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U.S. Congress Nixes Bill For Crypto Task Force

A bill that seeks to create a task force to combat the use of cryptocurrency in financing terrorism has just passed the House of Representatives. House Resolution 5036 (H.R.5036), which purports to establish the “Independent Financial Technology Task Force,” was sent to the House of Representatives on Wednesday, September 26, …

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U.S. Congress Nixes Bill For Crypto Task Force

The U.S. Congress has nixed a invoice that appeared to create a job pressure to struggle using cryptocurrency in financing terrorism. House Resolution 5036 (H.R.5036), which purported to ascertain the “Independent Financial Technology Task Force,” used to be despatched to the House of Representatives on Wednesday, September 26, 2018, for …

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Powell agrees with Bernanke that Congress shouldn’t have taken away Fed’s crisis-fighting tools

Chip Somodevilla/Getty Images Former Treasury Secretary Timothy Geithner, former Federal Reserve Bank Chairman Ben Bernanke and previous Securities and Exchange Commission Chairman Mary Schapiro attesting about Lehman Brothers chapter in April 2010 Federal Reserve Chairman Jerome Powell stated Wednesday that he agrees with his predecessor Ben Bernanke that Congress …

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US Congress Holding Roundtable With Industry Insiders to Draft Growth Promoting Regulations

Facing a murky regulatory landscape in the U.S., representative Warren Davidson, R-Ohio, is hosting a roundtable Tuesday that includes representatives from Wall Street, venture capital firms, government regulators, and cryptocurrency industry insiders in attempts to draft policy that doesn’t stifle growth. Crypto Regulation to Be Discussed by Insiders as Well …

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Three Pro-Cryptocurrency Bills to Be Introduced to Congress

Three pieces of legislation will be brought before Congress by the co-chair of the Congressional Blockchain Caucus. Their intent is to streamline the growing industry by introducing concise and transparent guidelines for businesses and investors, while also providing a safe harbor for taxpayers who use cryptocurrencies.    Accelerating the Development …

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