, unveiled by House financial services committee chair Patrick McHenry, a Republican from North Carolina, and House agriculture committee chair Glenn Thompson, a Republican from Pennsylvania, is an attempt to kickstart discussions between Republicans and Democrats on the two committees,In recent weeks, some of the largest U.S.
06/05 update: The new draft crypto bill comes amid growing fears in the crypto industry that the U.S. government and regulators are involved in a concerted effort to de-platform crypto from the banking system as"operation choke point 2.0"—a reference to a 2013 U.S. Department of Justice policy to lock industries thought to be high risk for fraud and money laundering out of the banking system.
Carter warned that the Biden administration and regulators' hostility to the crypto industry has grown in the aftermath of the FTX meltdown last year and played a part in the collapse of crypto-friendly banks Signature and Silvergate earlier this year.
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Forbes - 🏆 394. / 53 Read more »