Tag: congress

5 Reasons Why Crypto's Future Hinges on Congress Getting Regulation Right

5 Reasons Why Crypto's Future Hinges on Congress Getting Regulation Right

We're standing at a crossroads, folks. Crypto. It's not just Bitcoin anymore, is it? It’s a fascinating, exciting, dangerous, risky – and quite honestly, rather intimidating ecosystem for the everyday person. What comes next is based on more than the cool new buzzed about crypto. It really depends on what...

Stablecoins Under Scrutiny as Congress Moves Towards Regulation

Stablecoins Under Scrutiny as Congress Moves Towards Regulation

Stablecoins, digital assets designed to maintain a stable value, facilitated $15.6 trillion in transactions last year, marking a substantial increase in their use. With the continued expansion of the stablecoin market, Congress is clearly motivated to provide some regulatory clarity sooner than later. Senate Banking Committee has moved important legislation...

NYAG Calls on Congress for Federal Crypto Regulation Amidst Rising Fraud

NYAG Calls on Congress for Federal Crypto Regulation Amidst Rising Fraud

New York Attorney General Letitia James has taken a leading role in calling on Congress to enact federal legislation. She has long advocated for a robust regulatory framework for the nascent cryptocurrency industry. In a letter sent to congressional leaders on April 10, James called for new, uniform standards for...

Congress Seeks Crypto Clarity Amidst Regulatory Debate

Congress Seeks Crypto Clarity Amidst Regulatory Debate

U.S. lawmakers are intensifying their efforts to establish clear regulations for the burgeoning crypto industry, currently valued at $2.7 trillion. On April 9, the House Financial Services Committee’s Subcommittee on Digital Assets, Financial Technology and Artificial Intelligence convened a timely hearing. This challenge marks the start of a new wave...