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Tag: House Financial Services

SEC has been investigating Ether’s security status since 2018: report

The U.S. Securities and Exchange Commission (SEC) under current chair Gary Gensler has been investigating Ethereum’s status as a security since at least 2018,...

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$4,165,000,000 in Deposit Flight Hits New York Bank As Federal Reserve Chair Jerome Powell Warns More Lenders Will Collapse – The Daily Hodl

A New York-based bank is witnessing the exodus of billions of dollars in deposits amid an industry-wide warning from Fed Chair Jerome Powell. New York...

SEC’s Hester Peirce calls for clear crypto regulation

The United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce, known as “Crypto Mom” due to her support of the cryptocurrency industry, has...

The real story of the SEC’s suit against Kraken, and why Kraken is moving to dismiss the case

On the morning of May 10, 2023, Kraken testified about the SEC’s overreach in crypto before both the House Financial Services Committee and the...

Coinbase and Circle Ask Congress To Clamp Down On Tether And Other Competitors

Representatives from crypto giants Coinbase and Circle have urged the U.S. government to crack down on non-compliant international digital asset firms – some of...

US Treasury: Use Of Digital Assets In Terror Financing Is Minimal

In a recent series of testimonies before the House Financial Services Committee, the U.S. Treasury’s Undersecretary for Terrorism and Financial Intelligence, Brian Nelson, provided...

Fintech Nexus Newsletter (February 2, 2024): Why are banks not jumping on real-time payments?

We have been following the recent developments in real-time payments with some interest. While adoption is increasing it is not going as fast as...

Global Regulatory Outlook for Cryptocurrencies 2024 | BitPinas

Cryptocurrencies and digital assets have experienced significant growth over the past 15 years, but global regulation remains in progress. Regulatory approaches vary worldwide, with each...

Fintech Nexus Newsletter (January 15, 2024): New AI working group formed by House Financial Services Committee

The impact of AI in financial services will gain a renewed focus on Capitol Hill. There has been an AI task force on the House...

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