House Financial Services Committee

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​​SEC Chair Gary Gensler Dodges Answering Question: ‘Is Ether a Security?’
U S Securities and Exchange Commission Chair Gary Gensler repeatedly dodged the question on whether Ethereum is a security or a commodity in Tuesday's House Financial Services Committee hearing Linklaters U S head of fintech and head of blockchain and digital assets Joshua Ashley Klayman weighs in saying the fact he did equivocate on the [...]
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Reps. Patrick McHenry (left) and Maxine Waters (Alex Wong/Getty Images)
Democrats Blast Draft Stablecoin Bill in First 2023 Hearing on Issue
Despite Republican House committee leaders publishing a draft bill and talking about progress, it hasn't been on the bipartisan level required for an eventual law, lawmakers said in a hearing Wednesday.
Reps. Patrick McHenry (left) and Maxine Waters (Alex Wong/Getty Images)

SEC Chair Gensler Testifies Before Senate Banking Committee
SEC Chair Gensler Declines to Say if Ether Is a Security in Contentious Congressional Hearing
Gary Gensler testified before the House Financial Services Committee for roughly five hours on Tuesday.
SEC Chair Gensler Testifies Before Senate Banking Committee

Rep. Patrick McHenry (R-N.C.)
What’s in the House Financial Services Committee’s Stablecoin Bill?
It would ban a future terraUSD, at least temporarily, and create licensing rules for fiat-backed stablecoin issuers.
Rep. Patrick McHenry (R-N.C.)

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SEC Chair Gary Gensler in Congressional Hot Seat Over Crypto Policy and Plans
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler got grilled today in a heated hearing before the House Financial Services Committee over crypto policy and regulation. "The Hash" panel discusses their reactions and the outlook for crypto regulatory clarity.
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U.S. House Committee Publishes Draft Stablecoin Bill; CME to Add New Crypto Offerings
The U S House Financial Services Committee published a draft version of a potential landmark stablecoin bill with proposals including a moratorium on stablecoins backed by other cryptocurrencies and a request to study a central bank digital currency CBDC Separately derivatives marketplace Chicago Mercantile Exchange CME is adding to its cryptocurrency offerings with daily expirations [...]
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U.S. Securities and Exchange Commission
SEC Lays Its Cards on the Table With Assertion That DeFi Falls Under Securities Rules
Unless Congress legislates otherwise, U.S. oversight will hold most of the crypto world inside the SEC’s jurisdiction as the agency moves to make its reach increasingly explicit.
U.S. Securities and Exchange Commission

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House Committee Publishes Draft Version of Stablecoin Bill
The U S House Financial Services Committee published a draft version of a potential landmark stablecoin bill with proposals including a moratorium on stablecoins backed by other cryptocurrencies and a request to study a central bank digital currency CBDC Coin Desk Global Policy and Regulation Managing Editor Nikhilesh De breaks down the first possible major [...]
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2022 Was Undeniably Miserable Year for Crypto: BitGo CEO
During a crypto hearing held by the House Financial Services Committee’s subcommittee on digital assets, financial technology and inclusion, BitGo CEO Mike Belshe outlined the underlying problem for the digital assets industry in the wake of Silvergate Bank's collapse.
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