Pat Toomey

Washington’s Crypto Awakening: The Lawmaker Town Hall
Washington’s Crypto Awakening: The Lawmaker Town Hall
Top lawmakers Sen. Kirsten Gillibrand (D-NY), Sen. Cynthia Lummis (R-WY), Rep Patrick McHenry (R-NC) and Sen. Pat Toomey (R-PA) discuss crypto policy at Consensus 2022 in Aust...
Washington’s Crypto Awakening: The Lawmaker Town Hall

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Stablecoins Could Still Dominate Post-Terra, S&P Says
Not all stablecoins are alike, analysts note, but regulations may be needed to precipitate audits and investor fairness.
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Washington’s Crypto Awakening: The Lawmaker Town Hall
Washington’s Crypto Awakening: The Lawmaker Town Hall
Top lawmakers Sen. Kirsten Gillibrand (D-NY), Sen. Cynthia Lummis (R-WY), Rep Patrick McHenry (R-NC) and Sen. Pat Toomey (R-PA) discuss crypto policy at Consensus 2022 in Aust...
Washington’s Crypto Awakening: The Lawmaker Town Hall

Lawmakers Say US Stablecoin Law Could Pass This Year
Lawmakers Say US Stablecoin Law Could Pass This Year
The U.S. could have a new federal law on stablecoins by the end of this year, lawmakers told attendees at Consensus 2022 in Austin, Texas. Sen. Pat Toomey (R-PA) is joined by...
Lawmakers Say US Stablecoin Law Could Pass This Year

Sen. Pat Toomey addresses the Consensus 2022 conference in Austin, Texas (Suzanne Cordeiro)
US Stablecoin Law Could Actually Pass This Year, Lawmakers Say
The collapse of terraUSD only added extra fuel to the fire for those saying the sector needs regulatory clarity, and fast.
Sen. Pat Toomey addresses the Consensus 2022 conference in Austin, Texas (Suzanne Cordeiro)

Sen. Pat Toomey (R-Pa.) (Kevin Dietsch/Getty Images)
'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.
Sen. Pat Toomey (R-Pa.) (Kevin Dietsch/Getty Images)

Treasury Secretary Janet Yellen highlighted the difficulties of UST during a Senate Banking Committee hearing on risks to the financial system. (Elizabeth Frantz-Pool/Getty Images)
UST Woes Draw Spotlight in Janet Yellen's Senate Hearing on Financial Risks
Treasury Secretary Janet Yellen highlights latest news on UST algorithmic stablecoin losing its dollar peg during Senate Banking Committee hearing.
Treasury Secretary Janet Yellen highlighted the difficulties of UST during a Senate Banking Committee hearing on risks to the financial system. (Elizabeth Frantz-Pool/Getty Images)

(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)

Senator Toomey Introduces New Stablecoin Bill, SEC Approves BTC Spot ETF
Senator Toomey Introduces New Stablecoin Bill, SEC Approves BTC Spot ETF
CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De discusses a new bill introduced by Senator Pat Toomey regarding a joint effort on stablecoin regulation....
Senator Toomey Introduces New Stablecoin Bill, SEC Approves BTC Spot ETF

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)