Congress


Policy

Sen. Lummis Mounts Last-Ditch Effort to Modify Crypto Broker Language

With Biden’s signature imminent, the Wyoming senator is trying once more to narrow the bill’s “broker” scope.

Sen. Cynthia Lummis (R-Wyo.) walks the halls of the Capitol outside the Senate chamber on Aug. 10, 2021. (Liz Lynch/Getty Images)

Policy

US Stablecoin Report Gets Mixed Reviews From Crypto Industry

Issuers’ reactions ranged from effusive to diplomatic, but lobbyists pushed back against stablecoin recommendations by the President’s Working Group on Financial Markets.

“The crypto industry is trying to walk a fine line between benefiting from the legitimacy provided by government oversight while trying to stay clear of extensive and intrusive regulation," says one academic. (Art Institute of Chicago)

Policy

Biden’s ‘Build Back Better’ Act Would Close Crypto Tax Loophole

The provision adds cryptocurrency transactions to constructive sale rules under the tax code.

U.S. President Joe Biden (Chip Somodevilla/Getty Images)

Policy

CFTC Should Be Crypto’s ‘Primary Cop,’ Acting Chairman Says

Rostin Behnam points to enforcement actions the agency has already taken.

Acting CFTC Chair Rostin Behnam (left), Fed Chair Jerome Powell and FDIC Chair Jelena McWilliams (Stefani Reynolds/Bloomberg via Getty Images)

Videos

DeFi on the Ballot: Yearn Developer Matt West on Running for Congress

Former Yearn.Finance developer Matt West has declared his candidacy for Oregon’s newly formed 6th U.S. House district as a Democrat. West discusses what it means to be the first DeFi developer to run for Congress on a pro-crypto platform and what he hopes to achieve through his campaign.

Recent Videos

Policy

What I Learned About Crypto Regulation From a Week in DC

Crypto has arrived in the capital and concerns about stablecoins are very real. Nikhilesh De, CoinDesk’s managing editor for global policy and regulation, takes stock.

(Andy Feliciotti/Unsplash)

Policy

US Lawmakers Push Back on Facebook’s Novi Wallet Launch

A group of Democrat senators is taking umbrage with a pilot launch involving Novi and Paxos’ USDP stablecoin.

Sen. Brian Schatz (D-Hawaii) is taking Facebook to task for its Novi pilot. (Sarah Silbiger/Bloomberg via Getty Images)

Policy

Crypto Learns to Play the DC Influence Game

The infrastructure bill was the first shot in a long battle on Capitol Hill. But do lobbyists in Washington really understand crypto?

(Melody Wang/CoinDesk)

Policy

Crypto Is Too Big for Partisan Politics

The industry enjoys broad support among the American people, and that should be reflected by our elected officials, too.

(Khashayar Kouchpeydeh/Unsplash)