U S House Financial Services Committee news and trends

Crypto Companies Warn Congress Against Imposing ‘Chilling’ Regulations 
Cryptocurrency // December 08, 2021

Six cryptocurrency executives told the U.S. House Financial Services Committee Wednesday (Dec. 8) that it could send cryptocurrency activity underground or outside the U.S. if the new rules it imposes on the industry are too strict, according to a Reuters report.  “Without tailored legislative solutions...

House Committee Says FIs Struggle To Pinpoint Domestic Terrorism Financing
Security & Fraud // January 16, 2020

The unique secrecy and security of bitcoin and other cryptocurrencies have led to their use by domestic terrorist groups like white supremacists, experts said at a hearing Wednesday for the U.S. House Financial Services Committee. Jared Maples, the New Jersey Office of Homeland Security and...

Quick Reads
Sam Bankman-Fried Arrested in Bahamas and Faces Extradition to US 

December 12, 2022
FTX founder Sam Bankman-Fried has been arrested in the Bahamas.  The U.S. Attorney’s Office for the Southern District of New York (SDNY) announced the move Monday (Dec. 12) afternoon in a tweet attributed to U.S. Attorney Damian Williams.  USA Damian Williams: Earlier this evening, Bahamian authorities arrested Samuel Bankman-Fried at the request of the U.S. […]

Crypto Companies Warn Congress Against Imposing ‘Chilling’ Regulations 

December 08, 2021
Six cryptocurrency executives told the U.S. House Financial Services Committee Wednesday (Dec. 8) that it could send cryptocurrency activity underground or outside the U.S. if the new rules it imposes...

House Committee Says FIs Struggle To Pinpoint Domestic Terrorism Financing

January 16, 2020
The unique secrecy and security of bitcoin and other cryptocurrencies have led to their use by domestic terrorist groups like white supremacists, experts said at a hearing Wednesday for the...