pat toomey

(Kevin Dietsch/Getty Images, modified by CoinDesk)
The Stablecoin TRUST Act Could Enshrine Financial Privacy
A discussion draft of the bill was released by Sen. Pat Toomey.
(Kevin Dietsch/Getty Images, modified by CoinDesk)

U.S. Sen. Patrick Toomey introduced the "Stablecoin TRUST Act" on Wednesday. (Jonathan Ernst-Pool/Getty Images)
Top US Lawmaker Proposes Sweeping Stablecoin Regulation Framework
The Stablecoin TRUST Act would give stablecoin issuers a variety of regulatory regimes to abide by, but enforce disclosure and redemption requirements.
U.S. Sen. Patrick Toomey introduced the "Stablecoin TRUST Act" on Wednesday. (Jonathan Ernst-Pool/Getty Images)

Sen. Pat Toomey (Getty Images)
Sen. Toomey Sounds Warning About China’s Digital Yuan as Olympics Start
The country is using the Winter Olympics in Beijing as an international test of its central bank digital currency (CBDC).
Sen. Pat Toomey (Getty Images)

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Crypto Tax Exemptions Floated for $1T US Senate Bill
The carve-out would allow for miners, developers and node operators to be exempt from broker tax reporting purposes.
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Senate Republicans Hold News Conference On Infrastructure Legislation Counteroffer
Senator Toomey Calls Text of Current Crypto Tax Proposal ‘Unworkable’
The Pennsylvania Republican said the definition of a broker is too broad and would affect bitcoin miners, which should be exempt.
Senate Republicans Hold News Conference On Infrastructure Legislation Counteroffer

Sen. Sherrod Brown
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