House Financial Services Committee

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.

By Jesse Hamilton

Apr 17, 2023 at 7:00 p.m. UTC

Apr 17, 2023

AnalysisSecurities and Exchange CommissionDeFiHearingsHouse Financial Services Committeeregulations

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 [...]

By CoinDesk Inc

Apr 17, 2023 at 3:00 p.m. UTC

Apr 17, 2023

Nikhilesh DecdtvStablecoinFM ClipHouse Financial Services Committeecrypto regulationNik DeStateCrypto_Sponsor

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Mike belshe

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.

By CoinDesk Inc

Mar 9, 2023 at 8:33 p.m. UTC

Mar 9, 2023

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Cdtv

Bitcoin Outlook as Powell Softens Tone on Day 2 of Congressional Testimony

Testifying before the House Financial Services Committee for his semi annual monetary policy report on Wednesday Powell made a notable change from Tuesday's Senate testimony in his prepared remarks I stress that no decision has been made on this Powell added today when talking about the pace of rate hikes The Hash panel discusses Powell's [...]

By CoinDesk Inc

Mar 8, 2023 at 6:13 p.m. UTC

Mar 8, 2023

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Federal reserve

Fed's Powell: No Decision yet on Size of March Rate Hike

U S Federal Reserve Chairman Jerome Powell stressed that the central bank has yet to decide on the size of the rate hike when the Federal Open Market Committee FOMC meets later in March Testifying before the House Financial Services Committee for his semi annual monetary policy report on Wednesday Powell made a notable change [...]

By CoinDesk Inc

Mar 8, 2023 at 4:49 p.m. UTC

Mar 8, 2023

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CDCROP: United States Capitol From the House of Representatives (Getty Images)

Policy

House financial services committee

House Digital Assets Panel Chair Ready to Work With Ag Committee on Crypto Framework

U.S. Representative French Hill is the chairman of the newly formed Financial Services Subcommittee on Digital Assets.

By Stephen Alpher

Mar 2, 2023 at 6:53 p.m. UTC

Mar 2, 2023

House Financial Services CommitteeUSCongressLegislationRegulation

Policy

Regulations

FTX Money Backed US Lawmakers With Future of Crypto in Their Hands

The campaigns of 38% of those on the four most important committees, including key leaders, got money from former CEO Sam Bankman-Fried and other executives, according to Federal Election Commission records.

By Jesse Hamilton

Feb 6, 2023 at 7:27 p.m. UTC

Feb 6, 2023

regulationsFTX collapseFTXPolitical CampaignsDonationsSenate Agriculture CommitteeSenateHouse Financial Services CommitteeCongressUS

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Cdtv

Lawmaker Wants Treasury Secretary Yellen to Delay Crypto Tax Provision

Rep Patrick Mc Henry R N C a top Republican on the House Financial Services Committee wants the U S Treasury Department to delay implementing the crypto tax provisions in last year's Infrastructure Investment and Jobs Act until there is further clarity on who's covered by the bill The Hash panel discusses the latest in [...]

By CoinDesk Staff

Dec 16, 2022 at 6:20 p.m. UTC

Dec 16, 2022

cdtvTaxHash clipHouse Financial Services Committeecrypto regulationTreasury DepartmentRepublicanInfrastructure investment and jobs act

Rep. Patrick McHenry (Shutterstock/CoinDesk)

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Regulations

Incoming House Financial Services Committee Chair Asks Secretary Yellen to Delay Crypto Tax Provision

Rep. Patrick McHenry. who chairs the committee in January, expressed his concerns in a letter to Treasury Secretary Janet Yellen.

By Nikhilesh De

Dec 15, 2022 at 9:54 p.m. UTC

Dec 15, 2022

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Cdtv

U.S. Attorney for SDNY Announces Charges Against Sam Bankman-Fried

Damian Williams the United States Attorney for the Southern District of New York announced that former FTX CEO Sam Bankman Fried was charged in an 8 count indictment that includes allegations of fraud money laundering and campaign finance offenses Plus in testimony before the U S House Financial Services Committee new FTX CEO John J [...]

By CoinDesk Inc

Dec 13, 2022 at 9:27 p.m. UTC

Dec 13, 2022

cdtvSam Bankman-FriedFTXaab clipHouse Financial Services CommitteeftxforarcSouthern district of new yorkDamian williamsLaundering