Congress

Rep. Patrick McHenry told a Consensus 2024 audience that crypto law is inevitable by next year. (Shutterstock/CoinDesk/Suzanne Cordiero)
U.S. Lawmaker at Center of Crypto Negotiation Predicts Digital Assets Law by Next Year
Rep. Patrick McHenry – the chief GOP negotiator on crypto legislation – said future policy is now assured by a major bipartisan showing for his effort in the House of Represen...
Rep. Patrick McHenry told a Consensus 2024 audience that crypto law is inevitable by next year. (Shutterstock/CoinDesk/Suzanne Cordiero)

Capitol Hill building, Washington DC (Darren Halstead/Unsplash, modified by CoinDesk)
Is the House’s FIT21 Bill Really the Legislation That Crypto Needs?
While many in the industry cheered the passing of the Financial Innovation and Technology for the 21st Century Act yesterday, many other raised criticisms and concerns.
Capitol Hill building, Washington DC (Darren Halstead/Unsplash, modified by CoinDesk)

U.S. Capitol Building (Louis Velazquez/Unsplash)
U.S. House Passes Bill Banning Federal Reserve From Issuing a CBDC
The bill's prospects in the Senate are unclear, however.
U.S. Capitol Building (Louis Velazquez/Unsplash)

Republicans in the House of Representatives may force a government shutdown that could slow down crypto's U.S. progress. (Jesse Hamilton/CoinDesk)
The Financial Innovation and Technology for the 21st Century Act Is a Watershed Moment for Our Industry
For too long, the regulatory landscape for digital assets in the United States has been an untenable. FIT21 represents a notable step in the right direction, Blockchain Associ...
Republicans in the House of Representatives may force a government shutdown that could slow down crypto's U.S. progress. (Jesse Hamilton/CoinDesk)

The U.S. House of Representatives passed its first significant crypto regulation bill. (Jesse Hamilton/CoinDesk)
U.S. House Approves Crypto FIT21 Bill With Wave of Democratic Support
The House's passage of the digital assets legislation passes the crypto baton to the Senate, where odds remain low for decisive action.
The U.S. House of Representatives passed its first significant crypto regulation bill. (Jesse Hamilton/CoinDesk)

(President Joseph Biden, on Twitter/X)
Does the SAB 121 Vote Mean Anything for Future Crypto Legislation?
An encouraging sign of bipartisan agreement over sane digital asset rules is also business as usual.
(President Joseph Biden, on Twitter/X)

President Joe Biden is threatening to veto an effort in Congress to overturn the Securities and Exchange Commission's crypto accounting policy. (Chip Somodevilla/Getty Images)
House Votes to Erase SEC Crypto Policy While President Biden Vows Veto
The House of Representatives voted in favor of a resolution to oppose the SEC's crypto accounting policy, Staff Accounting Bulletin No. 121, as President Biden defends it.
President Joe Biden is threatening to veto an effort in Congress to overturn the Securities and Exchange Commission's crypto accounting policy. (Chip Somodevilla/Getty Images)

U.S. Securities and Exchange Commission Chair Gary Gensler has been accused of misleading Congress on his ether views. (Jesse Hamilton/CoinDesk)
House's McHenry Accuses SEC Chief Gensler of Misleading Congress on Ethereum
The chairman of the House Financial Services Committee says Gensler refused to discuss his view on ETH in testimony even after the SEC was investigating it as a security.
U.S. Securities and Exchange Commission Chair Gary Gensler has been accused of misleading Congress on his ether views. (Jesse Hamilton/CoinDesk)

An effort to attach a stablecoin bill to another must-pass piece of legislation looks to be unlikely to succeed. (Jesse Hamilton/CoinDesk)
Stablecoin Bill Unlikely to Get Pinned to FAA Reauthorization, Putting Effort On Hold Again
A flash of hope that an FAA bill could carry U.S. stablecoin rules across the finish line has been momentarily dashed as congressional leaders were said to ward off amendments...
An effort to attach a stablecoin bill to another must-pass piece of legislation looks to be unlikely to succeed. (Jesse Hamilton/CoinDesk)

Capitol Hill building, Washington DC (Darren Halstead/Unsplash, modified by CoinDesk)
Stablecoin Bill Could Be Ready for the U.S. House Soon Says Top Democrat Maxine Waters: Bloomberg
Waters has previously called a version of the stablecoin bill “deeply problematic and bad for America."
Capitol Hill building, Washington DC (Darren Halstead/Unsplash, modified by CoinDesk)