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Pat Toomey
'Quite Unlikely' Crypto Legislation Gets to President's Desk in Current Congress: Former Sen. Toomey
Though the digital assets industry is desperate for regulatory clarity in the U.S., and is fighting legal skirmishes with the SEC while it waits for answers, the long-awaited congressional solution isn’t coming any time soon, according to former U.S. Senator Pat Toomey. "It's quite unlikely that legislation gets all the way to the President's desk and signed into law in this Congress. However, there is real important progress being made," Toomey said.
SEC Seeing Most Cryptocurrencies as Securities Is 'Ridiculous': Former Sen. Pat Toomey
U.S. House lawmakers have been making strides in crypto regulation, but could the recent flurry of legislative progress become law? Former Sen. Pat Toomey (R-Pa.) discusses the outlook for regulatory clarity and why "we still have a ways to go" as the SEC pushes for more industry oversight. Plus, insights into Toomey joining Coinbase's global advisory council and his central bank digital currency (CBDC) outlook.
Sen. Pat Toomey on FTX Collapse: 'Code Committed No Crime'
"Code committed no crime," Sen. Pat Toomey (R-Pa.) said Wednesday during a U.S. Senate hearing on the collapse of Sam Bankman-Fried's crypto exchange FTX. "With FTX, the problem was not with the instruments that were used. The problem was the misuse of customer funds."
Washington’s Crypto Awakening: The Lawmaker Town Hall
Top lawmakers Sen. Kirsten Gillibrand (D-NY), Sen. Cynthia Lummis (R-WY), Rep Patrick McHenry (R-NC) and Sen. Pat Toomey (R-PA) discuss crypto policy at Consensus 2022 in Austin, Texas. Moderator: Jesse Hamilton, Deputy Managing Editor, Global Policy and Regulation, CoinDesk
Washington’s Crypto Awakening: The Lawmaker Town Hall
Top lawmakers Sen. Kirsten Gillibrand (D-NY), Sen. Cynthia Lummis (R-WY), Rep Patrick McHenry (R-NC) and Sen. Pat Toomey (R-PA) discuss crypto policy at Consensus 2022 in Austin, Texas. Moderator: Jesse Hamilton, deputy managing editor, Global Policy and Regulation, CoinDesk
Lawmakers Say US Stablecoin Law Could Pass This Year
The U.S. could have a new federal law on stablecoins by the end of this year, lawmakers told attendees at Consensus 2022 in Austin, Texas. Sen. Pat Toomey (R-PA) is joined by Sen. Kirsten Gillibrand (D-NY), Sen. Cynthia Lummis (R-WY) and Rep. Patrick McHenry (R-NC).
Senator Toomey Introduces New Stablecoin Bill, SEC Approves BTC Spot ETF
CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De discusses a new bill introduced by Senator Pat Toomey regarding a joint effort on stablecoin regulation. Plus, a conversation about the SEC approving a new Bitcoin Spot ETF and the Treasury Secretary’s upcoming speech on cryptocurrency.
a16z Recommends US Regulate Crypto With Decentralization in Mind
Venture capital firm Andreessen Horowitz (a16z) has suggested four areas where the U.S. government can govern crypto and blockchain technology.
Sen. Pat Toomey Calls for Public Input on Crypto Legislation
CoinDesk's Nikhilesh De discusses his assessment of Sen. Pat Toomey (R-Pa.) seeking public input on addressing how cryptocurrencies should be regulated. Plus, his take on the possible outcomes from Fed Chair Jerome Powell speaking Friday about his expectations for the economy at the Jackson Hole Symposium and the latest with the bipartisan infrastructure bill.