Arkansas Republican Congressman French Hill recently sent a letter to Securities Exchange Commission (SEC) Chairperson Gary Gensler and other officials calling for a suspension of all ongoing rulemaking. Hill said that the public is deeply dissatisfied with the excessive regulation of the previous government, especially in the field of crypto, which may limit innovation. He criticized existing rules for constraining economic growth, emphasizing that they should be suspended to restore the balanc...
According to official news, after obtaining currency transmission licenses in Arkansas, Iowa, and New Hampshire, Fiat-crypto payment solution provider Alchemy Pay announced that it has obtained another currency transmission license in New Mexico, USA. Due to the regulatory independence of each state in the United States, Alchemy Pay also revealed that it is currently actively applying for currency transmission licenses in other states.