The U.S. House of Representatives is on the verge of a vote on Wednesday that is widely expected to approve comprehensive cryptocurrency legislation with bipartisan support – a major milestone for the industry – and several Democrats there are pushing their colleagues to vote yes.
‘Congress Needs to Act’ on Crypto Regulations, CFTC Chair Behnam Tells Lawmakers
The CFTC Chair was testifying on the regulator’s 2025 budget request.
Crypto Bill Advances Out of House Agriculture Committee
The House Agriculture Committee advanced the Financial Innovation Technology for the 21st Century Act, a day after the House Financial Services Committee did.
Robinhood Joins Coinbase in Saying It Tried to ‘Come In and Register’ Like SEC Wanted
With Coinbase (COIN) and Binance accused of running illegal exchanges by the U.S. Securities and Exchange Commission (SEC), the latest industry testimony in the U.S. House of Representatives this week revealed that companies had desperately sought the agency’s help to properly register but were turned away.
U.S. House Republicans Push for Crypto Oversight With Bill to Make SEC Play Ball
Crypto exchanges would gain a path to registering with the U.S. Securities and Exchange Commission (SEC) and would be able to trade digital securities, commodities and stablecoins all in one place under a proposal from the Republican chairs of the two House of Representatives committees trying to hash out a bill.
U.S. House Will Have Crypto Bill in 2 Months: McHenry
AUSTIN, Texas – The U.S. House Financial Services Committee and House Agriculture Committee will put together legislation to oversee the crypto sector in the “next two months” after holding joint public hearings starting May, said Patrick McHenry (R–N.C.), chair of the House Financial Services Committee.
Former CFTC Chair Timothy Massad Among Witnesses for House Crypto Hearing
Titled, “The Future of Digital Assets: Identifying the Regulatory Gaps in Spot Market Regulation,” the hearing will take place on Thursday afternoon.