North Carolina Representative Patrick McHenry, the current ranking member of the House Financial Services Committee and chair starting in January, has reintroduced legislation aimed at creating innova...
Tag: Committee
January 6 Committee Recommends Four Criminal Charges Against Trump
Topline The January 6 House Committee made four criminal referrals against former President Donald Trump to the Justice Department on Monday in its final hearing culminating its 18-month-long investig...
The United States Might Need to Ban Crypto, Says Banking Committee Chief
U.S. Senator and chairman of the Senate Banking Committee, Sherrod Brown (D-OH), spoke on Sunday about what actions regulators need to take after the implosion of FTX. He suggested that crypto may be...
Basel Committee Finalizes Rules for Bank Exposure to Cryptocurrency Assets – Regulation Bitcoin News
The Basel Committee, the organization in charge of setting global bank standards, has finalized its new rules related to banks and cryptocurrency exposure. The document establishes two different crypt...
Financial Security Oversight Committee (FSOC) Calls On Congress To Regulate Spot Crypto Trading
Join Our Telegram channel to stay up to date on breaking news coverage After witnessing repeated mishaps in the cryptocurrency market, the US financial regulators have once again started to urge congr...
Gemini Forms Creditors Committee With Houlihan Lokey to Resolve Genesis Liquidity Issues – Bitcoin News
Roughly two weeks ago a report from the Financial Times (FT) claimed Genesis Global Capital owed $900 million to Gemini customers and the publication’s sources noted that the exchange was attempting t...
Jan. 6 Committee May Vote To Criminally Charge Trump
Topline The House January 6 committee is considering asking the Justice Department to pursue criminal charges against former President Donald Trump, according to multiple reports, ahead of releasing t...
Basel Committee Endorses Global Crypto Banking Rules be Implemented by 2025
The classification conditions the committee have set out include ensuring crypto passes a redemption risk test and basis risk test. “The redemption risk test is to ensure that the reserve assets...
House Financial Services Committee leader wants to extend crypto tax reforms
The chairman of the House Financial Services Committee, who is a leading Republican, has asked the Treasury Department to postpone enforcing the crypto tax provisions of the Infrastructure Investment ...
US DOJ Appoints Creditor’s Committee, SBF Files New Bail Request
The US Dept. of Justice’s Office of the US Trustee has appointed a Committee of Unsecured Creditors to represent FTX account holders and other creditors in the bankruptcy case of the collapsed crypto ...
The New House Financial Services Committee Head Wants To Postpone Crypto Tax Measures
Representative Patrick McHenry, a Republican from the United States, sent a letter to the Treasury Department in which he asked for clarification on a portion of the digital asset tax that had been po...
New House Financial Services Committee chair wants to delay crypto tax changes
The incoming United States House Financial Services Committee chair Patrick McHenry wants the Treasury to delay the implementation of a section of the Infrastructure Investment and Jobs Act that deals...
US DoJ names Genesis in FTX creditors committee
Crypto lending platform Genesis, along with popular crypto market maker Wintermute and others, will form the FTX creditors committee. Genesis and other FTX victims form the bankruptcy committee A cour...
US Trustee names Wintermute on creditor committee in FTX bankruptcy case
A United States Trustee has announced nine creditors to the committee responsible for part of crypto exchange FTX’s bankruptcy proceedings. According to court documents filed Dec. 15, U.S. Trustee And...
Wintermute, Venture Cap Octopus Given Seats on Key FTX Creditor Committee
The committee, responsible for representing those who are hoping to be repaid at the conclusion of bankruptcy proceedings – specifically the unsecured creditors who have no claim on FTX collateral – w...
Committee to represent creditors formed in FTX bankruptcy case
A committee to represent unsecured creditors and serve as the voice for most FTX customers in court was established in the U.S. bankruptcy case of FTX and its affiliated companies. The formation...
