House Financial Services Committee


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SEC Chair Gary Gensler in Congressional Hot Seat Over Crypto Policy and Plans

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler got grilled today in a heated hearing before the House Financial Services Committee over crypto policy and regulation. "The Hash" panel discusses their reactions and the outlook for crypto regulatory clarity.

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Pinuna ng mga Congressional Republican ang Crypto Approach ni SEC Chair Gary Gensler Bago ang Pagdinig

Nakatakdang tumestigo si Gensler sa isang oversight hearing noong Martes.

SEC Chair Gary Gensler (Alex Wong/Getty Images)

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U.S. House Committee Publishes Draft Stablecoin Bill; CME to Add New Crypto Offerings

The U.S. House Financial Services Committee published a draft version of a potential landmark stablecoin bill, with proposals including a moratorium on stablecoins backed by other cryptocurrencies and a request to study a central bank digital currency (CBDC). Separately, derivatives marketplace Chicago Mercantile Exchange (CME) is adding to its cryptocurrency offerings with daily expirations for bitcoin (BTC) and ether (ETH) futures options contracts.

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Inilatag ng SEC ang Mga Card Nito sa Mesa Nang May Paggigiit na Bumagsak ang DeFi Sa ilalim ng Mga Panuntunan ng Securities

Maliban na lang kung iba ang isinabatas ng Kongreso, ang pangangasiwa ng US ay hahawak sa karamihan ng mundo ng Crypto sa loob ng hurisdiksyon ng SEC habang ang ahensya ay kumikilos upang gawing mas malinaw ang abot nito.

U.S. Securities and Exchange Commission (Jesse Hamilton/CoinDesk)

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House Committee Publishes Draft Version of Stablecoin Bill

The U.S. House Financial Services Committee published a draft version of a potential landmark stablecoin bill, with proposals including a moratorium on stablecoins backed by other cryptocurrencies and a request to study a central bank digital currency (CBDC). CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De breaks down the first possible major piece of crypto legislation that could move in 2023.

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2022 Was Undeniably Miserable Year for Crypto: BitGo CEO

During a crypto hearing held by the House Financial Services Committee’s subcommittee on digital assets, financial technology and inclusion, BitGo CEO Mike Belshe outlined the underlying problem for the digital assets industry in the wake of Silvergate Bank's collapse.

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Bitcoin Outlook as Powell Softens Tone on Day 2 of Congressional Testimony

Testifying before the House Financial Services Committee for his semi-annual monetary policy report on Wednesday, Powell made a notable change from Tuesday's Senate testimony in his prepared remarks. "I stress that no decision has been made on this," Powell added today, when talking about the pace of rate hikes. "The Hash" panel discusses Powell's speech and the implications for the crypto markets.

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Fed's Powell: No Decision yet on Size of March Rate Hike

U.S. Federal Reserve Chairman Jerome Powell stressed that the central bank has yet to decide on the size of the rate hike when the Federal Open Market Committee (FOMC) meets later in March. Testifying before the House Financial Services Committee for his semi-annual monetary policy report on Wednesday, Powell made a notable change from Tuesday's Senate testimony in his prepared remarks.

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House Digital Assets Panel Chair Handa nang Makipagtulungan sa Ag Committee sa Crypto Framework

Si U.S. Representative French Hill ay ang chairman ng bagong nabuong Financial Services Subcommittee on Digital Assets.

The United States Capitol (Getty Images)

Policy

FTX Money Backed US Lawmakers With Future of Crypto in their Hands

Ang mga kampanya ng 38% ng mga nasa apat na pinakamahalagang komite, kabilang ang mga pangunahing pinuno, ay nakakuha ng pera mula sa dating CEO na si Sam Bankman-Fried at iba pang mga executive, ayon sa mga rekord ng Federal Election Commission.

FTX founder Sam Bankman-Fried  (Michael M. Santiago/Getty Images)