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Congress
Pro-Blockchain Bill Clears Hurdle in U.S. House
The legislation would tell the U.S. secretary of commerce to officially cheer for domestic blockchain technology, though its path toward becoming a law is uncertain.

Crypto Advocate Rep. McHenry Says He Won't Seek Reelection
Rep. Patrick McHenry (R-N.C.), arguably one of the crypto industry's most important advocates in Congress, has decided not to seek another term, he announced in a post on X (formerly Twitter). CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the possible implications for negotiations on current crypto bills and the broader U.S. crypto regulatory landscape.

House's McHenry Says He Won't Seek Reelection, Costing Crypto a Top Ally
Rep. Patrick McHenry, the chairman of the House Financial Services Committee who has shepherded crypto legislation this year, said he's decided not to run again next year.

Elizabeth Warren: D.C.'s Crypto Critic-in-Chief
The U.S. Senator from Massachusetts is skeptical of crypto. It's a position she leaned into in 2023.

Patrick McHenry Is Dragging Crypto Bills Through Congress
The bowtied chairman of the House Financial Services Committee has shown persistence in the face of increasing partisanship on crypto issues.

Republicans' Leadership Squabbles Delayed U.S. Crypto Bills Until 2024, Key Lawmakers Say
Republican Rep. French Hill and Democrat Rep. Jim Himes see potential future floor votes for crypto bills being key to convincing the Democrat-controlled Senate to play ball.

U.S. Treasury Campaigning for Amplified Powers to Chase Crypto Overseas
A top official has asked members of Congress for new laws to extend the Treasury's crypto reach beyond its existing enforcement and sanctions abilities.

‘We're Not Asking for Special Treatment’: Coin Center on the Proposed IRS Broker Rules
Peter Van Valkenburgh on why the crypto industry has responded with 120,000 comments to the controversial new tax regulations.

U.S. House's Spending Bill Aims to Hamstring SEC's Gensler Amid His Crypto Crackdown
Lawmakers agreed to an amendment from Tom Emmer, a senior House member and vocal crypto supporter, to insert an SEC-blocking provision in their government spending plan.

U.S. Bill Proposes Outlawing Government Use of China-Made Blockchains and Tether's USDT
Government officials would no longer be able to use networks developed by China that power crypto transactions, according to a new bipartisan bill.
