Congress


Markets

CEO of Colonial Pipeline to Face Congress Grilling Over Bitcoin Ransom

The CEO will face the Senate Homeland Security Committee to explain the reasoning behind his decision to pay a $4.4M bitcoin ransom.

oil pipeline

Policy

A16z Tells Congress SEC Disadvantages 'Ordinary Folks' From Token Investing

Andreessen Horowitz Managing Partner Scott Kupor blamed unclear guidelines for locking regular investors out of crypto’s upside.

Andreessen Horowitz's Scott Kupor

Markets

OCC, Fed, FDIC Mulling Forming an Interagency Policy Team on Crypto

"Prior to this meeting, Vice Chair Quarles, Chair McWilliams and I had talked about potentially putting together an interagency policy sprint team just on crypto because of exactly the concerns you've described," Hsu said.

OCC

Policy

US Congressman Reintroduces Bill With Tax Protections for Investors With Forked Crypto Assets

The legislation would outlaw penalizing taxpayers until the IRS clarifies its policies.

U.S. Rep. Tom Emmer

Policy

US Senator Proposes Making Distributed Ledgers ‘Key Technology Focus’

Wyoming's Cynthia Lummis wants the U.S. government to make blockchain a priority.

Senator Cynthia Lummis (R-Wyo.) is sponsoring an amendment that would add digital ledger technology to a list of science and technology priorities for the federal government.

Policy

State of Crypto: Gary Gensler's Regulatory Clarity Sounds Awfully Familiar

Gary Gensler said Congress should provide clarity around crypto exchange regulation. A 2020 bill sought to do just that.

SEC Chair Gary Gensler suggested Congress could grant a federal regulator oversight authority over crypto exchanges during a Congressional hearing last week.

Policy

SEC Chair Gary Gensler Recommends Congress Regulate Crypto Exchanges

“There’s really no protection around fraud or manipulation,” Gensler said in his first public hearing since taking the reins at the agency.

SEC Chair Gary Gensler appeared before Congress for the first time since being confirmed to his role running the federal securities regulator.

Markets

Ex Florida Tax Collector Offered Roger Stone Bitcoin in Hopes of a Trump Pardon

"If I get you $250K in bitcoin would that help?" Joel Greenberg reportedly asked.

congress

Videos

Sen. Cynthia Lummis on Bill to Create First SEC-CFTC Digital Asset Task Force

The U.S. Senate Banking Committee is considering a bill that would create a digital asset working group to ensure collaboration between regulators and the private sector to foster innovation. Pro-bitcoin committee member and Wyoming Senator Cynthia Lummis weighs in on the legislation and how Congress will receive it.

Recent Videos

Policy

State of Crypto: Congress Takes One Step Closer to Regulatory Clarity

A bipartisan bill addressing cryptocurrencies made it through the House of Representatives. Next up: the Senate.

The Senate is now looking at a bill that would evaluate cryptocurrency regulation within the U.S.