The CBDC Anti-Surveillance State Act passed the U.S. House on May 23 in a partisan vote. It prohibits Federal Reserve banks from using a central bank digital currency. The bill now heads to the Senate.
Members of the House Financial Services Committee clashed Wednesday in Washington over how – and how often – cryptocurrencies are used in illicit financing.…
In 2022, the failures of prominent crypto companies overshadowed broader discussions in Congress about how crypto assets should be regulated. This Congress, both chambers are likely to.