Congress
Key Congressman McHenry Is Bullish U.S. Stablecoin Law Will Pass This Year
The window is narrowing for legislation to set up rules for stablecoin issuers in 2024, but the retiring chairman of the House Financial Services Committee says it can be done.
House Republicans Demand SEC Explain What's Up With Crypto Platform Prometheum
The chairmen of two House committees want SEC Chair Gary Gensler to describe how the first special purpose crypto broker-dealer can legally handle ETH.
Ethereum Foundation Not Necessarily the 'Subject of an Investigation' Despite SEC Inquiry: Lawyer
Hogan Lovells partner Liz Boison weighs in on the SEC's inquiry into the Ethereum Foundation as the "warrant canary" has been removed from the website of the Swiss non-profit organization. Plus, she shares insights into whether Ether will be deemed security in the near future, and explains why the inquiry is not likely tied to the potential spot ETH ETF approval.
We Are 'Not' Going to See a Crypto Legislation This Year: Legal Expert
Hogan Lovells partner Liz Boison answers five rapid-fire questions from CoinDesk including takeaways from the SEC's inquiry into the Ethereum Foundation, the role of crypto in the upcoming Presidential election, and why it's unlikely for crypto legislation to be passed this year. "This Congress already has its dance card pretty full up between now and the election," Boison said.
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 Senate's majority leader is open to it.
FinCEN Is Analyzing $165M in Transactions That May Tie Crypto and Hamas, Senior Official Says
Deputy Treasury Secretary Wally Adeyemo wrote a letter to lawmakers discussing the extent to which Hamas may be using crypto.
Did Elizabeth Warren Just Endorse Bitcoin? Not So Fast
A stunt from Bitcoin supporters led to the appearance that the U.S. senator and staunch cryptocurrency opponent Elizabeth Warren signed an order for a flag to be flown over the U.S. capitol commemorating Satoshi Nakamoto.
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.
A Backdoor Regulatory Option Haunts U.S. Crypto
If all else fails with Plan A for setting up stablecoin rules with legislation, the industry's Republican allies in Washington have revealed their worry the Federal Reserve could step in.
How Might Crypto Influence the Upcoming U.S. Elections?
CoinDesk managing editor for global policy and regulation Nikhilesh De looks ahead to 2024 and what role crypto might play in Congress, after Rep. Patrick McHenry (R-NC) announced that he would retire at the end of his term.
