congress

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Key US Senators Introduce Crypto Bill Outlining Sweeping Plan for Future Rules
Kirsten Gillibrand and Cynthia Lummis release the long-awaited strategy that favors the CFTC as a watchdog and wipes away tax worries for purchases of less than $200.
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Crypto News Roundup for June 3, 2022
With increasing fears about the onset of a crypto winter, plus a look at a thoughtful response to a recent letter to the U.S. Congress, CoinDesk’s Markets Daily is back with the latest news roundup.
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Inside Madison Cawthorn's $150K Crypto Bet: Here's the Wallet Under Ethics Investigation
The North Carolina firebrand is under investigation for allegedly “pumping and dumping” the “Let’s Go Brandon” meme coin. CoinDesk found his Ethereum wallet.
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How the US Can Establish Itself as a Crypto Leader
Regulators have an opportunity to map out thoughtful, strategic policy on stablecoins and beyond.
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Portuguese Congress Rejects Two Bills Seeking to Tax Crypto
The proposals were submitted by two leftist parties. The government, which also seeks to apply taxes, hasn’t submitted a proposal so far.
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Madison Cawthorn Hit With US House Ethics Investigation Over Crypto Promotion
The probe, announced Monday, appears to be related to the “Let’s Go Brandon” meme coin.
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Fed Vice Chair Pick and Ex-Ripple Adviser Tells Senators Crypto Needs Regulation
Former U.S. Treasury official Michael Barr fielded questions about crypto during his Senate nomination hearing.
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Biden Administration Wants Crypto Exchanges to Separate Customer and Corporate Funds
Federal officials saw Coinbase’s admission about customers’ vulnerability in a bankruptcy and will call for congressional action to segregate clients’ funds, source says.
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Derivatives' Old Guard Fights FTX Chief Over Plan to Cut Out Middlemen
FTX CEO Bankman-Fried testified at a House hearing, defending his CFTC proposal to directly clear customers’ margin-backed derivatives.
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'Failure Should Be an Option,' US Sen. Pat Toomey Says of UST Turmoil
The Banking Committee’s top Republican doesn’t want asset-backed stablecoins tarnished by the UST drama.
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