DSG 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 MoreCFTC Open Meeting
On May 10, the Commodity Futures Trading Commission (CFTC) held a public meeting to consider the issuance of the Commission’s Proposed Rule regarding Event Contracts. The Commission approved the proposal by a 3-2 vote with an amendment related to staff delegated authority also approved. Although not all Commissioner’s statements have …
Read MoreHouse Agriculture Committee Farm Bill Markup
On May 23, the House Agriculture Committee held a markup of H.R. 8467 the Farm, Food, and National Security Act of 2024, and passed the bill out of the Committee with some bipartisan support 33-21. All Committee Republicans and four Democrats including, Representatives Yadira Caraveo (D-CO), Don Davis (D-NC), Eric Sorenson (D-IL), and Sanford Bishop (D-GA) voted …
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 More