US Senate
Senator Seeks to Waive U.S. Taxes on Small-Scale Crypto Activity in Big Budget Bill
The effort from Senator Cynthia Lummis is one of several crypto tax provisions in an amendment aimed at reducing tax burdens in core areas of the industry.
Senate Advances Stablecoin Bill, Clearing the Way for Final Passage
At least 60 Senators voted in favor of the GENIUS Act on Monday night.
Senate Dems Gear Up Resistance Ahead of Crucial Stablecoin Bill 'Cloture' Vote
The U.S. Senate is poised to try another high-stakes procedural vote to push stablecoin legislation forward, which could mark a major win for the crypto sector.
U.S. Stablecoin Bill Could Clear Senate Next Week, Proponents Say
Senator Bill Hagerty, who backed the Senate's version of the legislation, predicted the body will "make history" next week by passing the bill.
Trump-tied World Liberty Financial Rebuffs U.S. Senator's Probe
Sen. Richard Blumenthal had written letters to Trump-affiliated executives, asking about their businesses, and WLFI called some of his assertions inaccurate.
Senate's New Stablecoin Draft Doesn't Target Trump's Crypto, Tweaks Big-Tech Approach
A legislative draft obtained by CoinDesk shows a marginally revised version despite Democrats citing "major victories" in the Senate negotiation.
Senate Democrat Says He's Looking Into Trump's Crypto Businesses
Sen. Richard Blumenthal wrote letters to Trump-affiliated business executives, asking about their ownership and investment structure.
U.S. Senate's Banking Chair Pushes Debanking Bill After Crypto Uproar
Senator Tim Scott, the chief of the banking committee, is backing a bill to stop U.S. regulators from citing "reputational risk" as a reason to block clients.
Effort to Kill IRS Crypto Rule Clears U.S. Senate Hurdle
With a split among Democrats, the Senate resolution to erase the IRS' DeFi-focused crypto broker rule passed with a massive majority and is now up to the House.
President Warming Up His Pen to Sign Resolution to Kill IRS Crypto Rule If Passed
As the U.S. Senate began its process to consider a resolution to erase the recent IRS rule that targets DeFi, the White House cheered it on.
