House Financial Services & House Ag Committee Hearing
For questions on the note below, please contact Kevin Batteh or Edmund Perry at (202) 547-3035. Today, the House Financial Services Committee Subcommittee on Digital Assets, Financial Technology, and Inclusion and the House Ag Committee Subcommittee on Commodity Markets, Digital Assets, and Rural Development held a joint hearing entitled, “The Future of Digital Assets: …
Read MoreCrypto Regulatory Roundup: May 2023
International Bodies IOSCO Proposes Policy Recommendations for Crypto: The eighteen policy recommendations published by the International Organization of Security Commissions (IOSCO) cover a range of issues such as market abuse, conflict of interest, client asset protection, and disclosures and risks associated with crypto. The proposed recommendations mainly address “widespread concerns …
Read MoreOp-Ed: A Ban On Short Selling is a Bad Idea
Studies show that a similar move in 2008 was counter-productive and stoked market volatility Financial Times By Jim Overdahl 15 May 2023 The writer is a partner with Delta Strategy Group. He was previously chief economist at the Securities and Exchange Commission Following weeks of declining prices for US regional …
Read MoreHouse Financial Services Committee Hearing
On May 18th, the House Financial Services Committee Subcommittee on Digital Assets, Financial Technology, and Inclusion held a hearing entitled “Putting the ‘Stable’ in ‘Stablecoins:’ How Legislation Will Help Stablecoins Achieve Their Promise.” Witnesses in the hearing were: Fennie Wang, Founder and CEO, Humanity Cash Matt Homer, Former Executive Deputy Superintendent of …
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