House Financial Services Commission Chairman Creates Digital Assets Task Force – Finance and Banking

America: House Financial Services Committee Chairman Creates Digital Assets Task Force

To print this article, simply register or connect to Mondaq.com.

Maxine Waters (D-CA), President of the Establishment of the United States House Financial Services Committee. The Digital Assets Task Force, made up of Democrats, is developing “legal and policy solutions” to emerging issues in the digital asset industry.

“As cryptocurrencies, central bank digital currencies and other digital assets become mainstream, says Commission:” How digital assets affect many aspects of our lives, from payments to investments and remittances . Find out if you are starting to participate and see how. Develop legislation to support responsible innovation that protects consumers and investors while promoting greater financial inclusion. “

According to the statement, Democratic Party members will be involved in (i) the regulation of cryptocurrencies, (ii) the use of blockchain technology and the decentralized ledger, and (iii) laws and policies regarding potential development. of digital currencies by the Central Bank of the United States. We plan to work together on a solution.

Comment

Questions about digital asset management are not essentially divided along political lines.

Main source

  1. US Home Financial Services Commission Press Release: Waters Announces Digital Assets Task Force

The content of this article is intended to provide a general guide on the subject. The opinion of an expert should be sought for certain situations.

Popular Articles: Finance and Banking in the United States

LIBOR transition: BSBY exits the door first

Duane Morris LLP

As all regulators and markets focus on SOFR as an alternative to LIBOR, it’s easy to forget that there are other alternative rates that are in the spotlight of the market.

House Financial Services Commission Chairman Creates Digital Assets Task Force – Finance and Banking

Source link House Financial Services Commission Chairman establishes Digital Assets Task Force – Finance and Banking


Source link

About Scott Conley

Check Also

Faith leaders and UNEP call for responsible climate finance as a moral imperative for children – World

Geneva/Nairobi/New York, May 09, 2022 – The World Council of Churches (WCC), the United Nations …

Leave a Reply

Your email address will not be published.