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In a letter to the leadership of the United States House Financial Services Committee, ranking member Patrick McHenry took a jab at “inconsistent treatment and jurisdictional uncertainty” inherent in U.S. crypto regulation and called for the committee to take on its critical issues.
McHenry, a Republican representing North Carolina, opened by mentioning that the committee’s Democratic chairwoman Maxine Waters (NYSE:WAT) is looking to schedule additional hearings addressing matters pertinent to the digital asset industry. He further stressed the need for identifying and prioritizing the key issues and achieving a “broad, bipartisan consensus” on the matters affecting the industry that holds immense promise for the financial system and broader economy.
The Portuguese congress, Assembleia da Republica, has rejected two bills that would have imposed a tax on cryptocurrencies. Portugal has long been regarded as a cryptocurrency tax...
Cryptocurrency exchanges play a vital role as the gatekeepers in the crypto realm. Unforeseen fees and costs could result in a more expensive crypto trading venture than...
The U.S. dollar index (DXY) retreated broadly from its prevailing bull run in the past two weeks, dropping by up to 3.20% after hitting its two-decade high of 105. Dollar's...
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