Treasury News
Treasury
During a House Financial Services Committee hearing last week, lawmakers raised concerns about the regulatory approach to digital assets in the U.S. and highlighted the lack of a clear regulatory regime for trading platforms.
Treasury
Hearing Addresses Stablecoins' Role in Payments and Need for Legislation: “turf war” between regulators “unsustainable”
The House Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion, led by Chairman French Hill (AR-02), held a hearing on April 19 titled "Understanding Stablecoins’ Role in Payments and the Need for Legislation."
Treasury
SEC Chair Gensler criticized for “nonsensical” regulation of digital assets: “approach is driving innovation overseas”
Members of the House Financial Services Committee, led by Chairman Patrick McHenry, questioned Securities and Exchange Commission (SEC) Chair Gary Gensler in a recent hearing for his approach to digital asset regulation and rulemaking.
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