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us congress News and Articles



FED

The Fed recommends Congress accelerate the development of a digital dollar

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The Federal Reserve will recommend to Congress to expedite the Digital Dollar Launch Project (CBDC). As the head of the Federal Reserve Jerome Powell noted, the modernization of the financial infrastructure of the state requires certain decisions. However, this issue should not be a priority at...

Lummis

Cynthia Lummis plans to present a bill to legalize the cryptosphere

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Senator Cynthia Lummis from Wyoming plans to submit a crypto sphere bill next year for consideration by the US Congress. She told Bloomberg that this is a large-scale document designed to stimulate the development of the blockchain industry in the United States and ensure the safety of...

US congress stablecoins hearing

Stablecoins Hearing Held at the US Congress

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The Senate Banking Committee discussed the sector of stablecoins in a recent hearing. Subjects of regulations and whether the assets are good for the economy or can lead to a financial crisis were raised. Four witnesses testified: director of financial policy at Open Markets, Alexis Goldstein,...

US Congress

US Congress discussed the problems of legalizing crypto

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Issues related to crypto regulation are periodically raised in the US Congress. Last Wednesday, the House of Representatives Finance Committee again held a meeting to assess the risks and implications of legalizing digital currencies. This event was attended by representatives of the expert...

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