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The United States House Committee on Financial Services released a memorandum detailing the points of discussion during the hybrid hearing on digital assets, to be held today at 10:00 a.m. ET.Addressing the members of the Financial Services Committee, the memo confirmed that the hearing will dedicate one panel to six
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Bahamian-based cryptocurrency exchange FTX released a list of principles and proposals to help policymakers build the regulatory framework. The policy recommends the market-structure choices made by several leading crypto exchanges and suggests its implementation across all jurisdictions. FTX shared the “FTX’s Key Principles for Market Regulation” blog after Maxine Waters, the
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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.According to a Wednesday announcement, Waters said Circle CEO Jeremy Allaire, FTX
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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.According to a Nov. 23 announcement, Brown sent notices to Coinbase, Gemini, Paxos, TrustToken, Binance.US, Circle, Centre, and Tether requesting
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This episode is sponsored by NYDIG.Download this episodeYesterday’s show was a global regulatory roundup, but today’s is all about the U.S. The Joint Economic Committee held an event this week all about “Demystifying Crypto.” In this episode, NLW looks at:The overall shift in tone in government crypto hearingsThe specific questions
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Democratic Senator Elizabeth Warren, known by many as an outspoken cryptocurrency skeptic in the United States government, criticized outages at exchanges and high transaction fees during periods of price volatility.In a Tuesday hearing of the Senate Committee on Banking, Housing, and Urban Affairs with Securities and Exchange Commission chair Gary
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The U.S. House Committee on Financial Services hearing will investigate issues around the recent trading surge for shares of GameStop and other companies. Source
Read MoreIn a hearing on Tuesday, the Congressional Fintech Task Force heard arguments on new rules that would potentially expand banking regulations to accommodate more technology firms providing financial services.A subunit of the Financial Services Committee, the Fintech Task Force leads the committee’s examinations of emerging technologies. As Task Force Chair
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Facebook seems unfazed with the scrutiny, as the company plans to expand its porting tools for images and data. FB stock is slightly up.Facebook Inc (NASDAQ: FB) announced this week that it is considering expanding the data types that users of the platform can directly port to other sites. This
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As the U.S. government seeks to kill monopoly in the U.S. tech ecosystem, the CEOs of Amazon, Apple, Google, and Facebook were drilled to clarify their anti-competitive behavior.U.S. top tech giants including the CEOs of Facebook Inc (NASDAQ: FB), Apple Inc (NASDAQ: AAPL), Amazon.com Inc (NASDAQ: AMZN), and Google LLC
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