The U.S. Securities and Exchange Commission (SEC) announced on Wednesday, August 23, the adoption of new rules and amendments that will strengthen the oversight and regulation of private fund advisers.

The House Financial Services Subcommittee on Capital Markets recently held a hearing titled Oversight of the SEC's Division of Corporation Finance.

Federal Reserve Chair Jerome Powell said during a June 21 Congressional hearing that Federal Reserve officials consider stablecoins money and accordingly believe the Fed should have a central role in their regulation.