Congress
Bitcoin 30% Away From April Peak; Is It Overbought?
Kimberly Grauer, Director of Research at blockchain data platform Chainalysis, discusses whether bitcoin is overbought as it pulls back from the latest rally, explaining why the price run could reflect the industry reacting positively to the crypto regulatory conversations emerging from Congress. Plus, her take on the impact of China's crypto crackdowns versus U.S. regulatory scrutiny and DeFi risks.
Pelosi Ally Asks US House Speaker to Modify Crypto Language in Infrastructure Bill
Rep. Anna Eshoo endorsed a compromise amendment intended to narrow the scope of the term "broker" for crypto tax reporting purposes.
By Taxing Crypto, the US Government Has Accepted It's Here to Stay
There's a silver lining in Congress' efforts to impose a tax on crypto transactions: The U.S. finally accepts crypto is part of the economy.
SEC Chair Gary Gensler Wants Greater Authority and Resources to Regulate Crypto
In a letter to U.S. Senator Elizabeth Warren, Securities and Exchange Commission (SEC) Chairman Gary Gensler said Congress should grant the SEC greater authority and resources to crack down on the crypto sector.
There’s Still Time to Fix Congress’s Crypto-Tax Mess
The Senate has failed to amend a provision that could cripple the U.S. cryptocurrency sector. But the game's not over yet.
Gary Gensler’s Insane Crypto Policy
Gensler wants to follow in his predecessor's footsteps and treat the crypto industry as something to stifle rather than support.
2 Senators Propose Exemptions to Crypto Tax Reporting Required by US Infrastructure Bill
The amendment is a compromise between two previously proposed amendments.
Senate's Infrastructure Bill: What to Expect on Saturday
A handful of lawmakers have expressed support for the Wyden/Toomey/Lummis amendment to the crypto provision.
Ohio Sen. Rob Portman Defends Crypto Provision in US Infrastructure Bill
Portman argues his "common sense" provision will provide clarity for the crypto industry by standardizing information reporting of brokers.
State of Crypto: Infrastructure Bill Shows Congress Sees Crypto as Here to Stay
Congress's infrastructure bill may not be great for the U.S. crypto sector, but that there's a tax provision at all shows lawmakers recognize the industry's permanence.
