Bitcoin SV

<p><img src="https://media.licdn.com/dms/image/C4D0BAQGBc3KzyqgZpQ/company-logo_100_100/0/1630682957789/bsvblockchain_logo?e&#61;1708560000&amp;v&#61;beta&amp;t&#61;ckiF4tmL6HRiga2FIJib3moPqZFTsZqKBmnp7m-tSMM" /></p><h2 id="header-0"><a href="https://www.linkedin.com/company/bsvblockchain/" rel="noopener noreferrer nofollow">BSV Blockchain</a></h2><p>November 17, 2023</p><p>Bipartisan House members, led by Patrick McHenry and Ritchie Torres, requested data on digital wallets used by Hamas-linked groups from the Biden Administration. While, the House Financial Services Committee discussed digital assets&#39; role in financing illicit activity and terrorism, with partisan disagreements on crypto&#39;s extent in such activities.</p><p>The BSV Blockchain Gazette is presented by Bryan Daugherty, Public Affairs Director of Americas for BSV Blockchain, featuring:</p><ul><li>Bipartisan House members, including Patrick McHenry (<a href="https://www.linkedin.com/company/house-financial-services-democrats/about/" rel="noopener noreferrer nofollow">House Financial Services</a> Chair), <a href="https://www.linkedin.com/in/tomemmer/" rel="noopener noreferrer nofollow">Tom Emmer</a>, <a href="https://www.linkedin.com/in/french-hill-25b693194/" rel="noopener noreferrer nofollow">French Hill</a>, and Ritchie Torres</li><li>The House Financial Services Committee Subcommittee on Digital Assets</li><li>Maxine Waters, House Financial Services Ranking Member</li><li><a href="https://www.linkedin.com/company/secgov/" rel="noopener noreferrer nofollow">SEC</a></li><li><a href="https://www.linkedin.com/company/hashdex/" rel="noopener noreferrer nofollow">Hashdex</a> and <a href="https://www.linkedin.com/company/grayscale-investments/" rel="noopener noreferrer nofollow">Grayscale</a></li><li>Rostin Behnam (CFTC Chair)</li><li>The <a href="https://www.linkedin.com/company/nydfs/" rel="noopener noreferrer nofollow">New York Department of Financial Services</a></li></ul><h3 id="bipartisan-house-members-request-data-on-hamas-linked-digital-wallets-from-biden-administration">Bipartisan House Members Request Data on Hamas-Linked Digital Wallets from Biden Administration</h3><p>A bipartisan group of more than 50 House members, led by House Financial Services Chair Patrick McHenry (R-NC), Majority Whip Tom Emmer (R-MN), and Reps. French Hill (R-AR), and Ritchie Torres (D-NY), wrote a letter to President Biden and Treasury Secretary Janet Yellen, asking for the Administration to provide Congress with data on any digital wallets used by Hamas-linked groups.</p><h3 id="mchenry-and-torres-lead-bipartisan-effort-urging-revision-of-treasury-39-s-digital-asset-tax-reporting">McHenry and Torres Lead Bipartisan Effort Urging Revision of Treasury&#39;s Digital Asset Tax Reporting</h3><p>House Financial Services Chair Patrick McHenry (R-NC) and Rep. Ritchie Torres (D-NY) led a bipartisan group of lawmakers in writing a letter to the Treasury Department, urging the agency to revise is proposed digital asset tax reporting requirements.</p><h3 id="house-committee-holds-hearing-on-digital-assets-39-role-in-illicit-activity-amidst-partisan-disagreement">House Committee Holds Hearing on Digital Assets&#39; Role in Illicit Activity Amidst Partisan Disagreement</h3><p>The House Financial Services Committee Subcommittee on Digital Assets, Financial Technology and Inclusion held a hearing on the use of digital assets in financing illicit activity and terrorism. Republicans and Democrats disagreed on the extent to which crypto is used for illicit activities.</p><h3 id="maxine-waters-signals-ongoing-bipartisan-talks-on-stablecoin-bill-possible-deal-by-year-end">Maxine Waters Signals Ongoing Bipartisan Talks on Stablecoin Bill, Possible Deal by Year-End</h3><p>House Financial Services Ranking Member Maxine Waters (D-CA) reportedly said in an interview that bipartisan stablecoin bill discussions are still happening in the House, and a deal is possible by the end of the year.</p><h3 id="sec-delays-decision-on-hashdex-and-grayscale-etf-applications-until-january-2024">SEC Delays Decision on Hashdex and Grayscale ETF Applications Until January 2024</h3><p>The SEC delayed making a decision on Hashdex’s spot BTC ETF application, and Grayscale’s ETH ETF application until January 2024.</p><h3 id="cftc-chair-behnam-expresses-concerns-about-preventing-ftx-level-collapse">CFTC Chair Behnam Expresses Concerns About Preventing FTX-Level Collapse</h3><p>CFTC Chair Rostin Behnam said at a Georgetown University event that the CFTC is in no better position now to prevent an FTX-level collapse than it was a year ago.</p><h3 id="new-york-dfs-adopts-stricter-policies-for-virtual-currency-listings-after-public-comment-period">New York DFS Adopts Stricter Policies for Virtual Currency Listings After Public Comment Period</h3><p>The New York State Department of Financial Services (DFS) adopted new requirements for coin listing and delisting policies of DFS-regulated virtual currency entities. The guidance was finalize following a public comment period that began in mid-September.</p><h3 id="blackrock-seeks-sec-approval-for-spot-eth-etf-in-latest-filing">BlackRock Seeks SEC Approval for Spot ETH ETF in Latest Filing</h3><p>BlackRock filed an application with the SEC for a spot ETH ETF.</p><h3 id="digital-asset-industry-coalition-writes-letter-to-congress-addressing-illicit-finance-misconceptions">Digital Asset Industry Coalition Writes Letter to Congress Addressing Illicit Finance Misconceptions</h3><p>A coalition of digital asset industry companies wrote a letter to members of the Senate Banking Committee and House Financial Services Committee to “clarify misperceptions about illicit finance and money laundering.”</p>

Bipartisan House Members Demand Biden Administration Disclose Data on Hamas-Linked Digital Wallets

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