Tagged: ted budd

Senate Legislation Aims to Boost Cap on Reg A+, Expand Definition of an Accredited Investor

While the Securities and Exchange Commission (SEC) may be trying to make it more difficult to be deemed an Accredited Investor, thus disenfranchising more individual investors, recently legislation was introduced into the US Senate that would broaden the definition. S 3709, or the “Investment Opportunity… Read More

Republicans on House Financial Services Committee Distribute Principles for Central Bank Digital Currency

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

Global Digital Finance Issues Statement in Support of Eliminate Barriers to Digital Innovation Act Sponsored by US Representatives Patrick McHenry

Global Digital Finance (GDF), a UK-based entity advocating on behalf of the digital asset (or crypto-asset) sector of Fintech, has posted a letter in support of the Eliminate Barriers to Digital Innovation Act of 2021 (HR 1602). The Act was sponsored by US Representative Patrick… Read More

US Congressmen Soto and Budd Submit Bipartisan Bill to Support Innovation and Counter Crypto Price Manipulation

Congressmen Darren Soto, a Democrat from Florida, and Ted Budd, a Republican from North Carolina, yesterday introduced two pieces of legislation into the American House of Representatives that they hope will support healthy cryptocurrency markets and innovation in the US. The bills target cryptocurrency price… Read More

House of Representatives Passes Financial Technology Protection Act

Washington DC Capitol At Night Red Light

The House of Representatives has passed by a voice vote the “Financial Technology Protection Act.” Sponsored by Representative Ted Budd, the bill (HR 5036) would establish a Fintech task force that ostensibly would improve coordination between public and private sectors which may benefit from innovations in… Read More

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