Tag Archives: french hill

French Hill – a republican representative of Arkansas – is passionate about crypto, and he’s taking a leading role in ensuring the U.S. invokes appropriate crypto regulation in the coming future. French Hill and Digital Currency Hill is currently leading a discussion amongst House republicans on the uncertainty of crypto in the U.S. He also serves as the House Financial Services Committee’s vice chair and leads its Subcommittee on Digital Assets, Financial...

Republicans currently serving on the House Financial Services Committee recently stated that they are going to be starting a new subcommittee devoted to crypto following the debacle that was 2022. Republicans Are Looking to Fix Crypto During that time, not only were prices of various assets (bitcoin in particular) reaching new lows, but there were bankruptcies, fraud cases, and other problems spreading like a disease. It appears republicans of Congress are now working to...

Olaf Scholz who is currently the German finance minister has indicated his stance on the cryptocurrencies in particular and electronic money in general. According to local sources, he made his position known last week and also revealed skepticism for private-interest cryptocurrencies such as Facebook’s Libra. He proposed the introduction of an electronic Euro which won’t serve a replacement of the current Euro system but will be used alongside it.He said:“Such a payment system would be good...

Even as the U.S. Congress bites down hard on Facebook and the social media giant’s grand plans of issuing its own digital currency, a recent event has corroborated the general idea that the problem with the Libra might not be the fact that it’s a digital currency itself, but that it’s being issued by Facebook. This is because, two Rep members have revealed concerns about the inevitability of digital currencies in the near future, suggesting that the United States should start getting used to...