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...
A leading House Republican is questioning the federal government’s response to First Republic Bank’s collapse. In a statement issued Monday (May 1), House Financial Services...
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)...
Two congressional hearings later, and crypto’s future in the U.S. remains as uncertain as ever. Fresh from Tuesday’s (April 18) House Financial Services Committee hearing...
U.S. lawmakers this week will hold hearings that could decide the future of stablecoins. The House Financial Services Committee is due to meet Wednesday (April...
House Republicans want more answers from the White House on the recent banking crisis. The chair and vice chairman of the House Financial Services Committee...