AD

AD

News Explorer — Tom Emmer's CBDC Anti-Surveillance State Act Advances to House Floor

Generated by AI, curated by humans

Sep 21, 5:52 pm

Decrypt

Tom Emmer's CBDC Anti-Surveillance State Act Advances to House Floor

The House Financial Services Committee (HFSC) has passed the CBDC Anti-Surveillance State Act, which aims to prevent the Federal Reserve from issuing a Central Bank Digital Currency (CBDC) to individuals. The legislation is now ready for a future vote on the House floor. The bill has received support from Republican co-sponsors but faced opposition from Democrats on the Committee.

The House Financial Services Committee (HFSC) has passed the CBDC Anti-Surveillance State Act, which aims to prevent the Federal Reserve from issuing a Central Bank Digital Currency (CBDC) to individuals. The legislation is now ready for a future vote on the House floor. The bill has received support from Republican co-sponsors but faced opposition from Democrats on the Committee.

Latest

Sep 18, 5:22 am

Coindesk

BitGo to Launch USDS Stablecoin That Pays Rewards to Liquidity Providers

BitGo, a cryptocurrency company, is set to launch a dollar-backed stablecoin called USDS next year. Unlike other stablec... Read Summary

Sep 18, 3:26 am

Coindesk

Animoca Considers Going Public, But Timing Depends on Market Conditions

Animoca Brands, a major investor in the Web3 space, is considering going public, but the timeline is dependent on variou... Read Summary

Sep 17, 10:39 pm

Decrypt

Congressman Demand Clarity on Crypto Airdrops From SEC Chair

Representative Tom Emmer and Chairman Patrick McHenry have expressed concerns to SEC Chair Gary Gensler about the regula... Read Summary

Sep 17, 8:21 pm

Decrypt

Binance Denies Responsibility for WazirX Exchange Hack

Binance has denied ownership and responsibility for the recent $235 million hack on Indian crypto platform WazirX. In a... Read Summary

Sep 17, 7:34 pm

Decrypt

SEC Settles Charges With FTX Auditor Prager Metis

The U.S. Securities and Exchange Commission (SEC) has announced a $1.95 million settlement with Prager Metis, the former... Read Summary

Sep 17, 6:32 pm

Decrypt

New Ethereum Prediction Market Powered by TRUMP and HARRIS Tokens

Wintermute has unveiled OutcomeMarket, a decentralized prediction market platform focused on the 2024 U.S. presidential... Read Summary

Sep 17, 4:53 pm

Decrypt

Hamster Kombat Reveals Snapshot Date Ahead of Airdrop

Hamster Kombat, the largest Telegram tap-to-earn crypto game, announced that the first season of in-game rewards will en... Read Summary

Sep 17, 4:30 pm

Coindesk

Circle Launches USDC Support for Businesses in Brazil and Mexico

Circle has expanded its USDC stablecoin's reach in Latin America by connecting it to payment systems in Brazil and Mexic... Read Summary

Sep 17, 3:37 pm

Decrypt

What Fed Rate Cuts Could Mean for Bitcoin

The Federal Reserve is expected to lower interest rates after raising them in 2022, which could have wide implications a... Read Summary

Sep 17, 3:33 pm

Decrypt

Bhutan Government Holds $750 Million in Bitcoin

Bhutan, known for its involvement in cryptocurrency mining, now holds the fourth-largest government stash of Bitcoin, wi... Read Summary

Sep 17, 3:00 pm

Decrypt

MoviePass Will Add USDC Payments Option via Sui

The Sui Foundation has partnered with MoviePass to allow users to pay for subscriptions using stablecoins on the layer-1... Read Summary

Sep 17, 2:29 pm

Coindesk

Father of Winklevoss Twins Donates $4 Million in Bitcoin to College

Howard Winklevoss, father of the famous crypto twins, is donating $4 million in Bitcoin to Grove City College, where he... Read Summary

Sep 17, 1:11 pm

Decrypt

Bitcoin L2 Stacks Integration With Aptos Opens Up Use in Decentralized Applications

The integration of the Stacks Bitcoin Layer 2 protocol with the Aptos Network allows for the use of Bitcoin in decentral... Read Summary

Sep 17, 1:32 pm

Decrypt

SEC Commissioners Criticize SEC's Treatment of Restaurant Chain Over NFT Sales

SEC Commissioners Hester Peirce and Mark Uyeda criticized the SEC for its treatment of Flyfish Club, a restaurant chain... Read Summary

Sep 17, 1:00 pm

Coindesk

Limitless Network Raises $3 Million to Build Prediction Market on Coinbase L2 Base

Limitless Network, a prediction market platform built on Coinbase's Base blockchain network, has raised $3 million in a... Read Summary

AD