House Bill

Highlights: House lawmakers propose a bill to shift crypto oversight from the SEC to the CFTC for most digital assets. The bill defines most crypto tokens as digital commodities based on how they function within blockchain systems. The new rules […]

Highlights: The updated bill will set clear rules for the stablecoin industry in the growing market. The bill requires monthly reserve evidence and will impose penalties for false financial reports. Lawmakers are aiming to finalize stablecoin rules for the industry […]