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Congress

A piece of legislation that just passed a U.S. House of Representatives committee would tell the Department of Commerce to boost blockchain technology. (Nikhilesh De/CoinDesk)
Policy
Regulations
Pro-Blockchain Bill Clears Hurdle in U.S. House
The legislation would tell the U.S. secretary of commerce to officially cheer for domestic blockchain technology, though its path toward becoming a law is uncertain.
A piece of legislation that just passed a U.S. House of Representatives committee would tell the Department of Commerce to boost blockchain technology. (Nikhilesh De/CoinDesk)
By Jesse Hamilton
Dec 6, 2023 at 9:32 p.m. UTC
Dec 6, 2023
RegulationsDepartment of CommerceLegislationBlockchainCongressHouse Energy and Commerce Committee
Crypto Advocate Rep. McHenry Says He Won't Seek Reelection
Video
Congress
Crypto Advocate Rep. McHenry Says He Won't Seek Reelection
Rep. Patrick McHenry (R-N.C.), arguably one of the crypto industry's most important advocates in Congress, has decided not to seek another term, he announced in a post on X (f...
Crypto Advocate Rep. McHenry Says He Won't Seek Reelection
By CoinDesk Staff
Dec 6, 2023 at 3:35 p.m. UTC
Dec 6, 2023
CongresscdtvFM Clipcrypto regulationPatrick McHenryNik De
Key crypto ally Rep. Patrick McHenry (R-N.C.) has reportedly decided not to seek another term. (Suzanne Cordeiro/Shutterstock/CoinDesk)
Policy
Regulations
House's McHenry Says He Won't Seek Reelection, Costing Crypto a Top Ally
Rep. Patrick McHenry, the chairman of the House Financial Services Committee who has shepherded crypto legislation this year, said he's decided not to run again next year.
Key crypto ally Rep. Patrick McHenry (R-N.C.) has reportedly decided not to seek another term. (Suzanne Cordeiro/Shutterstock/CoinDesk)
By Jesse Hamilton
Dec 5, 2023 at 5:19 p.m. UTC
Dec 5, 2023
RegulationsPatrick McHenryCongressHouse Financial Services CommitteeElection 2024top news
The artist Die with the most likes's rendering of Elizabeth Warren for Most Influential 2023.
Consensus Magazine
Features
Elizabeth Warren: D.C.'s Crypto Critic-in-Chief
The U.S. Senator from Massachusetts is skeptical of crypto. It's a position she leaned into in 2023.
The artist Die with the most likes's rendering of Elizabeth Warren for Most Influential 2023.
By Nikhilesh De
Dec 4, 2023 at 1:22 p.m. UTC
Dec 4, 2023
FeaturesMost Influential 2023Elizabeth WarrenCongressno-livewire
U.S. Rep. Patrick McHenry in grey jacket and pink bow tie
Consensus Magazine
Features
Patrick McHenry Is Dragging Crypto Bills Through Congress
The bowtied chairman of the House Financial Services Committee has shown persistence in the face of increasing partisanship on crypto issues.
U.S. Rep. Patrick McHenry in grey jacket and pink bow tie
By Jesse Hamilton
Dec 4, 2023 at 1:12 p.m. UTC
Dec 4, 2023
FeaturesMost Influential 2023RegulationsPatrick McHenryCongressno-livewire
U.S. Rep. Patrick McHenry got tied up as temporary Speaker of the House, distracting him from crypto legislation. (Jesse Hamilton/CoinDesk)
Policy
House
Republicans' Leadership Squabbles Delayed U.S. Crypto Bills Until 2024, Key Lawmakers Say
Republican Rep. French Hill and Democrat Rep. Jim Himes see potential future floor votes for crypto bills being key to convincing the Democrat-controlled Senate to play ball.
U.S. Rep. Patrick McHenry got tied up as temporary Speaker of the House, distracting him from crypto legislation. (Jesse Hamilton/CoinDesk)
By Jesse Hamilton
Nov 30, 2023 at 9:47 p.m. UTC
Nov 30, 2023
HouseCongressLegislation
U.S. Deputy Secretary of the Treasury Wally Adeyemo has campaigned Congress to provide new authorities to oversee crypto outside the U.S. (Suzanne Cordiero/Shutterstock/CoinDesk)
Policy
Regulations
U.S. Treasury Campaigning for Amplified Powers to Chase Crypto Overseas
A top official has asked members of Congress for new laws to extend the Treasury's crypto reach beyond its existing enforcement and sanctions abilities.
U.S. Deputy Secretary of the Treasury Wally Adeyemo has campaigned Congress to provide new authorities to oversee crypto outside the U.S. (Suzanne Cordiero/Shutterstock/CoinDesk)
By Jesse Hamilton
Nov 29, 2023 at 7:57 p.m. UTC
Nov 29, 2023
RegulationsTreasuryTetherSanctionsCongresslobbying
Crypto advocate Peter Van Valkenburgh argues the IRS' extended reporting requirements violate the First and Fourth Amendments. (Coin Center)
Consensus Magazine
Opinion
‘We're Not Asking for Special Treatment’: Coin Center on the Proposed IRS Broker Rules
Peter Van Valkenburgh on why the crypto industry has responded with 120,000 comments to the controversial new tax regulations.
Crypto advocate Peter Van Valkenburgh argues the IRS' extended reporting requirements violate the First and Fourth Amendments. (Coin Center)
By Daniel Kuhn
Nov 14, 2023 at 7:51 p.m. UTC
Nov 14, 2023
OpinionTax Week 2023BrokersIRSTreasury DepartmentCongress
U.S. Rep. Tom Emmer, House majority whip, is seeking to use a budget bill to halt crypto enforcement actions from the Securities and Exchange Commission. (Jesse Hamilton/CoinDesk)
Policy
Regulations
U.S. House's Spending Bill Aims to Hamstring SEC's Gensler Amid His Crypto Crackdown
Lawmakers agreed to an amendment from Tom Emmer, a senior House member and vocal crypto supporter, to insert an SEC-blocking provision in their government spending plan.
U.S. Rep. Tom Emmer, House majority whip, is seeking to use a budget bill to halt crypto enforcement actions from the Securities and Exchange Commission. (Jesse Hamilton/CoinDesk)
By Jesse Hamilton
Nov 8, 2023 at 11:58 p.m. UTC
Nov 8, 2023
RegulationsSecurities and Exchange CommissionTom EmmerLegislationHouse of RepresentativesCongress
US Capital building (Matt Anderson/Getty Images)
Policy
Tether
U.S. Bill Proposes Outlawing Government Use of China-Made Blockchains and Tether's USDT
Government officials would no longer be able to use networks developed by China that power crypto transactions, according to a new bipartisan bill.
US Capital building (Matt Anderson/Getty Images)
By Elizabeth Napolitano
Nov 8, 2023 at 10:20 p.m. UTC
Nov 8, 2023
TetherChinaCongress