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Congress
Brazilian Senate Committee Approves Bill Regulating Crypto Transactions
The project, introduced by Senator Flávio Arns, has to be voted on by the Senate plenary and then, if approved, by the Brazilian Chamber of Deputies.
Bipartisan Senate Proposal Raises Alarm Over El Salvador's Bitcoin Adoption
The legislation quickly drew a sharp rebuke from El Salvador President Nayib Bukele.
US Bill Seeks to Protect Unhosted Crypto Wallets From Regulators
Rep. Warren Davidson (R-OH), a member of the Blockchain Caucus, introduced the bill on Tuesday.
CFTC Chair Urges Key Role for His Agency in Overseeing Crypto Spot Markets
Rostin Behnam, chairman of the Commodity Futures Trading Commission (CFTC), told the Senate Agriculture Committee Wednesday he believes his agency is best placed to monitor crypto spot markets trading, reiterating a stance he first took in October. He also asked Congress for an additional $100 million so the agency can properly oversee crypto markets. CoinDesk's Nikhilesh De discusses the latest in an ongoing crypto regulation turf war.
CFTC Chair Urges Leading Role in Overseeing Crypto Spot Markets
Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam appealed to Congress Wednesday requesting his agency be granted authority to oversee crypto spot markets in the U.S. Digital Asset Research CEO Doug Schwenk discusses the potential benefits of increased regulation, also sharing insights into price discovery in the bitcoin spot markets. Plus, thoughts on the SEC requesting comments from asset managers pending spot bitcoin ETF approvals about possible market manipulation.
CFTC Should Oversee Crypto Spot Markets, Chief Reiterates Before Congress
CFTC Chair Rostin Behnam also asked Congress to provide his agency with an additional $100 million so it can properly oversee crypto markets.
Pro-Bitcoin California Congressional Candidate: BTC is a ‘Way For Economic Justice,’ Lightning Network ‘is the Future’
Aarika Rhodes, U.S. congressional candidate for California’s 32nd District seeking to unseat Congressman Brad Sherman (D-Calif.), explains bitcoin as “a way for economic justice.” “Do I love the Lightning Network? Absolutely, I think it is the future,” Rhodes said.
US Lawmakers Reintroduce Bill to Provide Tax Relief for Small Crypto Transactions
The legislation by a bipartisan group of House representatives would exempt realized crypto gains under $200.
Provision in House Bill Allowing Treasury Secretary to Block International Crypto Transactions to Be Removed
An agreement has been reached between the congressman who introduced the provision and an industry think tank that lobbied against it.
House Bill Could Let Treasury Secretary Block International Crypto Transactions
A provision in the America COMPETES Act would give the Treasury secretary the power to block U.S. firms from interacting with some crypto transactions or exchanges, if it becomes law.
