According to News.bitcoin, House Financial Services Committee Chairperson French Hill and Representatives Dan Meuser, Andy Barr, and Bryan Steil have urged the Federal Deposit Insurance Corporation (FDIC) to implement clearer regulations on digital assets. In a letter to FDIC Acting Chairperson Travis Hill, lawmakers expressed concern about federal regulators forcing banks to deny services to cryptocurrency-related businesses, a practice known as "banning bank accounts."
The US House of Representatives committee will hold a hearing on the digital payments ecosystem on March 11.
On February 16th, during a hearing of the US House Financial Services Committee, Rep. Ayanna Pressley expressed strong concerns about the growing prevalence of cryptocurrency scams and urged stronger consumer protections. She emphasized that the Consumer Financial Protection Bureau (CFPB) played an important role in fighting fraud, but was disbanded under the influence of Trump and Musk, particularly through...
The US House Financial Services Committee held a hearing on digital assets on February 11. Republican Congressman Tom Emmer said that crypto technology transfers economic power from central institutions back into the hands of the people. Democratic lawmakers expressed concerns about Trump's Meme coin, which Sean Casten said lacked real value. In terms of stablecoin regulation, committee chair French Hill and Democratic leader Maxine Waters respectively proposed a regulatory framework. Investment...
According to Forbes business reporter Eleanor Terrett, the U.S. House Financial Services Committee will hold a hearing on February 12 at 3:30 PM on the topic "The Golden Age of Digital Assets: Charting the Way Forward." Jonathan Jachym, Deputy General Counsel and Head of Global Policy and Government Relations at Kraken Trading Platforms, will appear as a witness at the hearing, which will be broadcast live on YouTube.
Florida State Representative Webster Barnaby has introduced the state's second bitcoin reserve bill, which would allow the chief financial officer to invest 10% of the state's funds in bitcoin.
House Republicans are seeking to cut federal spending by $2 trillion to $2.50 trillion.
House Republicans are seeking to cut federal spending by $2 trillion to $2.50 trillion.
Johnson, the speaker of the US House of Representatives, has said that Republicans will find funding sources to cover Trump's tax cuts.
U.S. Representatives French Hill and Brian Steele have released a discussion draft of a bill that would establish a regulatory framework for U.S. dollar-pegged payment stablecoins. The legislation would impose a two-year ban on the issuance of "endogenous collateralised stablecoins", meaning issuers would be prohibited from creating stablecoins backed by self-issued digital assets. In addition, it would require the US Treasury to promote research on stablecoins. Before the draft bill was release...
Kentucky Rep. TJ Roberts sponsored HB376, a bill that would allow Kentucky to invest up to 10% of its state funds in digital assets worth more than $750 billion. Kentucky became the 16th state in the United States to introduce a bill related to bitcoin reserves. The bill is known as the Inflation Protection Act of 2025.
According to Forbes reporter Eleanor Terrett, Republican members of the U.S. House Financial Services Committee have announced the list of witnesses for next Tuesday's hearing on the topic "The Golden Age of Digital Assets: Charting the Way Forward." Participants: Jonathan Jachym, Deputy General Counsel and Head of Global Policy and Government Affairs at Kraken Ji Kim, President and Acting CEO of the Crypto Innovation Council Coy Garrison, Partner at SteptoeLLP and former SEC advisor Jose Fernan...
According to BitcoinMagazine, a bill allowing Utah to invest in bitcoin has passed the state's House of Representatives and will be sent to the Senate for further consideration.
On February 6th, the US House Financial Services Committee Oversight and Investigations Subcommittee will hold a hearing at 14:00 EST on February 6th (3:00 AM Beijing time on the 7th), with the theme of "Choke Point 2.0: How the Biden Administration is cracking down on cryptocurrencies", focusing on the issue of banking services restrictions facing the crypto industry. Witnesses include Austin Campbell, Paul Grewal, Fred Thiel, and Shayna Olesiuk, and are expected to address the attitude of fina...
The chairperson of the U.S. House Financial Services Committee, FrenchHill, said that both houses of Congress will establish a cryptocurrency working group.