Congress
Signature Bank Taps Tether Rival TrueUSD for Payments Platform
CoinDesk’s Nikhilesh De reacts to New York-based Signature Bank adding stablecoin TrueUSD into its blockchain-based payments platform and discusses how TUSD compares to Tether. Review of this week’s congressional hearings on crypto and looking ahead to FATF’s plenary meeting on Monday.
Republican House Campaign Arm to Accept Donations in Crypto
The National Republican Congressional Committee, a fundraising arm for the House Republican Party, will begin accepting cryptocurrency donations via BitPay as the first political body in the U.S. Congress to do so. "The Hash" discusses crypto in politics.
House Democrats Form Cryptocurrency Working Group
The announcement came in a hearing about central bank digital currencies.
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.
