US Crypto Bills

in crypto •  11 months ago 

Crypto Bills Approved by Congress for Regulatory Clarity

On Wednesday, July 26, 2023, The House Financial Services Committee voted on a set of crypto bills that could finally provide regulatory clarity to the domestic industry.

Representative Patrick McHenry led 35 committee members to vote a resounding yes against 15 members in favor of the Financial Innovation and Technology (FIT) for the 21st Century Act and the Blockchain Regulatory Certainty Act.

So much harmony.

And yet...

Worth reading that whole thread. This is the way laws are made in the land of captured government.

The Bill: https://www.congress.gov/118/bills/hr4766/BILLS-118hr4766ih.pdf

The live video:

Stallers gotta stall.

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I fink not.

Tokenized Real Assets Would Surpass Bitcoin and Ethereum: Analyst
https://coinedition.com/tokenized-real-assets-would-surpass-bitcoin-and-ethereum-analyst/

yeah, we know, but will that make everything an insecurity?


untangled confusion.

Cardano Founder Blasts US Policies And Crypto Approach After Debt Downgrade
https://bitcoinist.com/cardano-us-policies-crypto-approach-debt-downgrade/

Charles Hoskinson, founder of Cardano and head of Input-Output Global (IOG), took to X, formerly Twitter, to criticize the United States’ economic policies and handling of emerging technologies. His comments came after Fitch Ratings downgraded US debt from triple-A to AA+ on August 1.

US stablecoin talks stall, as senior House Republican blames White House
https://www.theblock.co/post/241749/us-stablecoin-talks-stall-as-senior-house-republican-blames-white-house

“A bipartisan deal was within reach,” he said, adding that negotiators “were closer than we’ve ever been” after 15 months of talks, interrupted by midterm elections, a turnover in majority control in the U.S. House of Representatives, and the FTX collapse and subsequent contagion within the digital asset industry.

and

“The Fed does not support the bill, Treasury does not support the bill, and we do not have the support of those who asked us to get involved with stablecoins,” Waters added, referring to a presidential panel that initiated the stablecoin talks last year.

like I said, she's a disruptor.

This remains very similar to the Eurodollar - East or West, offshore is the best.

and floaters keep floating

and bottom-feeders

Waters (D) is barely coherent unscripted and always guided in her disruptive stances by the agents behind her - she is 84 yo.