Republican lawmakers say the Fed's new oversight of bank crypto and stablecoin ties is undermining its advancement of a bill.
The central bank is"effectively" preventing banks from issuing payment stablecoins, the lawmakers said on Monday in aHouse Financial Services Committee Chair Patrick T. McHenry, R-N.C., Rep. Bill Huizenga, R-Mich., and Rep. French Hill, R-Ark., signed the letter.We are concerned that these actions are being taken to subvert progress made by Congress to establish a payment stablecoin regulatory regime.
"While the supervisory non objection process is masked as guidance outlining a process by which these activities can be permissible, it is clear the Fed does not intend to allow any such activity, at least as it relates to public, permissionless blockchains," the lawmakers said. The lawmakers said they want the central bank to respond by Sept. 29. A spokesperson for the bank told The Block that it received the letter and intends to respond."A regulatory framework established by Congress will better protect consumers and provide certainty to market participants," the Republican lawmakers said in the letter.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Chris Sununu claims future of Republican Party looks 'pretty good' without TrumpGov. Chris Sununu (R-NH) claimed on Saturday that the future leadership of the Republican Party looked 'pretty good' without former President Donald Trump after the first Republican debate on Wednesday night.
続きを読む »
Judge dismisses Republican lawsuit against Google over Gmail’s spam filteringThe Judge says RNC emails are spam.
続きを読む »
2028 Republican National Convention Taking Place in HoustonThe 2028 Republican National Convention is taking place in Houston, Texas, the Republican National Committee (RNC) announced Friday.
続きを読む »
Oregon Republican senators sue to run for reelection, saying walkout rule shouldn't stop themFive Republican state senators in Oregon are suing to be allowed to run for reelection next year even though they accumulated a large number of unexcused absences.
続きを読む »
Why most of Trump's Republican rivals won't attack himPolls show Donald Trump leading Florida Gov. Ron DeSantis, his nearest rival for the 2024 Republican presidential nomination, by about 40 points. You might think this would cause the former president’s GOP rivals to attack him in an attempt to eat into that support, which stands at north of 50% of the primary vote.
続きを読む »