Congress
Lummis: Crypto Will Erupt as Big Issue in Senate Races Including Banking Chair Brown's
Sen. Cynthia Lummis said there's an effort underway to ensure Republicans trying to take seats from Democrats on the Senate Banking Committee are versed in crypto advocacy.
By Jesse HamiltonApr 9, 2024
Key Congressman McHenry Is Bullish U.S. Stablecoin Law Will Pass This Year
The window is narrowing for legislation to set up rules for stablecoin issuers in 2024, but the retiring chairman of the House Financial Services Committee says it can be done.
By Jesse HamiltonApr 9, 2024
House Republicans Demand SEC Explain What's Up With Crypto Platform Prometheum
The chairmen of two House committees want SEC Chair Gary Gensler to describe how the first special purpose crypto broker-dealer can legally handle ETH.
By Jesse HamiltonMar 26, 2024
Key U.S. Lawmaker McHenry Says House Has 'Workable' Stablecoin Bill
The House Financial Services Committee chairman, in his final year in Congress, is still optimistic about passing a U.S. stablecoin bill, and Sen. Cynthia Lummis said the Senate's majority leader is open to it.
By Jesse HamiltonMar 20, 2024
FinCEN Is Analyzing $165M in Transactions That May Tie Crypto and Hamas, Senior Official Says
Deputy Treasury Secretary Wally Adeyemo wrote a letter to lawmakers discussing the extent to which Hamas may be using crypto.
By Nikhilesh DeMar 14, 2024
Did Elizabeth Warren Just Endorse Bitcoin? Not So Fast
A stunt from Bitcoin supporters led to the appearance that the U.S. senator and staunch cryptocurrency opponent Elizabeth Warren signed an order for a flag to be flown over the U.S. capitol commemorating Satoshi Nakamoto.
By Sam KesslerFeb 15, 2024
U.S. Lawmakers Seek to Overturn SEC's Crypto Accounting Policy
Sen. Lummis and members of the House are pushing to repeal the SEC's Staff Accounting Bulletin 121, an effort that makes it harder for companies to custody crypto.
By Jesse HamiltonFeb 1, 2024
A Backdoor Regulatory Option Haunts U.S. Crypto
If all else fails with Plan A for setting up stablecoin rules with legislation, the industry's Republican allies in Washington have revealed their worry the Federal Reserve could step in.
By Jesse HamiltonJan 29, 2024
Warren’s Crypto Bill Is Likely Unconstitutional. It’s Also Unlikely to Pass
Democratic lawmakers signed on to sponsor the Digital Asset Anti-Money Laundering Act. The bill is bad for crypto in the U.S., even if it never gets through Congress.
By Daniel KuhnDec 12, 2023
Crypto Provisions Dropped From 2023 U.S. Defense Bill
The military-linked bill is viewed as must-pass legislation, so lawmakers sometimes try to tack on other things to get them passed, too.
By Nikhilesh DeDec 8, 2023