American lawmakers have approved a bill that could ban TikTok in the U.S. The U.S. House of Representatives voted 352-65 Wednesday (March 13) in favor of the legislation, aimed at compelling ByteDance, the Chinese owner of the popular social media platform, to divest its U.S. assets within six months. Failure...
Call it the silent killer — of merchants’ bottom lines. The rise of organized retail theft has spared increased scrutiny on Capitol Hill. And Tuesday (June 13), at a hearing titled “The Rise in Organized Retail Crime and the Threat to Public Safety,” members of...
House Republicans have unveiled legislation they say fills in gaps in the country’s cryptocurrency regulations. The draft proposal, authored by Reps. Patrick McHenry of North Carolina and Glenn Thompson of Pennsylvania, gives the Commodity Futures Trading Commission (CFTC) explicit spot market authority over crypto commodities under...
Congress has rebranded cryptocurrency to “digital assets,” but still can’t chart a go-ahead future. As evidenced by two hearings held in tandem Thursday (April 27) by the Digital Assets, Financial Technology and Inclusion Subcommittee and the Commodity Markets, Digital Assets, and Rural Development Subcommittee, the...
May 10, 2024
A bill that promises regulatory clarity for digital assets has moved a step closer to a vote in the U.S. House. The House Committee on Rules said Friday (May 10) that it will consider the Financial Innovation and Technology for the 21st Century (FIT21) Act (H.R. 4763), which means the bill could go to a floor vote later in […]
March 13, 2024
American lawmakers have approved a bill that could ban TikTok in the U.S. The U.S. House of Representatives voted 352-65 Wednesday (March 13) in favor of the legislation, aimed at compelling ByteDance, the Chinese owner...
June 04, 2023
House Republicans have unveiled legislation they say fills in gaps in the country’s cryptocurrency regulations. The draft proposal, authored by Reps. Patrick McHenry of North Carolina and Glenn Thompson of Pennsylvania,...
April 16, 2023
U.S. lawmakers this week will hold hearings that could decide the future of stablecoins. The House Financial Services Committee is due to meet Wednesday (April 19) for a hearing on...
