Tag: U.S.

SEC Chair Paul Atkins Says U.S. Is ‘10 Years Behind’ in Crypto, Pledges Stronger Framework for Innovation

SEC Chair Paul Atkins Says U.S. Is ‘10 Years Behind’ in Crypto, Pledges Stronger Framework for Innovation

Quick Breakdown  SEC Chair Paul Atkins said the U.S. is “a decade behind” in crypto innovation. The regulator plans to introduce an “innovation exemption” to support experimentation. Atkins supports developing regulated superapps to modernize U.S. financial services.   U.S. trails in crypto development, SEC chair admits The United States is ...

SOURCE: rollcall.com

US House Ties CBDC Ban to Defense Policy Bill

In a significant move impacting the future of digital currency, the US House of Representatives has inserted a sweeping provision into its annual defense policy legislation that would prohibit the Federal Reserve from developing or issuing a central bank digital currency (CBDC). The updated version of HR 3838—the House’s draft ...

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