The United States, the new home of cryptocurrency miners immigrating from China, is preparing to clarify government regulations on cryptocurrencies, especially stablecoins. At the meeting on November 17, in which the US Congress will also attend, arrangements will be made in order to take more concrete decisions.
The US debates the authority of cryptocurrencies and institutions
As it is known, the USA has been discussing the authority of state institutions over cryptocurrencies for a long time. However, the regulations do not seem to have reached a final conclusion so far. From the US institutions, from the FED to the SEC, from the Treasury Department to the members of Congress, great discussions on cryptocurrencies were discussed. During this period, Fed chairman Jerome Powell reported that “even though China banned cryptocurrencies, they had no such intentions.”
Mysterious cryptocurrency meeting
Decentralized finance (DeFi), under close scrutiny by SEC chairman Gary Gensler, will be discussed alongside stablecoins, this time at a meeting of key Congressmen. The meeting takes place on November 17 and is titled “Demystifying Crypto: Cryptocurrencies and the role of government”. The meeting, which will be broadcast live on YouTube, is chaired by Member of the House of Representatives, Don Beyer. Also attending the meeting are Alexis Goldstein, Tim Massad, Kevin Werbach and Peter Van Valkenburgh. The opinions of experts in the fields of finance, law, Blockchain technology and crypto money will be taken.
cryptocoin.com You can take a look at the developments where Indonesia’s highest religious body has banned cryptocurrencies according to Sharia laws. We will be conveying the details of the meeting of the US Congress on November 17.
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