A group of House Republicans has introduced a draft bill limiting the power of the Securities and Exchange Commission (SEC) over stablecoins used for payments. The bill, still under negotiation, was made public on April 24 and came as the SEC investigates BUSD,...
During a session of Congress, the Republicans in the House of Representatives revealed plans to establish a new subcommittee that will only focus on cryptocurrencies. According to the house’s priorities, they want to prioritize the regulation and supervision of the failing industry. During...