The House Financial Services Committee recently passed a bill that prevents the Federal Reserve from issuing a central bank digital currency, or CBDC, to individuals. The CBDC Anti-Surveillance Sta...
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U.S. Rep. Tom Emmer (R-MN) introduced legislation that would halt the Federal Reserve from issuing a central bank digital currency (CBDC). Emmer’s CBDC Anti-Surveillance State Act prohibits the F...
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Visa is expanding its stablecoin settlement capabilities to the Solana blockchain and is working with merchant acquirers Worldpay and Nuvei. The payment processing company has already moved million...
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A group of Republican House leaders are voicing their objections to the Federal Reserve related to the establishment of a regulatory framework for payment stablecoins. The lawmakers, led by Rep. ...
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The U.S. Department of the Treasury and the Internal Revenue Service (IRS) today released proposed regulations on the sale and exchange of digital assets by brokers. This proposal is part of the ...
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PayPal is launching a U.S. dollar-denominated stablecoin called PayPal USD. PayPal USD is designed to contribute to the opportunity that stablecoins offer for payments. The stablecoin is fully ba...
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U.S. Sens. Elizabeth Warren (D-MA), Bob Casey (D-PA), Richard Blumenthal (D-CT), and Bernie Sanders (I-VT) are encouraging the Department of the Treasury (Treasury) and the Internal Revenue Service (I...
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The Securities and Exchange Commission (SEC) has detailed charges against an individual and three unincorporated entities for allegedly conducting unregistered offerings of crypto asset securities. ...
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The House Financial Services Committee is espousing the benefits of advancing seven pieces of legislation addressing a myriad of issues. The Clarity for Payment Stablecoins Act of 2023 (H.R. 4766) ...
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The House Financial Services Committee passed six bills this week, several of which focus on digital assets. Among them is the Financial Innovation and Technology for the 21st Century Act (H.R. 47...
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