Lawmakers stumble on stablecoin terms as US Congress grills Fed’s Bowman
Representative Stephen Lynch questioned Fed supervisor Michelle Bowman about her comments on digital assets at a November conference in Madrid.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Representative Stephen Lynch questioned Fed supervisor Michelle Bowman about her comments on digital assets at a November conference in Madrid.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
French lawmakers back stablecoin swap tax in 2027 budget bill
France’s Finance Committee backed taxes on stablecoin swaps, as well as unrealized crypto gains when households with more than 800...
Thailand wants a piece of the $120 billion Bitcoin and Ethereum ETF market, but on its own terms
Thailand has finalized rules allowing domestic Bitcoin and Ethereum ETFs while restricting retail access to competing overseas inv...
French Committee Approves Tax on Stablecoin Conversions From 2027
The proposal, which the National Assembly plenary must discuss and approve before it becomes law, would approve a tax on conversio...
EU Securities Regulator Wants Crypto Platforms to Wind Down Non-MiCA Stablecoin Services
The European Securities and Markets Authority (ESMA) issued an opinion dated Oct. 8 saying licensed crypto platforms should stop s...
Xash’s Kevin Huynh Pitches Stablecoin Issuers on Gold Rewards Instead of Passive Yield
Kevin Huynh, introduced on Unchained Premium as co-founder and CEO of Xash, said the startup wants stablecoin issuers to pay for t...
Standard Chartered Will Hold Ripple's Stablecoin in Dubai—And Let Clients Trade With It Without Moving It
The bank's Dubai branch now offers custody for Ripple's RLUSD stablecoin and plans a link with LMAX that lets institutions post it...