{"id":1872493,"date":"2023-03-09T01:42:40","date_gmt":"2023-03-09T06:42:40","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/house-gop-working-on-plan-to-overhaul-cryptocurrency-regulation\/"},"modified":"2023-03-09T01:44:20","modified_gmt":"2023-03-09T06:44:20","slug":"house-gop-working-on-plan-to-overhaul-cryptocurrency-regulation","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/house-gop-working-on-plan-to-overhaul-cryptocurrency-regulation\/","title":{"rendered":"House GOP working on plan to overhaul cryptocurrency regulation"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fhouse-gop-working-on-plan-to-overhaul-cryptocurrency-regulation%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1872493&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47-->\n<div class=\"RichTextArticleBody-body\">\n<div class=\"Enhancement\">\n<div class=\"Enhancement-item\">\n<div id=\"Brid_78304703\" class=\"brid\" style=\"width:16; height:9;\" itemprop=\"video\" itemscope itemtype=\"http:\/\/schema.org\/VideoObject\">                <meta itemprop=\"name\" content=\"Senate Intelligence Committee grills intel officials Biden admin blocking access in document cases\">               <meta itemprop=\"description\" content=\"Republicans and Democrats on the Senate Intelligence Committee grilled intel officials this week on why the Biden administration continues to block their access in the Trump and Biden document cases. Members of the committee and intelligence officials had been going back and forth for months over the classified documents discovered in the homes of both President Joe Biden and former President Donald Trump. The stand-off has gotten heated.\">               <meta itemprop=\"duration\" content=\"PT2M24S\">               <meta itemprop=\"uploadDate\" content=\"2023-03-08 19:42:53\">               <meta itemprop=\"thumbnailURL\" content=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2023\/03\/localimages\/1258004_th_1678304684.jpg64097fe0ce5c1.jpg\">               <meta itemprop=\"contentUrl\" content=\"https:\/\/cdn.brid.tv\/live\/partners\/19383\/sd\/1258004.mp4\">              <\/div>\n<p>               <script type=\"text\/javascript\"> var _bp=_bp||[]; _bp.push({ \"div\": \"Brid_78304703\", \"obj\": {\"id\":\"27789\",\"width\":\"16\",\"height\":\"9\",\"video\":\"1258004\"} }); <\/script>               <script type=\"text\/javascript\" async src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script>              <\/div>\n<\/p><\/div>\n<p><a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/house-republicans\" target=\"_blank\" rel=\"noopener\">House Republicans<\/a> <span class=\"ArticlePage-articleBody-firstLetter\">A<\/span>We are currently working on an overhaul of the regulation <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/cryptocurrency\" target=\"_blank\" rel=\"noopener\">cryptocurrency<\/a>. <\/p>\n<p>Republicans at the <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/house-financial-services-committee\" target=\"_blank\" rel=\"noopener\">House Financial Services Committee<\/a> I have recently drafted smaller regulatory bills, however, Rep. French Hill (R. AR), who is the head of Digital Assets Subcommittee. <a class=\"Link\" href=\"https:\/\/www.politico.com\/news\/2023\/03\/08\/house-gop-crypto-overhaul-00086079\" target=\"_blank\" rel=\"noopener\">told<\/a> <i>Politico<\/i> The team plans to move much further in the next few months. <\/p>\n<p><b><a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/policy\/economy\/companies-tether-falsified-documents-banking-report\" target=\"_blank\" rel=\"noopener\">BACKERS OF MAJOR CRYPTOCURRENCY REPORTEDLY FALSIFIED DOCUMENTS TO ACCESS BANKS<\/a><\/b> <\/p>\n<p>&#8220;We&#8217;re working on a comprehensive regulatory framework that goes beyond the bills,&#8221; Hill spoke. &#8220;We&#8217;re going to spend March and April in a significant effort on listening to stakeholders in the digital assets arena [and] considering other legislative proposals. So that&#8217;ll be our principal work plan for the next two months.&#8221; <\/p>\n<p>Hill has not specified what type of regulatory framework she and Hill propose. <\/p>\n<p>The hearing featured testimony by Paul Grewal (Coinbase Chief Legal Officer) The In <a class=\"Link\" href=\"https:\/\/docs.house.gov\/meetings\/BA\/BA21\/20230309\/115389\/HHRG-118-BA21-Wstate-GrewalP-20230309.pdf\" target=\"_blank\" rel=\"noopener\">prepared remarks<\/a>He called for a regulation framework to protect consumers and embrace the sector. <\/p>\n<p>&#8220;Crypto is a technology that makes the existing financial system work better. But the benefits, such as enabling faster and cheaper payments or settling in real-time, require laws and rules that reflect a new way<\/p>\n<\/div>\n<p><\/p>\n<hr>\n<p>&#8220;Continue reading <a href=\"https:\/\/www.washingtonexaminer.com\/news\/house\/house-gop-cryptocurrency-regulation\">House GOP working on plan to overhaul cryptocurrency regulation<\/a>&#8221;<\/p>\n<hr>\n<p><span style=\"font-size:11px\"><em>&#8220;The views and opinions expressed here are solely those of the author of the article and not necessarily shared or endorsed by Conservative News Daily&#8221;<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>House Republicans AWe are currently working on an overhaul of the regulation cryptocurrency. Republicans at the House Financial Services Committee I have recently drafted smaller regulatory bills, however, Rep. French Hill (R. AR), who is the head of Digital Assets Subcommittee. told Politico The team plans to move much further in the next few months. &hellip;<\/p>\n","protected":false},"author":1,"featured_media":1896793,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[538],"tags":[12577,6203,3653,7417,4025,5270],"class_list":["post-1872493","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-washington-examiner","tag-cryptocurrency","tag-gop","tag-house","tag-overhaul","tag-plan","tag-regulation"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1872493","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1872493"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1872493\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1896793"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1872493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1872493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1872493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}