Senators Seek Industry Input on Crypto Payments Bill as Lumia Shares Insights

As part of its broader initiative to develop the U.S. market for tokenized real-world assets (RWA), Lumia held a dedicated session with members of the U.S. Senate Committee on Banking, Housing, and Urban Affairs.

After a productive meeting in Washington with key lawmakers and regulators, organized by David Martin McIntosh, Public Policy Advisor at Lumia, former U.S. Representative from Indiana and president of the Club for Growth, the company was invited to meet with the Senate Banking Committee to discuss the Clarity for Payment Stablecoins Act.

Lumia Chief Technology Officer Deniz Dalkilic presented the company’s strategic vision and proposed ways to strengthen the draft legislation. The meeting was a natural extension of Lumia’s ongoing talks with U.S. policymakers aimed at building long-term partnerships to advance the RWA sector.

Senior committee staff and advisers in attendance included:

  • Ammon Simon, Chief Counsel to Senator Tim Scott, Senate Committee on Banking, Housing, and Urban Affairs

  • Brian Montesinos, Professional Staff Member, Senate Committee on Banking, Housing, and Urban Affairs

  • Lucas Christopher, Policy Director, Senate Banking Committee

  • Janie Faulkner, Deputy Policy Director & Senior Counsel, Senate Banking Committee

  • Chris Land, Staff Director, U.S. Senate Banking Subcommittee on Digital Assets

The discussion explored practical approaches

Surviving The Great Depression Of The Thirties

Perhaps you might be a kind of mother and father who feels totally financially ready in your growing family. Former governor of the central bank Dipendra Bahadur Chhetri mentioned that the central financial institution may have come up with the new directive, anticipating that rising funding of the business banks in the stock market within the wake of surplus liquidity in the banking system might eventually damage the stock market as well as the banking sector.financial news today

This web site looks on the events of that dayThis web site is devoted to the 315 people who lost their lives on this storm and to the over 5,000 people who were injured. (Sharecast Information) – Shares are set for a dip at the beginning of trading on the back of another round of heavy losses in the know-how space in the States on Monday.

A company’s stock value moves or broad market strikes might be deceptive. Nobody realized it on the time, but these documents have been proof of a money laundering scheme Fred had developed by creating offshore shell financial institution accounts utilized by his drug dealing shoppers.financial news today

Banks and monetary establishments, including SBI, PNB and LIC right now entered into …

Indonesia Finance Information

As I develop into increasingly more concerned with the world of investing, I’ve noticed one factor that causes me to get a bit aggravated. They have to suppose that their hard earned tax money is going to build and preserve the roads, bridges, faculties, courthouses, pay authorities staff, fund the battle on terror, war on medication, struggle on crime, battle on poverty and all the opposite wars that are by no means gained, but are for the aim of making more debt (I imply cash) for me. It’s essential to maintain funding all the great social programs that I dream up for you, and you should implement them at my beck and name, since you are to date in debt to me, that I can call in your chapter right away.

Now, I’m unable not solely to get job of its status, however a scholar mortgage that I cannot service and a debt assortment action within the process. Which interprets into extra mortgage options for borrowers, elevated underwriting flexibility and a reduction in industrial mortgage charges on the banks margin aspect.

For those who think about that below the watch of the Financial institution of International Settlements, the home bank …