Congress

Breakdown 7.29.21 - $28B crypto provision
The Senate Shoves a Dangerous, Last-Minute $28B Crypto Provision Into the Infrastructure Bill
The bipartisan bill contains potential impacts to crypto intermediaries.
Breakdown 7.29.21 - $28B crypto provision

Sen. Sherrod Brown (D-Ohio), chairman of the U.S. Senate Banking Committee.
Senate Banking Committee Bashes Bitcoin's 'Phony' Populism
The hearing was almost certainly the testiest in a trio of crypto-themed inquiries Tuesday morning.
Sen. Sherrod Brown (D-Ohio), chairman of the U.S. Senate Banking Committee.

Congress is holding so many hearings that touch on crypto today.
State of Crypto: Congress Is Holding 3 Hearings Today, Here's What to Expect
Congress is holding three simultaneous hearings around cryptocurrencies today – and they're all on different types of use cases.
Congress is holding so many hearings that touch on crypto today.

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Washington Should Let DeFi Succeed
Regulators should prosecute fraud, but also acknowledge the limits of their effectiveness and allow DeFi to mature.
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Senate to Investigate Crypto’s Role in Cybercrime
The Senate Homeland Security and Governmental Affairs Committee is adding another front in lawmakers’ crypto probe.
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Sen. Chuck Grassley (R-Iowa)
Republican Senator Highlights Bitcoin's Battle in Shedding Criminal Baggage
Sen. Chuck Grassley is using "deeply flawed" estimates of illicit bitcoin activity to call for closer scrutiny of the industry, according to multiple crypto intelligence firms...
Sen. Chuck Grassley (R-Iowa)

Rep. Tom Emmer
Bipartisan US Bill Would Define Digital Assets, Emerging Technologies
The reintroduced bill has a Democrat co-sponsor this time, which might help its passage through the House.
Rep. Tom Emmer

Federal Reserve Board Chairman Jerome Powell
Jerome Powell: CBDC Report Coming in Early September
The report will address cryptocurrencies, stablecoins and CBDCs.
Federal Reserve Board Chairman Jerome Powell

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State of Crypto: Yes, We're Still Talking About Regulatory Clarity
An expressed desire for regulatory clarity in the U.S. isn’t new. But there’s increasing pressure for lawmakers and regulators to define just what sorts of digital asset activ...
MOSHED-2021-7-6-0-59-29

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Before We Regulate Crypto, We Need to Know What Crypto Is
UPenn's Sarah Hammer raised an interesting point in her congressional testimony yesterday: We don't have a unified source of data to make sense of crypto.
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