ETHERLive delivers real-time price and volume data across 16+ exchanges to users in a clear and easy-to-understand package. Users can get up-to-the-second updates for each exchange/currency pair, as well as aggregated market averages for each exchange, currency, and the market as a whole. It also provides a global converted average of all the currency pairs monitored by ETHNews, converted to USD.


24hr ---

The Basics

Learn the basics of Ethereum and various cryptocurrency technologies

Learn More

What is Ethereum?

Understand the underlying principles of the Ethereum Platform

Learn More

The Blockchain

Discover the revolutionizing technology known as the blockchain

Learn More

Press Release

Submit a press release for consideration on ETHNews

Submit Press

Story / Dapp

Submit a story or DAPP to be considered for publication on ETHNews.

Submit Story


Submit "Ethereum Explainer" content for consideration to be featured on ETHNews

Submit Topic
ETHNews Logo
Ether Price Analysis
Contact Us

US Representative Submits Bill To Establish FinTech Taskforce




A bill submitted to the US House of Representatives would require a taskforce on financial technology to be created.

On January 10, Ted Budd (R- NC) introduced a bill to the House of Representatives that calls for the formation of a FinTech taskforce, among other things. It was then referred to the House Committee on Financial Services. As of yet, that committee has not scheduled its review of the bill.

At press time, the text of the proposed law had not been published to Congress' website. However, a summary posted there describes the bill's aims:

"To establish an Independent Financial Technology Task Force, to provide rewards for information leading to convictions related to terrorist use of digital currencies, to establish a FinTech Leadership in Innovation Fund to encourage the development of tools and programs to combat terrorist and illicit use of digital currencies, and for other purposes."

As ETHNews recently reported, the chairs of the Securities and Exchange Commission and Commodity Futures Trading Commission will be testifying before the Senate on the subject of cryptocurrency in February.

American legislators have proposed other bills relating to cryptocurrency over the past year, though not all of them have become law. The Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017 would have subjected cryptocurrencies to civil asset forfeiture, but it failed to pass before the 114th Congress adjourned.

More recently, on December 12, 2017, President Donald Trump signed HB2810, The National Defense Authorization Act for Fiscal Year 2018. The legislation includes a requirement that the Secretary of Defense, along with other agency and department heads "provide to the appropriate committees of Congress a briefing on the cyber applications of blockchain technology."

ETHNews will follow the progress of HB 4752 through Congress.

Adam Reese

Adam Reese is a Los Angeles-based writer interested in technology, domestic and international politics, social issues, infrastructure and the arts. Adam holds value in Ether, Bitcoin, and Monero.

ETHNews is committed to its Editorial Policy

Like what you read? Follow us on Twitter @ETHNews_ to receive the latest taskforce, FinTech or other Ethereum law and legislation news.