Congress
Senator Toomey Calls Text of Current Crypto Tax Proposal ‘Unworkable’
The Pennsylvania Republican said the definition of a broker is too broad and would affect bitcoin miners, which should be exempt.
Congress, Don't Rush Regulating Crypto
A sprawling infrastructure bill is the wrong venue for regulating an industry as complex and systemically important as crypto.
Updated US Infrastructure Bill Narrows Crypto Reporting Requirement
An updated draft of a controversial crypto reporting requirement clarifies that brokers "effectuate" transfers of digital assets, but stops short of explicitly excluding miners or other parties that don't provide customer transactions.
Fundamentally Incompatible: How the Proposed Crypto Tax Rules Miss the Mark
A late addition to the infrastructure bill moving through Congress would impose impossible reporting requirements on miners and wallets.
What Are US Lawmakers Likely to Do About Crypto?
Former SEC Branch Chief Lisa Braganca discusses the regulatory gaps in the crypto industry critics worry undermine the financial markets’ safety and how Congress could use its authority to bring greater regulatory clarity. Plus, her take on stablecoins and what further congressional action may be needed to address their risks.
Framework to Regulate Crypto, Stablecoins Introduced in Congress
CoinDesk's Nikhilesh De discusses the details, reactions, and potential impact of a new bill introduced by Virginia Congressman Don Beyer that could provide regulatory clarity for stablecoins and the broader digital asset sector.
Framework to Regulate Crypto, Stablecoins Introduced in US Congress
Rep. Don Beyer (D-Va.) said the existing digital asset market structure and regulatory framework are too “ambiguous and dangerous for investors and consumers.”
Senate Banking Committee Bashes Bitcoin's 'Phony' Populism
The hearing was almost certainly the testiest in a trio of crypto-themed inquiries Tuesday morning.
State of Crypto: Congress Is Holding 3 Hearings Today, Here's What to Expect
Congress is holding three simultaneous hearings around cryptocurrencies today – and they're all on different types of use cases.
