DSG Updates

DSG Updates

House Financial Services Subcommittee Hearing  

HOUSE FINANCIAL SERVICES COMMITTEE HEARING OVERVIEW    For questions on the note below, please contact Edmund Perry at (202) 547-3035 or Ruth Lunsford at (434) 238-7224.   On September 10, the House Financial Services Committee Subcommittee on Digital Assets, Financial Technology, and Inclusion held a hearing entitled “Decoding DeFi: Breaking …

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DSG Crypto Regulatory Roundup: September 2024

DSG Crypto Regulatory Roundup: September 2024   International Bodies  Bank of Russia to Launch Digital Ruble Payment Infrastructure by July 2025:  The Bank of Russia is set to introduce the digital ruble, its central bank digital currency (CBDC), with a goal of opening its payment infrastructure by July 1, 2025.  Major …

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DSG Crypto Regulatory Roundup: August 2024

DSG CRYPTO REGULATORY ROUNDUP: AUGUST 2024 International Bodies South Korean Crypto Exchanges Face Unexpected Supervisory Fees:  Major South Korean cryptocurrency operators such as Upbit, Bithumb, and Coinone will now be required to pay a supervisory fee as part of the newly enforced Virtual Asset User Protection Act. The Financial Services …

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Senate Banking Subcommittee Hearing

SENATE BANKING SUBCOMMITTEE HEARING  OVERVIEW For questions on the note below, please contact  Scott Parsons, Kevin Batteh, or Edmund Perry. On July 30, the Senate Committee on Banking, Housing, and Urban Affairs Subcommittee on Economic Policy held a hearing entitled “Banning Noncompete Agreements: Benefits for Workers, Businesses, and the Economy.” The witnesses in …

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