Congress


Policy

Crypto Becomes Next Financial Sector Under US Lawmakers’ Diversity Lens

Democrats on the House Financial Services Committee are asking for more information about hiring from digital-assets firms.

Tyler Winklevoss and Cameron Winklevoss, creators of crypto exchange Gemini Trust Co. (Joe Raedle/Getty Images)

Policy

Paraguay’s Electricity Authority Requests Higher Rates for Crypto Miners, Partial Veto of Mining Legislation

The legislature last month approved a bill regulating crypto mining and trading in the country.

Bitcoin mining rigs (Image credit: Eliza Gkritsi/CoinDesk)

Policy

US Tech Bill Creates White House Blockchain Adviser Role

Bipartisan legislation approved by Congress to help out computer-chip manufacturing will also establish a new digital assets expert to advise the president.

U.S. President Joe Biden (Anna Moneymaker/Getty Images)

Policy

US Senate Republican Seeking Bipartisan Support for Stablecoin Oversight Effort

The ranking Republican on the Senate Banking Committee is talking to Democrats, including Chairman Sherrod Brown, to gain broader support.

El senador Sherrod Brown (izq) junto a Pat Toomey (der). (Tom Williams-Pool/Getty Images)

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Policy

US Stablecoin Bill Delayed by Congressional Committee Until After August

The head of an influential House panel said negotiations on the measure won't take place until after the summer recess.

Rep. Maxine Waters (Anna Moneymaker/Getty Images)

Policy

Will Stablecoins Be Tethered to the Fed? Lawmakers Have Circled That Option

The U.S. central bank may get a leading role in policing stablecoins, according to legislation being negotiated in the House of Representatives. Crypto analysts weigh what that means.

Bitcoin and ether traded slightly higher following Fed Chairman Jerome Powell’s latest comments on inflation and the economy. (Jesse Hamilton/CoinDesk)

Policy

Top GOP Senator Slams SEC for Ignoring Crypto Turmoil

The ranking Republican on the Banking Committee accused the agency of failing to provide regulatory clarity that could have prevented Celsius' bankruptcy and other recent industry damage.

Sen. Pat Toomey (R-Pa.)  (Samuel Corum/Getty Images)

Policy

US Senators Push Bill to Make Small Crypto Transactions Tax-Free

The top Republican on the Senate Banking Committee joined Democrat Kyrsten Sinema in legislation to exempt transactions of less than $50.

Sen. Pat Toomey (R-Pa.) (Suzanne Cordeiro for CoinDesk)

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Policy

US Stablecoin Bill Delayed, but Draft Language May Soon Emerge

As negotiations slow the release of a bipartisan bill until possibly September, lawmakers may put out some initial language soon to spur discussion.

U.S. Capitol building (Michael Bell/Getty Images)

Policy

Stablecoin Firms Face Tough Reserve, Capital Demands in US Bill, Source Says

Digital tokens such as tether and Circle’s USDC that are vital to functional crypto markets would have to meet stringent new requirements in legislation that’s close to the finish line.

U.S. Rep. Patrick McHenry, the top Republican on the House Financial Services Committee, and Chairwoman Maxine Waters (Sarah Silbiger-Pool/Getty Images)