Congress
Congressional Hearings on Domestic Terrorism Avoid Blaming Bitcoin
Many in the crypto world were concerned that, following the January Capitol Hill insurrection, Congress would single out bitcoin as a means of funding domestic terrorism. But according to CoinDesk's Nik De, during Thursday's hearing bitcoin was not singled out. Instead, it was lumped into the same category as other online payments like PayPal. "As far as the crypto industry is concerned, I would say it was a largely positive hearing," De said.
Here’s What Happened at the GameStop Hearings
Key questions remain following yesterday’s GameStop hearing. CoinDesk regulatory reporter Nik De joins “First Mover” to discuss the testimony and next steps.
GameStop Hearings Underway; Here's What That Could Mean for Crypto
CoinDesk regulatory reporter Nik De weighs in on what the GameStop congressional hearings could mean for the crypto world, and what fans of cryptocurrencies should look out for in the coming days.
US Lawmakers Looking Into China’s Role in GameStop Pump: Report
Some Republican members of the House Financial Services Committee want to look into Reddit’s ties to Chinese tech conglomerate Tencent and Robinhood rival Moomoo.
Robinhood CEO to Testify Before Congress. Here’s Why that Matters for Bitcoin.
Vlad Tenev, CEO of Robinhood, is expected to testify before Congress next week. The chance to put both Silicon Valley and Wall Street in the hot seat is “catnip for Congress” says CoinDesk senior research analyst Galen Moore.
US Congress Plans Hearings on GameStop Market Pumps
While Congress is planning multiple hearings, it's less clear what financial regulators might do.
US Lawmakers Reach Agreement on Stimulus Bill, Vote Could Come Tonight, McConnell Says: CNBC
Negotiators on Sunday were hammering out final details of a $900 million pandemic stimulus, the Wall Street Journal reported.
US Lawmakers Ask SEC to Clarify Broker-Dealer Rules
U.S. lawmakers asked the SEC and FINRA to clarify how crypto firms can become registered broker-dealers and provide custody services for crypto assets.
US Senator Toomey Highlights Digital Currency Regs as He Eyes Banking Panel Chairmanship
The Pennsylvania senator is eager to focus on fintech if he assumes the top post at the Senate Banking Committee.
US Lawmakers Don't Want Proof-of-Stake Networks to Get Overtaxed
Four U.S. congressmen have asked the IRS to clarify how block rewards from proof-of-stake networks are taxed, to prevent taxpayers from owing more than they should.
