Congress


Policy

Banks Won't Rush to Hold Crypto – But OCC's Regulatory Approval Makes It Harder to Ignore

Regulatory approval doesn't mean banks are about to begin providing crypto custody, but it is accelerating a conversation about financial institutions safeguarding bitcoin.

OCC

Policy

CFTC Seeks Industry Advice on Blockchain Applications

The commission’s technology advisory committee made several presentations on various blockchain applications including CBDCs and digital tokens during a four-hour-long remote meeting last Thursday.

CFTC held a remote meeting with its technology advisory committee to discuss cybersecurity and DLT applications. (CoinDesk screenshot)

Policy

In the Aftermath of Hack, Lawmakers Blame Twitter, Not Bitcoin

Lawmakers are calling on Twitter to answer for a hack that shook the platform, focusing on cybersecurity rather than scapegoating cryptocurrencies.

Wyden_Shutterstock

Videos

Voatz and Why We Can’t Trust Online Voting Just Yet

CoinDesk privacy reporter Benjamin Powers takes an in-depth look at the pitfalls and kinks that still need ironing out before online platforms like Voatz and Democracylive can truly be viable voting alternatives in 2020.

CoinDesk placeholder image

Policy

WATCH: US Lawmakers Talk Digital Dollar, FedAccounts in Thursday Hearing

The “digital dollar” concept takes the spotlight Thursday as House Financial Services Committee members discuss how best to issue stimulus funds.

Credit: Shutterstock (modified using PhotoMosh)

Markets

US Lawmaker Proposes Legislative Groundwork for National Blockchain Strategy

A new bill in Congress asks the U.S. Federal Trade Commission to consider a national blockchain strategy.

“The ongoing coronavirus pandemic has made it clear that we need to maintain American leadership in technology,” said Rep. Brett Guthrie. (Credit: Office of Rep. Guthrie)

Finance

US Treasury Approves Square as Coronavirus Stimulus Lender

Square, the bitcoin-friendly company behind Cash App, announced Monday it is participating in the U.S. government’s emergency Paycheck Protection Program.

Twitter CEO Jack Dorsey

Markets

'Digital Dollar' Stripped From Latest US Coronavirus Relief Bill

The latest version of a U.S. House bill to stimulate the economy during the coronavirus pandemic no longer includes any language around a digital dollar, though a Financial Services Committee bill still does.

U.S. Speaker of the House Nancy Pelosi

Policy

HODLpac Enlists Winklevoss Twins, Brian Armstrong in Bid to Influence Crypto Policy in Washington

A new crypto-focused political action committee will direct funds to Congressional candidates – but with a decentralized twist.

Washington DC

Markets

This Is What a Productive Congressional Blockchain Hearing Looks Like

For once, U.S. lawmakers had an informative conversation about blockchain technology without posturing.

Last week's House Committee on Small Businesses hearing on blockchain was brief, but felt more productive than a day-long hearing by the larger House Financial Services Committee. (Credit: Shutterstock)