Legislation

Senators Kirsten Gillibrand (left) and Cynthia Lummis (Suzanne Cordiero/Shutterstock/CoinDesk)
The Ever-Dwindling Chances for a Stablecoin Law
The timeline for the introduction, markup and passage for a stablecoin bill is getting tight as Congress gears up for election season.
Senators Kirsten Gillibrand (left) and Cynthia Lummis (Suzanne Cordiero/Shutterstock/CoinDesk)

Key U.S. lawmakers met Thursday to talk about how to advance stablecoin legislation. (Jesse Hamilton/CoinDesk)
Top U.S. House Lawmakers Meet on Stablecoin Bill Strategy: Punchbowl
House Financial Services Committee Chairman Patrick McHenry and the panel's ranking Democrat, Maxine Waters, reportedly met with the Senate's majority leader on next steps.
Key U.S. lawmakers met Thursday to talk about how to advance stablecoin legislation. (Jesse Hamilton/CoinDesk)

U.S. Rep. Patrick McHenry says the stablecoin legislative debate is still moving forward this year. (Nikhilesh De/CoinDesk)
Key U.S. Lawmaker McHenry Says House Has 'Workable' Stablecoin Bill
The House Financial Services Committee chairman, in his final year in Congress, is still optimistic about passing a U.S. stablecoin bill, and Sen. Cynthia Lummis said the Sena...
U.S. Rep. Patrick McHenry says the stablecoin legislative debate is still moving forward this year. (Nikhilesh De/CoinDesk)

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Republican Lawmakers Introduce Legislation to Ban a CBDC in the U.S. ... Again
Senators Ted Cruz, Bill Hagerty, Rick Scott, Ted Budd and Mike Braun filed a bill titled "The CBDC Anti-Surveillance State Act."
(Andy Feliciotti/Unsplash, modified by CoinDesk)

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England's Law Commission Seeks Views on Draft Legislation to Label Crypto as Property
The Law Commission also called for evidence on its project on digital assets and electronic trade documents in private international law.
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The U.S. Senate Banking Committee isn't poised to act on any crypto money-laundering legislation, sources have said. (Jesse Hamilton/CoinDesk)
Crypto Action in Senate Remains on Back Burner: Sources
Though industry insiders are eying Sen. Elizabeth Warren and other Democrats nervously as they push bills that may be harsh for the crypto sector, a key committee is so far ho...
The U.S. Senate Banking Committee isn't poised to act on any crypto money-laundering legislation, sources have said. (Jesse Hamilton/CoinDesk)

U.K Economic Secretary Bim Afolami (U.K. Parliament)
UK Minister Expects Stablecoin and Staking Legislation Within Six Months: Bloomberg
Economic Secretary to the Treasury Bim Afolami has said the U.K. government was "pushing very hard" to bring legislation for stablecoins and staking services for crypto assets...
U.K Economic Secretary Bim Afolami (U.K. Parliament)

A top official with the U.S. Department of the Treasury confirmed earlier reports that Hamas relied heavily on crypto were faulty. (Jesse Hamilton/CoinDesk.)
U.S. Treasury Debunks Narrative That Hamas Relied on Crypto to Fund Terrorism
The Treasury's top official on terrorism, Brian Nelson, said Hamas and other groups still prefer traditional financing, and crypto isn't figuring into their funding in a big w...
A top official with the U.S. Department of the Treasury confirmed earlier reports that Hamas relied heavily on crypto were faulty. (Jesse Hamilton/CoinDesk.)

U.S. Secretary of the Treasury Janet Yellen is set to warn lawmakers about crypto hazards to financial stability. (Jesse Hamilton/CoinDesk)
Treasury Secretary Janet Yellen Warns of Crypto Risks
Yellen is set to tell U.S. lawmakers that the FSOC is especially wary of stablecoins and the potential for digital asset runs.
U.S. Secretary of the Treasury Janet Yellen is set to warn lawmakers about crypto hazards to financial stability. (Jesse Hamilton/CoinDesk)

Lawmakers want to get rid of a controversial accounting policy pushed by Chair Gary Gensler's Securities and Exchange Commission. (Jesse Hamilton/CoinDesk)
U.S. Lawmakers Seek to Overturn SEC's Crypto Accounting Policy
Sen. Lummis and members of the House are pushing to repeal the SEC's Staff Accounting Bulletin 121, an effort that makes it harder for companies to custody crypto.
Lawmakers want to get rid of a controversial accounting policy pushed by Chair Gary Gensler's Securities and Exchange Commission. (Jesse Hamilton/CoinDesk)