House Financial Services Committee


Videos

Lawmaker Wants Treasury Secretary Yellen to Delay Crypto Tax Provision

Rep. Patrick McHenry (R-N.C.), a top Republican on the House Financial Services Committee, wants the U.S. Treasury Department to delay implementing the crypto tax provisions in last year's Infrastructure Investment and Jobs Act until there is further clarity on who's covered by the bill. "The Hash" panel discusses the latest in the world of crypto regulation.

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Policy

El presidente entrante del Comité de Servicios Financieros de la Cámara de Representantes pide a la secretaria Yellen que retrase la disposición sobre el impuesto a las Cripto

El REP Patrick McHenry, que preside el comité en enero, expresó sus preocupaciones en una carta a la secretaria del Tesoro, Janet Yellen.

Rep. Patrick McHenry (Shutterstock/CoinDesk)

Videos

U.S. Attorney for SDNY Announces Charges Against Sam Bankman-Fried

Damian Williams, the United States Attorney for the Southern District of New York, announced that former FTX CEO Sam Bankman-Fried was charged in an 8 count indictment that includes allegations of fraud, money laundering, and campaign finance offenses. Plus, in testimony before the U.S. House Financial Services Committee, new FTX CEO John J. Ray III said FTX embezzled customer funds.

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Videos

FTX's New CEO: 'This Is Really Old-Fashioned Embezzlement'

John J. Ray III, FTX's replacement CEO said in testimony before the U.S. House Financial Services Committee, "This is really old-fashioned embezzlement ... This is just taking money from customers and using it for your own purpose." Freshfields Bruckhaus Deringer Partner Timothy Howard breaks down the latest legal developments, citing his experience working at the United States Attorney’s Office for the Southern District of New York.

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Sam Bankman-Fried's Leaked Testimony Shows What the Former CEO Planned on Telling Lawmakers: Report

In Sam Bankman-Fried's prepared testimony he planned to deliver to the U.S. House Financial Services Committee Tuesday morning, he said "I would like to start by formally stating, under oath: I f---ed up," according to multiple published reports. "The Hash" panel discusses what to make of Bankman-Fried's remarks.

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Videos

Sam Bankman-Fried Agrees to Testify Before Lawmakers

Sam Bankman-Fried, former CEO of bankrupt crypto exchange FTX, has said in a tweet that he'll testify before the House Financial Services Committee at a Dec. 13 hearing. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what to expect from the meeting and insights on SEC's letter that urges companies to disclose crypto damage to investors.

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Policy

Los republicanos obtienen la mayoría en la Cámara de Representantes de EE. UU. y cambiarán el rumbo de los proyectos de ley Cripto.

Los resultados de las elecciones estadounidenses del 8 de noviembre finalmente vieron a los republicanos WIN al menos 218 escaños, dividiendo el control del Congreso a medida que aumenta la urgencia por una legislación Cripto .

The new Congress will arrive for work at the U.S. Capitol on Jan. 3. (Jesse Hamilton/CoinDesk)

Videos

Temasek to Write Off up to $300M Invested in FTX; House Committee to Hold Hearing on FTX Collapse

Genesis Global Trading's lending arm is temporarily suspending redemptions and new loan originations. Singapore's state investment fund Temasek is preparing to write off between $200 million and $300 million invested in FTX. The House Financial Services Committee will hold a hearing into FTX next month. Sam Bankman-Fried, Tom Brady and other FTX promoters have been sued. Genesis and CoinDesk both operate under Digital Currency Group.

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Videos

House Financial Services Committee Seeking Crypto Industry’s Diversity and Inclusion Data

Congresswoman Maxine Waters (D-Calif.), chairwoman of the House Committee on Financial Services, alongside several other House democrats on the committee, wrote to the 20 largest crypto companies operating in the U.S. requesting details on their diversity and inclusion practices. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the details.

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