House Republicans have unveiled legislation they say fills in gaps in the country’s cryptocurrency regulations. The draft proposal, authored by Reps. Patrick McHenry of North Carolina...
Artificial intelligence (AI) technology’s dramatic surge in the private marketplace has caught lawmakers’ attention. This, as leaders of the G7 nations — the U.S., U.K.,...
U.S. lawmakers faced off Thursday (May 18) over two proposed stablecoin bills. Both bills under consideration would allow both banks and non-banks to issue stablecoins. It was...
A top House Republican says White House “mismanagement” helped trigger the recent banking crisis. Rep. Patrick McHenry (R-N.C.) chairs the House Financial Services Committee, which...
The head of ChatGPT parent OpenAI is pleading with Congress to regulate his company’s technology. Testifying before a Senate subcommittee Tuesday (May 16), Sam Altman likened artificial intelligence’s...
The head of the House Financial Services Committee expects to soon put forth cryptocurrency legislation. Rep. Patrick McHenry, R-N.C., told an audience at CoinDesk’s Consensus...
Congress has rebranded cryptocurrency to “digital assets,” but still can’t chart a go-ahead future. As evidenced by two hearings held in tandem Thursday (April 27)...
The political parties are reportedly divided over potential congressional action on stablecoin regulations. During a Wednesday (April 19) hearing in the House, Republicans favored reviving...
The U.S. Congress is looking to bring stablecoins deeper into the regulatory fold. And potentially the broader global financial system. A new 73-page draft bill,...