Tag: U.S. House of Representatives
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U.S. House of Representatives forms new cryptocurrency subcommittee
The U.S. House of Representatives has created a new congressional subcommittee focused on digital assets, as one of its first moves under the control...
Op-ed: The FTX collapse is likely the bottom for the crypto market, if this one thing happens
When investors put money on an exchange, they shouldn’t have to worry if it’ll vanish tomorrow. Their only worry should be...
Safe as houses? How tokenizing real estate offers a new approach to bricks-and-mortar investment
As the aftershocks of the FTX cryptocurrency exchange collapse continue to rock the digital asset industry, some familiar accusations about the sector have been...
U.S. Congressman Brad Sherman: ‘Crypto Is a Garden of Snakes’
On Tuesday (14 December 2022), U.S. Congressman Brad Sherman (D-CA) shared his thoughts on the crypto space in the wake of the collapse of FTX and...
SBF To Spend Christmas In Prison After Being Denied Parole By The Bahamas
On December 13, 2022, Bahamian authorities denied parole to Sam Bankman-Fried, also known as SBF, after he was charged by U.S. lawmakers with...
SBF Charged with Conspiracy, Wire Fraud, Money Laundering by Justice Department, Securities Violations by SEC
After weeks of speculation, the U.S. Department of Justice has officially filed criminal charges against Sam Bankman-Fried, the former CEO and founder of FTX....
Bipartisan Bill to Eliminate Taxes for Small Bitcoin Transactions
The proposed legislation seeks to reduce friction in the usage of bitcoin as a daily currency.
CBDCs: Still a Work in Progress, Why?
The boost in the development of the digital economy in lieu of the pandemic has created a higher demand for central bank digital currencies (CBDCs).
Never Ending True Lender Uncertainty
By Jeremy McLaughlin and John Reveal On June 24, 2021, the U.S. House of Representatives passed a resolution to overturn the Office of the Comptroller of the Currency’s (“OCC”) “true lender” regulation that had been finalized on October 30, 2020. This resolution revives the uncertainty regarding the enforceability of loan terms when a national bank […]
Fed Chairman Jerome Powell Met With Leaders of Coinbase, Digital Dollar Project
The U.S. Fed Chairman Jerome Powell, Coinbase CEO Brian Armstrong and Chris Giancarlo of the Digital Dollar Project met in may.
Financial Technology Association Creates Advisory Board, Adds Top Fintech Experts to Guide Strategy
The Financial Technology Association (FTA) announces the formation of an advisory board. The new board will help guide the nascent group’s mission to...
Will Hurd Joins OpenAI’s Board of Directors
OpenAI is committed to developing general-purpose artificial intelligence that benefits all humanity, and we believe that achieving our goal requires expertise...
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