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Congress
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.

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.

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.

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.

US Senator Proposes Making Distributed Ledgers ‘Key Technology Focus’
Wyoming's Cynthia Lummis wants the U.S. government to make blockchain a priority.

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 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.

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.

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.

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.
