Senators Cynthia Lummis and Kirsten Gillibrand propose comprehensive legislation to regulate stablecoins, aiming to balance consumer protection and innovation while addressing regulatory gaps and ensuring adherence to anti-money laundering rules.
In a recent interview, Anthony Pompliano defends cryptocurrencies amidst criticisms from Jamie Dimon and Senator Elizabeth Warren. The discussion covers Bitcoin's stellar performance, regulatory challenges, and the contrasting views on the future of the crypto industry. Meanwhile, Dimon's call for a crypto shutdown aligns with the growing regulatory scrutiny in Washington.
House Financial Services Committee Chair Patrick McHenry affirms commitment to stablecoin regulation amidst looming government shutdown. Federal rules for stablecoins remain a top priority on Capitol Hill.
House Financial Services Committee Chair Patrick McHenry, in a recent address to a New York forum organized by...
Growing Reservations Surround Tether and its Stablecoin Offerings
In a significant announcement in 2022, Tether, the most valuable stablecoin in the cryptocurrency market, declared its intention to gradually reduce its provision of stablecoin credits against customer collateral to zero by 2024. However, the company continued...
In the realm of modern financial developments, U.S. Representative Patrick McHenry has offered his insights into the recent launch of a U.S. dollar-pegged stablecoin by the eminent payment giant, Paypal.
Exploring the Promise of Stablecoins
Chairing the distinguished House Financial Services Committee, McHenry embraced this momentous...
