Congress

U.S. Rep. Patrick McHenry, the top Republican on the House Financial Services Committee, and Chairwoman Maxine Waters (Sarah Silbiger-Pool/Getty Images)
Stablecoin Firms Face Tough Reserve, Capital Demands in US Bill, Source Says
Digital tokens such as tether and Circle’s USDC that are vital to functional crypto markets would have to meet stringent new requirements in legislation that’s close to the fi...
U.S. Rep. Patrick McHenry, the top Republican on the House Financial Services Committee, and Chairwoman Maxine Waters (Sarah Silbiger-Pool/Getty Images)

(Michael del Castillo/CoinDesk)
SEC Enforcement Head Asks Congress for More Resources to Tackle Crypto Issues
Gurbir Grewal told members of a House Financial Services subcommittee he hopes to hire 125 more people, if he can get the funding.
(Michael del Castillo/CoinDesk)

Paraguayuan flag (Alex Steffler/Wikimedia Commons)
Paraguayan Senate Passes Bill Regulating Crypto Mining and Trading
The text must now be approved or vetoed by the country’s executive branch.
Paraguayuan flag (Alex Steffler/Wikimedia Commons)

(David McNew/Getty Images)
US Congressional Group ‘Disturbed’ by Crypto Mining Energy Usage
The six Democratic lawmakers found that seven large crypto miners consume enough energy to power all the households in Houston, Texas.
(David McNew/Getty Images)

Brazilian Congress building (Marisa Cornelsen/Unsplash)
Brazilian Congress Postpones Crypto Bill Vote Until After October Presidential Elections
Deputies were originally scheduled to consider the text this week, which has already been approved by the Senate.
Brazilian Congress building (Marisa Cornelsen/Unsplash)

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Biden Official Says US Government Could Pass Stablecoin Rules by End of Year
The President’s Working Group on Financial Markets discussed issues that should be addressed by stablecoin legislation in a meeting Thursday.
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State financial regulators will implement crypto regulations before Congress does, Jarrod Loadholt, a partner at Ice Miller Public Affairs Group, told CoinDesk TV’s “First Mover." (CoinDesk TV, modified)
States, Not Congress, Will Lead Crypto Regulation, Says Legal Expert
States could move faster to keep pace with a changing market, said Jarrod Loadholt, a partner at Ice Miller Public Affairs Group.
State financial regulators will implement crypto regulations before Congress does, Jarrod Loadholt, a partner at Ice Miller Public Affairs Group, told CoinDesk TV’s “First Mover." (CoinDesk TV, modified)

Federal Reserve Chairman Jerome Powell during a congressional hearing on Thursday. (CNBC/YouTube)
Powell Says Fed Plans Recommendation to Congress on CBDC
The Federal Reserve chairman says a digital dollar is "something we really need to explore as a country."
Federal Reserve Chairman Jerome Powell during a congressional hearing on Thursday. (CNBC/YouTube)

ADAM CEO Michelle Bond (Michelle Bond)
ADAM CEO Michelle Bond Announces Bid for US Congress
Bond, who describes herself as an “America First conservative,” is running as a Republican in New York’s 1st congressional district.
ADAM CEO Michelle Bond (Michelle Bond)