House Financial Services Committee Votes in Favor of Crypto, Blockchain Bills
The House Financial Services Committee advanced a set of crypto bills after a landmark markup on Wednesday. Source
Read More
Committee
U.S. Senate Finance Committee Letter Seeks Crypto Industry Comments for Taxation Policy
"In recent months, the Committee on Finance initiated a bipartisan effort to identify key questions that lie at the intersection of digital assets and tax law," the letter said. "The Internal Revenue Code of 1986, as amended (IRC), draws distinctions between types of property, with no straightforward classification for digital
Read More
US Senate Finance Committee asks digital asset community how to tax it in open letter
United States Senate Financial Services Committee Chair Ron Wyden and ranking member Mike Crapo released an open letter to the digital asset community on July 11 asking for input on the taxation of digital assets. The senators are looking for solutions to highly complex taxation issues, so much so that
Read More
U.S. House committee chairs, Blockchain Association turn up heat on SEC head Gensler
Three committee chairs in United States House of Representatives have sent a letter to U.S. Securities and Exchange Commission (SEC) chair Gary Gensler demanding a more satisfactory response to their November 1 letter regarding the SEC chairman’s and the agency’s compliance with recordkeeping requirements. Judiciary Committee chair Jim Jordan, Oversight Committee
Read More
Canadian committee proposes measures to support blockchain, crypto
Canadian lawmakers have shown their support for blockchain technology and cryptocurrencies in a report released by the Parliamentary Standing Committee on Industry and Technology (INDU) of the Canadian House of Commons.The report which consists of 16 separate proposals, highlights the advantages and potential of blockchain technology in various sectors. As
Read More
US House committee releases new stablecoin bill draft
The United States House Financial Services Committee has released the third draft of the stablecoin bill presented by its chair, Representative Patrick McHenry. The latest draft of the bill is bipartisan and includes specific proposals from Republican and Democratic committee members. The draft bill titled, The Future of Digital Assets: Providing
Read More
Coinbase chief legal officer faces congressional committee following SEC charges against the company
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Coinbase Chief Legal Officer, Paul Grewal, wasted no time addressing concerns related to his employer’s recent charges by the Securities and Exchange Commission (SEC). Just hours after the SEC’s allegations of securities law violations against
Read More
US Financial Services Committee sets date to discuss future of crypto
The United States House of Representatives Financial Services Committee has scheduled a hearing on crypto to discuss its future and provide clarity for the digital assets ecosystem.On June 6, Representative Patrick McHenry, the House Financial Services Committee chairman, announced a full committee hearing titled “The Future of Digital Assets: Providing
Read More
US House Agriculture Committee holds hearing on crypto regulation amid SEC lawsuits
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Amid recent lawsuits by the Securities and Exchange Commission (SEC) against cryptocurrency exchanges Binance and Coinbase, the House Agriculture Committee convened a hearing to discuss the regulation of cryptocurrency spot markets. In the wake of lawsuits filed
Read More
House Ag Committee looks at digital assets regulatory bill, Dems ask how to pay for it
If there were ever such a thing as an all-star lineup of regulators, the United States House of Representatives Agricultural Committee’s June 6 hearing on digital asset regulation would probably hold the record. The current chair of the Commodity Futures Trading Commission (CFTC) Rostin Behnam was joined by a former
Read More