Tag: House Financial Services Committee
Brian Brooks Defends Fintech Banking Charter Amidst Congressional Criticism
In a recent congressional hearing, Brian Brooks defended the fintech banking charter against criticism, asserting it promotes innovation in the financial sector.
Robinhood Resumes Instant Deposits for Cryptocurrency Amid Dogecoin Surge
Robinhood re-enables instant deposits for crypto purchases, coinciding with a Dogecoin surge. Will this boost trading activity amidst ongoing scrutiny?
GameStop and AMC Stock Fiasco: Legislators Call for Short-Selling Scrutiny
Legislators respond to the GameStop and AMC trading chaos, focusing on short-selling and the role of platforms like Robinhood. What’s next for investors?
Democrats Demand Answers on Seized Cryptocurrency Linked to Terrorism
Lawmakers demand transparency on seized cryptocurrencies tied to terrorism, seeking to enhance regulation against illicit financial networks.
Cryptocurrency’s Dark Side: The Evolving Role in Domestic Terrorism Funding
Discover how cryptocurrencies are being used to fund domestic terrorism and the Congressional response to this evolving threat.
Competition in the Digital Currency Arena: Facebook’s Libra and China’s Digital Renminbi
Explore the competition between Facebook’s Libra and China’s digital renminbi and its implications for U.S. financial leadership.
Mark Zuckerberg’s Upcoming Testimony on Facebook’s Libra Project: What You Need to Know
Discover what to expect from Zuckerberg’s testimony on Libra, its challenges, and the impact of proposed regulations.
Regulatory Challenges Ahead: The Impact of Stablecoins Like Libra on Financial Systems
Randall Quarles discusses stablecoins’ potential regulatory challenges in light of Facebook’s Libra. The FSB takes proactive measures for stability.
The Looming Shadow of Libra: How Facebook’s Crypto Project Sparks Banking Concerns
Explore how Facebook’s Libra project may create a shadow banking system affecting U.S. banks and national economies.
U.S. Lawmakers Raise Concerns Over Facebook’s Libra Cryptocurrency After Switzerland Meetings
Following meetings in Switzerland, U.S. lawmakers remain concerned about Facebook’s Libra cryptocurrency project and its potential impact.
