Congress


Videos

Standoff Over $28T of US Government Debt Could Rattle Bitcoin Market

As a pitched battle in the U.S. Congress raises the risk of the government defaulting on its $28 trillion in debt, some cryptocurrency traders are speculating whether the gridlock over raising the debt ceiling could cause a swoon in bitcoin prices.

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Policy

As More Consumers Bank With Crypto, Washington Sounds the Alarm: NY Times

The NYT says officials in D.C. are trying to figure out how to curb what they see as crypto’s potential dangers.

The U.S. Capitol in Washington, D.C., Aug. 31, 2021. (Stefani Reynolds/Bloomberg via Getty Images)

Policy

House Moves to Consider Unamended Infrastructure Bill

The House will consider the bipartisan infrastructure bill on Sept. 27.

House Speaker Nancy Pelosi (D-Calif.)

Policy

State of Crypto: The Latest on Congress's Crypto Tax Provision

It's still unclear whether Congress will adopt any amendments.

The House of Representatives reconvened yesterday to look at the infrastructure bill.

Markets

Cuando China habló, bitcoin reaccionó. ¿Cuando lo hizo Estados Unidos? No tanto

Días después de que China reiterara medidas drásticas contra el segmento cripto, bitcoin cayó hasta 30%. Estados Unidos, por su parte, parece no ser el centro del universo cripto.

Crypto Long & Short Aug 22

Policy

Crypto Long & Short: When China Spoke, Bitcoin Reacted. America? Not So Much

It could just be the U.S. is not the center of the crypto universe.

Crypto Long & Short Aug 22

Policy

US Reps. Emmer, Soto Reintroduce Legislation to Clarify 'Money Transmitter' Designation

The congressmen called proposed guidance from the Financial Action Taskforce "concerning."

Rep. Tom Emmer

Policy

Congressmen McHenry, Thompson Call SEC Chair Gensler’s Remarks on Crypto ‘Concerning’

The two congressmen wrote that rather than potentially regulating innovation and job creation out of the U.S., lawmakers and regulators should “promote an active dialogue between regulators and market participants.”

Rep. Patrick McHenry (R-N.C.)

Policy

IRS, in Boon to Crypto, Will Reportedly Ignore How Bill Defines Broker; Bitcoin Rises

Citing an unnamed official, Bloomberg said Treasury won’t go after crypto firms that don’t meet the tax code’s definitions of a “broker.”

The seal of the U.S. Treasury Department.