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French Hill

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Recent News About French Hill

U.S. Rep. Hill on Financial Innovation and Technology for the 21st Century Act: "This bill is filling the gaps in the existing system"

The House Financial Services Committee has voted to advance the Financial Innovation and Technology for the 21st Century Act to a vote in the full House.

By Federal Newswire Report

House committee chairs introduce crypto bill 'to establish a functional regulatory framework that will protect consumers and keep innovation in the United States'

Congressman French Hill (R-AR), chairman of the Subcommittee on Digital Assets, Financial Technology and Inclusion, said he and other committee leaders have introduced a bill aiming to provide regulatory clarity to crypto market participants, protect consumers, and encourage innovators to remain in the U.S. The bill includes paths for industry participants to register with the Commodity Futures Trading Commission (CFTC) and the U.S. Securities and Exchange Commission (SEC) and directs both agencies to work with foreign regulators to develop international standards.

By Federal Newswire Report