#US Congress

Highlights: The new bill requires stablecoin issuers to maintain equal reserves to help minimize market instability. Republicans have also introduced a competing stablecoin bill that gives the OCC authority instead of the Federal Reserve. The Congress is forming a bipartisan […]

Highlights: The House Oversight Committee is investigating improper debanking of the crypto industry. Crypto executives accuse the previous administration of imposing banking restrictions.  The former administration has denied claims of crypto suppression and other unethical services. The U.S. House Oversight […]

Highlights: US lawmaker Rep Don Davis has called on Congress to pass stablecoin legislations. Stablecoins backed by the U.S. Dollar could lead to economic reforms. Donald Trump’s second term is tipped to usher in the needed regulations.  Rep Don Davis, […]

Highlights: Digital Chamber urges Congress to exempt NFTs from securities laws. TDC argues NFTs should be seen as consumer goods, not investments. SEC’s recent NFT actions raise concerns about new regulatory practices. On Tuesday, the crypto and blockchain advocacy organization […]