Stellar Development Foundation, International Rescue Committee pilot blockchain-powered aid system in Ukraine
The International Rescue Committee (IRC) and the Stellar Development Foundation (SDF) have partnered to pilot a blockchain-powered cash disbursement system in Ukraine. The pilot, called Stellar Aid As...
House Oversight Committee Puts Political Agenda Above Energy Security
FILE – House Oversight and Reform Subcommittee on Environment Chair Ro Khanna (D-Calif.) led last … [+] week’s hearing on the oil industry and climate change. (AP Photo/Jacquelyn Mar...
FTX CEO John J. Ray III Testifies as Committee Grills for Answers
The CEO of FTX, John J. Ray III, testifies to the US House Committee on Financial Services. He claims $1 billion worth of assets are secured. After the collapse of FTX, Tuesday was another day filled...
SBF to Testify Remotely At the Senate Banking Committee Hearing Tomorrow Amid Fear of “Paparazzi Effect”
– Advertisement – FTX founder said he is not planning to attend the testimony in person. Sam Bankman-Fried (SBF), the former CEO of FTX cryptocurrency exchange, disclosed today that he ha...
Sam Bankman-Fried says he will testify before the US House Financial Services Committee remotely
Continuing his so-called apology tour, Sam Bankman-Fried appeared on a Twitter Space with Unusual Whales and told nearly 60,000 listeners that he intends to testify at the United States House of Repre...
Argentina Organizes National Blockchain Committee to Implement State Level Strategy – Blockchain Bitcoin News
The government of Argentina has designated a national blockchain committee in order to establish the directives for a state-level blockchain adoption strategy. In a document, Argentina remarks on the ...
Congressional committee confirms SBF as FTX hearing witness
Disgraced FTX founder Sam Bankman-Fried is slated to testify in a congressional hearing on the collapse of the company, the U.S. House of Representatives Committee on Financial Services confirmed. &#...
Sam Bankman-Fried Testify Before House Committee On Dec. 13
Sam Bankman-Fried News: Former FTX CEO Sam Bankman-Fried said he is willing to testify before the U.S. House Committee on Financial Services on December 13. However, he said there would be limitations...
SBF Willing to Testify Before US House Committee of Financial Services Next Week
The former CEO of FTX – Sam Bankman-Fried – said he is “willing” to testify before the relevant US authorities on December 13. He vowed to shed more light on the reasons behind his exchange’s collapse...
Sam Bankman-Fried ‘Willing’ to Testify Before House Financial Services Committee
Sam Bankman-Fried, the former CEO of collapsed crypto exchange FTX, announced today that he is willing to testify before the House Financial Services Committee. “I still do not have access to mu...
Bankman-Fried says he’s willing to testify before US House Committee
Cryptocurrency news continues to be punctuated by developments around FTX and its former CEO Sam Bankman-Fried. The latest this time is that he will testify at the United States House Committee on Fin...
Sam Bankman-Fried says he will testify before congressional committee
Former FTX CEO Sam Bankman-Fried (SBF) confirmed he is willing to testify in front of the House Committee on Financial Services in Washington D.C. next Wednesday. “I still do not have acce...
U.S. banking committee says SBF ‘must answer for the failure’ of FTX
The US senate banking committee in a Dec. 7 letter to Sam Bankman-Fried said he must answer for the failure of his crypto firms in a hearing scheduled for Dec. 14. The committee chairman Sherrod Brown...
Senate Banking Committee calls on Bankman-Fried to testify on Dec. 14
The U.S. Senate Banking Committee wants Sam Bankman-Fried to testify on the collapse of his crypto exchange, FTX and linked trading firm, Alameda Research. “As the Founder and CEO of FTX ...
Argentine Government Creates National Blockchain Committee
“Blockchain technologies have emerged as one of the greatest innovations in the field of information technologies, providing the effective possibility of optimizing public-sector processes and the tra...
House committee weighing subpoena for Sam Bankman-Fried
Senior members of the House Financial Services Committee are weighing a subpoena to compel embattled former FTX CEO Sam Bankman-Fried to testify, though little time remains to enforce one during this ...