US Lawmakers Probe Prometheum’s Broker-Dealer License: SEC and FINRA Under Scrutiny
US lawmakers want to know under what circumstances Prometheum obtained its broker-dealer license. Congressman Patrick McHenry and more than 20 Republicans sent letters to the SEC and FINRA. Republicans are asking for documents on Prom ...
US Lawmakers Introduce Bill to Combat Terrorist Financing via Cryptocurrencies and Fintech
U.S. lawmakers have introduced a bipartisan bill in the Senate against terrorist financing through cryptocurrencies and financial technology. The bill included Iowa Republican Zach Nunn, Connecticut Democrat Jim Himes, Senator Kirsten Gillibrand, and North Carolina Represen ...
Stellar CEO Urges US Lawmakers to Regulate Stablecoins to Strengthen National Currency
According to an interview with Bloomberg, the CEO of the Stellar Development Foundation, Denelle Dixon, believes that US lawmakers need to develop regulation for stablecoins tied to the US dollar. This would help strengthen the value of the national currency, as US financial regulators are increa ...
US Lawmakers Introduce Bipartisan Bill to Regulate Blockchain
US lawmakers have introduced a bipartisan bill to regulate the blockchain, according to which the activities of developers should not be regulated on a par with custodial services. The proposal was put forward by US Congressmen Republican Tom Emmer and Democrat Darren Soto. The bill implies that ...