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Latest from Nikhilesh De
House Republicans Make Case on Stablecoin Bill After Democrats Called for Do-Over
Their latest draft legislation sets up shared federal and state oversight and says stablecoins aren’t securities, but it’s uncertain what bipartisan support the effort will find.
U.S. Sanctions 3 North Koreans for Supporting Hacking Group Known for Crypto Thefts
The three were engaged in crypto activities themselves, and the U.S. Treasury Department says they were tied to the networks of DPRK entities laundering stolen crypto or moving illicit funds for that country.
Democrats Blast Draft Stablecoin Bill in First 2023 Hearing on Issue
Despite Republican House committee leaders publishing a draft bill and talking about progress, it hasn't been on the bipartisan level required for an eventual law, lawmakers said in a hearing Wednesday.
SEC Chair Gensler Declines to Say if Ether Is a Security in Contentious Congressional Hearing
Gary Gensler testified before the House Financial Services Committee for roughly five hours on Tuesday.
What’s in the House Financial Services Committee’s Stablecoin Bill?
It would ban a future terraUSD, at least temporarily, and create licensing rules for fiat-backed stablecoin issuers.
Congressional Republicans Criticize SEC Chair Gary Gensler's Crypto Approach Ahead of Hearing
Gensler is set to testify in an oversight hearing Tuesday.
Crypto Exchange Bittrex Violated Federal Laws, SEC Charges in Lawsuit
The agency said Bittrex failed to register as an exchange, broker or clearing agency.
U.S. House Committee Publishes Draft Stablecoin Bill
The stablecoin bill is the first major piece of crypto legislation in 2023.
U.S. SEC Moves Toward DeFi Oversight as It Reopens Proposed Regulations
The Securities and Exchange Commission is confirming crypto industry worries that, yes, the proposal last year to widen its view of securities exchanges will fold in DeFi.
World Regulators Are Looking at DeFi
The U.S. Treasury Department and French central bank published reports looking at DeFi risks and providing recommendations for mitigating them.
