House Financial Services Hearing
On September 19, the House Financial Services Committee Subcommittee on Financial Institutions and Monetary Policy held a hearing titled “A Holistic Review of Regulators: Regulatory Overreach and Economic Consequences.” Witnesses in the hearing were: Mr. Hal Scott, Nomura Professor of International Financial Systems, Emeritus, Harvard Law School Ms. Karen Petrou, …
Read MoreSenate Banking Committee Hearing
On September 12, the Senate Banking Committee held a hearing entitled “Oversight of the U.S. Securities and Exchange Commission”. The sole witness in the hearing was Securities and Exchange Commission (SEC) Chairman Gary Gensler. Below is a summary of the hearing prepared by Delta Strategy Group. It contains several high-level takeaways from …
Read MoreDSG Crypto Regulatory Roundup: August 2023
International Bodies Singapore’s Central Bank Releases Stablecoin Regulatory Framework: Stablecoins must hold minimum base capital 1 million Singapore dollars ($740,000) and provide redemption within no more than five business days of a request. More here. Indian PM Modi Calls for Global Cryptocurrency Framework at G20 Summit: Indian Prime Minister Narendra Modi …
Read MoreHouse Financial Services Hearing
On July 18, the House Financial Services Committee Subcommittee on Capital Markets held a hearing entitled “Oversight of the SEC’s Division of Corporation Finance.” The sole witness in the hearing was Erik Gerding, Director, Division of Corporation Finance, Securities and Exchange Commission (SEC). Below are some high-level takeaways on some of …
Read More