Congress


Policy

SEC’s Crypto Record Rebuked by Ex-Commissioner, GOP Lawmakers in Hearing

The U.S. securities regulator took a beating in a congressional hearing that was weighted against it, with a witness list of critics calling out the SEC for its fight against crypto firms.

Former member of the U.S. Securities and Exchange Commission Daniel Gallagher testified in a House committee that the SEC rebuffed Robinhood Markets' attempt to comply with agency rules.  (photo illustration, Jesse Hamilton/CoinDesk)

Policy

U.S. Republican Lawmakers Say Crypto Legislation Not Yet Off the Table for This Year

Rep. Patrick McHenry and Sen. Cynthia Lummis said they're still shooting for crypto legislative action in the "lame duck" session after the November elections.

Senator Cynthia Lummis (Jesse Hamilton/CoinDesk)

Policy

Crypto-Fan Deaton Gets Chance to Battle Elizabeth Warren for U.S. Senate

John Deaton, a lawyer known as an advocate for crypto, dominated the Republican primary in Massachusetts, though beating Warren would be a Herculean task.

Noted crypto lawyer John Deaton won the Republican primary in Massachusetts to get a chance to face Sen. Elizabeth Warren in the general election. (Photo Illustration by Jesse Hamilton/courtesy of John Deaton for Senate, Boston Globe)

Policy

U.S. House Committee Plans for Heap of Crypto Hearings in September

The House Financial Services Committee is expected to look at DeFi, U.S. enforcement and "pig butchering" in a series of hearings the panel is set to schedule for next month.

U.S. Securities and Exchange Commission Chair Gary Gensler says the agency's court loss led to bitcoin ETF approvals. (Jesse Hamilton/CoinDesk)

Policy

Crypto-backed Candidate Ansari Narrowly Wins Arizona Primary by 39 Votes

The industry's top campaign-finance operation poured about $1.4 million into advertising to help secure Ansari's victory in a U.S. House primary, which was finalized in a recount this week.

Yassamin Ansari, a crypto-friendly Democratic congressional candidate in Arizona, held on to a 39-vote lead after a recount. (Gage Skidmore/Flickr)

Policy

Crypto Industry Tries to Tally Final Wins As U.S. Congressional Primaries Wind Down

Its favored Arizona candidate, Yassamin Ansari, is heading into a recount with only a 42-vote lead, but the sector's campaign operatives now turn to Missouri and Washington state.

The crypto industry has targeted U.S. Rep. Cori Bush with opposition ads in Missouri's Tuesday primary. (Kevin Dietsch/Getty Images)

Policy

Crypto Candidate in Arizona Is Winning (So Far) Despite Sen. Warren's Headwinds

An Arizona candidate who received $1.4 million in crypto help, is maintaining a 67-vote lead several days after the primary election, with a small pile of votes left to verify and count.

Yassamin Ansari, a crypto-friendly Democratic congressional candidate in Arizona, held on to a 39-vote lead after a recount. (Gage Skidmore/Flickr)

News Analysis

Trump's Talk of Bitcoin Reserve for the U.S. Leaves Industry Waiting for More Details

The idea for a U.S. government stockpile – pushed by U.S. Sen. Lummis and echoed by former President Donald Trump – has been praised by bitcoin investors, but details are scant.

Former President Donald Trump says he'll have the U.S. government stockpile bitcoin if he gets a second term. (Jon Cherry/Getty Images)

Policy

Democratic Crypto Supporters Call for Crypto-Friendly Party Platform

Crypto advocates in the U.S. House want their party to adopt a "forward-looking approach" to digital assets.

Key U.S. lawmakers met Thursday to talk about how to advance stablecoin legislation. (Jesse Hamilton/CoinDesk)

Policy

SEC Commissioner Grilled on Bitcoin ETFs as Senators Weigh U.S. Regulator Nominees

Crypto wasn't a major topic in a four-person confirmation hearing before the Senate Banking Committee, though SEC Commissioner Crenshaw was questioned on bitcoin ETFs.

A U.S. Senate committee passed a spending bill with a surprise crypto provision. (Jesse Hamilton/CoinDesk)