HFSC Subcommittee Hearing
On June 5, the House Financial Services Committee Subcommittee on Digital Assets, Financial Technology, and Inclusion held a hearing entitled “Next Generation Infrastructure: How Tokenization of Real-World Assets Will Facilitate Efficient Markets.” Witnesses in the hearing were: Mr. Carlos Domingo, Co-founder and CEO, Securitize Ms. Nadine Chakar, Global Head of DTCC …
Read MoreDSG Crypto Regulatory Roundup: May 2024
DSG Crypto Regulatory Roundup: May 2024 International Bodies Turkey Proposes Aligning Crypto Legislation with International Standards: The Turkish ruling party submitted a draft crypto bill to the parliament on May 16 that focuses on licensing and registration for crypto service providers and aligns with internation standards. More here. United States …
Read MoreHouse Passes FIT 21
On May 22, the House voted 279-136 to pass H.R. 4763 – Financial Innovation and Technology for the 21st Century Act (FIT 21). 208 Republicans and 71 Democrats voted for the bill. One amendment put forward by House Ag Committee Chairman GT Thompson (R-PA) was adopted in yesterday’s House Rules Committee meeting and …
Read MoreHouse Financial Services Committee Hearing
On May 8, the House Financial Services Subcommittee on Capital Markets held a hearing entitled “Securities and Exchange Commission (SEC) Enforcement: Balancing Deterrence with Due Process.” Witnesses and legislation considered in the hearing were: Mr. Andrew Vollmer, Senior Affiliated Scholar at the Mercatus Center and former SEC Deputy General Counsel Mr. …
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