Lawmakers Financial News

06.06 / 17:29

Law regulation lawmakers ‘Crypto Tsar’ needed to ensure coordinated approach in the UK: EU lawmakers

A parliamentary group in the United Kingdom has published its recommendations to the government for the crypto and digital asset sector. The list of recommendations includes the appointment of an official who will ensure a coordinated regulatory approach to crypto and digital assets.

02.06 / 21:05

Government CFTC regulation SEC AIM lawmakers US lawmakers regulatory US lawmakers aim for crypto regulatory clarity with proposed bill putting the screws to SEC

Lawmakers with the United States House Financial Services Committee and House Agriculture Committee have released a draft discussion offering certain crypto assets a pathway to being labeled digital commodities.

01.06 / 03:51

legislation House Financial Services House Agriculture lawmakers hearing US lawmakers week US Lawmakers To Hold Digital Asset Spot Market Hearing Next Week

US lawmakers are slated to discuss digital asset spot markets during a congressional hearing next week.

31.05 / 04:11

CBDC SEC coinbase lawmakers US lawmakers regulatory Coinbase CEO Criticizes US Lawmakers, Regulators Over Regulatory Approach, Warns of Upcoming Innovation in China

Coinbase CEO Brian Armstrong criticized US lawmakers and regulators over their approach to bringing “regulatory clarity” to cryptocurrency and warned that innovation is moving offshore.

26.05 / 17:09

coinbase Congress Custody lawmakers US lawmakers US Lawmakers Urges the SEC To Include State-Regulated Custodians in New Rule

Lawmakers urged a US regulator to not further limit certain financial stakeholders in its proposed rule tightening cryptocurrency custody requirements.

26.05 / 15:29

Law regulation Europe European Union marketing lawmakers Influencer French lawmakers agree to loosen rules in proposed crypto influencer bill

French lawmakers have agreed to tone down the restrictions on a bill first proposed in March that would have severely restricted locally-registered cryptocurrency companies from using influencer marketing.

26.05 / 15:29

business Microsoft ChatGPT lawmakers Microsoft urges lawmakers, companies to ‘step up’ with AI guardrails

Brad Smith, the president of Big Tech firm Microsoft, has called on governments to “move faster” and corporations “step up” amid a massive acceleration in artificial intelligence development.

24.05 / 07:17

CBDC Adoption regulation Bank of Russia lawmakers Ruble Russian lawmakers propose amendments to digital ruble bill

As the digital ruble project proceeds through Russian parliamentary hearings, lawmakers have proposed significant amendments to the bill, aiming to change the original document regarding debt operations, services for non-residents and the role of the central bank.

19.05 / 17:45

CBDC legislation lawmakers US lawmakers US Lawmakers Introduce ‘First Bipartisan Bill’ Blocking a CBDC

US lawmakers from both sides of the aisle introduced a bill this week to block the Federal Reserve from issuing a central bank digital currency.

19.05 / 15:59

Mining Crypto exchanges legislation lawmakers reserves Texas Lawmakers Pass Proof-of-Reserves Cryptocurrency Bill

The Texas legislature passed a bill this week requiring cryptocurrency exchanges to provide a “proof of reserves,” the latest move by the lone star state.

19.05 / 00:41

Provident Digital SEC CEO lawmakers US lawmakers US Lawmakers Reintroduce Securities Clarity Act Which Coins New Term

US lawmakers introduced a bill on Thursday that aims to clarify how digital assets are labeled, in part through a new term coined an “investment contract asset.”

18.05 / 17:57

Stablecoin regulation House Financial Services lawmakers hearing Lawmakers Reveal Differences on Stablecoin Bills in House Hearing — Will They Find Consensus?

House Democrats and Republicans are seemingly divided on how to regulate stablecoins but are finding consensus that some form of legislation is needed.

18.05 / 14:31

Digital Platform lawmakers ABA calls on lawmakers to regulate stablecoin issuers like banks

On Thursday, the House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion debated two bills on stablecoin regulation, one brought by committee chairman Patrick McHenry and the other by ranking member Maxine Waters. The ABA says that while it supports parts of both bills, they fall short in several areas.

18.05 / 04:05

Blockchain regulation crimes bills policies lawmakers crypto rules Korean lawmakers rally towards crypto rules in May after grisly murder case: Report

Lawmakers from South Korea are pushing to enshrine stricter regulation of digital assets in the wake of a gruesome murder case involving digital assets.

18.05 / 01:43

Fallout Holdings Crypto Holdings lawmakers South Korean Lawmakers ‘Must Declare’ Crypto Holdings – ‘Coin Gate’ Fallout Continues

South Korean lawmakers will likely be “obliged” to declare their crypto holdings following a national outcry over alleged “insider trading.”

17.05 / 12:27

UPS Aware Kraken Bitcoin lawmakers Cryptos have no intrinsic value and trading in them should be regulated like gambling, UK lawmakers say

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17.05 / 03:07

Blockchain regulation Trading Gambling UK government Bitcoin lawmakers Crypto retail trading should be regulated as gambling: UK lawmakers

The trading of so-called “unbacked cryptoassets” such as Bitcoin (BTC) and Ether (ETH) should be regulated as gambling rather than a financial service, a panel of British lawmakers said in a new report.

12.05 / 22:09

Law regulation lawmakers US lawmakers US lawmakers target perceived risks of crypto adoption in El Salvador with reintroduced bill

Two United States Senators from opposite sides of the political aisle have reintroduced legislation from 2022 aimed at mitigating perceived risks posed by El Salvador’s adoption of Bitcoin as a legal currency.

12.05 / 20:31

regulation coinbase Congress policies lawmakers US lawmakers Coinbase establishes advisory council with former US lawmakers

Following some of its leadership team visiting the United Arab Emirates, crypto exchange Coinbase has announced the formation of an advisory council staffed with many former United States lawmakers and industry leaders

12.05 / 19:21

regulation coinbase legislation lawmakers Former Lawmakers Join Coinbase’s New Global Advisory Council

Former US lawmakers Patrick Toomey, R-Pa., Tim Ryan, D-Ohio., and Patrick Maloney, D-N.Y will join Coinbase’s newly launched Global Advisory Council to guide its leadership team.

11.05 / 15:49

CBDC Digital Currency legislation lawmakers rights Texas Lawmakers Vote To Cement Digital Currencies in Lone State’s Bill of Rights

Texas lawmakers voted almost unanimously to change the state’s bill of rights to include the right of its residents to own, hold and use digital currency.

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