Texas Introduces Bill Prohibiting Use of Digital Currency, Citing Concerns over Government Oversight
A bill has been introduced in Texas that would prohibit the use of digital currency in the state by the U.S. Federal Reserve (Fed). The document details why the digital dollar is a bad idea. "Retail CBDCs are issued ...
US Democratic Lawmakers Criticize Stablecoin Regulation Bill
The stablecoin regulation bill has come under fire from Democratic lawmakers in the United States, who are concerned that the lack of a clear regulatory framework may lead to stablecoin issuers seeking out other jurisdictions. The bill, which was created in 2022 by Republican Patrick McHenry of N ...
US Congressman Announces Bill to Remove SEC Chairman and Change Decision-Making Process
Warren Davidson, a member of the US House Financial Services Committee, has made headlines by announcing his intention to propose a bill that would change the way decisions are made at the SEC. Specifically, he wants to eliminate the position of chairman and replace it with an executive director ...