Congress


Markets

US Should Encourage Blockchain Investments, Says Former Defense Official

The US should promote investments in blockchain as part of a broader fight against cyberthreats, a former Defense Department official has said.

Eric Rosenbach during a discussion with Senate Committee on Commerce, Science, and Transportation

Markets

US Congressional Group Calls on IRS to Clarify Bitcoin Tax Guidance

A US congressional caucus is calling for more guidance from the Internal Revenue Service on the tax requirements for digital currencies like bitcoin.

Congress, Capitol Hill

Markets

US House Committee to Hold Virtual Currency Hearing

The US House of Representatives Financial Services Committee is holding a hearing on virtual currencies this week.

Congress

Markets

The IRS is Due to Present its Digital Currency Strategy to Congress Next Week

Congress wants answers from the Internal Revenue Service about its investigation into bitcoin tax avoidance – and they’re due by next week.

(Andrew F. Kazmierski/Shutterstock)

Markets

Congress Seeks Answers From IRS About Its Bitcoin Tax Investigation

Congressional leaders want answers about the Internal Revenue Service's ongoing effort to obtain user records from Coinbase.

(Image via Shutterstock)

Markets

US Congress to Announce Study on Virtual Currency Link to Terrorism Today

A US Congressional subcommittee is developing a bill to study the use of digital currencies by terrorists, CoinDesk has learned.

Congress, Capitol Hill

Markets

Boom in Drug Dealer Digital Currency Use Sparks Worries Among US Officials

There's been "a substantial increase" in cases involving digital currencies in the drug trade, a DHS official told Congress yesterday.

DHS, homeland security

Markets

Blockchain-Friendly Congressman Faces Hearings for Trump Budget Role

A blockchain-friendly member of Congress faced confirmation hearings on Capitol Hill yesterday in his bid to lead the Office of Management and Budget.

Mick Mulvaney (CoinDesk archives)

Markets

Congressional Committee Calls for CFTC 'Clarity' on Bitcoin

A Congressional committee has called on the Commodity Futures Trading Commission to focus on digital currency regulation.

U.S. Capitol building

Markets

US Central Bank Chair: Blockchain Could Have 'Significant' Impact

The Federal Reserve isn't working on any blockchain applications of its own at this time, according to Fed chair Janet Yellen.

Yellen, Federal Reserve