Tagged: bill huizenga

February 10, 2022 @ 5:44 pm By JD Alois  |  

Earlier this week, the House Committee on Financial Services held a hearing on stablecoins or digital assets tied to fiat currency. The Hearing was driven by the recent report by the President’s Working Group (PWG) on Financial Markets. While stablecoins are not (yet) systemically worrisome,… Read More

November 15, 2021 @ 4:08 pm By JD Alois  |  

Central Bank Digital Currency (CBDC) is a hot policy topic in the US as well as the rest of the world. Many developed countries are reviewing the potential as well as the potential pitfalls for a CBDC. China is already testing a digital yuan live… Read More

August 2, 2018 @ 4:08 am By Cali Haan  |  

  House Representative Bill Huizenga of Michigan told Bloomberg July 27th that American regulations may need to be modernized to support crypto industries and ensure that retail investors get a piece of the action. “We’ve seen so much more of the capital getting locked up into… Read More

May 25, 2018 @ 3:42 pm By JD Alois  |  

Last week, while New York City saw thousands of cryptocurrency enthusiasts discuss the benefits of digital assets and blockchain, a House Financial Services subcommittee reviewed initial coin offerings with the leaders of the Securities and Exchange Commission (SEC) Enforcement Division. The Congressional Hearing provided a… Read More

March 18, 2018 @ 10:51 am By JD Alois  |  

Last week, during a meeting of the House Financial Services Committee, subcommittee on Capital Markets, Securities, and Investment, Members of the Committee peppered cryptocurrency / initial coin offering experts with questions regarding the emerging method of online capital formation. While the overall tenor of the discussion… Read More

March 24, 2017 @ 9:37 am By JD Alois  |  

  Comptroller of the Currency Thomas Curry recently said the Office of the Comptroller of the Currency will be issuing Fintech Charters. While the hope was the OCC would create a light touch, streamlined approach to empowering Fintech firms to operate across the US without… Read More

March 22, 2017 @ 9:40 pm By JD Alois  |  

The House Financial Services Committee, Subcommittee on Capital Markets, met for the first time in 2017.  A new Chairman, Congressman Bill Huizenga, managed the proceedings for the first topic of the year regarding the “Impact of the JOBS Act After Five Years”. The Hearing involved the… Read More

March 10, 2017 @ 7:12 am By JD Alois  |  

The subcommittee on Capital Markets, Securities, and Investments, part of the House Financial Services Committee, has scheduled a hearing to review the JOBS Act: the law the created the various iterations of investment crowdfunding. The hearing entitled, “The JOBS Act at Five: Examining Its Impact… Read More