto industry players on November 15

India’s Parliamentary Standing Committee on Finance has recently listed a notice for crypto players in the country. The agenda on the notice stated,

09.11 / 18:01

Digital committee Basel Committee to revisit crypto asset proposals after market pushback

In a joint comment letter responding to the committee, the Global Financial Markets Association, Financial Services Forum, the Futures Industry Association, the Institution of International Finance, the International Swaps and Derivatives Association, and the Chamber of Digital Commerce called for a revision of the plans.The associations argued that proposals would effectively preclude banks from getting involved in cryptoassets by making it economically prohibitive.Given the market resistance

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