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Congress

US digital asset market structure bill stands ‘no chance’ this Congress: investment bank
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16 May, 2024

US digital asset market structure bill stands ‘no chance’ this Congress: investment bank

The FIT21 Act, which is up for a vote in the United States Congress, has "no chance" of becoming law...
House Democrats new AI working group to crack down on deepfakes
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19 August, 2023

House Democrats new AI working group to crack down on deepfakes

The new 97-member working group will be chaired by Rep. Derek Kilmer (D-WA) and prioritize curbing the havoc wreaked by...
US House to vote on digital asset bill giving CFTC greater power
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23 June, 2023

US House to vote on digital asset bill giving CFTC greater power

The bill will clip the SEC’s authority over digital assets, with the CFTC taking a more prominent role, including jurisdiction...
US senator attacks SEC’s digital asset regulatory approach
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18 October, 2022

US senator attacks SEC’s digital asset regulatory approach

It’s the first time a U.S. senator has directly called out Gary Gensler’s SEC, urging the securities regulator to define...
US lawmakers want to look at Justice Department’s CBDC assessment
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7 October, 2022

US lawmakers want to look at Justice Department’s CBDC assessment

House Republicans noted that only Congress has the power to coin money and regulate the value thereof, despite Biden’s order...
New US bill seeks to ban UST-like algorithmic stablecoins for 2 years
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24 September, 2022

New US bill seeks to ban UST-like algorithmic stablecoins for 2 years

The bill has undergone several amendments, and the latest would protect Americans from a Terra-like collapse by banning "endogenously collateralized"...
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