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Congress

New Stablecoin Bill Drafted by House Republicans as Compromise With Democrats

The House Financial Services Committee has released this year’s third draft of a stablecoin bill, meant to combine ideas from both parties in advance of a hearing next week.

By Jesse Hamilton

Jun 9, 2023 at 4:08 a.m. UTC

Jun 9, 2023

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U.S. Securities Exchange Commission Chair Gary Gensler

Robinhood Joins Coinbase in Saying It Tried to 'Come In and Register' Like SEC Wanted

The companies’ top lawyers testified in a House crypto hearing that they spent months trying to get the SEC to help them comply before being rebuffed.

By Jesse Hamilton

Jun 7, 2023 at 6:09 p.m. UTC

Jun 7, 2023

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Crypto Execs Give Washington Influence Another Go With FTX Anchor Around Necks

Without mentioning the sector’s disastrous 2022, including the wide-ranging crypto political donations that turned sour, the leaders of Coinbase and Messari are at it again.

By Jesse Hamilton

May 24, 2023 at 7:53 p.m. UTC

May 24, 2023

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U.S. Hearing Highlights Stablecoin Rift in Competing House Bills

Republicans focused on the chances for legislative compromise while Democrats characterized their stablecoin positions as a deepening divide.

By Jesse Hamilton

May 18, 2023 at 4:45 p.m. UTC

May 18, 2023

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Kraken’s Top Lawyer Says Signs of Progress in U.S. Congress Put SEC in Legal Bind

The exchange’s chief legal officer, Marco Santori, said the regulators must leave the big questions for Congress, and lawmakers are showing they’re moving forward on crypto.

By Jesse Hamilton

May 12, 2023 at 8:33 p.m. UTC

May 12, 2023

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Joint U.S. House Hearing on Crypto’s Future Kicks Off

The unusual joint meeting of the two most crypto relevant committees in the U S House of Representatives was called to work out the best legislative approach to digital assets Still one of the top Democrats questioned whether Congress should be writing a bill at all The Hash panel discusses the key takeaways from the [...]

By CoinDesk Inc

May 10, 2023 at 5:03 p.m. UTC

May 10, 2023

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Policy

Regulations

Previewing Congress's Joint Crypto Regulation Hearing

Congress is holding the first of several planned joint hearings on crypto legislation.

By Nikhilesh De

May 9, 2023 at 10:33 p.m. UTC

May 9, 2023

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Policy

Regulations

White House Pushes for Punitive Tax on Crypto Mining

The Biden administration is campaigning for a tax first sought in a recent federal budget proposal, advocating that crypto miners pay an amount equal to 30% of their energy costs.

By Jesse Hamilton

May 2, 2023 at 9:58 p.m. UTC

May 2, 2023

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U.S. Sen. Cynthia Lummis (left) and Rep. Patrick McHenry (Shutterstock/CoinDesk)

Policy

Regulations

U.S. House Will Have Crypto Bill in 2 Months: Rep. McHenry

Rep. Patrick McHenry said the House Financial Services Committee and the Agriculture panel will meet jointly in May as they work on crypto legislation.

By Amitoj Singh

Apr 28, 2023 at 10:32 p.m. UTC

Apr 28, 2023